Monthly Rent Report
Belmont Cragin Rent Report — July 2024
Asking rents in ZIP 60639, Chicago, from 61 listings.
Median 1BR rent in Belmont Cragin was $1,295 in July 2024, up 8.4% (+$100) from June 2024 and up 23.3% year-over-year. The middle half of 1BR listings asked between $1,194 and $1,425. That puts Belmont Cragin $265 below the Chicago citywide 1BR median of $1,560. The month's figures are based on 61 listings across 11 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2024 | Vs. July 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,100 | +$50 (+4.8%) | −$100 (-8.3%) | $950 – $1,645 | 7 |
| Studio | $895 | −$155 (-14.8%) | −$305 (-25.4%) | $895 – $895 | 1 |
| 1BR | $1,295 | +$100 (+8.4%) | +$245 (+23.3%) | $1,194 – $1,425 | 20 |
| 1BR | $925 | −$270 (-22.6%) | −$125 (-11.9%) | $925 – $925 | 1 |
| 2BR | $1,495 | −$230 (-13.3%) | +$170 (+12.8%) | $1,495 – $1,495 | 1 |
| 2BR | $1,650 | −$75 (-4.3%) | +$325 (+24.5%) | $1,650 – $1,650 | 2 |
| 3BR | $1,600 | −$175 (-9.9%) | −$445 (-21.8%) | $1,538 – $2,000 | 24 |
| 3BR | $2,150 | +$375 (+21.1%) | +$105 (+5.1%) | $2,150 – $2,150 | 1 |
| 4BR | $2,500 | +$300 (+13.6%) | −$325 (-11.5%) | $2,500 – $2,500 | 1 |
Median, P25, and P75 are asking rents from listings posted in July 2024. Changes compare against the nearest prior month with data.
Belmont Cragin vs. Chicago — July 2024
| Bedrooms | Belmont Cragin Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,100 | $1,218 | −$118 (-9.7%) |
| Studio | $895 | $1,218 | −$323 (-26.5%) |
| 1BR | $1,295 | $1,560 | −$265 (-17.0%) |
| 1BR | $925 | $1,560 | −$635 (-40.7%) |
| 2BR | $1,495 | $1,805 | −$310 (-17.2%) |
| 2BR | $1,650 | $1,805 | −$155 (-8.6%) |
| 3BR | $1,600 | $2,363 | −$762 (-32.3%) |
| 3BR | $2,150 | $2,363 | −$212 (-9.0%) |
| 4BR | $2,500 | $2,789 | −$289 (-10.4%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in July 2024.