AbodeABODE

Ohare Rent Trends

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

Data through July 2026 · Last updated August 7, 2026 · Next release: early September 2026

Median asking rent
$1,533
Effective rent
$1,450
Vs. Chicago median
-39%
Avg days to lease
32
Active rentals now
103

Asking vs. effective rent over time

$1.4k$1.6k$1.7k$1.9kJul ’23Jan ’24Jul ’24Feb ’25Aug ’25Feb ’26Jul ’26
Asking rentEffective rent (after concessions)Concession spread
Studio
$1,387
-4.3% YoY · as of July 2026
1 bedroom
$1,533
-1.8% YoY · as of July 2026
2 bedroom
$1,942
-8.2% YoY · as of July 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 July 2026 · Last updated August 7, 2026 · Next release: early September 2026

Ohare renting, answered

What is the average rent in Ohare?
As of July 2026, the median asking rent in Ohare is $1,533 per month, based on 110 leased listings. By size, the median is $1,533 for a 1 bedroom and $1,942 for a 2 bedroom.
Are rents in Ohare going up or down?
Median asking rent in Ohare is down 1.8% compared with a year ago.
Is Ohare more expensive than Chicago overall?
Ohare's median asking rent is 39% 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 32 days, with 103 active listings on the market right now.

Beyond the numbers

Get to know Ohare

Restaurants, parks, transit, and what living here actually feels like — in our full neighborhood guide.

Read the Ohare guide →

Thinking about Ohare?

A dedicated Abode agent who knows the block-by-block market — free for renters.