Monthly Rent Report
O'Hare Rent Report — November 2024
Asking rents in ZIP 60656, Chicago, from 50 listings.
Median 1BR rent in O'Hare was $1,695 in November 2024, up 4.6% (+$75) from October 2024 and up 8.5% year-over-year. The middle half of 1BR listings asked between $1,695 and $1,695. That puts O'Hare $120 above the Chicago citywide 1BR median of $1,575. The month's figures are based on 50 listings across 6 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2024 | Vs. November 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,521 | +$46 (+3.1%) | −$29 (-1.9%) | $1,363 – $1,546 | 35 |
| 1BR | $1,695 | +$75 (+4.6%) | +$133 (+8.5%) | $1,695 – $1,695 | 1 |
| 2BR | $1,750 | −$175 (-9.1%) | +$400 (+29.6%) | $1,750 – $1,750 | 2 |
| 2BR | $1,750 | −$175 (-9.1%) | +$400 (+29.6%) | $1,750 – $1,750 | 2 |
| 3BR | $2,600 | −$425 (-14.0%) | +$240 (+10.2%) | $2,250 – $3,325 | 6 |
| 4BR | $3,193 | −$107 (-3.2%) | +$681 (+27.1%) | $3,193 – $3,197 | 4 |
Median, P25, and P75 are asking rents from listings posted in November 2024. Changes compare against the nearest prior month with data.
O'Hare vs. Chicago — November 2024
| Bedrooms | O'Hare Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,521 | $1,292 | +$229 (+17.7%) |
| 1BR | $1,695 | $1,575 | +$120 (+7.6%) |
| 2BR | $1,750 | $1,945 | −$195 (-10.0%) |
| 2BR | $1,750 | $1,945 | −$195 (-10.0%) |
| 3BR | $2,600 | $2,200 | +$400 (+18.2%) |
| 4BR | $3,193 | $2,990 | +$203 (+6.8%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in November 2024.