Monthly Rent Report
Clearing Rent Report — April 2024
Asking rents in ZIP 60638, Chicago, from 342 listings.
Median 1BR rent in Clearing was $1,123 in April 2024, up 2.0% (+$23) from March 2024 and up 18.8% year-over-year. The middle half of 1BR listings asked between $1,095 and $1,200. That puts Clearing $378 below the Chicago citywide 1BR median of $1,500. The month's figures are based on 342 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. March 2024 | Vs. April 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,025 | $0 (0.0%) | +$250 (+32.3%) | $1,025 – $1,025 | 5 |
| Studio | $1,025 | $0 (0.0%) | +$250 (+32.3%) | $1,025 – $1,025 | 4 |
| 1BR | $1,123 | +$23 (+2.0%) | +$178 (+18.8%) | $1,095 – $1,200 | 22 |
| 1BR | $1,300 | +$200 (+18.2%) | +$355 (+37.6%) | $1,300 – $1,300 | 1 |
| 2BR | $1,800 | +$400 (+28.6%) | +$300 (+20.0%) | $1,800 – $1,800 | 1 |
| 2BR | $1,500 | +$100 (+7.1%) | $0 (0.0%) | $1,400 – $1,650 | 34 |
| 3BR | $2,145 | −$55 (-2.5%) | +$345 (+19.2%) | $2,000 – $2,200 | 96 |
| 3BR | $2,145 | −$55 (-2.5%) | +$345 (+19.2%) | $1,915 – $2,200 | 69 |
| 4BR | $2,000 | $0 (0.0%) | +$350 (+21.2%) | $1,945 – $2,015 | 35 |
| 4BR | $2,000 | $0 (0.0%) | +$350 (+21.2%) | $1,945 – $2,015 | 61 |
Median, P25, and P75 are asking rents from listings posted in April 2024. Changes compare against the nearest prior month with data.
Clearing vs. Chicago — April 2024
| Bedrooms | Clearing Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,025 | $1,222 | −$197 (-16.1%) |
| Studio | $1,025 | $1,222 | −$197 (-16.1%) |
| 1BR | $1,123 | $1,500 | −$377 (-25.2%) |
| 1BR | $1,300 | $1,500 | −$200 (-13.3%) |
| 2BR | $1,800 | $1,850 | −$50 (-2.7%) |
| 2BR | $1,500 | $1,850 | −$350 (-18.9%) |
| 3BR | $2,145 | $2,300 | −$155 (-6.7%) |
| 3BR | $2,145 | $2,300 | −$155 (-6.7%) |
| 4BR | $2,000 | $2,800 | −$800 (-28.6%) |
| 4BR | $2,000 | $2,800 | −$800 (-28.6%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in April 2024.