Monthly Rent Report
Clearing Rent Report — February 2023
Asking rents in ZIP 60638, Chicago, from 311 listings.
Median 1BR rent in Clearing was $1,000 in February 2023, flat versus January 2023 and up 11.7% year-over-year. The middle half of 1BR listings asked between $950 and $1,063. That puts Clearing $400 below the Chicago citywide 1BR median of $1,400. The month's figures are based on 311 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2023 | Vs. February 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $900 | — | — | $825 – $925 | 3 |
| Studio | $825 | — | — | $788 – $863 | 2 |
| 1BR | $1,000 | $0 (0.0%) | +$105 (+11.7%) | $950 – $1,063 | 11 |
| 1BR | $1,000 | $0 (0.0%) | +$105 (+11.7%) | $950 – $1,125 | 9 |
| 2BR | $1,400 | +$100 (+7.7%) | +$300 (+27.3%) | $1,300 – $1,500 | 21 |
| 2BR | $1,500 | +$200 (+15.4%) | +$400 (+36.4%) | $1,500 – $1,500 | 1 |
| 3BR | $2,145 | $0 (0.0%) | +$345 (+19.2%) | $1,950 – $2,245 | 85 |
| 3BR | $2,145 | $0 (0.0%) | +$345 (+19.2%) | $1,950 – $2,245 | 115 |
| 4BR | $2,000 | $0 (0.0%) | $0 (0.0%) | $2,000 – $2,000 | 34 |
| 4BR | $2,000 | $0 (0.0%) | $0 (0.0%) | $2,000 – $2,000 | 24 |
Median, P25, and P75 are asking rents from listings posted in February 2023. Changes compare against the nearest prior month with data.
Clearing vs. Chicago — February 2023
| Bedrooms | Clearing Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $900 | $1,149 | −$249 (-21.7%) |
| Studio | $825 | $1,149 | −$324 (-28.2%) |
| 1BR | $1,000 | $1,400 | −$400 (-28.6%) |
| 1BR | $1,000 | $1,400 | −$400 (-28.6%) |
| 2BR | $1,400 | $1,695 | −$295 (-17.4%) |
| 2BR | $1,500 | $1,695 | −$195 (-11.5%) |
| 3BR | $2,145 | $2,188 | −$42 (-1.9%) |
| 3BR | $2,145 | $2,188 | −$42 (-1.9%) |
| 4BR | $2,000 | $2,393 | −$392 (-16.4%) |
| 4BR | $2,000 | $2,393 | −$392 (-16.4%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in February 2023.