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Ohare Rent Trends

Chicago, IL · June 2026 · Abode managed-community data (includes concession-adjusted effective rents)

Data through June 2026 · Last updated July 8, 2026 · Next release: early August 2026

Median asking rent
$1,586
Effective rent
$1,583
Vs. Chicago median
-37%
Avg days to lease
24
Active rentals now
115

Asking vs. effective rent over time

$1.4k$1.6k$1.7k$1.9kJul ’23Jan ’24Jul ’24Feb ’25Aug ’25Feb ’26Jun ’26
Asking rentEffective rent (after concessions)Concession spread
Studio
$1,430
+5.9% YoY · as of June 2026
1 bedroom
$1,586
-0.6% YoY · as of June 2026
2 bedroom
$2,007
-7.2% YoY · as of June 2026
3+ bedroom
$3,328
YoY · as of April 2026

Source: MLS (leased rental listings) + Abode managed communities (Dynamics 365). Figures suppressed below 10 listings/month. Methodology

Data through June 2026 · Last updated July 8, 2026 · Next release: early August 2026

Ohare renting, answered

What is the average rent in Ohare?
As of June 2026, the median asking rent in Ohare is $1,586 per month, based on 162 leased listings. By size, the median is $1,586 for a 1 bedroom and $2,007 for a 2 bedroom.
Are rents in Ohare going up or down?
Median asking rent in Ohare is down 0.6% compared with a year ago.
Is Ohare more expensive than Chicago overall?
Ohare's median asking rent is 37% below the Chicago citywide median of $2,500.
How quickly do rentals lease in Ohare?
Over the last 90 days, rentals in Ohare leased in an average of 24 days, with 115 active listings on the market right now.

Beyond the numbers

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