Monthly Rent Report

Belmont Cragin Rent Report — March 2024

Asking rents in ZIP 60639, Chicago, from 167 listings.

Median 1BR rent in Belmont Cragin was $875 in March 2024, down 27.1% (−$325) from February 2024 and down 45.3% year-over-year. The middle half of 1BR listings asked between $875 and $875. That puts Belmont Cragin $630 below the Chicago citywide 1BR median of $1,505. The month's figures are based on 167 listings across 12 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. February 2024Vs. March 2023P25–P75 RangeListings
Studio$850−$622 (-42.3%)+$100 (+13.3%)$850 – $8501
Studio$1,300−$172 (-11.7%)+$550 (+73.3%)$1,125 – $1,64811
1BR$875−$325 (-27.1%)−$725 (-45.3%)$875 – $8751
1BR$1,285+$85 (+7.1%)−$315 (-19.7%)$1,150 – $1,39134
2BR$1,900+$550 (+40.7%)+$325 (+20.6%)$1,900 – $1,9001
2BR$1,638+$288 (+21.3%)+$63 (+4.0%)$1,400 – $1,81368
3BR$1,923+$23 (+1.2%)+$73 (+3.9%)$1,709 – $2,1362
3BR$2,200+$300 (+15.8%)+$350 (+18.9%)$1,850 – $2,49529
4BR$2,700+$300 (+12.5%)$2,100 – $3,90017
4BR$2,195−$205 (-8.5%)$2,195 – $2,1951

Median, P25, and P75 are asking rents from listings posted in March 2024. Changes compare against the nearest prior month with data.

Belmont Cragin vs. ChicagoMarch 2024

BedroomsBelmont Cragin MedianChicago Citywide MedianDifference
Studio$850$1,225−$375 (-30.6%)
Studio$1,300$1,225+$75 (+6.1%)
1BR$875$1,505−$629 (-41.8%)
1BR$1,285$1,505−$219 (-14.6%)
2BR$1,900$1,900$0 (0.0%)
2BR$1,638$1,900−$262 (-13.8%)
3BR$1,923$2,250−$327 (-14.6%)
3BR$2,200$2,250−$50 (-2.2%)
4BR$2,700$2,650+$50 (+1.9%)
4BR$2,195$2,650−$455 (-17.2%)

Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in March 2024.

Advertisement