Monthly Rent Report
Clearing Rent Report — March 2024
Asking rents in ZIP 60638, Chicago, from 232 listings.
Median 1BR rent in Clearing was $1,100 in March 2024, down 6.4% (−$75) from February 2024 and down 13.7% year-over-year. The middle half of 1BR listings asked between $1,100 and $1,100. That puts Clearing $405 below the Chicago citywide 1BR median of $1,505. The month's figures are based on 232 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2024 | Vs. March 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,025 | — | +$275 (+36.7%) | $1,025 – $1,025 | 7 |
| Studio | $1,025 | — | +$275 (+36.7%) | $1,019 – $1,025 | 4 |
| 1BR | $1,100 | −$75 (-6.4%) | −$175 (-13.7%) | $1,100 – $1,100 | 2 |
| 1BR | $1,275 | +$100 (+8.5%) | $0 (0.0%) | $1,121 – $1,300 | 14 |
| 2BR | $1,400 | +$100 (+7.7%) | $0 (0.0%) | $1,325 – $1,575 | 23 |
| 2BR | $1,400 | +$100 (+7.7%) | $0 (0.0%) | $1,300 – $1,500 | 36 |
| 3BR | $2,145 | −$55 (-2.5%) | $0 (0.0%) | $1,915 – $2,234 | 90 |
| 3BR | $2,200 | $0 (0.0%) | +$55 (+2.6%) | $2,200 – $2,200 | 1 |
| 4BR | $2,000 | −$600 (-23.1%) | $0 (0.0%) | $1,945 – $2,015 | 54 |
| 4BR | $2,000 | −$600 (-23.1%) | $0 (0.0%) | $2,000 – $2,000 | 1 |
Median, P25, and P75 are asking rents from listings posted in March 2024. Changes compare against the nearest prior month with data.
Clearing vs. Chicago — March 2024
| Bedrooms | Clearing Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,025 | $1,225 | −$200 (-16.3%) |
| Studio | $1,025 | $1,225 | −$200 (-16.3%) |
| 1BR | $1,100 | $1,505 | −$404 (-26.9%) |
| 1BR | $1,275 | $1,505 | −$229 (-15.3%) |
| 2BR | $1,400 | $1,900 | −$500 (-26.3%) |
| 2BR | $1,400 | $1,900 | −$500 (-26.3%) |
| 3BR | $2,145 | $2,250 | −$105 (-4.7%) |
| 3BR | $2,200 | $2,250 | −$50 (-2.2%) |
| 4BR | $2,000 | $2,650 | −$650 (-24.5%) |
| 4BR | $2,000 | $2,650 | −$650 (-24.5%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in March 2024.