Monthly Rent Report
Pilsen Rent Report — July 2023
Asking rents in ZIP 60608, Chicago, from 166 listings.
Median 1BR rent in Pilsen was $1,488 in July 2023, down 0.8% (−$12) from June 2023 and up 35.2% year-over-year. The middle half of 1BR listings asked between $1,337 and $1,725. That puts Pilsen $38 above the Chicago citywide 1BR median of $1,450. The month's figures are based on 166 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2023 | Vs. July 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $980 | −$270 (-21.6%) | −$270 (-21.6%) | $980 – $980 | 1 |
| Studio | $1,300 | +$50 (+4.0%) | +$50 (+4.0%) | $1,300 – $1,300 | 1 |
| 1BR | $1,488 | −$12 (-0.8%) | +$388 (+35.2%) | $1,337 – $1,725 | 24 |
| 1BR | $1,398 | −$102 (-6.8%) | +$298 (+27.0%) | $1,349 – $1,446 | 2 |
| 2BR | $1,795 | +$120 (+7.2%) | +$123 (+7.3%) | $1,550 – $1,950 | 73 |
| 2BR | $1,700 | +$25 (+1.5%) | +$28 (+1.6%) | $1,675 – $1,800 | 4 |
| 3BR | $2,200 | +$35 (+1.6%) | −$550 (-20.0%) | $2,200 – $2,200 | 1 |
| 3BR | $2,200 | +$35 (+1.6%) | −$550 (-20.0%) | $1,990 – $2,661 | 44 |
| 4BR | $2,798 | −$47 (-1.7%) | −$302 (-9.8%) | $2,450 – $3,033 | 6 |
| 4BR | $3,400 | +$555 (+19.5%) | +$300 (+9.7%) | $3,400 – $3,400 | 1 |
Median, P25, and P75 are asking rents from listings posted in July 2023. Changes compare against the nearest prior month with data.
Pilsen vs. Chicago — July 2023
| Bedrooms | Pilsen Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $980 | $1,200 | −$220 (-18.3%) |
| Studio | $1,300 | $1,200 | +$100 (+8.3%) |
| 1BR | $1,488 | $1,450 | +$38 (+2.6%) |
| 1BR | $1,398 | $1,450 | −$52 (-3.6%) |
| 2BR | $1,795 | $1,795 | $0 (0.0%) |
| 2BR | $1,700 | $1,795 | −$95 (-5.3%) |
| 3BR | $2,200 | $2,273 | −$72 (-3.2%) |
| 3BR | $2,200 | $2,273 | −$72 (-3.2%) |
| 4BR | $2,798 | $2,709 | +$89 (+3.3%) |
| 4BR | $3,400 | $2,709 | +$692 (+25.5%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in July 2023.