Monthly Rent Report
Clearing Rent Report — June 2024
Asking rents in ZIP 60638, Chicago, from 298 listings.
Median 1BR rent in Clearing was $1,150 in June 2024, up 9.5% (+$100) from May 2024 and up 9.5% year-over-year. The middle half of 1BR listings asked between $1,095 and $1,200. That puts Clearing $349 below the Chicago citywide 1BR median of $1,499. The month's figures are based on 298 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2024 | Vs. June 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,025 | $0 (0.0%) | +$50 (+5.1%) | $1,025 – $1,025 | 7 |
| Studio | $1,025 | $0 (0.0%) | +$50 (+5.1%) | $1,025 – $1,025 | 6 |
| 1BR | $1,150 | +$100 (+9.5%) | +$100 (+9.5%) | $1,095 – $1,200 | 47 |
| 1BR | $1,000 | −$50 (-4.8%) | −$50 (-4.8%) | $1,000 – $1,000 | 1 |
| 2BR | $1,350 | −$125 (-8.5%) | +$250 (+22.7%) | $1,350 – $1,350 | 1 |
| 2BR | $1,650 | +$175 (+11.9%) | +$550 (+50.0%) | $1,350 – $1,900 | 24 |
| 3BR | $1,700 | −$445 (-20.7%) | −$445 (-20.7%) | $1,700 – $1,700 | 1 |
| 3BR | $2,145 | $0 (0.0%) | $0 (0.0%) | $1,915 – $2,200 | 106 |
| 4BR | $2,015 | +$15 (+0.8%) | +$15 (+0.8%) | $2,000 – $2,430 | 101 |
| 4BR | $2,430 | +$430 (+21.5%) | +$430 (+21.5%) | $2,430 – $2,430 | 2 |
Median, P25, and P75 are asking rents from listings posted in June 2024. Changes compare against the nearest prior month with data.
Clearing vs. Chicago — June 2024
| Bedrooms | Clearing Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,025 | $1,149 | −$124 (-10.8%) |
| Studio | $1,025 | $1,149 | −$124 (-10.8%) |
| 1BR | $1,150 | $1,499 | −$349 (-23.3%) |
| 1BR | $1,000 | $1,499 | −$499 (-33.3%) |
| 2BR | $1,350 | $1,899 | −$549 (-28.9%) |
| 2BR | $1,650 | $1,899 | −$249 (-13.1%) |
| 3BR | $1,700 | $2,395 | −$695 (-29.0%) |
| 3BR | $2,145 | $2,395 | −$250 (-10.4%) |
| 4BR | $2,015 | $2,698 | −$682 (-25.3%) |
| 4BR | $2,430 | $2,698 | −$267 (-9.9%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in June 2024.