Monthly Rent Report
Belmont Cragin Rent Report — September 2024
Asking rents in ZIP 60639, Chicago, from 43 listings.
Median 1BR rent in Belmont Cragin was $1,000 in September 2024, down 13.8% (−$160) from August 2024 and down 18.4% year-over-year. The middle half of 1BR listings asked between $1,000 and $1,000. That puts Belmont Cragin $495 below the Chicago citywide 1BR median of $1,495. The month's figures are based on 43 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2024 | Vs. September 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,370 | −$325 (-19.2%) | +$575 (+72.3%) | $1,300 – $1,795 | 21 |
| 1BR | $1,000 | −$160 (-13.8%) | −$225 (-18.4%) | $1,000 – $1,000 | 1 |
| 2BR | $1,725 | +$75 (+4.5%) | +$350 (+25.5%) | $1,725 – $1,725 | 6 |
| 2BR | $1,250 | −$400 (-24.2%) | −$125 (-9.1%) | $1,250 – $1,250 | 1 |
| 3BR | $1,500 | −$300 (-16.7%) | −$250 (-14.3%) | $1,500 – $1,663 | 4 |
| 3BR | $1,500 | −$300 (-16.7%) | −$250 (-14.3%) | $1,500 – $1,500 | 1 |
| 4BR | $3,600 | −$395 (-9.9%) | +$1,250 (+53.2%) | $3,600 – $3,600 | 1 |
Median, P25, and P75 are asking rents from listings posted in September 2024. Changes compare against the nearest prior month with data.
Belmont Cragin vs. Chicago — September 2024
| Bedrooms | Belmont Cragin Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,370 | $1,195 | +$175 (+14.6%) |
| 1BR | $1,000 | $1,495 | −$495 (-33.1%) |
| 2BR | $1,725 | $1,843 | −$117 (-6.4%) |
| 2BR | $1,250 | $1,843 | −$592 (-32.2%) |
| 3BR | $1,500 | $2,350 | −$850 (-36.2%) |
| 3BR | $1,500 | $2,350 | −$850 (-36.2%) |
| 4BR | $3,600 | $2,750 | +$850 (+30.9%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in September 2024.