Monthly Rent Report
Clearing Rent Report — January 2023
Asking rents in ZIP 60638, Chicago, from 171 listings.
Median 1BR rent in Clearing was $1,000 in January 2023, down 4.8% (−$50) from December 2022 and up 1.5% year-over-year. The middle half of 1BR listings asked between $975 and $1,000. That puts Clearing $350 below the Chicago citywide 1BR median of $1,350. The month's figures are based on 171 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2022 | Vs. January 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,000 | −$50 (-4.8%) | +$15 (+1.5%) | $975 – $1,000 | 3 |
| 1BR | $1,000 | −$50 (-4.8%) | +$15 (+1.5%) | $950 – $1,000 | 16 |
| 2BR | $1,300 | −$175 (-11.9%) | +$200 (+18.2%) | $1,163 – $1,400 | 14 |
| 2BR | $1,300 | −$175 (-11.9%) | +$200 (+18.2%) | $1,300 – $1,300 | 1 |
| 3BR | $1,400 | −$550 (-28.2%) | −$535 (-27.6%) | $1,400 – $1,400 | 1 |
| 3BR | $2,145 | +$195 (+10.0%) | +$210 (+10.9%) | $1,915 – $2,200 | 101 |
| 4BR | $2,600 | +$600 (+30.0%) | −$300 (-10.3%) | $2,600 – $2,600 | 1 |
| 4BR | $2,000 | $0 (0.0%) | −$900 (-31.0%) | $2,000 – $2,011 | 34 |
Median, P25, and P75 are asking rents from listings posted in January 2023. Changes compare against the nearest prior month with data.
Clearing vs. Chicago — January 2023
| Bedrooms | Clearing Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,000 | $1,350 | −$350 (-25.9%) |
| 1BR | $1,000 | $1,350 | −$350 (-25.9%) |
| 2BR | $1,300 | $1,698 | −$397 (-23.4%) |
| 2BR | $1,300 | $1,698 | −$397 (-23.4%) |
| 3BR | $1,400 | $2,123 | −$722 (-34.0%) |
| 3BR | $2,145 | $2,123 | +$23 (+1.1%) |
| 4BR | $2,600 | $2,417 | +$184 (+7.6%) |
| 4BR | $2,000 | $2,417 | −$416 (-17.2%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in January 2023.