Monthly Rent Report
Clearing Rent Report — September 2024
Asking rents in ZIP 60638, Chicago, from 12 listings.
Median 1BR rent in Clearing was $1,200 in September 2024, down 5.9% (−$75) from August 2024 and up 20.6% year-over-year. The middle half of 1BR listings asked between $1,200 and $1,200. That puts Clearing $295 below the Chicago citywide 1BR median of $1,495. The month's figures are based on 12 listings across 6 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2024 | Vs. September 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $995 | −$30 (-2.9%) | −$1,605 (-61.7%) | $995 – $1,003 | 4 |
| 1BR | $1,200 | −$75 (-5.9%) | +$205 (+20.6%) | $1,200 – $1,200 | 1 |
| 2BR | $1,250 | −$450 (-26.5%) | −$700 (-35.9%) | $1,250 – $1,250 | 1 |
| 3BR | $1,175 | −$1,320 (-52.9%) | −$2,125 (-64.4%) | $1,175 – $1,175 | 1 |
| 4BR | $3,345 | +$445 (+15.3%) | +$1,345 (+67.3%) | $3,345 – $3,345 | 1 |
Median, P25, and P75 are asking rents from listings posted in September 2024. Changes compare against the nearest prior month with data.
Clearing vs. Chicago — September 2024
| Bedrooms | Clearing Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $995 | $1,195 | −$200 (-16.7%) |
| 1BR | $1,200 | $1,495 | −$295 (-19.7%) |
| 2BR | $1,250 | $1,843 | −$592 (-32.2%) |
| 3BR | $1,175 | $2,350 | −$1,175 (-50.0%) |
| 4BR | $3,345 | $2,750 | +$595 (+21.6%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in September 2024.