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Ohare Rent Trends

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

Data through September 2026 · Last updated October 7, 2026 · Next release: early November 2026

Median asking rent
$1,514
Effective rent
$1,368
Vs. Chicago median
-40%
Avg days to lease
38
Active rentals now
104

Asking vs. effective rent over time

$1.4k$1.6k$1.7k$1.9kJul ’23Jan ’24Jul ’24Feb ’25Aug ’25Feb ’26Sep ’26
Asking rentEffective rent (after concessions)Concession spread
Studio
$1,433
— YoY · as of September 2026
1 bedroom
$1,501
— YoY · as of September 2026
2 bedroom
$1,973
— YoY · as of September 2026
3+ bedroom
$3,449
— YoY · as of August 2026

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

Data through September 2026 · Last updated October 7, 2026 · Next release: early November 2026

Ohare renting, answered

What is the average rent in Ohare?
As of September 2026, the median asking rent in Ohare is $1,514 per month, based on 273 leased listings. By size, the median is $1,501 for a 1 bedroom and $1,973 for a 2 bedroom.
Is Ohare more expensive than Chicago overall?
Ohare's median asking rent is 40% below the Chicago citywide median of $2,505.
How quickly do rentals lease in Ohare?
Over the last 90 days, rentals in Ohare leased in an average of 38 days, with 104 active listings on the market right now.

Beyond the numbers

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