Monthly Rent Report
Clearing Rent Report — July 2020
Asking rents in ZIP 60638, Chicago, from 52 listings.
Median 1BR rent in Clearing was $850 in July 2020, up 0.7% (+$6) from June 2020. The middle half of 1BR listings asked between $850 and $873. That puts Clearing $343 below the Chicago citywide 1BR median of $1,193. The month's figures are based on 52 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2020 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $850 | — | — | $850 – $850 | 1 |
| Studio | $850 | — | — | $850 – $850 | 1 |
| 1BR | $850 | +$6 (+0.7%) | — | $850 – $873 | 3 |
| 1BR | $850 | +$6 (+0.7%) | — | $850 – $873 | 3 |
| 2BR | $1,238 | $0 (0.0%) | — | $1,175 – $1,350 | 16 |
| 2BR | $1,238 | $0 (0.0%) | — | $1,175 – $1,350 | 16 |
| 3BR | $1,840 | −$60 (-3.2%) | — | $1,463 – $2,195 | 6 |
| 3BR | $1,840 | −$60 (-3.2%) | — | $1,463 – $2,195 | 6 |
Median, P25, and P75 are asking rents from listings posted in July 2020. Changes compare against the nearest prior month with data.
Clearing vs. Chicago — July 2020
| Bedrooms | Clearing Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $850 | $979 | −$129 (-13.2%) |
| Studio | $850 | $979 | −$129 (-13.2%) |
| 1BR | $850 | $1,193 | −$342 (-28.7%) |
| 1BR | $850 | $1,193 | −$342 (-28.7%) |
| 2BR | $1,238 | $1,529 | −$291 (-19.1%) |
| 2BR | $1,238 | $1,529 | −$291 (-19.1%) |
| 3BR | $1,840 | $1,818 | +$23 (+1.2%) |
| 3BR | $1,840 | $1,818 | +$23 (+1.2%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in July 2020.