Monthly Rent Report
Clearing Rent Report — June 2022
Asking rents in ZIP 60638, Chicago, from 28 listings.
Median 1BR rent in Clearing was $1,050 in June 2022, down 12.5% (−$150) from May 2022 and up 31.3% year-over-year. The middle half of 1BR listings asked between $1,050 and $1,106. That puts Clearing $200 below the Chicago citywide 1BR median of $1,250. The month's figures are based on 28 listings across 9 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2022 | Vs. June 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $840 | — | — | $840 – $840 | 2 |
| 1BR | $1,050 | −$150 (-12.5%) | +$250 (+31.3%) | $1,050 – $1,106 | 4 |
| 1BR | $1,050 | −$150 (-12.5%) | +$250 (+31.3%) | $1,050 – $1,050 | 1 |
| 2BR | $1,500 | +$103 (+7.3%) | +$400 (+36.4%) | $1,500 – $1,500 | 1 |
| 2BR | $1,300 | −$97 (-7.0%) | +$200 (+18.2%) | $1,288 – $1,363 | 3 |
| 3BR | $2,145 | +$545 (+34.1%) | +$210 (+10.9%) | $1,500 – $2,200 | 13 |
| 3BR | $1,500 | −$100 (-6.3%) | −$435 (-22.5%) | $1,500 – $1,500 | 1 |
| 4BR | $2,100 | −$450 (-17.6%) | +$100 (+5.0%) | $2,100 – $2,100 | 1 |
Median, P25, and P75 are asking rents from listings posted in June 2022. Changes compare against the nearest prior month with data.
Clearing vs. Chicago — June 2022
| Bedrooms | Clearing Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $840 | $990 | −$150 (-15.2%) |
| 1BR | $1,050 | $1,250 | −$200 (-16.0%) |
| 1BR | $1,050 | $1,250 | −$200 (-16.0%) |
| 2BR | $1,500 | $1,570 | −$70 (-4.4%) |
| 2BR | $1,300 | $1,570 | −$270 (-17.2%) |
| 3BR | $2,145 | $1,995 | +$150 (+7.5%) |
| 3BR | $1,500 | $1,995 | −$495 (-24.8%) |
| 4BR | $2,100 | $2,496 | −$396 (-15.9%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in June 2022.