Monthly Rent Report
Clearing Rent Report — September 2023
Asking rents in ZIP 60638, Chicago, from 54 listings.
Median 1BR rent in Clearing was $1,095 in September 2023, down 0.5% (−$5) from August 2023 and up 10.1% year-over-year. The middle half of 1BR listings asked between $1,095 and $1,095. That puts Clearing $355 below the Chicago citywide 1BR median of $1,450. The month's figures are based on 54 listings across 11 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2023 | Vs. September 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,600 | — | — | $2,600 – $2,600 | 1 |
| 1BR | $1,095 | −$5 (-0.5%) | +$100 (+10.1%) | $1,095 – $1,095 | 1 |
| 1BR | $995 | −$105 (-9.5%) | $0 (0.0%) | $995 – $995 | 3 |
| 2BR | $1,400 | +$125 (+9.8%) | −$100 (-6.7%) | $1,400 – $1,525 | 3 |
| 2BR | $1,950 | +$675 (+52.9%) | +$450 (+30.0%) | $1,550 – $1,950 | 5 |
| 3BR | $2,725 | +$1,225 (+81.7%) | +$725 (+36.3%) | $2,500 – $2,750 | 12 |
| 3BR | $3,300 | +$1,800 (+120.0%) | +$1,300 (+65.0%) | $3,300 – $3,300 | 1 |
| 4BR | $2,000 | $0 (0.0%) | $0 (0.0%) | $2,000 – $2,015 | 10 |
| 4BR | $1,980 | −$20 (-1.0%) | −$20 (-1.0%) | $1,945 – $2,015 | 16 |
Median, P25, and P75 are asking rents from listings posted in September 2023. Changes compare against the nearest prior month with data.
Clearing vs. Chicago — September 2023
| Bedrooms | Clearing Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,600 | $1,238 | +$1,363 (+110.1%) |
| 1BR | $1,095 | $1,450 | −$355 (-24.5%) |
| 1BR | $995 | $1,450 | −$455 (-31.4%) |
| 2BR | $1,400 | $1,738 | −$337 (-19.4%) |
| 2BR | $1,950 | $1,738 | +$213 (+12.2%) |
| 3BR | $2,725 | $2,327 | +$398 (+17.1%) |
| 3BR | $3,300 | $2,327 | +$973 (+41.8%) |
| 4BR | $2,000 | $2,783 | −$783 (-28.1%) |
| 4BR | $1,980 | $2,783 | −$803 (-28.9%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in September 2023.