Monthly Rent Report

Clearing Rent Report — September 2021

Asking rents in ZIP 60638, Chicago, from 85 listings.

Median 1BR rent in Clearing was $950 in September 2021, up 3.8% (+$35) from August 2021 and up 15.2% year-over-year. The middle half of 1BR listings asked between $950 and $950. That puts Clearing $257 below the Chicago citywide 1BR median of $1,207. The month's figures are based on 85 listings across 10 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. August 2021Vs. September 2020P25–P75 RangeListings
Studio$800$0 (0.0%)$800 – $8001
Studio$805+$5 (+0.6%)$805 – $8051
1BR$950+$35 (+3.8%)+$125 (+15.2%)$950 – $9502
1BR$1,050+$135 (+14.8%)+$225 (+27.3%)$988 – $1,0503
2BR$1,275−$25 (-1.9%)+$100 (+8.5%)$1,275 – $1,2751
2BR$1,238−$62 (-4.8%)+$63 (+5.3%)$1,163 – $1,2814
3BR$2,500+$601 (+31.6%)+$1,025 (+69.5%)$2,250 – $2,5003
3BR$1,935+$36 (+1.9%)+$460 (+31.2%)$1,930 – $2,14536
4BR$2,000$0 (0.0%)$1,945 – $2,01533
4BR$1,481−$519 (-25.9%)$1,481 – $1,4811

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

Clearing vs. ChicagoSeptember 2021

BedroomsClearing MedianChicago Citywide MedianDifference
Studio$800$998−$197 (-19.8%)
Studio$805$998−$192 (-19.3%)
1BR$950$1,207−$257 (-21.3%)
1BR$1,050$1,207−$157 (-13.0%)
2BR$1,275$1,520−$245 (-16.1%)
2BR$1,238$1,520−$282 (-18.6%)
3BR$2,500$1,900+$600 (+31.6%)
3BR$1,935$1,900+$35 (+1.8%)
4BR$2,000$2,075−$75 (-3.6%)
4BR$1,481$2,075−$594 (-28.6%)

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

Advertisement