Monthly Rent Report
Pilsen Rent Report — January 2023
Asking rents in ZIP 60608, Chicago, from 231 listings.
Median 1BR rent in Pilsen was $1,395 in January 2023, up 11.6% (+$145) from December 2022 and up 9.4% year-over-year. The middle half of 1BR listings asked between $1,395 and $1,395. That puts Pilsen $45 above the Chicago citywide 1BR median of $1,350. The month's figures are based on 231 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2022 | Vs. January 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $845 | −$155 (-15.5%) | −$406 (-32.5%) | $800 – $899 | 4 |
| Studio | $1,325 | +$325 (+32.5%) | +$74 (+5.9%) | $1,325 – $1,325 | 1 |
| 1BR | $1,395 | +$145 (+11.6%) | +$120 (+9.4%) | $1,395 – $1,395 | 1 |
| 1BR | $1,400 | +$150 (+12.0%) | +$125 (+9.8%) | $1,200 – $1,800 | 56 |
| 2BR | $1,575 | −$75 (-4.5%) | +$175 (+12.5%) | $1,400 – $2,188 | 138 |
| 2BR | $1,498 | −$152 (-9.2%) | +$98 (+7.0%) | $1,496 – $1,499 | 2 |
| 3BR | $2,000 | $0 (0.0%) | +$500 (+33.3%) | $1,688 – $2,350 | 4 |
| 3BR | $1,425 | −$575 (-28.7%) | −$75 (-5.0%) | $1,425 – $1,425 | 2 |
| 4BR | $2,195 | −$3,005 (-57.8%) | −$455 (-17.2%) | $1,994 – $2,384 | 18 |
| 4BR | $1,925 | −$3,275 (-63.0%) | −$725 (-27.4%) | $1,925 – $1,925 | 2 |
Median, P25, and P75 are asking rents from listings posted in January 2023. Changes compare against the nearest prior month with data.
Pilsen vs. Chicago — January 2023
| Bedrooms | Pilsen Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $845 | $1,061 | −$216 (-20.4%) |
| Studio | $1,325 | $1,061 | +$264 (+24.9%) |
| 1BR | $1,395 | $1,350 | +$45 (+3.3%) |
| 1BR | $1,400 | $1,350 | +$50 (+3.7%) |
| 2BR | $1,575 | $1,698 | −$122 (-7.2%) |
| 2BR | $1,498 | $1,698 | −$200 (-11.8%) |
| 3BR | $2,000 | $2,123 | −$122 (-5.8%) |
| 3BR | $1,425 | $2,123 | −$697 (-32.9%) |
| 4BR | $2,195 | $2,417 | −$221 (-9.2%) |
| 4BR | $1,925 | $2,417 | −$491 (-20.3%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in January 2023.