Monthly Rent Report
O'Hare Rent Report — June 2024
Asking rents in ZIP 60656, Chicago, from 360 listings.
Median 1BR rent in O'Hare was $1,445 in June 2024, up 25.7% (+$295) from May 2024 and up 5.1% year-over-year. The middle half of 1BR listings asked between $1,445 and $1,445. That puts O'Hare $54 below the Chicago citywide 1BR median of $1,499. The month's figures are based on 360 listings across 11 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2024 | Vs. June 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,320 | +$15 (+1.1%) | +$13 (+1.0%) | $1,320 – $1,320 | 2 |
| Studio | $1,370 | +$65 (+5.0%) | +$63 (+4.8%) | $1,260 – $1,405 | 60 |
| 1BR | $1,445 | +$295 (+25.7%) | +$70 (+5.1%) | $1,445 – $1,445 | 1 |
| 1BR | $1,465 | +$315 (+27.4%) | +$90 (+6.5%) | $1,431 – $1,500 | 114 |
| 2BR | $1,900 | +$550 (+40.7%) | +$125 (+7.0%) | $1,350 – $2,065 | 91 |
| 2BR | $1,850 | +$500 (+37.0%) | +$75 (+4.2%) | $1,850 – $1,850 | 1 |
| 3BR | $2,200 | −$315 (-12.5%) | +$100 (+4.8%) | $2,200 – $2,200 | 1 |
| 3BR | $2,515 | $0 (0.0%) | +$415 (+19.8%) | $2,250 – $2,515 | 42 |
| 4BR | $2,512 | $0 (0.0%) | −$135 (-5.1%) | $2,512 – $2,512 | 30 |
| 4BR | $2,512 | $0 (0.0%) | −$135 (-5.1%) | $2,300 – $2,512 | 17 |
Median, P25, and P75 are asking rents from listings posted in June 2024. Changes compare against the nearest prior month with data.
O'Hare vs. Chicago — June 2024
| Bedrooms | O'Hare Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,320 | $1,149 | +$171 (+14.9%) |
| Studio | $1,370 | $1,149 | +$221 (+19.2%) |
| 1BR | $1,445 | $1,499 | −$54 (-3.6%) |
| 1BR | $1,465 | $1,499 | −$34 (-2.3%) |
| 2BR | $1,900 | $1,899 | +$1 (+0.1%) |
| 2BR | $1,850 | $1,899 | −$49 (-2.6%) |
| 3BR | $2,200 | $2,395 | −$195 (-8.1%) |
| 3BR | $2,515 | $2,395 | +$120 (+5.0%) |
| 4BR | $2,512 | $2,698 | −$185 (-6.9%) |
| 4BR | $2,512 | $2,698 | −$185 (-6.9%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in June 2024.