Monthly Rent Report

Clearing Rent Report — September 2022

Asking rents in ZIP 60638, Chicago, from 122 listings.

Median 1BR rent in Clearing was $995 in September 2022, down 15.3% (−$180) from August 2022 and down 5.2% year-over-year. The middle half of 1BR listings asked between $995 and $1,095. That puts Clearing $305 below the Chicago citywide 1BR median of $1,300. The month's figures are based on 122 listings across 10 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. August 2022Vs. September 2021P25–P75 RangeListings
1BR$995−$180 (-15.3%)−$55 (-5.2%)$995 – $1,09521
1BR$1,048−$127 (-10.9%)−$2 (-0.2%)$995 – $1,09510
2BR$1,450+$250 (+20.8%)+$175 (+13.7%)$1,450 – $1,4501
2BR$1,500+$300 (+25.0%)+$225 (+17.6%)$1,500 – $1,5001
3BR$2,173+$28 (+1.3%)−$327 (-13.1%)$2,000 – $2,24540
3BR$2,000−$145 (-6.8%)−$500 (-20.0%)$2,000 – $2,0001
4BR$2,000$0 (0.0%)+$519 (+35.0%)$1,945 – $2,01523
4BR$2,000$0 (0.0%)+$519 (+35.0%)$1,945 – $2,01523

Median, P25, and P75 are asking rents from listings posted in September 2022. Changes compare against the nearest prior month with data.

Clearing vs. ChicagoSeptember 2022

BedroomsClearing MedianChicago Citywide MedianDifference
1BR$995$1,300−$305 (-23.5%)
1BR$1,048$1,300−$252 (-19.4%)
2BR$1,450$1,550−$100 (-6.5%)
2BR$1,500$1,550−$50 (-3.2%)
3BR$2,173$2,099+$74 (+3.5%)
3BR$2,000$2,099−$99 (-4.7%)
4BR$2,000$2,420−$420 (-17.3%)
4BR$2,000$2,420−$420 (-17.3%)

Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in September 2022.

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