Monthly Rent Report
O'Hare Rent Report — December 2022
Asking rents in ZIP 60656, Chicago, from 94 listings.
Median 1BR rent in O'Hare was $1,423 in December 2022, up 49.7% (+$473) from November 2022. The middle half of 1BR listings asked between $1,360 and $1,451. That puts O'Hare $78 above the Chicago citywide 1BR median of $1,345. The month's figures are based on 94 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2022 | Vs. December 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,150 | −$195 (-14.5%) | +$250 (+27.8%) | $1,140 – $1,295 | 5 |
| Studio | $1,165 | −$180 (-13.4%) | +$265 (+29.4%) | $1,143 – $1,318 | 11 |
| 1BR | $1,423 | +$473 (+49.7%) | — | $1,360 – $1,451 | 16 |
| 1BR | $1,415 | +$465 (+48.9%) | — | $1,370 – $1,478 | 7 |
| 2BR | $1,400 | −$630 (-31.0%) | −$150 (-9.7%) | $1,374 – $1,869 | 14 |
| 2BR | $1,365 | −$665 (-32.8%) | −$185 (-11.9%) | $1,365 – $1,365 | 2 |
| 3BR | $2,360 | +$460 (+24.2%) | +$15 (+0.6%) | $2,360 – $2,360 | 19 |
| 3BR | $2,280 | +$380 (+20.0%) | −$65 (-2.8%) | $2,240 – $2,320 | 2 |
| 4BR | $2,550 | $0 (0.0%) | $0 (0.0%) | $2,550 – $2,550 | 12 |
| 4BR | $2,550 | $0 (0.0%) | $0 (0.0%) | $2,550 – $2,550 | 6 |
Median, P25, and P75 are asking rents from listings posted in December 2022. Changes compare against the nearest prior month with data.
O'Hare vs. Chicago — December 2022
| Bedrooms | O'Hare Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,150 | $1,050 | +$100 (+9.5%) |
| Studio | $1,165 | $1,050 | +$115 (+11.0%) |
| 1BR | $1,423 | $1,345 | +$78 (+5.8%) |
| 1BR | $1,415 | $1,345 | +$70 (+5.2%) |
| 2BR | $1,400 | $1,675 | −$275 (-16.4%) |
| 2BR | $1,365 | $1,675 | −$310 (-18.5%) |
| 3BR | $2,360 | $2,181 | +$179 (+8.2%) |
| 3BR | $2,280 | $2,181 | +$99 (+4.5%) |
| 4BR | $2,550 | $2,589 | −$39 (-1.5%) |
| 4BR | $2,550 | $2,589 | −$39 (-1.5%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in December 2022.