Monthly Rent Report
Belmont Cragin Rent Report — June 2023
Asking rents in ZIP 60639, Chicago, from 152 listings.
Median 1BR rent in Belmont Cragin was $1,225 in June 2023, down 2.0% (−$25) from May 2023 and up 12.9% year-over-year. The middle half of 1BR listings asked between $1,100 and $1,300. That puts Belmont Cragin $175 below the Chicago citywide 1BR median of $1,400. The month's figures are based on 152 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2023 | Vs. June 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,200 | +$300 (+33.3%) | +$275 (+29.7%) | $825 – $1,613 | 4 |
| Studio | $925 | +$25 (+2.8%) | $0 (0.0%) | $925 – $925 | 1 |
| 1BR | $1,225 | −$25 (-2.0%) | +$140 (+12.9%) | $1,100 – $1,300 | 28 |
| 1BR | $1,150 | −$100 (-8.0%) | +$65 (+6.0%) | $1,150 – $1,150 | 1 |
| 2BR | $1,300 | +$25 (+2.0%) | +$25 (+2.0%) | $1,248 – $1,300 | 3 |
| 2BR | $1,400 | +$125 (+9.8%) | +$125 (+9.8%) | $1,346 – $1,550 | 86 |
| 3BR | $1,700 | −$150 (-8.1%) | +$500 (+41.7%) | $1,613 – $2,200 | 22 |
| 3BR | $2,500 | +$650 (+35.1%) | +$1,300 (+108.3%) | $2,500 – $2,500 | 1 |
| 4BR | $1,800 | −$50 (-2.7%) | −$1,200 (-40.0%) | $1,800 – $1,800 | 1 |
| 4BR | $1,800 | −$50 (-2.7%) | −$1,200 (-40.0%) | $1,800 – $1,800 | 1 |
Median, P25, and P75 are asking rents from listings posted in June 2023. Changes compare against the nearest prior month with data.
Belmont Cragin vs. Chicago — June 2023
| Bedrooms | Belmont Cragin Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,200 | $1,243 | −$42 (-3.4%) |
| Studio | $925 | $1,243 | −$317 (-25.6%) |
| 1BR | $1,225 | $1,400 | −$175 (-12.5%) |
| 1BR | $1,150 | $1,400 | −$250 (-17.9%) |
| 2BR | $1,300 | $1,700 | −$400 (-23.5%) |
| 2BR | $1,400 | $1,700 | −$300 (-17.6%) |
| 3BR | $1,700 | $2,275 | −$575 (-25.3%) |
| 3BR | $2,500 | $2,275 | +$225 (+9.9%) |
| 4BR | $1,800 | $2,500 | −$700 (-28.0%) |
| 4BR | $1,800 | $2,500 | −$700 (-28.0%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in June 2023.