Monthly Rent Report

Clearing Rent Report — July 2021

Asking rents in ZIP 60638, Chicago, from 173 listings.

Median 1BR rent in Clearing was $1,000 in July 2021, up 25.0% (+$200) from June 2021 and up 17.6% year-over-year. The middle half of 1BR listings asked between $1,000 and $1,000. That puts Clearing $195 below the Chicago citywide 1BR median of $1,195. The month's figures are based on 173 listings across 9 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. June 2021Vs. July 2020P25–P75 RangeListings
1BR$1,000+$200 (+25.0%)+$150 (+17.6%)$1,000 – $1,0001
1BR$963+$163 (+20.3%)+$113 (+13.2%)$936 – $9754
2BR$1,150−$25 (-2.1%)−$87 (-7.1%)$1,150 – $1,1501
2BR$1,150−$25 (-2.1%)−$87 (-7.1%)$1,150 – $1,1501
3BR$1,935+$460 (+31.2%)+$95 (+5.2%)$1,935 – $2,14547
3BR$2,400+$925 (+62.7%)+$560 (+30.4%)$2,400 – $2,4002
4BR$2,000$0 (0.0%)$1,945 – $2,01559
4BR$2,000$0 (0.0%)$1,945 – $2,01557

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

Clearing vs. ChicagoJuly 2021

BedroomsClearing MedianChicago Citywide MedianDifference
1BR$1,000$1,195−$195 (-16.3%)
1BR$963$1,195−$232 (-19.5%)
2BR$1,150$1,498−$347 (-23.2%)
2BR$1,150$1,498−$347 (-23.2%)
3BR$1,935$1,943−$7 (-0.4%)
3BR$2,400$1,943+$458 (+23.6%)
4BR$2,000$2,350−$350 (-14.9%)
4BR$2,000$2,350−$350 (-14.9%)

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

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