Monthly Rent Report
O'Hare Rent Report — October 2024
Asking rents in ZIP 60656, Chicago, from 77 listings.
Median 1BR rent in O'Hare was $1,621 in October 2024, up 9.3% (+$138) from September 2024 and up 20.0% year-over-year. The middle half of 1BR listings asked between $1,583 and $1,680. That puts O'Hare $184 above the Chicago citywide 1BR median of $1,437. The month's figures are based on 77 listings across 6 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2024 | Vs. October 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,475 | +$85 (+6.1%) | +$20 (+1.4%) | $1,443 – $1,518 | 23 |
| 1BR | $1,621 | +$138 (+9.3%) | +$271 (+20.0%) | $1,583 – $1,680 | 44 |
| 2BR | $1,925 | −$475 (-19.8%) | +$125 (+6.9%) | $1,925 – $1,925 | 1 |
| 2BR | $2,800 | +$400 (+16.7%) | +$1,000 (+55.6%) | $2,800 – $2,800 | 2 |
| 3BR | $3,025 | +$625 (+26.0%) | +$625 (+26.0%) | $2,738 – $3,200 | 6 |
| 4BR | $3,300 | +$788 (+31.4%) | +$740 (+28.9%) | $3,300 – $3,300 | 1 |
Median, P25, and P75 are asking rents from listings posted in October 2024. Changes compare against the nearest prior month with data.
O'Hare vs. Chicago — October 2024
| Bedrooms | O'Hare Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,475 | $1,298 | +$178 (+13.7%) |
| 1BR | $1,621 | $1,437 | +$184 (+12.8%) |
| 2BR | $1,925 | $1,770 | +$156 (+8.8%) |
| 2BR | $2,800 | $1,770 | +$1,031 (+58.2%) |
| 3BR | $3,025 | $2,305 | +$720 (+31.2%) |
| 4BR | $3,300 | $2,995 | +$305 (+10.2%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in October 2024.