Monthly Rent Report
Pilsen Rent Report — August 2022
Asking rents in ZIP 60608, Chicago, from 47 listings.
Median 1BR rent in Pilsen was $1,500 in August 2022, up 36.4% (+$400) from July 2022 and up 0.3% year-over-year. The middle half of 1BR listings asked between $1,500 and $1,500. That puts Pilsen $205 above the Chicago citywide 1BR median of $1,295. The month's figures are based on 47 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2022 | Vs. August 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,500 | +$400 (+36.4%) | +$5 (+0.3%) | $1,500 – $1,500 | 1 |
| 1BR | $1,100 | $0 (0.0%) | −$395 (-26.4%) | $1,100 – $1,100 | 2 |
| 2BR | $1,525 | −$325 (-17.6%) | +$128 (+9.1%) | $1,438 – $1,674 | 4 |
| 2BR | $1,495 | −$355 (-19.2%) | +$98 (+7.0%) | $1,495 – $1,495 | 1 |
| 3BR | $2,400 | −$350 (-12.7%) | +$863 (+56.1%) | $2,400 – $2,400 | 1 |
| 3BR | $2,298 | −$452 (-16.5%) | +$760 (+49.4%) | $2,249 – $2,346 | 2 |
| 4BR | $2,900 | +$128 (+4.6%) | +$1,205 (+71.1%) | $2,500 – $3,463 | 26 |
| 4BR | $1,375 | −$1,397 (-50.4%) | −$320 (-18.9%) | $1,375 – $1,375 | 1 |
Median, P25, and P75 are asking rents from listings posted in August 2022. Changes compare against the nearest prior month with data.
Pilsen vs. Chicago — August 2022
| Bedrooms | Pilsen Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,500 | $1,295 | +$205 (+15.8%) |
| 1BR | $1,100 | $1,295 | −$195 (-15.1%) |
| 2BR | $1,525 | $1,795 | −$270 (-15.0%) |
| 2BR | $1,495 | $1,795 | −$300 (-16.7%) |
| 3BR | $2,400 | $2,250 | +$150 (+6.7%) |
| 3BR | $2,298 | $2,250 | +$48 (+2.1%) |
| 4BR | $2,900 | $2,455 | +$445 (+18.1%) |
| 4BR | $1,375 | $2,455 | −$1,080 (-44.0%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in August 2022.