Monthly Rent Report
Belmont Cragin Rent Report — August 2023
Asking rents in ZIP 60639, Chicago, from 50 listings.
Median 1BR rent in Belmont Cragin was $1,185 in August 2023, up 12.9% (+$135) from July 2023 and up 9.2% year-over-year. The middle half of 1BR listings asked between $935 and $1,200. That puts Belmont Cragin $335 below the Chicago citywide 1BR median of $1,520. The month's figures are based on 50 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2023 | Vs. August 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,200 | $0 (0.0%) | +$250 (+26.3%) | $1,098 – $1,250 | 7 |
| Studio | $1,095 | −$105 (-8.8%) | +$145 (+15.3%) | $825 – $1,275 | 18 |
| 1BR | $1,185 | +$135 (+12.9%) | +$100 (+9.2%) | $935 – $1,200 | 5 |
| 1BR | $995 | −$55 (-5.2%) | −$90 (-8.3%) | $995 – $995 | 1 |
| 2BR | $1,295 | −$30 (-2.3%) | −$117 (-8.3%) | $1,295 – $1,295 | 3 |
| 2BR | $1,275 | −$50 (-3.8%) | −$137 (-9.7%) | $1,250 – $1,300 | 4 |
| 3BR | $2,500 | +$455 (+22.2%) | +$600 (+31.6%) | $2,500 – $2,500 | 2 |
| 3BR | $1,200 | −$845 (-41.3%) | −$700 (-36.8%) | $1,200 – $1,200 | 1 |
| 4BR | $2,750 | −$75 (-2.7%) | — | $2,575 – $3,750 | 5 |
| 4BR | $2,692 | −$133 (-4.7%) | — | $2,692 – $2,692 | 1 |
Median, P25, and P75 are asking rents from listings posted in August 2023. Changes compare against the nearest prior month with data.
Belmont Cragin vs. Chicago — August 2023
| Bedrooms | Belmont Cragin Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,200 | $1,250 | −$50 (-4.0%) |
| Studio | $1,095 | $1,250 | −$155 (-12.4%) |
| 1BR | $1,185 | $1,520 | −$335 (-22.0%) |
| 1BR | $995 | $1,520 | −$525 (-34.5%) |
| 2BR | $1,295 | $1,808 | −$512 (-28.4%) |
| 2BR | $1,275 | $1,808 | −$532 (-29.5%) |
| 3BR | $2,500 | $2,395 | +$105 (+4.4%) |
| 3BR | $1,200 | $2,395 | −$1,195 (-49.9%) |
| 4BR | $2,750 | $2,692 | +$58 (+2.2%) |
| 4BR | $2,692 | $2,692 | $0 (0.0%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in August 2023.