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Ohare Rent Trends

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

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

Median asking rent
$1,518
Effective rent
$1,310
Vs. Chicago median
-38%
Avg days to lease
18
Active rentals now
107

Asking vs. effective rent over time

$1.3k$1.5k$1.6k$1.9kJul ’23Feb ’24Sep ’24May ’25Dec ’25Oct ’26
Asking rentEffective rent (after concessions)Concession spread
Studio
$1,457
— YoY · as of October 2026
1 bedroom
$1,500
— YoY · as of October 2026
2 bedroom
$1,934
— YoY · as of October 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 October 2026 · Last updated November 7, 2026 · Next release: early December 2026

Ohare renting, answered

What is the average rent in Ohare?
As of October 2026, the median asking rent in Ohare is $1,518 per month, based on 229 leased listings. By size, the median is $1,500 for a 1 bedroom and $1,934 for a 2 bedroom.
Is Ohare more expensive than Chicago overall?
Ohare's median asking rent is 38% below the Chicago citywide median of $2,450.
How quickly do rentals lease in Ohare?
Over the last 90 days, rentals in Ohare leased in an average of 18 days, with 107 active listings on the market right now.

Beyond the numbers

Get to know Ohare

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