Monthly Rent Report
Belmont Cragin Rent Report — November 2023
Asking rents in ZIP 60639, Chicago, from 168 listings.
Median 1BR rent in Belmont Cragin was $1,250 in November 2023, up 13.6% (+$150) from October 2023 and up 4.2% year-over-year. The middle half of 1BR listings asked between $1,250 and $1,250. That puts Belmont Cragin $254 below the Chicago citywide 1BR median of $1,504. The month's figures are based on 168 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2023 | Vs. November 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $795 | $0 (0.0%) | −$667 (-45.6%) | $795 – $795 | 1 |
| Studio | $975 | +$180 (+22.6%) | −$487 (-33.3%) | $886 – $1,625 | 14 |
| 1BR | $1,250 | +$150 (+13.6%) | +$50 (+4.2%) | $1,250 – $1,250 | 2 |
| 1BR | $1,418 | +$318 (+28.9%) | +$218 (+18.1%) | $1,376 – $1,459 | 2 |
| 2BR | $1,400 | +$25 (+1.8%) | −$87 (-5.9%) | $1,325 – $1,495 | 116 |
| 2BR | $1,453 | +$78 (+5.7%) | −$34 (-2.3%) | $1,453 – $1,453 | 1 |
| 3BR | $1,825 | −$275 (-13.1%) | +$725 (+65.9%) | $1,750 – $1,900 | 6 |
| 3BR | $1,750 | −$350 (-16.7%) | +$650 (+59.1%) | $1,750 – $1,900 | 16 |
| 4BR | $2,400 | −$350 (-12.7%) | +$213 (+9.7%) | $2,400 – $2,400 | 1 |
| 4BR | $2,400 | −$350 (-12.7%) | +$213 (+9.7%) | $2,400 – $2,400 | 1 |
Median, P25, and P75 are asking rents from listings posted in November 2023. Changes compare against the nearest prior month with data.
Belmont Cragin vs. Chicago — November 2023
| Bedrooms | Belmont Cragin Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $795 | $1,160 | −$365 (-31.5%) |
| Studio | $975 | $1,160 | −$185 (-15.9%) |
| 1BR | $1,250 | $1,504 | −$253 (-16.9%) |
| 1BR | $1,418 | $1,504 | −$86 (-5.7%) |
| 2BR | $1,400 | $1,800 | −$400 (-22.2%) |
| 2BR | $1,453 | $1,800 | −$347 (-19.3%) |
| 3BR | $1,825 | $2,298 | −$472 (-20.6%) |
| 3BR | $1,750 | $2,298 | −$547 (-23.8%) |
| 4BR | $2,400 | $2,750 | −$350 (-12.7%) |
| 4BR | $2,400 | $2,750 | −$350 (-12.7%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in November 2023.