Monthly Rent Report
Clearing Rent Report — July 2024
Asking rents in ZIP 60638, Chicago, from 150 listings.
Median 1BR rent in Clearing was $1,095 in July 2024, up 9.5% (+$95) from June 2024 and unchanged year-over-year. The middle half of 1BR listings asked between $1,095 and $1,300. That puts Clearing $465 below the Chicago citywide 1BR median of $1,560. The month's figures are based on 150 listings across 11 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2024 | Vs. July 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,025 | $0 (0.0%) | +$50 (+5.1%) | $1,025 – $1,025 | 3 |
| Studio | $1,025 | $0 (0.0%) | +$50 (+5.1%) | $1,025 – $1,025 | 4 |
| 1BR | $1,095 | +$95 (+9.5%) | $0 (0.0%) | $1,095 – $1,300 | 13 |
| 1BR | $1,100 | +$100 (+10.0%) | +$5 (+0.5%) | $1,100 – $1,100 | 1 |
| 2BR | $1,575 | −$75 (-4.5%) | +$175 (+12.5%) | $1,400 – $1,850 | 12 |
| 2BR | $1,350 | −$300 (-18.2%) | −$50 (-3.6%) | $1,350 – $1,350 | 1 |
| 3BR | $2,200 | +$500 (+29.4%) | +$55 (+2.6%) | $2,030 – $2,245 | 55 |
| 3BR | $2,835 | +$1,135 (+66.8%) | +$690 (+32.2%) | $2,835 – $2,835 | 1 |
| 4BR | $2,430 | +$415 (+20.6%) | +$430 (+21.5%) | $2,430 – $2,430 | 1 |
| 4BR | $2,015 | $0 (0.0%) | +$15 (+0.8%) | $2,000 – $2,430 | 57 |
Median, P25, and P75 are asking rents from listings posted in July 2024. Changes compare against the nearest prior month with data.
Clearing vs. Chicago — July 2024
| Bedrooms | Clearing Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,025 | $1,218 | −$193 (-15.9%) |
| Studio | $1,025 | $1,218 | −$193 (-15.9%) |
| 1BR | $1,095 | $1,560 | −$465 (-29.8%) |
| 1BR | $1,100 | $1,560 | −$460 (-29.5%) |
| 2BR | $1,575 | $1,805 | −$230 (-12.7%) |
| 2BR | $1,350 | $1,805 | −$455 (-25.2%) |
| 3BR | $2,200 | $2,363 | −$162 (-6.9%) |
| 3BR | $2,835 | $2,363 | +$473 (+20.0%) |
| 4BR | $2,430 | $2,789 | −$359 (-12.9%) |
| 4BR | $2,015 | $2,789 | −$774 (-27.8%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in July 2024.