Monthly Rent Report
Clearing Rent Report — August 2020
Asking rents in ZIP 60638, Chicago, from 26 listings.
Median 1BR rent in Clearing was $895 in August 2020, up 5.3% (+$45) from July 2020. The middle half of 1BR listings asked between $860 and $898. That puts Clearing $348 below the Chicago citywide 1BR median of $1,243. The month's figures are based on 26 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2020 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $895 | +$45 (+5.3%) | — | $860 – $898 | 3 |
| 1BR | $895 | +$45 (+5.3%) | — | $860 – $898 | 3 |
| 2BR | $1,200 | −$37 (-3.0%) | — | $1,200 – $1,225 | 5 |
| 2BR | $1,200 | −$37 (-3.0%) | — | $1,200 – $1,225 | 5 |
| 3BR | $1,445 | −$395 (-21.5%) | — | $1,381 – $1,693 | 4 |
| 3BR | $1,445 | −$395 (-21.5%) | — | $1,381 – $1,693 | 4 |
| 4BR | $1,750 | — | — | $1,750 – $1,750 | 1 |
| 4BR | $1,750 | — | — | $1,750 – $1,750 | 1 |
Median, P25, and P75 are asking rents from listings posted in August 2020. Changes compare against the nearest prior month with data.
Clearing vs. Chicago — August 2020
| Bedrooms | Clearing Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 1BR | $895 | $1,243 | −$347 (-28.0%) |
| 1BR | $895 | $1,243 | −$347 (-28.0%) |
| 2BR | $1,200 | $1,590 | −$390 (-24.5%) |
| 2BR | $1,200 | $1,590 | −$390 (-24.5%) |
| 3BR | $1,445 | $1,800 | −$355 (-19.7%) |
| 3BR | $1,445 | $1,800 | −$355 (-19.7%) |
| 4BR | $1,750 | $2,323 | −$572 (-24.7%) |
| 4BR | $1,750 | $2,323 | −$572 (-24.7%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in August 2020.