Monthly Rent Report

Clearing Rent Report — January 2022

Asking rents in ZIP 60638, Chicago, from 36 listings.

Median 1BR rent in Clearing was $985 in January 2022, up 3.7% (+$35) from December 2021 and up 19.4% year-over-year. The middle half of 1BR listings asked between $968 and $1,043. That puts Clearing $300 below the Chicago citywide 1BR median of $1,285. The month's figures are based on 36 listings across 4 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. December 2021Vs. January 2021P25–P75 RangeListings
1BR$985+$35 (+3.7%)+$160 (+19.4%)$968 – $1,0433
2BR$1,100−$150 (-12.0%)$0 (0.0%)$1,100 – $1,2133
3BR$1,935$0 (0.0%)+$435 (+29.0%)$1,915 – $2,00029
4BR$2,900+$1,419 (+95.8%)+$1,300 (+81.3%)$2,900 – $2,9001

Median, P25, and P75 are asking rents from listings posted in January 2022. Changes compare against the nearest prior month with data.

Clearing vs. ChicagoJanuary 2022

BedroomsClearing MedianChicago Citywide MedianDifference
1BR$985$1,285−$300 (-23.3%)
2BR$1,100$1,500−$400 (-26.7%)
3BR$1,935$1,975−$40 (-2.0%)
4BR$2,900$2,000+$900 (+45.0%)

Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in January 2022.

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