Monthly Rent Report
O'Hare Rent Report — August 2022
Asking rents in ZIP 60656, Chicago, from 57 listings.
Median 1BR rent in O'Hare was $1,200 in August 2022, down 7.7% (−$100) from July 2022 and up 20.0% year-over-year. The middle half of 1BR listings asked between $1,200 and $1,200. That puts O'Hare $95 below the Chicago citywide 1BR median of $1,295. The month's figures are based on 57 listings across 9 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2022 | Vs. August 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,345 | +$125 (+10.2%) | — | $1,300 – $1,390 | 6 |
| 1BR | $1,200 | −$100 (-7.7%) | +$200 (+20.0%) | $1,200 – $1,200 | 2 |
| 1BR | $1,378 | +$78 (+6.0%) | +$378 (+37.8%) | $1,225 – $1,523 | 6 |
| 2BR | $1,338 | −$162 (-10.8%) | −$12 (-0.9%) | $1,275 – $1,963 | 12 |
| 2BR | $1,375 | −$125 (-8.3%) | +$25 (+1.9%) | $1,375 – $1,375 | 1 |
| 3BR | $2,155 | −$295 (-12.0%) | −$445 (-17.1%) | $1,795 – $2,360 | 16 |
| 3BR | $1,700 | −$750 (-30.6%) | −$900 (-34.6%) | $1,700 – $1,700 | 1 |
| 4BR | $2,550 | $0 (0.0%) | $0 (0.0%) | $2,550 – $2,550 | 10 |
| 4BR | $2,550 | $0 (0.0%) | $0 (0.0%) | $2,550 – $2,550 | 3 |
Median, P25, and P75 are asking rents from listings posted in August 2022. Changes compare against the nearest prior month with data.
O'Hare vs. Chicago — August 2022
| Bedrooms | O'Hare Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,345 | $1,095 | +$250 (+22.8%) |
| 1BR | $1,200 | $1,295 | −$95 (-7.3%) |
| 1BR | $1,378 | $1,295 | +$83 (+6.4%) |
| 2BR | $1,338 | $1,795 | −$457 (-25.5%) |
| 2BR | $1,375 | $1,795 | −$420 (-23.4%) |
| 3BR | $2,155 | $2,250 | −$95 (-4.2%) |
| 3BR | $1,700 | $2,250 | −$550 (-24.4%) |
| 4BR | $2,550 | $2,455 | +$95 (+3.9%) |
| 4BR | $2,550 | $2,455 | +$95 (+3.9%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in August 2022.