Monthly Rent Report

O'Hare Rent Report — June 2023

Asking rents in ZIP 60656, Chicago, from 199 listings.

Median 1BR rent in O'Hare was $1,375 in June 2023, down 1.1% (−$15) from May 2023 and up 10.0% year-over-year. The middle half of 1BR listings asked between $1,313 and $1,438. That puts O'Hare $25 below the Chicago citywide 1BR median of $1,400. The month's figures are based on 199 listings across 10 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. May 2023Vs. June 2022P25–P75 RangeListings
Studio$1,308+$13 (+1.0%)$1,269 – $1,37520
Studio$1,308+$13 (+1.0%)$1,269 – $1,37520
1BR$1,375−$15 (-1.1%)+$125 (+10.0%)$1,313 – $1,4382
1BR$1,375−$15 (-1.1%)+$125 (+10.0%)$1,339 – $1,44636
2BR$1,550−$342 (-18.1%)+$150 (+10.7%)$1,550 – $1,5501
2BR$1,775−$117 (-6.2%)+$375 (+26.8%)$1,295 – $1,88355
3BR$2,100−$305 (-12.7%)+$150 (+7.7%)$2,100 – $2,1001
3BR$2,360−$45 (-1.9%)+$410 (+21.0%)$2,214 – $2,36028
4BR$2,647$0 (0.0%)+$152 (+6.1%)$2,647 – $2,64718
4BR$2,647$0 (0.0%)+$152 (+6.1%)$2,647 – $2,64718

Median, P25, and P75 are asking rents from listings posted in June 2023. Changes compare against the nearest prior month with data.

O'Hare vs. ChicagoJune 2023

BedroomsO'Hare MedianChicago Citywide MedianDifference
Studio$1,308$1,243+$65 (+5.2%)
Studio$1,308$1,243+$65 (+5.2%)
1BR$1,375$1,400−$25 (-1.8%)
1BR$1,375$1,400−$25 (-1.8%)
2BR$1,550$1,700−$150 (-8.8%)
2BR$1,775$1,700+$75 (+4.4%)
3BR$2,100$2,275−$175 (-7.7%)
3BR$2,360$2,275+$85 (+3.7%)
4BR$2,647$2,500+$147 (+5.9%)
4BR$2,647$2,500+$147 (+5.9%)

Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in June 2023.

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