Monthly Rent Report
Clearing Rent Report — December 2024
Asking rents in ZIP 60638, Chicago, from 45 listings.
Median 1BR rent in Clearing was $1,225 in December 2024, up 2.1% (+$25) from November 2024 and up 11.9% year-over-year. The middle half of 1BR listings asked between $1,206 and $1,225. That puts Clearing $425 below the Chicago citywide 1BR median of $1,650. The month's figures are based on 45 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2024 | Vs. December 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $995 | $0 (0.0%) | — | $995 – $995 | 5 |
| 1BR | $1,225 | +$25 (+2.1%) | +$130 (+11.9%) | $1,206 – $1,225 | 6 |
| 1BR | $1,225 | +$25 (+2.1%) | +$130 (+11.9%) | $1,206 – $1,225 | 6 |
| 2BR | $1,700 | +$500 (+41.7%) | +$400 (+30.8%) | $1,700 – $1,925 | 5 |
| 2BR | $1,700 | +$500 (+41.7%) | +$400 (+30.8%) | $1,700 – $1,925 | 5 |
| 3BR | $1,975 | −$125 (-6.0%) | −$170 (-7.9%) | $1,850 – $2,100 | 4 |
| 3BR | $1,975 | −$125 (-6.0%) | −$170 (-7.9%) | $1,850 – $2,100 | 4 |
| 4BR | $3,025 | +$225 (+8.0%) | −$175 (-5.5%) | $2,800 – $3,275 | 4 |
| 4BR | $3,025 | +$225 (+8.0%) | −$175 (-5.5%) | $2,800 – $3,275 | 4 |
Median, P25, and P75 are asking rents from listings posted in December 2024. Changes compare against the nearest prior month with data.
Clearing vs. Chicago — December 2024
| Bedrooms | Clearing Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $995 | $1,385 | −$390 (-28.2%) |
| 1BR | $1,225 | $1,650 | −$425 (-25.8%) |
| 1BR | $1,225 | $1,650 | −$425 (-25.8%) |
| 2BR | $1,700 | $1,953 | −$252 (-12.9%) |
| 2BR | $1,700 | $1,953 | −$252 (-12.9%) |
| 3BR | $1,975 | $2,395 | −$420 (-17.5%) |
| 3BR | $1,975 | $2,395 | −$420 (-17.5%) |
| 4BR | $3,025 | $2,850 | +$175 (+6.1%) |
| 4BR | $3,025 | $2,850 | +$175 (+6.1%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in December 2024.