Monthly Rent Report
O'Hare Rent Report — November 2023
Asking rents in ZIP 60656, Chicago, from 148 listings.
Median 1BR rent in O'Hare was $1,545 in November 2023, down 3.1% (−$50) from October 2023 and up 62.6% year-over-year. The middle half of 1BR listings asked between $1,515 and $1,555. That puts O'Hare $42 above the Chicago citywide 1BR median of $1,504. The month's figures are based on 148 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2023 | Vs. November 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,550 | +$95 (+6.5%) | +$205 (+15.2%) | $1,516 – $1,584 | 6 |
| Studio | $1,500 | +$45 (+3.1%) | +$155 (+11.5%) | $1,463 – $1,565 | 35 |
| 1BR | $1,545 | −$50 (-3.1%) | +$595 (+62.6%) | $1,515 – $1,555 | 9 |
| 1BR | $1,563 | −$32 (-2.0%) | +$613 (+64.5%) | $1,519 – $1,600 | 60 |
| 2BR | $1,350 | −$450 (-25.0%) | −$680 (-33.5%) | $1,350 – $1,350 | 1 |
| 2BR | $1,350 | −$450 (-25.0%) | −$680 (-33.5%) | $1,350 – $2,363 | 6 |
| 3BR | $2,250 | −$150 (-6.3%) | +$350 (+18.4%) | $2,250 – $2,250 | 2 |
| 3BR | $2,360 | −$40 (-1.7%) | +$460 (+24.2%) | $2,360 – $2,360 | 7 |
| 4BR | $2,512 | −$48 (-1.9%) | −$38 (-1.5%) | $2,512 – $2,512 | 15 |
| 4BR | $2,512 | −$48 (-1.9%) | −$38 (-1.5%) | $2,512 – $2,512 | 7 |
Median, P25, and P75 are asking rents from listings posted in November 2023. Changes compare against the nearest prior month with data.
O'Hare vs. Chicago — November 2023
| Bedrooms | O'Hare Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,550 | $1,160 | +$390 (+33.6%) |
| Studio | $1,500 | $1,160 | +$340 (+29.3%) |
| 1BR | $1,545 | $1,504 | +$42 (+2.8%) |
| 1BR | $1,563 | $1,504 | +$59 (+3.9%) |
| 2BR | $1,350 | $1,800 | −$450 (-25.0%) |
| 2BR | $1,350 | $1,800 | −$450 (-25.0%) |
| 3BR | $2,250 | $2,298 | −$47 (-2.1%) |
| 3BR | $2,360 | $2,298 | +$63 (+2.7%) |
| 4BR | $2,512 | $2,750 | −$238 (-8.7%) |
| 4BR | $2,512 | $2,750 | −$238 (-8.7%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in November 2023.