Monthly Rent Report
Pilsen Rent Report — April 2023
Asking rents in ZIP 60608, Chicago, from 642 listings.
Median 1BR rent in Pilsen was $1,395 in April 2023, flat versus March 2023 and down 3.8% year-over-year. The middle half of 1BR listings asked between $1,395 and $1,395. That puts Pilsen $30 below the Chicago citywide 1BR median of $1,425. The month's figures are based on 642 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. March 2023 | Vs. April 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $800 | −$400 (-33.3%) | −$300 (-27.3%) | $800 – $800 | 1 |
| Studio | $1,200 | $0 (0.0%) | +$100 (+9.1%) | $1,150 – $1,250 | 17 |
| 1BR | $1,395 | $0 (0.0%) | −$55 (-3.8%) | $1,395 – $1,395 | 1 |
| 1BR | $1,500 | +$105 (+7.5%) | +$50 (+3.4%) | $1,300 – $1,806 | 132 |
| 2BR | $1,650 | −$50 (-2.9%) | +$400 (+32.0%) | $1,440 – $1,950 | 279 |
| 2BR | $1,380 | −$320 (-18.8%) | +$130 (+10.4%) | $1,380 – $1,380 | 1 |
| 3BR | $2,300 | −$195 (-7.8%) | −$25 (-1.1%) | $1,800 – $2,800 | 173 |
| 3BR | $2,695 | +$200 (+8.0%) | +$370 (+15.9%) | $2,695 – $2,695 | 1 |
| 4BR | $2,900 | +$400 (+16.0%) | −$795 (-21.5%) | $2,900 – $2,900 | 1 |
| 4BR | $2,448 | −$52 (-2.1%) | −$1,247 (-33.8%) | $1,821 – $2,900 | 22 |
Median, P25, and P75 are asking rents from listings posted in April 2023. Changes compare against the nearest prior month with data.
Pilsen vs. Chicago — April 2023
| Bedrooms | Pilsen Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $800 | $1,195 | −$395 (-33.1%) |
| Studio | $1,200 | $1,195 | +$5 (+0.4%) |
| 1BR | $1,395 | $1,425 | −$30 (-2.1%) |
| 1BR | $1,500 | $1,425 | +$75 (+5.3%) |
| 2BR | $1,650 | $1,725 | −$75 (-4.3%) |
| 2BR | $1,380 | $1,725 | −$345 (-20.0%) |
| 3BR | $2,300 | $2,300 | $0 (0.0%) |
| 3BR | $2,695 | $2,300 | +$395 (+17.2%) |
| 4BR | $2,900 | $2,597 | +$303 (+11.7%) |
| 4BR | $2,448 | $2,597 | −$149 (-5.8%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in April 2023.