Monthly Rent Report

Clearing Rent Report — May 2021

Asking rents in ZIP 60638, Chicago, from 194 listings.

Median 4BR rent in Clearing was $2,000 in May 2021, flat versus April 2021. The middle half of 4BR listings asked between $1,945 and $2,015. That puts Clearing $245 below the Chicago citywide 4BR median of $2,245. The month's figures are based on 194 listings across 6 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. April 2021Vs. May 2020P25–P75 RangeListings
2BR$1,100−$150 (-12.0%)−$100 (-8.3%)$1,100 – $1,1002
2BR$1,100−$150 (-12.0%)−$100 (-8.3%)$1,100 – $1,1002
3BR$1,899−$36 (-1.9%)+$187 (+10.9%)$1,899 – $1,8991
3BR$1,935$0 (0.0%)+$223 (+13.0%)$1,935 – $2,19552
4BR$2,000$0 (0.0%)$1,945 – $2,01567
4BR$2,000$0 (0.0%)$1,945 – $2,01570

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

Clearing vs. ChicagoMay 2021

BedroomsClearing MedianChicago Citywide MedianDifference
2BR$1,100$1,521−$421 (-27.7%)
2BR$1,100$1,521−$421 (-27.7%)
3BR$1,899$1,950−$51 (-2.6%)
3BR$1,935$1,950−$15 (-0.8%)
4BR$2,000$2,245−$245 (-10.9%)
4BR$2,000$2,245−$245 (-10.9%)

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

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