Monthly Rent Report
O'Hare Rent Report — March 2022
Asking rents in ZIP 60656, Chicago, from 12 listings.
Median 1BR rent in O'Hare was $1,215 in March 2022, down 2.8% (−$35) from February 2022 and up 22.1% year-over-year. The middle half of 1BR listings asked between $1,215 and $1,215. That puts O'Hare in line with the Chicago citywide 1BR median of $1,230. The month's figures are based on 12 listings across 5 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2022 | Vs. March 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $895 | — | — | $895 – $895 | 1 |
| 1BR | $1,215 | −$35 (-2.8%) | +$220 (+22.1%) | $1,215 – $1,215 | 1 |
| 2BR | $1,750 | +$250 (+16.7%) | +$425 (+32.1%) | $1,750 – $1,750 | 1 |
| 3BR | $2,345 | $0 (0.0%) | $0 (0.0%) | $2,345 – $2,345 | 3 |
| 4BR | $2,550 | $0 (0.0%) | — | $2,550 – $2,550 | 6 |
Median, P25, and P75 are asking rents from listings posted in March 2022. Changes compare against the nearest prior month with data.
O'Hare vs. Chicago — March 2022
| Bedrooms | O'Hare Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $895 | $950 | −$55 (-5.8%) |
| 1BR | $1,215 | $1,230 | −$15 (-1.2%) |
| 2BR | $1,750 | $1,473 | +$278 (+18.8%) |
| 3BR | $2,345 | $1,950 | +$395 (+20.3%) |
| 4BR | $2,550 | $2,300 | +$250 (+10.9%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in March 2022.