Monthly Rent Report

Clearing Rent Report — September 2020

Asking rents in ZIP 60638, Chicago, from 32 listings.

Median 1BR rent in Clearing was $825 in September 2020, down 7.8% (−$70) from August 2020. The middle half of 1BR listings asked between $825 and $825. That puts Clearing $373 below the Chicago citywide 1BR median of $1,198. The month's figures are based on 32 listings across 8 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. August 2020Vs. Year AgoP25–P75 RangeListings
Studio$800$800 – $8001
Studio$800$800 – $8001
1BR$825−$70 (-7.8%)$825 – $8252
1BR$825−$70 (-7.8%)$825 – $8252
2BR$1,175−$25 (-2.1%)$1,050 – $1,28811
2BR$1,175−$25 (-2.1%)$1,050 – $1,28811
3BR$1,475+$30 (+2.1%)$1,438 – $1,5132
3BR$1,475+$30 (+2.1%)$1,438 – $1,5132

Median, P25, and P75 are asking rents from listings posted in September 2020. Changes compare against the nearest prior month with data.

Clearing vs. ChicagoSeptember 2020

BedroomsClearing MedianChicago Citywide MedianDifference
Studio$800$980−$180 (-18.4%)
Studio$800$980−$180 (-18.4%)
1BR$825$1,198−$372 (-31.1%)
1BR$825$1,198−$372 (-31.1%)
2BR$1,175$1,475−$300 (-20.3%)
2BR$1,175$1,475−$300 (-20.3%)
3BR$1,475$1,699−$224 (-13.2%)
3BR$1,475$1,699−$224 (-13.2%)

Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in September 2020.

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