Monthly Rent Report
Belmont Cragin Rent Report — December 2023
Asking rents in ZIP 60639, Chicago, from 68 listings.
Median 1BR rent in Belmont Cragin was $925 in December 2023, down 26.0% (−$325) from November 2023 and down 15.9% year-over-year. The middle half of 1BR listings asked between $925 and $925. That puts Belmont Cragin $530 below the Chicago citywide 1BR median of $1,455. The month's figures are based on 68 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2023 | Vs. December 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,300 | +$505 (+63.5%) | −$310 (-19.3%) | $1,118 – $1,635 | 19 |
| Studio | $1,250 | +$455 (+57.2%) | −$360 (-22.4%) | $1,169 – $1,300 | 8 |
| 1BR | $925 | −$325 (-26.0%) | −$175 (-15.9%) | $925 – $925 | 1 |
| 1BR | $1,150 | −$100 (-8.0%) | +$50 (+4.5%) | $1,125 – $1,150 | 3 |
| 2BR | $1,975 | +$575 (+41.1%) | +$875 (+79.5%) | $1,825 – $2,000 | 4 |
| 2BR | $1,250 | −$150 (-10.7%) | +$150 (+13.6%) | $1,250 – $1,250 | 1 |
| 3BR | $2,100 | +$275 (+15.1%) | +$300 (+16.7%) | $2,100 – $2,550 | 3 |
| 3BR | $2,550 | +$725 (+39.7%) | +$750 (+41.7%) | $2,325 – $2,775 | 2 |
| 4BR | $2,200 | −$200 (-8.3%) | — | $2,000 – $2,200 | 7 |
| 4BR | $2,000 | −$400 (-16.7%) | — | $2,000 – $2,200 | 5 |
Median, P25, and P75 are asking rents from listings posted in December 2023. Changes compare against the nearest prior month with data.
Belmont Cragin vs. Chicago — December 2023
| Bedrooms | Belmont Cragin Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,300 | $1,218 | +$83 (+6.8%) |
| Studio | $1,250 | $1,218 | +$33 (+2.7%) |
| 1BR | $925 | $1,455 | −$530 (-36.4%) |
| 1BR | $1,150 | $1,455 | −$305 (-21.0%) |
| 2BR | $1,975 | $1,800 | +$175 (+9.7%) |
| 2BR | $1,250 | $1,800 | −$550 (-30.6%) |
| 3BR | $2,100 | $2,472 | −$372 (-15.0%) |
| 3BR | $2,550 | $2,472 | +$78 (+3.2%) |
| 4BR | $2,200 | $2,630 | −$430 (-16.3%) |
| 4BR | $2,000 | $2,630 | −$630 (-24.0%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in December 2023.