Monthly Rent Report
Belmont Cragin Rent Report — September 2023
Asking rents in ZIP 60639, Chicago, from 22 listings.
Median 1BR rent in Belmont Cragin was $1,225 in September 2023, up 23.1% (+$230) from August 2023 and up 11.9% year-over-year. The middle half of 1BR listings asked between $1,058 and $1,263. That puts Belmont Cragin $225 below the Chicago citywide 1BR median of $1,450. The month's figures are based on 22 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2023 | Vs. September 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $795 | −$405 (-33.8%) | −$155 (-16.3%) | $795 – $795 | 1 |
| 1BR | $1,225 | +$230 (+23.1%) | +$130 (+11.9%) | $1,058 – $1,263 | 3 |
| 1BR | $1,250 | +$255 (+25.6%) | +$155 (+14.2%) | $1,219 – $1,300 | 4 |
| 2BR | $1,375 | +$100 (+7.8%) | −$75 (-5.2%) | $1,375 – $1,375 | 1 |
| 2BR | $1,575 | +$300 (+23.5%) | +$125 (+8.6%) | $1,500 – $1,750 | 5 |
| 3BR | $1,563 | −$937 (-37.5%) | −$112 (-6.7%) | $1,544 – $1,581 | 2 |
| 3BR | $1,750 | −$750 (-30.0%) | +$75 (+4.5%) | $1,750 – $1,750 | 1 |
| 4BR | $2,350 | −$342 (-12.7%) | — | $2,350 – $2,350 | 1 |
Median, P25, and P75 are asking rents from listings posted in September 2023. Changes compare against the nearest prior month with data.
Belmont Cragin vs. Chicago — September 2023
| Bedrooms | Belmont Cragin Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $795 | $1,238 | −$442 (-35.8%) |
| 1BR | $1,225 | $1,450 | −$225 (-15.5%) |
| 1BR | $1,250 | $1,450 | −$200 (-13.8%) |
| 2BR | $1,375 | $1,738 | −$362 (-20.9%) |
| 2BR | $1,575 | $1,738 | −$162 (-9.4%) |
| 3BR | $1,563 | $2,327 | −$764 (-32.9%) |
| 3BR | $1,750 | $2,327 | −$577 (-24.8%) |
| 4BR | $2,350 | $2,783 | −$433 (-15.6%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in September 2023.