Monthly Rent Report
Clearing Rent Report — February 2022
Asking rents in ZIP 60638, Chicago, from 49 listings.
Median 1BR rent in Clearing was $895 in February 2022, down 9.1% (−$90) from January 2022 and up 79.0% year-over-year. The middle half of 1BR listings asked between $895 and $910. That puts Clearing $355 below the Chicago citywide 1BR median of $1,250. The month's figures are based on 49 listings across 4 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2022 | Vs. February 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $895 | −$90 (-9.1%) | +$395 (+79.0%) | $895 – $910 | 7 |
| 2BR | $1,100 | $0 (0.0%) | −$37 (-3.3%) | $1,094 – $1,138 | 4 |
| 3BR | $1,800 | −$135 (-7.0%) | +$475 (+35.8%) | $1,800 – $1,800 | 1 |
| 4BR | $2,000 | −$900 (-31.0%) | $0 (0.0%) | $1,945 – $2,015 | 37 |
Median, P25, and P75 are asking rents from listings posted in February 2022. Changes compare against the nearest prior month with data.
Clearing vs. Chicago — February 2022
| Bedrooms | Clearing Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 1BR | $895 | $1,250 | −$355 (-28.4%) |
| 2BR | $1,100 | $1,600 | −$500 (-31.3%) |
| 3BR | $1,800 | $1,795 | +$5 (+0.3%) |
| 4BR | $2,000 | $2,218 | −$217 (-9.8%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in February 2022.