Monthly Rent Report
Clearing Rent Report — August 2021
Asking rents in ZIP 60638, Chicago, from 100 listings.
Median 1BR rent in Clearing was $915 in August 2021, down 8.5% (−$85) from July 2021 and up 2.2% year-over-year. The middle half of 1BR listings asked between $915 and $958. That puts Clearing $283 below the Chicago citywide 1BR median of $1,198. The month's figures are based on 100 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2021 | Vs. August 2020 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $915 | −$85 (-8.5%) | +$20 (+2.2%) | $915 – $958 | 3 |
| 1BR | $1,000 | $0 (0.0%) | +$105 (+11.7%) | $1,000 – $1,000 | 1 |
| 2BR | $1,300 | +$150 (+13.0%) | +$100 (+8.3%) | $1,200 – $1,500 | 5 |
| 2BR | $1,200 | +$50 (+4.3%) | $0 (0.0%) | $1,200 – $1,425 | 3 |
| 3BR | $2,073 | +$138 (+7.1%) | +$628 (+43.4%) | $1,935 – $2,145 | 30 |
| 3BR | $1,899 | −$36 (-1.9%) | +$454 (+31.4%) | $1,899 – $1,899 | 3 |
| 4BR | $3,200 | +$1,200 (+60.0%) | +$1,450 (+82.9%) | $3,200 – $3,200 | 1 |
| 4BR | $2,000 | $0 (0.0%) | +$250 (+14.3%) | $1,945 – $2,015 | 54 |
Median, P25, and P75 are asking rents from listings posted in August 2021. Changes compare against the nearest prior month with data.
Clearing vs. Chicago — August 2021
| Bedrooms | Clearing Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 1BR | $915 | $1,198 | −$282 (-23.6%) |
| 1BR | $1,000 | $1,198 | −$197 (-16.5%) |
| 2BR | $1,300 | $1,498 | −$197 (-13.2%) |
| 2BR | $1,200 | $1,498 | −$297 (-19.9%) |
| 3BR | $2,073 | $2,000 | +$73 (+3.6%) |
| 3BR | $1,899 | $2,000 | −$101 (-5.1%) |
| 4BR | $3,200 | $2,395 | +$805 (+33.6%) |
| 4BR | $2,000 | $2,395 | −$395 (-16.5%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in August 2021.