Monthly Rent Report
Belmont Cragin Rent Report — February 2024
Asking rents in ZIP 60639, Chicago, from 213 listings.
Median 1BR rent in Belmont Cragin was $1,050 in February 2024, down 10.6% (−$125) from January 2024 and down 4.5% year-over-year. The middle half of 1BR listings asked between $1,050 and $1,050. That puts Belmont Cragin $450 below the Chicago citywide 1BR median of $1,500. The month's figures are based on 213 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2024 | Vs. February 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,473 | +$573 (+63.6%) | +$548 (+59.2%) | $1,250 – $1,645 | 4 |
| Studio | $1,100 | +$200 (+22.2%) | +$175 (+18.9%) | $1,100 – $1,100 | 1 |
| 1BR | $1,050 | −$125 (-10.6%) | −$50 (-4.5%) | $1,050 – $1,050 | 1 |
| 1BR | $1,200 | +$25 (+2.1%) | +$100 (+9.1%) | $1,075 – $1,395 | 40 |
| 2BR | $1,460 | +$110 (+8.1%) | +$185 (+14.5%) | $1,300 – $1,800 | 97 |
| 2BR | $1,350 | $0 (0.0%) | +$75 (+5.9%) | $1,350 – $1,350 | 1 |
| 3BR | $1,900 | $0 (0.0%) | +$225 (+13.4%) | $1,750 – $2,100 | 51 |
| 3BR | $1,850 | −$50 (-2.6%) | +$175 (+10.4%) | $1,850 – $1,850 | 3 |
| 4BR | $2,398 | −$152 (-6.0%) | −$177 (-6.9%) | $2,271 – $2,500 | 12 |
| 4BR | $2,400 | −$150 (-5.9%) | −$175 (-6.8%) | $2,400 – $2,400 | 1 |
Median, P25, and P75 are asking rents from listings posted in February 2024. Changes compare against the nearest prior month with data.
Belmont Cragin vs. Chicago — February 2024
| Bedrooms | Belmont Cragin Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,473 | $1,211 | +$261 (+21.6%) |
| Studio | $1,100 | $1,211 | −$111 (-9.2%) |
| 1BR | $1,050 | $1,500 | −$450 (-30.0%) |
| 1BR | $1,200 | $1,500 | −$300 (-20.0%) |
| 2BR | $1,460 | $1,813 | −$352 (-19.4%) |
| 2BR | $1,350 | $1,813 | −$462 (-25.5%) |
| 3BR | $1,900 | $2,300 | −$400 (-17.4%) |
| 3BR | $1,850 | $2,300 | −$450 (-19.6%) |
| 4BR | $2,398 | $2,792 | −$394 (-14.1%) |
| 4BR | $2,400 | $2,792 | −$391 (-14.0%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in February 2024.