Monthly Rent Report
Clearing Rent Report — December 2022
Asking rents in ZIP 60638, Chicago, from 130 listings.
Median 1BR rent in Clearing was $1,050 in December 2022, flat versus November 2022 and up 10.5% year-over-year. The middle half of 1BR listings asked between $950 and $1,050. That puts Clearing $295 below the Chicago citywide 1BR median of $1,345. The month's figures are based on 130 listings across 9 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2022 | Vs. December 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $950 | — | +$200 (+26.7%) | $950 – $950 | 1 |
| 1BR | $1,050 | $0 (0.0%) | +$100 (+10.5%) | $950 – $1,050 | 17 |
| 1BR | $1,050 | $0 (0.0%) | +$100 (+10.5%) | $950 – $1,050 | 9 |
| 2BR | $1,475 | +$163 (+12.4%) | +$225 (+18.0%) | $1,438 – $1,500 | 8 |
| 2BR | $1,475 | +$163 (+12.4%) | +$225 (+18.0%) | $1,475 – $1,500 | 7 |
| 3BR | $1,950 | −$222 (-10.2%) | +$15 (+0.8%) | $1,933 – $2,173 | 7 |
| 3BR | $2,200 | +$28 (+1.3%) | +$265 (+13.7%) | $1,933 – $2,223 | 55 |
| 4BR | $2,000 | $0 (0.0%) | +$519 (+35.0%) | $2,000 – $2,015 | 25 |
| 4BR | $2,000 | $0 (0.0%) | +$519 (+35.0%) | $2,000 – $2,000 | 1 |
Median, P25, and P75 are asking rents from listings posted in December 2022. Changes compare against the nearest prior month with data.
Clearing vs. Chicago — December 2022
| Bedrooms | Clearing Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $950 | $1,050 | −$100 (-9.5%) |
| 1BR | $1,050 | $1,345 | −$295 (-21.9%) |
| 1BR | $1,050 | $1,345 | −$295 (-21.9%) |
| 2BR | $1,475 | $1,675 | −$200 (-11.9%) |
| 2BR | $1,475 | $1,675 | −$200 (-11.9%) |
| 3BR | $1,950 | $2,181 | −$231 (-10.6%) |
| 3BR | $2,200 | $2,181 | +$19 (+0.9%) |
| 4BR | $2,000 | $2,589 | −$589 (-22.8%) |
| 4BR | $2,000 | $2,589 | −$589 (-22.8%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in December 2022.