Monthly Rent Report
Clearing Rent Report — July 2022
Asking rents in ZIP 60638, Chicago, from 152 listings.
Median 1BR rent in Clearing was $1,100 in July 2022, up 4.8% (+$50) from June 2022 and up 14.3% year-over-year. The middle half of 1BR listings asked between $1,100 and $1,100. That puts Clearing $125 below the Chicago citywide 1BR median of $1,225. The month's figures are based on 152 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2022 | Vs. July 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,100 | +$50 (+4.8%) | +$138 (+14.3%) | $1,100 – $1,100 | 1 |
| 1BR | $1,125 | +$75 (+7.1%) | +$163 (+16.9%) | $1,025 – $1,150 | 6 |
| 2BR | $1,300 | −$200 (-13.3%) | +$150 (+13.0%) | $1,250 – $1,350 | 2 |
| 2BR | $1,300 | −$200 (-13.3%) | +$150 (+13.0%) | $1,300 – $1,400 | 5 |
| 3BR | $2,145 | +$645 (+43.0%) | +$210 (+10.9%) | $1,915 – $2,245 | 52 |
| 3BR | $2,145 | +$645 (+43.0%) | +$210 (+10.9%) | $1,915 – $2,223 | 19 |
| 4BR | $2,000 | −$100 (-4.8%) | $0 (0.0%) | $1,986 – $2,015 | 20 |
| 4BR | $2,000 | −$100 (-4.8%) | $0 (0.0%) | $1,945 – $2,015 | 47 |
Median, P25, and P75 are asking rents from listings posted in July 2022. Changes compare against the nearest prior month with data.
Clearing vs. Chicago — July 2022
| Bedrooms | Clearing Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,100 | $1,225 | −$125 (-10.2%) |
| 1BR | $1,125 | $1,225 | −$100 (-8.2%) |
| 2BR | $1,300 | $1,695 | −$395 (-23.3%) |
| 2BR | $1,300 | $1,695 | −$395 (-23.3%) |
| 3BR | $2,145 | $2,200 | −$55 (-2.5%) |
| 3BR | $2,145 | $2,200 | −$55 (-2.5%) |
| 4BR | $2,000 | $2,500 | −$500 (-20.0%) |
| 4BR | $2,000 | $2,500 | −$500 (-20.0%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in July 2022.