Monthly Rent Report
O'Hare Rent Report — January 2023
Asking rents in ZIP 60656, Chicago, from 154 listings.
Median 1BR rent in O'Hare was $1,580 in January 2023, up 11.1% (+$158) from December 2022 and up 43.6% year-over-year. The middle half of 1BR listings asked between $1,528 and $1,610. That puts O'Hare $230 above the Chicago citywide 1BR median of $1,350. The month's figures are based on 154 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2022 | Vs. January 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,310 | +$160 (+13.9%) | +$435 (+49.7%) | $1,194 – $1,444 | 12 |
| Studio | $1,310 | +$160 (+13.9%) | +$435 (+49.7%) | $1,194 – $1,444 | 12 |
| 1BR | $1,580 | +$158 (+11.1%) | +$480 (+43.6%) | $1,528 – $1,610 | 27 |
| 1BR | $1,583 | +$160 (+11.2%) | +$483 (+43.9%) | $1,538 – $1,615 | 26 |
| 2BR | $1,995 | +$630 (+46.2%) | +$495 (+33.0%) | $1,883 – $2,130 | 24 |
| 2BR | $1,325 | −$40 (-2.9%) | −$175 (-11.7%) | $1,313 – $1,338 | 2 |
| 3BR | $2,360 | +$80 (+3.5%) | +$15 (+0.6%) | $2,360 – $2,360 | 33 |
| 3BR | $2,025 | −$255 (-11.2%) | −$320 (-13.6%) | $1,938 – $2,100 | 4 |
| 4BR | $2,550 | $0 (0.0%) | $0 (0.0%) | $2,550 – $3,128 | 7 |
| 4BR | $2,550 | $0 (0.0%) | $0 (0.0%) | $2,550 – $3,128 | 7 |
Median, P25, and P75 are asking rents from listings posted in January 2023. Changes compare against the nearest prior month with data.
O'Hare vs. Chicago — January 2023
| Bedrooms | O'Hare Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,310 | $1,061 | +$249 (+23.4%) |
| Studio | $1,310 | $1,061 | +$249 (+23.4%) |
| 1BR | $1,580 | $1,350 | +$230 (+17.0%) |
| 1BR | $1,583 | $1,350 | +$233 (+17.2%) |
| 2BR | $1,995 | $1,698 | +$298 (+17.5%) |
| 2BR | $1,325 | $1,698 | −$372 (-21.9%) |
| 3BR | $2,360 | $2,123 | +$238 (+11.2%) |
| 3BR | $2,025 | $2,123 | −$97 (-4.6%) |
| 4BR | $2,550 | $2,417 | +$134 (+5.5%) |
| 4BR | $2,550 | $2,417 | +$134 (+5.5%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in January 2023.