Monthly Rent Report
Belmont Cragin Rent Report — January 2024
Asking rents in ZIP 60639, Chicago, from 132 listings.
Median 1BR rent in Belmont Cragin was $1,305 in January 2024, up 13.5% (+$155) from December 2023 and up 33.8% year-over-year. The middle half of 1BR listings asked between $1,150 and $1,600. That puts Belmont Cragin $212 below the Chicago citywide 1BR median of $1,517. The month's figures are based on 132 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2023 | Vs. January 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $900 | −$350 (-28.0%) | −$75 (-7.7%) | $900 – $900 | 1 |
| Studio | $1,645 | +$395 (+31.6%) | +$670 (+68.7%) | $1,150 – $1,645 | 7 |
| 1BR | $1,305 | +$155 (+13.5%) | +$330 (+33.8%) | $1,150 – $1,600 | 26 |
| 1BR | $1,175 | +$25 (+2.2%) | +$200 (+20.5%) | $1,163 – $1,188 | 2 |
| 2BR | $1,350 | −$625 (-31.6%) | +$135 (+11.1%) | $1,350 – $1,350 | 1 |
| 2BR | $1,375 | −$600 (-30.4%) | +$160 (+13.2%) | $1,250 – $1,600 | 50 |
| 3BR | $1,900 | −$650 (-25.5%) | +$300 (+18.8%) | $1,700 – $2,050 | 23 |
| 3BR | $2,225 | −$325 (-12.7%) | +$625 (+39.1%) | $2,113 – $2,338 | 2 |
| 4BR | $2,550 | +$550 (+27.5%) | −$25 (-1.0%) | $2,275 – $2,671 | 14 |
| 4BR | $2,695 | +$695 (+34.8%) | +$120 (+4.7%) | $2,695 – $2,695 | 1 |
Median, P25, and P75 are asking rents from listings posted in January 2024. Changes compare against the nearest prior month with data.
Belmont Cragin vs. Chicago — January 2024
| Bedrooms | Belmont Cragin Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $900 | $1,225 | −$325 (-26.5%) |
| Studio | $1,645 | $1,225 | +$420 (+34.3%) |
| 1BR | $1,305 | $1,517 | −$212 (-14.0%) |
| 1BR | $1,175 | $1,517 | −$342 (-22.5%) |
| 2BR | $1,350 | $1,800 | −$450 (-25.0%) |
| 2BR | $1,375 | $1,800 | −$425 (-23.6%) |
| 3BR | $1,900 | $2,300 | −$400 (-17.4%) |
| 3BR | $2,225 | $2,300 | −$75 (-3.3%) |
| 4BR | $2,550 | $2,792 | −$241 (-8.7%) |
| 4BR | $2,695 | $2,792 | −$96 (-3.5%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in January 2024.