Monthly Rent Report
Belmont Cragin Rent Report — August 2024
Asking rents in ZIP 60639, Chicago, from 26 listings.
Median 1BR rent in Belmont Cragin was $1,160 in August 2024, down 10.4% (−$135) from July 2024 and up 16.6% year-over-year. The middle half of 1BR listings asked between $1,160 and $1,160. That puts Belmont Cragin $378 below the Chicago citywide 1BR median of $1,538. The month's figures are based on 26 listings across 6 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2024 | Vs. August 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,695 | +$800 (+89.4%) | +$600 (+54.8%) | $1,150 – $1,795 | 17 |
| 1BR | $1,160 | −$135 (-10.4%) | +$165 (+16.6%) | $1,160 – $1,160 | 1 |
| 2BR | $1,650 | +$155 (+10.4%) | +$375 (+29.4%) | $1,650 – $1,650 | 1 |
| 3BR | $1,800 | −$350 (-16.3%) | +$600 (+50.0%) | $1,800 – $1,800 | 1 |
| 4BR | $3,995 | +$1,495 (+59.8%) | +$1,245 (+45.3%) | $3,995 – $3,995 | 3 |
Median, P25, and P75 are asking rents from listings posted in August 2024. Changes compare against the nearest prior month with data.
Belmont Cragin vs. Chicago — August 2024
| Bedrooms | Belmont Cragin Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,695 | $1,190 | +$505 (+42.4%) |
| 1BR | $1,160 | $1,538 | −$378 (-24.6%) |
| 2BR | $1,650 | $1,823 | −$172 (-9.5%) |
| 3BR | $1,800 | $2,300 | −$500 (-21.7%) |
| 4BR | $3,995 | $2,995 | +$1,000 (+33.4%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in August 2024.