Monthly Rent Report
Belmont Cragin Rent Report — October 2024
Asking rents in ZIP 60639, Chicago, from 50 listings.
Median 1BR rent in Belmont Cragin was $900 in October 2024, down 10.0% (−$100) from September 2024 and down 31.0% year-over-year. The middle half of 1BR listings asked between $900 and $900. That puts Belmont Cragin $537 below the Chicago citywide 1BR median of $1,437. The month's figures are based on 50 listings across 11 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2024 | Vs. October 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $600 | −$770 (-56.2%) | −$195 (-24.5%) | $600 – $600 | 3 |
| Studio | $895 | −$475 (-34.7%) | +$100 (+12.6%) | $895 – $895 | 1 |
| 1BR | $900 | −$100 (-10.0%) | −$403 (-31.0%) | $900 – $900 | 1 |
| 1BR | $845 | −$155 (-15.5%) | −$458 (-35.2%) | $704 – $900 | 10 |
| 2BR | $1,600 | +$350 (+28.0%) | +$250 (+18.5%) | $1,600 – $1,600 | 1 |
| 2BR | $1,663 | +$413 (+33.0%) | +$313 (+23.1%) | $1,400 – $1,776 | 16 |
| 3BR | $1,800 | +$300 (+20.0%) | −$300 (-14.3%) | $1,800 – $1,800 | 1 |
| 3BR | $1,800 | +$300 (+20.0%) | −$300 (-14.3%) | $1,538 – $1,800 | 14 |
| 4BR | $2,063 | −$1,537 (-42.7%) | −$687 (-25.0%) | $2,063 – $2,063 | 1 |
| 4BR | $4,500 | +$900 (+25.0%) | +$1,750 (+63.6%) | $4,500 – $4,500 | 1 |
Median, P25, and P75 are asking rents from listings posted in October 2024. Changes compare against the nearest prior month with data.
Belmont Cragin vs. Chicago — October 2024
| Bedrooms | Belmont Cragin Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $600 | $1,298 | −$697 (-53.8%) |
| Studio | $895 | $1,298 | −$402 (-31.0%) |
| 1BR | $900 | $1,437 | −$536 (-37.3%) |
| 1BR | $845 | $1,437 | −$591 (-41.2%) |
| 2BR | $1,600 | $1,770 | −$169 (-9.6%) |
| 2BR | $1,663 | $1,770 | −$107 (-6.0%) |
| 3BR | $1,800 | $2,305 | −$505 (-21.9%) |
| 3BR | $1,800 | $2,305 | −$505 (-21.9%) |
| 4BR | $2,063 | $2,995 | −$932 (-31.1%) |
| 4BR | $4,500 | $2,995 | +$1,505 (+50.3%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in October 2024.