Monthly Rent Report
Clearing Rent Report — March 2021
Asking rents in ZIP 60638, Chicago, from 163 listings.
Median 1BR rent in Clearing was $1,013 in March 2021, up 6.6% (+$63) from February 2021 and up 21.0% year-over-year. The middle half of 1BR listings asked between $931 and $1,094. That puts Clearing $200 below the Chicago citywide 1BR median of $1,213. The month's figures are based on 163 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2021 | Vs. March 2020 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,013 | +$63 (+6.6%) | +$176 (+21.0%) | $931 – $1,094 | 2 |
| 1BR | $895 | −$55 (-5.8%) | +$58 (+6.9%) | $895 – $895 | 1 |
| 2BR | $1,050 | −$87 (-7.7%) | −$37 (-3.4%) | $988 – $1,195 | 7 |
| 2BR | $1,050 | −$87 (-7.7%) | −$37 (-3.4%) | $988 – $1,195 | 7 |
| 3BR | $1,935 | +$610 (+46.0%) | +$260 (+15.5%) | $1,935 – $2,195 | 42 |
| 3BR | $1,935 | +$610 (+46.0%) | +$260 (+15.5%) | $1,935 – $2,195 | 36 |
| 4BR | $2,015 | +$15 (+0.8%) | +$3 (+0.1%) | $1,945 – $2,015 | 31 |
| 4BR | $2,015 | +$15 (+0.8%) | +$3 (+0.1%) | $1,945 – $2,015 | 37 |
Median, P25, and P75 are asking rents from listings posted in March 2021. Changes compare against the nearest prior month with data.
Clearing vs. Chicago — March 2021
| Bedrooms | Clearing Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,013 | $1,213 | −$200 (-16.5%) |
| 1BR | $895 | $1,213 | −$317 (-26.2%) |
| 2BR | $1,050 | $1,545 | −$495 (-32.0%) |
| 2BR | $1,050 | $1,545 | −$495 (-32.0%) |
| 3BR | $1,935 | $1,945 | −$10 (-0.5%) |
| 3BR | $1,935 | $1,945 | −$10 (-0.5%) |
| 4BR | $2,015 | $2,300 | −$285 (-12.4%) |
| 4BR | $2,015 | $2,300 | −$285 (-12.4%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in March 2021.