Monthly Rent Report
O'Hare Rent Report — July 2022
Asking rents in ZIP 60656, Chicago, from 67 listings.
Median 1BR rent in O'Hare was $1,375 in July 2022, up 10.0% (+$125) from June 2022 and up 44.7% year-over-year. The middle half of 1BR listings asked between $1,375 and $1,375. That puts O'Hare $150 above the Chicago citywide 1BR median of $1,225. The month's figures are based on 67 listings across 9 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2022 | Vs. July 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,220 | — | — | $1,180 – $1,245 | 13 |
| 1BR | $1,375 | +$125 (+10.0%) | +$425 (+44.7%) | $1,375 – $1,375 | 1 |
| 1BR | $1,300 | +$50 (+4.0%) | +$350 (+36.8%) | $1,250 – $1,300 | 4 |
| 2BR | $1,500 | +$100 (+7.1%) | +$250 (+20.0%) | $1,275 – $1,925 | 14 |
| 2BR | $1,900 | +$500 (+35.7%) | +$650 (+52.0%) | $1,900 – $1,900 | 1 |
| 3BR | $2,695 | +$745 (+38.2%) | +$350 (+14.9%) | $2,450 – $2,695 | 13 |
| 3BR | $2,450 | +$500 (+25.6%) | +$105 (+4.5%) | $2,450 – $2,450 | 1 |
| 4BR | $2,550 | +$55 (+2.2%) | $0 (0.0%) | $2,550 – $2,550 | 5 |
| 4BR | $2,550 | +$55 (+2.2%) | $0 (0.0%) | $2,550 – $2,550 | 15 |
Median, P25, and P75 are asking rents from listings posted in July 2022. Changes compare against the nearest prior month with data.
O'Hare vs. Chicago — July 2022
| Bedrooms | O'Hare Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,220 | $1,104 | +$116 (+10.5%) |
| 1BR | $1,375 | $1,225 | +$150 (+12.2%) |
| 1BR | $1,300 | $1,225 | +$75 (+6.1%) |
| 2BR | $1,500 | $1,695 | −$195 (-11.5%) |
| 2BR | $1,900 | $1,695 | +$205 (+12.1%) |
| 3BR | $2,695 | $2,200 | +$495 (+22.5%) |
| 3BR | $2,450 | $2,200 | +$250 (+11.4%) |
| 4BR | $2,550 | $2,500 | +$50 (+2.0%) |
| 4BR | $2,550 | $2,500 | +$50 (+2.0%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in July 2022.