Average Rent in O'Hare, Chicago, IL

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Current Versus Historical O'Hare, Chicago, IL Rents

O'Hare rentals average $0 for a 3-bedroom rental to $0 for a 3-bedroom rental. The median price of all currently available listings is $2,300, or roughly $0 per square feet.
For the apartment units and housing in May 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have decreased by $1,056 (-97.69%) year-over-year from $1,081 to $25. 1-bedroom rentals prices have increased by $29 (2.63%) year-over-year from $1,121 to $1,150. 2-bedroom rentals prices have increased by $258 (14.83%) year-over-year from $1,742 to $2,000. 3-bedroom rentals prices have increased by $50 (2.22%) year-over-year from $2,250 to $2,300. 4-bedroom rentals prices have increased by $0 (0.00%) year-over-year from $2,750 to $2,750. Note that this figure includes all active and rented listings throughout the month.
Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone down by 0.00% this month. 1-bedroom rents have gone down by 0.00% this month. 2-bedroom rents have gone down by 0.00% this month. 3-bedroom rents have gone down by 0.00% this month. 4-bedroom rents have gone down by 0.00% this month.
Beds
Price / Sqft
May 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)

Historical Rents in O'Hare, Chicago, IL

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near O'Hare

There are a total of 6 cities nearby O'Hare. The average rent in O'Hare is currently $2,258 per month. A total of 3 cities nearby have an average rent lower than that. Our records show that Chicago, IL, with an average rent of $2,095, is the most affordable city nearby. In contrast, the most expensive city near O'Hare, Chicago, IL is Naperville, IL. Monthly rents here are on average $2,790 per month.

Let's compare O'Hare, Chicago, IL's rent against other top cities nearby by bedroom size. One bedrooms are about inf% more affordable. Two bedrooms in O'Hare, Chicago, IL are about inf% more affordable. Finally, rent for three bedrooms are about inf% more affordable. Want more information? Check out the top 6 cities near O'Hare, Chicago, IL in the following chart.
City Studio 1 Bed 2 Bed All
Chicago, IL $1,300 $1,745 $2,300 $2,095
Evanston, IL $1,043 $1,700 $2,150 $2,145
Schaumburg, IL N/A $1,995 $2,350 $2,195
Wheaton, IL N/A $1,965 $2,320 $2,320
Aurora, IL N/A $1,300 $2,100 $2,325
Naperville, IL N/A $1,650 $2,200 $2,790

Top Neighborhoods Near O'Hare

There are a total of 15 neighborhoods in or near O'Hare. Some of these neighborhoods include Edgewater, Rogers Park, and Albany Park. We've included all of these top 15 neighborhoods in or near O'Hare, Chicago, IL in the following chart.

The average rent for these 15 neighborhoods in or near O'Hare, Chicago, IL is currently around $2,000 per month. A total of 11 neighborhoods have a lower average rent. Meaning, only four neighborhoods have a higher average rent than $2,000. Out of all the neighborhoods in or near O'Hare, Edgewater has the most affordable average rent at $1,550 per month. Whereas, at $3,000 average rent per month, Near North Side is the most expensive neighborhood in or near O'Hare. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Edgewater, Chicago, IL $1,126 $1,550 $2,150 $1,550
Rogers Park, Chicago, IL $1,150 $1,375 $1,850 $1,600
Albany Park, Chicago, IL $1,045 $1,420 $1,863 $1,650
Uptown, Chicago, IL $1,125 $1,625 $2,600 $1,695
West Rogers Park, Chicago, IL $1,200 $1,325 $1,825 $1,725
Ravenswood, Chicago, IL $1,220 $1,623 $2,650 $1,775
Logan Square, Chicago, IL $1,250 $1,795 $2,000 $1,911
Humboldt Park, Chicago, IL $2,100 $1,450 $1,825 $2,000
Lincoln Park, Chicago, IL $1,450 $1,875 $3,050 $2,095
Lakeview, Chicago, IL $1,463 $1,940 $2,595 $2,100
Hyde Park, Chicago, IL $1,275 $1,650 $1,875 $2,299
DePaul, Chicago, IL $1,670 $2,295 $2,400 $2,393
The Loop, Chicago, IL N/A $2,500 $3,450 $2,723
South Loop, Chicago, IL N/A $2,248 $3,000 $2,995
Near North Side, Chicago, IL $1,788 $2,399 $3,600 $3,000

Top Counties Near O'Hare

There are a total of 15 counties located by O'Hare, Chicago, IL. Some of these counties include Chicago, IL, Schaumburg, IL, and Evanston, IL. The average rent for rentals in these counties is $2,169. That's roughly around $2 per sqft. A total of 4 counties have a lower average rent. The county that is the most affordable is Chicago, IL. It's average rent per month is $2,095. Vice versa, with an average rent of $2,575, Naperville, IL is the most expensive county by O'Hare, Chicago, IL.

In comparison, rent for one bedroom listings in O'Hare, Chicago, IL is inf% more affordable than other counties nearby. Finally, rent for two bedrooms in O'Hare, Chicago, IL is inf% more affordable than other counties nearby. We've listed the top 6 counties in the chart below.
County Studio 1 Bed 2 Bed All
Chicago, IL $1,300 $1,745 $2,300 $2,095
Schaumburg, IL N/A $1,995 $2,350 $2,138
Evanston, IL $1,043 $1,700 $2,150 $2,145
Downers Grove, IL N/A $1,822 $2,209 $2,193
Milton, IL N/A $1,963 $2,320 $2,320
Naperville, IL N/A $1,663 $2,198 $2,575

Top Zipcodes Near O'Hare

There are a total of 20 zipcodes in or near O'Hare, Chicago, IL. The average rent for all of these zipcodes is $2,097. A total of 13 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 60641, Chicago, IL at $1,500 per month. In comparison, the zipcode with the most expensive average rent of $3,500 per month is 60611, Chicago, IL.

Studios in these zipcodes have an average rent of $1,250. That's at least $3 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near O'Hare, Chicago, IL is $1,790 per month. Or in other words, $3 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,405 per month. Which comes out to $2 per sqft. The following chart includes the top 10 zipcodes in O'Hare, Chicago, IL. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
60641, Chicago, IL $1,050 $1,300 $1,650 $1,500
60625, Chicago, IL $1,125 $1,513 $2,100 $1,700
60618, Chicago, IL $1,300 $1,493 $1,900 $1,950
60645, Chicago, IL $1,200 $1,325 $1,900 $1,800
60647, Chicago, IL $1,250 $1,848 $2,150 $2,050
60660, Chicago, IL $1,135 $1,525 $1,950 $1,550
60626, Chicago, IL $1,150 $1,400 $1,850 $1,600
60640, Chicago, IL $1,135 $1,600 $2,475 $1,648
60622, Chicago, IL $1,890 $2,100 $2,495 $2,500
60613, Chicago, IL $1,450 $1,733 $2,595 $2,145

Frequently Asked Questions - O'Hare Average Rents

What is the average rent price in O'Hare, Chicago, IL?
The average monthly rental price for O'Hare, Chicago, IL apartments for rent is approximately $2,300. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do O'Hare, Chicago, IL rent prices drop in winter?
Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in O'Hare, Chicago, IL.
How much is a studio apartment in O'Hare, Chicago, IL?
The average monthly rental price for studio apartments is $0 and an average price per square feet of $0.00. There are a total of 0 studio apartment listings currently available for rent in O'Hare.
How much is a one bedroom apartment in O'Hare, Chicago, IL?
The average monthly rental price for one bedroom apartments is $0 and an average price per square feet of $0.00. There are a total of 0 one bedroom apartment listings currently available for rent in O'Hare.
How much is a two bedroom apartment in O'Hare, Chicago, IL?
The average monthly rental price for two bedroom apartments is $0 and an average price per square feet of $0.00. There are a total of 0 two bedroom apartment listings currently available for rent in O'Hare.
How have rent prices in O'Hare, Chicago, IL changed this year?
Rent prices for rentals in O'Hare, Chicago, IL can fluctuate yearly. Specifically, studio rental prices have changed by -0.98%, one bedroom rental prices have changed by 0.03%, two bedroom rental prices have changed by 0.15%, and three bedroom rental prices have changed by 0.02% year-over-year.
What is a reasonable rent price in O'Hare, Chicago, IL?
A reasonable rent price in O'Hare, Chicago, IL is around $1,840/month. You can search for these reasonably priced rental listings on RentHop.
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