Monthly Rent Report
Belmont Cragin Rent Report — April 2024
Asking rents in ZIP 60639, Chicago, from 281 listings.
Median 1BR rent in Belmont Cragin was $1,675 in April 2024, up 91.4% (+$800) from March 2024 and up 59.5% year-over-year. The middle half of 1BR listings asked between $1,675 and $1,675. That puts Belmont Cragin $175 above the Chicago citywide 1BR median of $1,500. The month's figures are based on 281 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. March 2024 | Vs. April 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $975 | −$325 (-25.0%) | −$225 (-18.8%) | $900 – $1,200 | 23 |
| Studio | $850 | −$450 (-34.6%) | −$350 (-29.2%) | $850 – $850 | 1 |
| 1BR | $1,675 | +$800 (+91.4%) | +$625 (+59.5%) | $1,675 – $1,675 | 1 |
| 1BR | $1,295 | +$420 (+48.0%) | +$245 (+23.3%) | $1,150 – $1,395 | 69 |
| 2BR | $1,588 | −$50 (-3.1%) | +$125 (+8.5%) | $1,544 – $1,631 | 2 |
| 2BR | $1,500 | −$137 (-8.4%) | +$38 (+2.6%) | $1,400 – $1,800 | 112 |
| 3BR | $1,550 | −$372 (-19.4%) | +$50 (+3.3%) | $1,550 – $1,550 | 1 |
| 3BR | $2,100 | +$178 (+9.2%) | +$600 (+40.0%) | $1,675 – $2,400 | 50 |
| 4BR | $1,995 | −$200 (-9.1%) | −$280 (-12.3%) | $1,995 – $1,995 | 2 |
| 4BR | $2,200 | +$5 (+0.2%) | −$75 (-3.3%) | $2,200 – $2,600 | 11 |
Median, P25, and P75 are asking rents from listings posted in April 2024. Changes compare against the nearest prior month with data.
Belmont Cragin vs. Chicago — April 2024
| Bedrooms | Belmont Cragin Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $975 | $1,222 | −$247 (-20.2%) |
| Studio | $850 | $1,222 | −$372 (-30.4%) |
| 1BR | $1,675 | $1,500 | +$175 (+11.7%) |
| 1BR | $1,295 | $1,500 | −$205 (-13.7%) |
| 2BR | $1,588 | $1,850 | −$262 (-14.2%) |
| 2BR | $1,500 | $1,850 | −$350 (-18.9%) |
| 3BR | $1,550 | $2,300 | −$750 (-32.6%) |
| 3BR | $2,100 | $2,300 | −$200 (-8.7%) |
| 4BR | $1,995 | $2,800 | −$805 (-28.7%) |
| 4BR | $2,200 | $2,800 | −$600 (-21.4%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in April 2024.