Monthly Rent Report
Clearing Rent Report — February 2021
Asking rents in ZIP 60638, Chicago, from 58 listings.
Median 1BR rent in Clearing was $950 in February 2021, up 15.2% (+$125) from January 2021 and down 0.3% year-over-year. The middle half of 1BR listings asked between $950 and $950. That puts Clearing $248 below the Chicago citywide 1BR median of $1,198. The month's figures are based on 58 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2021 | Vs. February 2020 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $950 | +$125 (+15.2%) | −$2 (-0.3%) | $950 – $950 | 1 |
| 1BR | $500 | −$325 (-39.4%) | −$452 (-47.5%) | $500 – $825 | 3 |
| 2BR | $1,138 | +$38 (+3.4%) | +$138 (+13.8%) | $1,050 – $1,428 | 6 |
| 2BR | $1,050 | −$50 (-4.5%) | +$50 (+5.0%) | $1,050 – $1,050 | 1 |
| 3BR | $1,400 | −$100 (-6.7%) | −$1,000 (-41.7%) | $1,325 – $1,400 | 5 |
| 3BR | $1,325 | −$175 (-11.7%) | −$1,075 (-44.8%) | $1,325 – $1,325 | 1 |
| 4BR | $2,000 | +$400 (+25.0%) | — | $1,945 – $2,015 | 37 |
| 4BR | $2,000 | +$400 (+25.0%) | — | $2,000 – $2,000 | 1 |
Median, P25, and P75 are asking rents from listings posted in February 2021. Changes compare against the nearest prior month with data.
Clearing vs. Chicago — February 2021
| Bedrooms | Clearing Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 1BR | $950 | $1,198 | −$248 (-20.7%) |
| 1BR | $500 | $1,198 | −$698 (-58.3%) |
| 2BR | $1,138 | $1,411 | −$274 (-19.4%) |
| 2BR | $1,050 | $1,411 | −$361 (-25.6%) |
| 3BR | $1,400 | $1,785 | −$385 (-21.6%) |
| 3BR | $1,325 | $1,785 | −$460 (-25.8%) |
| 4BR | $2,000 | $2,250 | −$250 (-11.1%) |
| 4BR | $2,000 | $2,250 | −$250 (-11.1%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in February 2021.