Monthly Rent Report

Clearing Rent Report — October 2022

Asking rents in ZIP 60638, Chicago, from 126 listings.

Median 1BR rent in Clearing was $1,095 in October 2022, up 10.1% (+$100) from September 2022. The middle half of 1BR listings asked between $1,095 and $1,095. That puts Clearing $223 below the Chicago citywide 1BR median of $1,318. The month's figures are based on 126 listings across 10 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. September 2022Vs. October 2021P25–P75 RangeListings
1BR$1,095+$100 (+10.1%)$1,095 – $1,0952
1BR$973−$22 (-2.3%)$961 – $9842
2BR$1,500$0 (0.0%)+$100 (+7.1%)$1,500 – $1,5001
2BR$1,500$0 (0.0%)+$100 (+7.1%)$1,500 – $1,5002
3BR$2,000−$172 (-7.9%)$0 (0.0%)$2,000 – $2,0001
3BR$2,145−$27 (-1.3%)+$145 (+7.2%)$1,915 – $2,20057
4BR$2,500+$500 (+25.0%)+$500 (+25.0%)$2,500 – $2,5006
4BR$2,000$0 (0.0%)$0 (0.0%)$1,945 – $2,01551

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

Clearing vs. ChicagoOctober 2022

BedroomsClearing MedianChicago Citywide MedianDifference
1BR$1,095$1,318−$222 (-16.9%)
1BR$973$1,318−$345 (-26.2%)
2BR$1,500$1,700−$200 (-11.8%)
2BR$1,500$1,700−$200 (-11.8%)
3BR$2,000$2,190−$190 (-8.7%)
3BR$2,145$2,190−$45 (-2.1%)
4BR$2,500$2,478+$23 (+0.9%)
4BR$2,000$2,478−$477 (-19.3%)

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

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