Monthly Rent Report
Clearing Rent Report — November 2023
Asking rents in ZIP 60638, Chicago, from 80 listings.
Median 1BR rent in Clearing was $1,100 in November 2023, up 0.5% (+$5) from October 2023 and up 4.8% year-over-year. The middle half of 1BR listings asked between $1,100 and $1,100. That puts Clearing $404 below the Chicago citywide 1BR median of $1,504. The month's figures are based on 80 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2023 | Vs. November 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,100 | +$5 (+0.5%) | +$50 (+4.8%) | $1,100 – $1,100 | 6 |
| 1BR | $1,850 | +$755 (+68.9%) | +$800 (+76.2%) | $1,850 – $1,850 | 5 |
| 2BR | $1,475 | +$125 (+9.3%) | +$163 (+12.4%) | $1,475 – $1,475 | 1 |
| 2BR | $1,400 | +$50 (+3.7%) | +$88 (+6.7%) | $1,338 – $1,400 | 3 |
| 3BR | $2,500 | +$500 (+25.0%) | +$805 (+47.5%) | $2,500 – $2,500 | 1 |
| 3BR | $2,200 | +$200 (+10.0%) | +$505 (+29.8%) | $2,200 – $2,200 | 4 |
| 4BR | $2,750 | +$550 (+25.0%) | +$750 (+37.5%) | $2,750 – $2,750 | 1 |
| 4BR | $2,015 | −$185 (-8.4%) | +$15 (+0.8%) | $1,973 – $2,200 | 59 |
Median, P25, and P75 are asking rents from listings posted in November 2023. Changes compare against the nearest prior month with data.
Clearing vs. Chicago — November 2023
| Bedrooms | Clearing Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,100 | $1,504 | −$403 (-26.8%) |
| 1BR | $1,850 | $1,504 | +$347 (+23.0%) |
| 2BR | $1,475 | $1,800 | −$325 (-18.1%) |
| 2BR | $1,400 | $1,800 | −$400 (-22.2%) |
| 3BR | $2,500 | $2,298 | +$203 (+8.8%) |
| 3BR | $2,200 | $2,298 | −$97 (-4.2%) |
| 4BR | $2,750 | $2,750 | $0 (0.0%) |
| 4BR | $2,015 | $2,750 | −$735 (-26.7%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in November 2023.