Monthly Rent Report

O'Hare Rent Report — April 2024

Asking rents in ZIP 60656, Chicago, from 293 listings.

Median 1BR rent in O'Hare was $1,600 in April 2024, up 10.3% (+$150) from March 2024 and down 1.5% year-over-year. The middle half of 1BR listings asked between $1,600 and $1,600. That puts O'Hare $100 above the Chicago citywide 1BR median of $1,500. The month's figures are based on 293 listings across 10 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. March 2024Vs. April 2023P25–P75 RangeListings
Studio$1,370+$95 (+7.5%)−$165 (-10.7%)$1,250 – $1,42534
Studio$1,250−$25 (-2.0%)−$285 (-18.6%)$1,250 – $1,42021
1BR$1,600+$150 (+10.3%)−$25 (-1.5%)$1,600 – $1,6001
1BR$1,450$0 (0.0%)−$175 (-10.8%)$1,450 – $1,50660
2BR$1,890+$90 (+5.0%)−$420 (-18.2%)$1,295 – $2,03559
2BR$1,890+$90 (+5.0%)−$420 (-18.2%)$1,595 – $2,03542
3BR$2,515+$155 (+6.6%)+$155 (+6.6%)$2,515 – $2,61124
3BR$2,515+$155 (+6.6%)+$155 (+6.6%)$2,316 – $2,51518
4BR$2,512$0 (0.0%)−$135 (-5.1%)$2,512 – $2,51218
4BR$2,512$0 (0.0%)−$135 (-5.1%)$2,512 – $3,20016

Median, P25, and P75 are asking rents from listings posted in April 2024. Changes compare against the nearest prior month with data.

O'Hare vs. ChicagoApril 2024

BedroomsO'Hare MedianChicago Citywide MedianDifference
Studio$1,370$1,222+$148 (+12.1%)
Studio$1,250$1,222+$28 (+2.3%)
1BR$1,600$1,500+$100 (+6.7%)
1BR$1,450$1,500−$50 (-3.3%)
2BR$1,890$1,850+$40 (+2.2%)
2BR$1,890$1,850+$40 (+2.2%)
3BR$2,515$2,300+$215 (+9.3%)
3BR$2,515$2,300+$215 (+9.3%)
4BR$2,512$2,800−$288 (-10.3%)
4BR$2,512$2,800−$288 (-10.3%)

Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in April 2024.

Advertisement