Monthly Rent Report
O'Hare Rent Report — October 2022
Asking rents in ZIP 60656, Chicago, from 120 listings.
Median 1BR rent in O'Hare was $1,560 in October 2022 and up 30.0% year-over-year. The middle half of 1BR listings asked between $1,500 and $1,615. That puts O'Hare $243 above the Chicago citywide 1BR median of $1,318. The month's figures are based on 120 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2022 | Vs. October 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,000 | +$50 (+5.3%) | +$100 (+11.1%) | $1,000 – $1,000 | 1 |
| Studio | $1,360 | +$410 (+43.2%) | +$460 (+51.1%) | $1,320 – $1,400 | 5 |
| 1BR | $1,560 | — | +$360 (+30.0%) | $1,500 – $1,615 | 13 |
| 1BR | $1,585 | — | +$385 (+32.1%) | $1,540 – $1,615 | 11 |
| 2BR | $2,000 | +$725 (+56.9%) | +$650 (+48.1%) | $1,500 – $2,020 | 9 |
| 2BR | $1,650 | +$375 (+29.4%) | +$300 (+22.2%) | $1,650 – $1,650 | 1 |
| 3BR | $2,360 | +$360 (+18.0%) | +$15 (+0.6%) | $2,360 – $2,360 | 22 |
| 3BR | $2,360 | +$360 (+18.0%) | +$15 (+0.6%) | $2,360 – $2,360 | 17 |
| 4BR | $2,550 | $0 (0.0%) | $0 (0.0%) | $2,550 – $2,550 | 17 |
| 4BR | $2,550 | $0 (0.0%) | $0 (0.0%) | $2,550 – $2,550 | 24 |
Median, P25, and P75 are asking rents from listings posted in October 2022. Changes compare against the nearest prior month with data.
O'Hare vs. Chicago — October 2022
| Bedrooms | O'Hare Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,000 | $1,050 | −$50 (-4.8%) |
| Studio | $1,360 | $1,050 | +$310 (+29.5%) |
| 1BR | $1,560 | $1,318 | +$243 (+18.4%) |
| 1BR | $1,585 | $1,318 | +$268 (+20.3%) |
| 2BR | $2,000 | $1,700 | +$300 (+17.6%) |
| 2BR | $1,650 | $1,700 | −$50 (-2.9%) |
| 3BR | $2,360 | $2,190 | +$170 (+7.8%) |
| 3BR | $2,360 | $2,190 | +$170 (+7.8%) |
| 4BR | $2,550 | $2,478 | +$73 (+2.9%) |
| 4BR | $2,550 | $2,478 | +$73 (+2.9%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in October 2022.