Monthly Rent Report
Belmont Cragin Rent Report — October 2023
Asking rents in ZIP 60639, Chicago, from 107 listings.
Median 1BR rent in Belmont Cragin was $1,100 in October 2023, down 12.0% (−$150) from September 2023 and up 12.8% year-over-year. The middle half of 1BR listings asked between $1,100 and $1,200. That puts Belmont Cragin $375 below the Chicago citywide 1BR median of $1,475. The month's figures are based on 107 listings across 11 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2023 | Vs. October 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,300 | +$505 (+63.5%) | −$50 (-3.7%) | $1,000 – $1,488 | 7 |
| Studio | $795 | $0 (0.0%) | −$555 (-41.1%) | $795 – $795 | 1 |
| 1BR | $1,100 | −$150 (-12.0%) | +$125 (+12.8%) | $1,100 – $1,200 | 21 |
| 1BR | $1,304 | +$54 (+4.3%) | +$329 (+33.7%) | $1,202 – $1,405 | 2 |
| 2BR | $1,375 | −$200 (-12.7%) | −$25 (-1.8%) | $1,278 – $1,500 | 30 |
| 2BR | $1,350 | −$225 (-14.3%) | −$50 (-3.6%) | $1,350 – $1,350 | 1 |
| 3BR | $2,100 | +$350 (+20.0%) | +$250 (+13.5%) | $1,725 – $2,100 | 27 |
| 3BR | $2,100 | +$350 (+20.0%) | +$250 (+13.5%) | $1,871 – $2,100 | 6 |
| 4BR | $2,750 | +$400 (+17.0%) | −$450 (-14.1%) | $2,750 – $3,200 | 5 |
Median, P25, and P75 are asking rents from listings posted in October 2023. Changes compare against the nearest prior month with data.
Belmont Cragin vs. Chicago — October 2023
| Bedrooms | Belmont Cragin Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,300 | $1,200 | +$100 (+8.3%) |
| Studio | $795 | $1,200 | −$405 (-33.8%) |
| 1BR | $1,100 | $1,475 | −$375 (-25.4%) |
| 1BR | $1,304 | $1,475 | −$171 (-11.6%) |
| 2BR | $1,375 | $1,800 | −$425 (-23.6%) |
| 2BR | $1,350 | $1,800 | −$450 (-25.0%) |
| 3BR | $2,100 | $2,450 | −$350 (-14.3%) |
| 3BR | $2,100 | $2,450 | −$350 (-14.3%) |
| 4BR | $2,750 | $2,575 | +$175 (+6.8%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in October 2023.