Monthly Rent Report
Pilsen Rent Report — May 2022
Asking rents in ZIP 60608, Chicago, from 22 listings.
Median 1BR rent in Pilsen was $1,575 in May 2022, up 8.6% (+$125) from April 2022 and up 21.6% year-over-year. The middle half of 1BR listings asked between $1,413 and $1,575. That puts Pilsen $278 above the Chicago citywide 1BR median of $1,298. The month's figures are based on 22 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2022 | Vs. May 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,000 | −$100 (-9.1%) | −$50 (-4.8%) | $1,000 – $1,000 | 1 |
| 1BR | $1,575 | +$125 (+8.6%) | +$280 (+21.6%) | $1,413 – $1,575 | 3 |
| 1BR | $1,350 | −$100 (-6.9%) | +$55 (+4.2%) | $1,350 – $1,350 | 1 |
| 2BR | $1,500 | +$250 (+20.0%) | +$225 (+17.6%) | $1,500 – $1,500 | 1 |
| 2BR | $1,800 | +$550 (+44.0%) | +$525 (+41.2%) | $1,800 – $1,800 | 1 |
| 3BR | $1,718 | −$607 (-26.1%) | −$282 (-14.1%) | $1,620 – $1,883 | 8 |
| 3BR | $2,150 | −$175 (-7.5%) | +$150 (+7.5%) | $1,875 – $2,175 | 3 |
| 4BR | $2,000 | +$55 (+2.8%) | +$175 (+9.6%) | $2,000 – $2,000 | 1 |
Median, P25, and P75 are asking rents from listings posted in May 2022. Changes compare against the nearest prior month with data.
Pilsen vs. Chicago — May 2022
| Bedrooms | Pilsen Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,000 | $1,050 | −$50 (-4.8%) |
| 1BR | $1,575 | $1,298 | +$278 (+21.4%) |
| 1BR | $1,350 | $1,298 | +$53 (+4.0%) |
| 2BR | $1,500 | $1,599 | −$99 (-6.2%) |
| 2BR | $1,800 | $1,599 | +$201 (+12.6%) |
| 3BR | $1,718 | $2,100 | −$382 (-18.2%) |
| 3BR | $2,150 | $2,100 | +$50 (+2.4%) |
| 4BR | $2,000 | $2,600 | −$600 (-23.1%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in May 2022.