Monthly Rent Report
Clearing Rent Report — March 2023
Asking rents in ZIP 60638, Chicago, from 201 listings.
Median 1BR rent in Clearing was $1,850 in March 2023, up 85.0% (+$850) from February 2023 and up 97.3% year-over-year. The middle half of 1BR listings asked between $1,419 and $1,850. That puts Clearing $454 above the Chicago citywide 1BR median of $1,396. The month's figures are based on 201 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2023 | Vs. March 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $750 | −$75 (-9.1%) | — | $750 – $750 | 1 |
| Studio | $750 | −$75 (-9.1%) | — | $750 – $756 | 4 |
| 1BR | $1,850 | +$850 (+85.0%) | +$913 (+97.3%) | $1,419 – $1,850 | 6 |
| 1BR | $1,275 | +$275 (+27.5%) | +$338 (+36.0%) | $995 – $1,850 | 15 |
| 2BR | $1,400 | $0 (0.0%) | +$100 (+7.7%) | $1,400 – $1,400 | 1 |
| 2BR | $1,390 | −$10 (-0.7%) | +$90 (+6.9%) | $1,300 – $1,550 | 17 |
| 3BR | $2,173 | +$28 (+1.3%) | +$173 (+8.6%) | $1,915 – $2,245 | 106 |
| 3BR | $2,145 | $0 (0.0%) | +$145 (+7.2%) | $1,915 – $2,223 | 11 |
| 4BR | $2,000 | $0 (0.0%) | $0 (0.0%) | $2,000 – $2,000 | 26 |
| 4BR | $2,000 | $0 (0.0%) | $0 (0.0%) | $2,000 – $2,008 | 3 |
Median, P25, and P75 are asking rents from listings posted in March 2023. Changes compare against the nearest prior month with data.
Clearing vs. Chicago — March 2023
| Bedrooms | Clearing Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $750 | $1,204 | −$454 (-37.7%) |
| Studio | $750 | $1,204 | −$454 (-37.7%) |
| 1BR | $1,850 | $1,396 | +$454 (+32.5%) |
| 1BR | $1,275 | $1,396 | −$121 (-8.7%) |
| 2BR | $1,400 | $1,698 | −$297 (-17.5%) |
| 2BR | $1,390 | $1,698 | −$307 (-18.1%) |
| 3BR | $2,173 | $2,200 | −$27 (-1.3%) |
| 3BR | $2,145 | $2,200 | −$55 (-2.5%) |
| 4BR | $2,000 | $2,444 | −$444 (-18.2%) |
| 4BR | $2,000 | $2,444 | −$444 (-18.2%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in March 2023.