Monthly Rent Report

Belmont Cragin Rent Report — June 2024

Asking rents in ZIP 60639, Chicago, from 369 listings.

Median 1BR rent in Belmont Cragin was $1,300 in June 2024, up 4.0% (+$50) from May 2024 and up 13.0% year-over-year. The middle half of 1BR listings asked between $1,075 and $1,425. That puts Belmont Cragin $199 below the Chicago citywide 1BR median of $1,499. The month's figures are based on 369 listings across 12 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. May 2024Vs. June 2023P25–P75 RangeListings
Studio$1,000+$20 (+2.0%)+$75 (+8.1%)$950 – $1,56322
Studio$1,050+$70 (+7.1%)+$125 (+13.5%)$950 – $1,65011
1BR$1,300+$50 (+4.0%)+$150 (+13.0%)$1,075 – $1,42577
1BR$1,195−$55 (-4.4%)+$45 (+3.9%)$1,093 – $1,2982
2BR$1,650+$50 (+3.1%)+$250 (+17.9%)$1,500 – $1,799146
2BR$1,725+$125 (+7.8%)+$325 (+23.2%)$1,725 – $1,7251
3BR$1,775−$575 (-24.5%)−$725 (-29.0%)$1,775 – $1,7751
3BR$1,900−$450 (-19.1%)−$600 (-24.0%)$1,695 – $2,50085
4BR$2,200−$400 (-15.4%)+$400 (+22.2%)$2,200 – $2,2001
4BR$2,423−$177 (-6.8%)+$623 (+34.6%)$2,100 – $3,50020

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

Belmont Cragin vs. ChicagoJune 2024

BedroomsBelmont Cragin MedianChicago Citywide MedianDifference
Studio$1,000$1,149−$149 (-13.0%)
Studio$1,050$1,149−$99 (-8.6%)
1BR$1,300$1,499−$199 (-13.3%)
1BR$1,195$1,499−$304 (-20.3%)
2BR$1,650$1,899−$249 (-13.1%)
2BR$1,725$1,899−$174 (-9.2%)
3BR$1,775$2,395−$620 (-25.9%)
3BR$1,900$2,395−$495 (-20.7%)
4BR$2,200$2,698−$497 (-18.4%)
4BR$2,423$2,698−$275 (-10.2%)

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

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