Monthly Rent Report
Pilsen Rent Report — February 2023
Asking rents in ZIP 60608, Chicago, from 412 listings.
Median 1BR rent in Pilsen was $1,550 in February 2023, up 10.7% (+$150) from January 2023 and up 5.1% year-over-year. The middle half of 1BR listings asked between $1,550 and $1,550. That puts Pilsen $150 above the Chicago citywide 1BR median of $1,400. The month's figures are based on 412 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2023 | Vs. February 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,300 | +$455 (+53.8%) | +$200 (+18.2%) | $1,300 – $1,300 | 1 |
| Studio | $1,250 | +$405 (+47.9%) | +$150 (+13.6%) | $1,200 – $1,300 | 9 |
| 1BR | $1,550 | +$150 (+10.7%) | +$75 (+5.1%) | $1,550 – $1,550 | 1 |
| 1BR | $1,395 | −$5 (-0.4%) | −$80 (-5.4%) | $1,200 – $1,550 | 81 |
| 2BR | $1,695 | +$120 (+7.6%) | −$630 (-27.1%) | $1,695 – $1,695 | 1 |
| 2BR | $1,600 | +$25 (+1.6%) | −$725 (-31.2%) | $1,400 – $2,100 | 182 |
| 3BR | $2,075 | +$75 (+3.8%) | +$575 (+38.3%) | $1,650 – $2,995 | 110 |
| 3BR | $2,400 | +$400 (+20.0%) | +$900 (+60.0%) | $2,400 – $2,400 | 1 |
| 4BR | $1,295 | −$630 (-32.7%) | −$555 (-30.0%) | $1,045 – $1,545 | 2 |
| 4BR | $2,395 | +$470 (+24.4%) | +$545 (+29.5%) | $1,900 – $2,700 | 17 |
Median, P25, and P75 are asking rents from listings posted in February 2023. Changes compare against the nearest prior month with data.
Pilsen vs. Chicago — February 2023
| Bedrooms | Pilsen Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,300 | $1,149 | +$151 (+13.2%) |
| Studio | $1,250 | $1,149 | +$101 (+8.8%) |
| 1BR | $1,550 | $1,400 | +$150 (+10.7%) |
| 1BR | $1,395 | $1,400 | −$5 (-0.4%) |
| 2BR | $1,695 | $1,695 | $0 (0.0%) |
| 2BR | $1,600 | $1,695 | −$95 (-5.6%) |
| 3BR | $2,075 | $2,188 | −$112 (-5.1%) |
| 3BR | $2,400 | $2,188 | +$213 (+9.7%) |
| 4BR | $1,295 | $2,393 | −$1,097 (-45.9%) |
| 4BR | $2,395 | $2,393 | +$3 (+0.1%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in February 2023.