Monthly Rent Report
Pilsen Rent Report — October 2022
Asking rents in ZIP 60608, Chicago, from 34 listings.
Median 1BR rent in Pilsen was $1,125 in October 2022, down 22.4% (−$325) from September 2022 and down 10.0% year-over-year. The middle half of 1BR listings asked between $1,125 and $1,125. That puts Pilsen $193 below the Chicago citywide 1BR median of $1,318. The month's figures are based on 34 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2022 | Vs. October 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,125 | −$325 (-22.4%) | −$125 (-10.0%) | $1,125 – $1,125 | 1 |
| 1BR | $1,818 | +$368 (+25.4%) | +$568 (+45.4%) | $1,200 – $1,999 | 7 |
| 2BR | $2,200 | +$700 (+46.7%) | +$1,200 (+120.0%) | $2,100 – $2,300 | 2 |
| 2BR | $1,873 | +$373 (+24.8%) | +$873 (+87.3%) | $1,607 – $2,300 | 14 |
| 3BR | $1,450 | −$447 (-23.6%) | −$562 (-28.0%) | $1,450 – $1,450 | 1 |
| 3BR | $1,600 | −$297 (-15.7%) | −$412 (-20.5%) | $1,600 – $1,680 | 7 |
| 4BR | $2,295 | −$5 (-0.2%) | +$395 (+20.8%) | $2,295 – $2,295 | 1 |
| 4BR | $2,350 | +$50 (+2.2%) | +$450 (+23.7%) | $2,350 – $2,350 | 1 |
Median, P25, and P75 are asking rents from listings posted in October 2022. Changes compare against the nearest prior month with data.
Pilsen vs. Chicago — October 2022
| Bedrooms | Pilsen Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,125 | $1,318 | −$192 (-14.6%) |
| 1BR | $1,818 | $1,318 | +$501 (+38.0%) |
| 2BR | $2,200 | $1,700 | +$500 (+29.4%) |
| 2BR | $1,873 | $1,700 | +$173 (+10.1%) |
| 3BR | $1,450 | $2,190 | −$740 (-33.8%) |
| 3BR | $1,600 | $2,190 | −$590 (-26.9%) |
| 4BR | $2,295 | $2,478 | −$182 (-7.4%) |
| 4BR | $2,350 | $2,478 | −$127 (-5.1%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in October 2022.