Apartments for Rent in Clearing, Chicago, IL

Clearing, Chicago apartment availability

Clearing's rental market offers a good selection of listings, with an average of 28 rentals available each month in 2024. The majority of rentals in Clearing are 1-bedroom apartments, followed by 2-bedroom and 3-bedroom units. Many apartments in the area feature desirable amenities, including air conditioning, hardwood floors, and on-site laundry, which are available in approximately 30% of rentals. With a range of options and convenient amenities, Clearing is a neighborhood worth considering for renters in Chicago.

Clearing, Chicago rental market trends

The Clearing neighborhood in Chicago saw a decline in average rent prices by about 6.3% last year, with the average monthly rent for all bed counts and property types coming in at around $1,369. However, not all bed counts followed this trend. The average rent for 1-bedrooms increased by 8.8% to $1,112, while 2-bedrooms saw a significant jump of 27.7% to $1,823. Studios also experienced a notable increase of 12.9% to $947.

The spring season, particularly April, is when rent prices in Clearing tend to peak, with a 38.2% increase compared to October, the month with the lowest average rent. If you're looking for a new apartment, October may be a good time to find a deal. On the other hand, if you're looking to rent out a property, April is likely to be the most lucrative month. Keep in mind that these trends can help you navigate the rental market in Clearing and make informed decisions.

Why Clearing, Chicago is a great place to live

We've analyzed data from the last few years to understand what makes Clearing, Chicago, an attractive neighborhood for renters. Our findings suggest that Clearing excels in two key areas: social life and environmental sustainability.

The neighborhood's social scene thrives due to its well-designed street infrastructure, diverse age distribution, and strong safety record. Frequent public transportation options and a high walk score also make it easy to get around and connect with others.

For those prioritizing eco-friendliness, Clearing stands out for its commitment to sustainability. Many buildings use non-toxic paint, and the area has a strong focus on waste recycling and composting. The neighborhood also features numerous parks and recreation spaces, and some buildings incorporate innovative features like rainwater harvesting and community solar projects. If you value community and the environment, Clearing is definitely worth considering.