Monthly Rent Report
Clearing Rent Report — March 2022
Asking rents in ZIP 60638, Chicago, from 20 listings.
Median 1BR rent in Clearing was $938 in March 2022, up 4.7% (+$43) from February 2022 and down 7.4% year-over-year. The middle half of 1BR listings asked between $819 and $1,056. That puts Clearing $293 below the Chicago citywide 1BR median of $1,230. The month's figures are based on 20 listings across 4 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2022 | Vs. March 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $938 | +$43 (+4.7%) | −$75 (-7.4%) | $819 – $1,056 | 2 |
| 2BR | $1,300 | +$200 (+18.2%) | +$250 (+23.8%) | $1,300 – $1,300 | 1 |
| 3BR | $2,000 | +$200 (+11.1%) | +$65 (+3.4%) | $1,925 – $2,000 | 11 |
| 4BR | $2,000 | $0 (0.0%) | −$15 (-0.7%) | $1,959 – $2,011 | 6 |
Median, P25, and P75 are asking rents from listings posted in March 2022. Changes compare against the nearest prior month with data.
Clearing vs. Chicago — March 2022
| Bedrooms | Clearing Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 1BR | $938 | $1,230 | −$292 (-23.8%) |
| 2BR | $1,300 | $1,473 | −$172 (-11.7%) |
| 3BR | $2,000 | $1,950 | +$50 (+2.6%) |
| 4BR | $2,000 | $2,300 | −$300 (-13.0%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in March 2022.