Monthly Rent Report
Clearing Rent Report — November 2024
Asking rents in ZIP 60638, Chicago, from 12 listings.
Median 1BR rent in Clearing was $1,200 in November 2024, up 4.3% (+$50) from October 2024 and down 35.1% year-over-year. The middle half of 1BR listings asked between $1,200 and $1,200. That puts Clearing $375 below the Chicago citywide 1BR median of $1,575. The month's figures are based on 12 listings across 7 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2024 | Vs. November 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $995 | $0 (0.0%) | — | $995 – $995 | 4 |
| 1BR | $1,200 | +$50 (+4.3%) | −$650 (-35.1%) | $1,200 – $1,200 | 1 |
| 2BR | $1,200 | −$50 (-4.0%) | −$275 (-18.6%) | $1,200 – $1,200 | 1 |
| 3BR | $2,100 | −$300 (-12.5%) | −$400 (-16.0%) | $2,100 – $2,100 | 1 |
| 3BR | $2,495 | +$95 (+4.0%) | −$5 (-0.2%) | $2,495 – $2,495 | 1 |
| 4BR | $2,800 | −$1,200 (-30.0%) | +$785 (+39.0%) | $2,800 – $2,800 | 2 |
| 4BR | $2,800 | −$1,200 (-30.0%) | +$785 (+39.0%) | $2,800 – $2,800 | 2 |
Median, P25, and P75 are asking rents from listings posted in November 2024. Changes compare against the nearest prior month with data.
Clearing vs. Chicago — November 2024
| Bedrooms | Clearing Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $995 | $1,292 | −$297 (-23.0%) |
| 1BR | $1,200 | $1,575 | −$375 (-23.8%) |
| 2BR | $1,200 | $1,945 | −$745 (-38.3%) |
| 3BR | $2,100 | $2,200 | −$100 (-4.5%) |
| 3BR | $2,495 | $2,200 | +$295 (+13.4%) |
| 4BR | $2,800 | $2,990 | −$190 (-6.4%) |
| 4BR | $2,800 | $2,990 | −$190 (-6.4%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in November 2024.