Monthly Rent Report
O'Hare Rent Report — November 2022
Asking rents in ZIP 60656, Chicago, from 133 listings.
Median 1BR rent in O'Hare was $1,485 in November 2022, down 4.8% (−$75) from October 2022 and up 56.3% year-over-year. The middle half of 1BR listings asked between $1,430 and $1,530. That puts O'Hare $85 above the Chicago citywide 1BR median of $1,400. The month's figures are based on 133 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2022 | Vs. November 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,345 | +$345 (+34.5%) | +$445 (+49.4%) | $1,250 – $1,385 | 15 |
| Studio | $1,345 | +$345 (+34.5%) | +$445 (+49.4%) | $1,250 – $1,385 | 15 |
| 1BR | $1,485 | −$75 (-4.8%) | +$535 (+56.3%) | $1,430 – $1,530 | 37 |
| 1BR | $950 | −$610 (-39.1%) | $0 (0.0%) | $950 – $950 | 1 |
| 2BR | $1,300 | −$700 (-35.0%) | −$50 (-3.7%) | $1,300 – $1,300 | 1 |
| 2BR | $2,030 | +$30 (+1.5%) | +$680 (+50.4%) | $1,538 – $2,090 | 14 |
| 3BR | $2,360 | $0 (0.0%) | +$15 (+0.6%) | $2,360 – $2,360 | 1 |
| 3BR | $1,900 | −$460 (-19.5%) | −$445 (-19.0%) | $1,900 – $1,900 | 1 |
| 4BR | $2,550 | $0 (0.0%) | $0 (0.0%) | $2,550 – $2,550 | 24 |
| 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 November 2022. Changes compare against the nearest prior month with data.
O'Hare vs. Chicago — November 2022
| Bedrooms | O'Hare Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,345 | $1,120 | +$225 (+20.1%) |
| Studio | $1,345 | $1,120 | +$225 (+20.1%) |
| 1BR | $1,485 | $1,400 | +$85 (+6.1%) |
| 1BR | $950 | $1,400 | −$450 (-32.1%) |
| 2BR | $1,300 | $1,700 | −$400 (-23.5%) |
| 2BR | $2,030 | $1,700 | +$330 (+19.4%) |
| 3BR | $2,360 | $2,100 | +$260 (+12.4%) |
| 3BR | $1,900 | $2,100 | −$200 (-9.5%) |
| 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 November 2022.