The Most and Least Expensive Areas to Rent in O'Hare, Chicago, IL

O'Hare renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in dark green areas.

 

O'Hare, Chicago, IL of rent costs by neighborhood
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Rental Price Key

High-end
Mid-tier
Most affordable

On average, the cost of rent in O'Hare is about $1,243 per month. This puts it in the 61st percentile compared to the city average cost of rent, which is $1,422. Households in O'Hare have a median income of $5,207 per month so the average renter in O'Hare is spending roughly 24% of their earnings on housing.

Nationally, and in O'Hare, home values are the data point most closely correlated with the cost of rent. The median price of a home in O'Hare is $226,607 right now, which is lower than nearby neighborhoods, meaning that rents in O'Hare also tend to be lower versus these nearby neighborhoods.

Higher rent prices are common in the northwestern parts of O'Hare while lower rent rates are often available in western areas.

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