Monthly Rent Report
Clearing Rent Report — December 2021
Asking rents in ZIP 60638, Chicago, from 74 listings.
Median 1BR rent in Clearing was $950 in December 2021, flat versus November 2021 and down 22.4% year-over-year. The middle half of 1BR listings asked between $900 and $950. That puts Clearing $250 below the Chicago citywide 1BR median of $1,200. The month's figures are based on 74 listings across 5 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2021 | Vs. December 2020 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $750 | $0 (0.0%) | — | $750 – $750 | 1 |
| 1BR | $950 | $0 (0.0%) | −$275 (-22.4%) | $900 – $950 | 5 |
| 2BR | $1,250 | −$700 (-35.9%) | +$100 (+8.7%) | $1,250 – $1,250 | 1 |
| 3BR | $1,935 | −$65 (-3.3%) | +$610 (+46.0%) | $1,915 – $2,000 | 66 |
| 4BR | $1,481 | −$519 (-25.9%) | −$464 (-23.9%) | $1,481 – $1,481 | 1 |
Median, P25, and P75 are asking rents from listings posted in December 2021. Changes compare against the nearest prior month with data.
Clearing vs. Chicago — December 2021
| Bedrooms | Clearing Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $750 | $975 | −$225 (-23.1%) |
| 1BR | $950 | $1,200 | −$250 (-20.8%) |
| 2BR | $1,250 | $1,500 | −$250 (-16.7%) |
| 3BR | $1,935 | $1,800 | +$135 (+7.5%) |
| 4BR | $1,481 | $1,944 | −$462 (-23.8%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in December 2021.