Monthly Rent Report
Clearing Rent Report — October 2024
Asking rents in ZIP 60638, Chicago, from 18 listings.
Median 1BR rent in Clearing was $1,150 in October 2024, down 4.2% (−$50) from September 2024 and down 11.5% year-over-year. The middle half of 1BR listings asked between $1,073 and $1,195. That puts Clearing $287 below the Chicago citywide 1BR median of $1,437. The month's figures are based on 18 listings across 7 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2024 | Vs. October 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $995 | $0 (0.0%) | — | $995 – $995 | 1 |
| 1BR | $1,150 | −$50 (-4.2%) | −$150 (-11.5%) | $1,073 – $1,195 | 7 |
| 2BR | $1,250 | $0 (0.0%) | −$200 (-13.8%) | $1,250 – $1,250 | 1 |
| 2BR | $1,650 | +$400 (+32.0%) | +$200 (+13.8%) | $1,650 – $1,650 | 5 |
| 3BR | $2,400 | +$1,225 (+104.3%) | −$300 (-11.1%) | $2,400 – $2,400 | 1 |
| 4BR | $4,000 | +$655 (+19.6%) | +$2,000 (+100.0%) | $4,000 – $4,000 | 1 |
Median, P25, and P75 are asking rents from listings posted in October 2024. Changes compare against the nearest prior month with data.
Clearing vs. Chicago — October 2024
| Bedrooms | Clearing Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $995 | $1,298 | −$302 (-23.3%) |
| 1BR | $1,150 | $1,437 | −$286 (-19.9%) |
| 2BR | $1,250 | $1,770 | −$519 (-29.4%) |
| 2BR | $1,650 | $1,770 | −$119 (-6.8%) |
| 3BR | $2,400 | $2,305 | +$95 (+4.1%) |
| 4BR | $4,000 | $2,995 | +$1,005 (+33.6%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in October 2024.