Monthly Rent Report
O'Hare Rent Report — September 2023
Asking rents in ZIP 60656, Chicago, from 33 listings.
Median 1BR rent in O'Hare was $1,300 in September 2023, down 16.7% (−$260) from August 2023. The middle half of 1BR listings asked between $1,300 and $1,300. That puts O'Hare $150 below the Chicago citywide 1BR median of $1,450. The month's figures are based on 33 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2023 | Vs. September 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,440 | +$135 (+10.3%) | +$490 (+51.6%) | $1,398 – $1,443 | 3 |
| 1BR | $1,300 | −$260 (-16.7%) | — | $1,300 – $1,300 | 2 |
| 2BR | $1,600 | −$115 (-6.7%) | +$325 (+25.5%) | $1,600 – $1,600 | 1 |
| 2BR | $1,295 | −$420 (-24.5%) | +$20 (+1.6%) | $1,295 – $1,295 | 7 |
| 3BR | $2,360 | $0 (0.0%) | +$965 (+69.2%) | $1,978 – $2,540 | 6 |
| 3BR | $1,800 | −$560 (-23.7%) | +$405 (+29.0%) | $1,800 – $1,950 | 3 |
| 4BR | $2,560 | $0 (0.0%) | +$10 (+0.4%) | $2,560 – $2,560 | 8 |
| 4BR | $2,560 | $0 (0.0%) | +$10 (+0.4%) | $2,560 – $2,560 | 3 |
Median, P25, and P75 are asking rents from listings posted in September 2023. Changes compare against the nearest prior month with data.
O'Hare vs. Chicago — September 2023
| Bedrooms | O'Hare Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,440 | $1,238 | +$203 (+16.4%) |
| 1BR | $1,300 | $1,450 | −$150 (-10.3%) |
| 2BR | $1,600 | $1,738 | −$137 (-7.9%) |
| 2BR | $1,295 | $1,738 | −$442 (-25.5%) |
| 3BR | $2,360 | $2,327 | +$33 (+1.4%) |
| 3BR | $1,800 | $2,327 | −$527 (-22.6%) |
| 4BR | $2,560 | $2,783 | −$223 (-8.0%) |
| 4BR | $2,560 | $2,783 | −$223 (-8.0%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in September 2023.