Monthly Rent Report
O'Hare Rent Report — July 2024
Asking rents in ZIP 60656, Chicago, from 133 listings.
Median 1BR rent in O'Hare was $1,595 in July 2024, up 10.4% (+$150) from June 2024 and up 11.9% year-over-year. The middle half of 1BR listings asked between $1,545 and $1,644. That puts O'Hare $35 above the Chicago citywide 1BR median of $1,560. The month's figures are based on 133 listings across 11 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2024 | Vs. July 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,368 | +$48 (+3.6%) | +$105 (+8.3%) | $1,260 – $1,394 | 22 |
| Studio | $1,320 | $0 (0.0%) | +$58 (+4.6%) | $1,320 – $1,320 | 1 |
| 1BR | $1,595 | +$150 (+10.4%) | +$170 (+11.9%) | $1,545 – $1,644 | 28 |
| 1BR | $1,520 | +$75 (+5.2%) | +$95 (+6.7%) | $1,485 – $1,520 | 3 |
| 2BR | $1,850 | −$50 (-2.6%) | +$170 (+10.1%) | $1,850 – $1,850 | 1 |
| 2BR | $1,295 | −$605 (-31.8%) | −$385 (-22.9%) | $1,295 – $1,963 | 27 |
| 3BR | $2,350 | +$150 (+6.8%) | −$10 (-0.4%) | $2,150 – $2,515 | 19 |
| 3BR | $2,515 | +$315 (+14.3%) | +$155 (+6.6%) | $2,515 – $2,515 | 14 |
| 4BR | $2,512 | $0 (0.0%) | −$135 (-5.1%) | $2,512 – $2,512 | 3 |
| 4BR | $2,512 | $0 (0.0%) | −$135 (-5.1%) | $2,512 – $2,512 | 14 |
Median, P25, and P75 are asking rents from listings posted in July 2024. Changes compare against the nearest prior month with data.
O'Hare vs. Chicago — July 2024
| Bedrooms | O'Hare Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,368 | $1,218 | +$149 (+12.3%) |
| Studio | $1,320 | $1,218 | +$102 (+8.4%) |
| 1BR | $1,595 | $1,560 | +$35 (+2.2%) |
| 1BR | $1,520 | $1,560 | −$40 (-2.6%) |
| 2BR | $1,850 | $1,805 | +$45 (+2.5%) |
| 2BR | $1,295 | $1,805 | −$510 (-28.3%) |
| 3BR | $2,350 | $2,363 | −$12 (-0.5%) |
| 3BR | $2,515 | $2,363 | +$153 (+6.5%) |
| 4BR | $2,512 | $2,789 | −$277 (-9.9%) |
| 4BR | $2,512 | $2,789 | −$277 (-9.9%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in July 2024.