Monthly Rent Report
O'Hare Rent Report — December 2023
Asking rents in ZIP 60656, Chicago, from 214 listings.
Median 1BR rent in O'Hare was $1,565 in December 2023, up 0.2% (+$3) from November 2023 and up 10.6% year-over-year. The middle half of 1BR listings asked between $1,518 and $1,598. That puts O'Hare $110 above the Chicago citywide 1BR median of $1,455. The month's figures are based on 214 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2023 | Vs. December 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,470 | −$80 (-5.2%) | +$320 (+27.8%) | $1,384 – $1,525 | 42 |
| Studio | $1,348 | −$202 (-13.1%) | +$198 (+17.2%) | $1,291 – $1,416 | 8 |
| 1BR | $1,565 | +$3 (+0.2%) | +$150 (+10.6%) | $1,518 – $1,598 | 15 |
| 1BR | $1,520 | −$42 (-2.7%) | +$105 (+7.4%) | $1,495 – $1,591 | 64 |
| 2BR | $1,650 | +$300 (+22.2%) | +$285 (+20.9%) | $1,650 – $1,650 | 1 |
| 2BR | $1,650 | +$300 (+22.2%) | +$285 (+20.9%) | $1,575 – $1,650 | 3 |
| 3BR | $2,360 | +$110 (+4.9%) | +$80 (+3.5%) | $2,360 – $2,380 | 34 |
| 3BR | $2,360 | +$110 (+4.9%) | +$80 (+3.5%) | $2,360 – $2,360 | 12 |
| 4BR | $2,512 | $0 (0.0%) | −$38 (-1.5%) | $2,512 – $2,512 | 26 |
| 4BR | $2,512 | $0 (0.0%) | −$38 (-1.5%) | $2,512 – $2,512 | 9 |
Median, P25, and P75 are asking rents from listings posted in December 2023. Changes compare against the nearest prior month with data.
O'Hare vs. Chicago — December 2023
| Bedrooms | O'Hare Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,470 | $1,218 | +$253 (+20.7%) |
| Studio | $1,348 | $1,218 | +$130 (+10.7%) |
| 1BR | $1,565 | $1,455 | +$110 (+7.6%) |
| 1BR | $1,520 | $1,455 | +$65 (+4.5%) |
| 2BR | $1,650 | $1,800 | −$150 (-8.3%) |
| 2BR | $1,650 | $1,800 | −$150 (-8.3%) |
| 3BR | $2,360 | $2,472 | −$112 (-4.5%) |
| 3BR | $2,360 | $2,472 | −$112 (-4.5%) |
| 4BR | $2,512 | $2,630 | −$118 (-4.5%) |
| 4BR | $2,512 | $2,630 | −$118 (-4.5%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in December 2023.