Monthly Rent Report
Clearing Rent Report — May 2022
Asking rents in ZIP 60638, Chicago, from 6 listings.
Median 1BR rent in Clearing was $1,200 in May 2022, up 4.3% (+$50) from April 2022. The middle half of 1BR listings asked between $1,200 and $1,200. That puts Clearing $98 below the Chicago citywide 1BR median of $1,298. The month's figures are based on 6 listings across 5 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2022 | Vs. May 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,200 | +$50 (+4.3%) | — | $1,200 – $1,200 | 1 |
| 2BR | $1,398 | −$202 (-12.7%) | +$298 (+27.0%) | $1,296 – $1,499 | 2 |
| 3BR | $2,800 | +$800 (+40.0%) | +$865 (+44.7%) | $2,800 – $2,800 | 1 |
| 3BR | $1,600 | −$400 (-20.0%) | −$335 (-17.3%) | $1,600 – $1,600 | 1 |
| 4BR | $2,550 | $0 (0.0%) | +$550 (+27.5%) | $2,550 – $2,550 | 1 |
Median, P25, and P75 are asking rents from listings posted in May 2022. Changes compare against the nearest prior month with data.
Clearing vs. Chicago — May 2022
| Bedrooms | Clearing Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,200 | $1,298 | −$97 (-7.5%) |
| 2BR | $1,398 | $1,599 | −$201 (-12.6%) |
| 3BR | $2,800 | $2,100 | +$700 (+33.3%) |
| 3BR | $1,600 | $2,100 | −$500 (-23.8%) |
| 4BR | $2,550 | $2,600 | −$50 (-1.9%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in May 2022.