Monthly Rent Report
Clearing Rent Report — November 2022
Asking rents in ZIP 60638, Chicago, from 99 listings.
Median 1BR rent in Clearing was $1,050 in November 2022, up 8.0% (+$78) from October 2022 and up 10.5% year-over-year. The middle half of 1BR listings asked between $1,036 and $1,106. That puts Clearing $350 below the Chicago citywide 1BR median of $1,400. The month's figures are based on 99 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2022 | Vs. November 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,050 | +$78 (+8.0%) | +$100 (+10.5%) | $1,036 – $1,106 | 4 |
| 1BR | $1,050 | +$78 (+8.0%) | +$100 (+10.5%) | $1,038 – $1,061 | 12 |
| 2BR | $1,313 | −$187 (-12.5%) | −$637 (-32.7%) | $1,150 – $1,481 | 4 |
| 2BR | $1,150 | −$350 (-23.3%) | −$800 (-41.0%) | $1,150 – $1,150 | 1 |
| 3BR | $1,695 | −$305 (-15.3%) | −$305 (-15.3%) | $1,695 – $1,695 | 1 |
| 3BR | $2,173 | +$173 (+8.6%) | +$173 (+8.6%) | $2,159 – $2,186 | 2 |
| 4BR | $2,000 | $0 (0.0%) | $0 (0.0%) | $2,000 – $2,000 | 1 |
| 4BR | $2,000 | $0 (0.0%) | $0 (0.0%) | $1,945 – $2,015 | 74 |
Median, P25, and P75 are asking rents from listings posted in November 2022. Changes compare against the nearest prior month with data.
Clearing vs. Chicago — November 2022
| Bedrooms | Clearing Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,050 | $1,400 | −$350 (-25.0%) |
| 1BR | $1,050 | $1,400 | −$350 (-25.0%) |
| 2BR | $1,313 | $1,700 | −$387 (-22.8%) |
| 2BR | $1,150 | $1,700 | −$550 (-32.4%) |
| 3BR | $1,695 | $2,100 | −$405 (-19.3%) |
| 3BR | $2,173 | $2,100 | +$73 (+3.5%) |
| 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 November 2022.