Monthly Rent Report

Clearing Rent Report — April 2021

Asking rents in ZIP 60638, Chicago, from 199 listings.

Median 1BR rent in Clearing was $938 in April 2021, up 4.7% (+$43) from March 2021 and down 44.7% year-over-year. The middle half of 1BR listings asked between $913 and $1,006. That puts Clearing $313 below the Chicago citywide 1BR median of $1,250. The month's figures are based on 199 listings across 8 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. March 2021Vs. April 2020P25–P75 RangeListings
1BR$938+$43 (+4.7%)−$757 (-44.7%)$913 – $1,0064
1BR$938+$43 (+4.7%)−$757 (-44.7%)$913 – $1,0064
2BR$1,250+$200 (+19.0%)+$163 (+14.9%)$1,125 – $1,3752
2BR$1,425+$375 (+35.7%)+$338 (+31.0%)$1,425 – $1,4251
3BR$1,935$0 (0.0%)−$62 (-3.1%)$1,935 – $2,19542
3BR$1,935$0 (0.0%)−$62 (-3.1%)$1,935 – $2,19542
4BR$2,000−$15 (-0.7%)−$100 (-4.8%)$1,945 – $2,01552
4BR$2,000−$15 (-0.7%)−$100 (-4.8%)$1,945 – $2,01552

Median, P25, and P75 are asking rents from listings posted in April 2021. Changes compare against the nearest prior month with data.

Clearing vs. ChicagoApril 2021

BedroomsClearing MedianChicago Citywide MedianDifference
1BR$938$1,250−$312 (-25.0%)
1BR$938$1,250−$312 (-25.0%)
2BR$1,250$1,510−$260 (-17.2%)
2BR$1,425$1,510−$85 (-5.6%)
3BR$1,935$1,935$0 (0.0%)
3BR$1,935$1,935$0 (0.0%)
4BR$2,000$2,100−$100 (-4.8%)
4BR$2,000$2,100−$100 (-4.8%)

Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in April 2021.

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