Monthly Rent Report
Clearing Rent Report — August 2022
Asking rents in ZIP 60638, Chicago, from 99 listings.
Median 1BR rent in Clearing was $1,175 in August 2022, up 6.8% (+$75) from July 2022 and up 28.4% year-over-year. The middle half of 1BR listings asked between $1,175 and $1,175. That puts Clearing $120 below the Chicago citywide 1BR median of $1,295. The month's figures are based on 99 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2022 | Vs. August 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,175 | +$75 (+6.8%) | +$260 (+28.4%) | $1,175 – $1,175 | 4 |
| 1BR | $950 | −$150 (-13.6%) | +$35 (+3.8%) | $950 – $950 | 1 |
| 2BR | $1,200 | −$100 (-7.7%) | −$100 (-7.7%) | $1,200 – $1,200 | 1 |
| 2BR | $1,250 | −$50 (-3.8%) | −$50 (-3.8%) | $1,250 – $1,319 | 8 |
| 3BR | $2,145 | $0 (0.0%) | +$246 (+13.0%) | $1,915 – $2,200 | 45 |
| 3BR | $2,250 | +$105 (+4.9%) | +$351 (+18.5%) | $2,250 – $2,250 | 1 |
| 4BR | $2,000 | $0 (0.0%) | −$1,200 (-37.5%) | $1,945 – $2,015 | 28 |
| 4BR | $2,000 | $0 (0.0%) | −$1,200 (-37.5%) | $1,945 – $2,015 | 11 |
Median, P25, and P75 are asking rents from listings posted in August 2022. Changes compare against the nearest prior month with data.
Clearing vs. Chicago — August 2022
| Bedrooms | Clearing Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,175 | $1,295 | −$120 (-9.3%) |
| 1BR | $950 | $1,295 | −$345 (-26.6%) |
| 2BR | $1,200 | $1,795 | −$595 (-33.1%) |
| 2BR | $1,250 | $1,795 | −$545 (-30.4%) |
| 3BR | $2,145 | $2,250 | −$105 (-4.7%) |
| 3BR | $2,250 | $2,250 | $0 (0.0%) |
| 4BR | $2,000 | $2,455 | −$455 (-18.5%) |
| 4BR | $2,000 | $2,455 | −$455 (-18.5%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in August 2022.