Monthly Rent Report
Pilsen Rent Report — August 2023
Asking rents in ZIP 60608, Chicago, from 68 listings.
Median 1BR rent in Pilsen was $1,698 in August 2023, up 14.1% (+$210) from July 2023 and up 54.3% year-over-year. The middle half of 1BR listings asked between $1,390 and $2,136. That puts Pilsen $178 above the Chicago citywide 1BR median of $1,520. The month's figures are based on 68 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2023 | Vs. August 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,300 | +$320 (+32.7%) | — | $1,250 – $1,800 | 7 |
| Studio | $1,800 | +$820 (+83.7%) | — | $1,300 – $1,800 | 5 |
| 1BR | $1,698 | +$210 (+14.1%) | +$598 (+54.3%) | $1,390 – $2,136 | 12 |
| 1BR | $900 | −$587 (-39.5%) | −$200 (-18.2%) | $900 – $900 | 1 |
| 2BR | $1,750 | +$50 (+2.9%) | +$255 (+17.1%) | $1,675 – $2,025 | 3 |
| 2BR | $1,695 | −$5 (-0.3%) | +$200 (+13.4%) | $1,495 – $2,095 | 29 |
| 3BR | $1,695 | −$505 (-23.0%) | −$602 (-26.2%) | $1,695 – $1,695 | 2 |
| 3BR | $2,098 | −$102 (-4.6%) | −$199 (-8.7%) | $1,849 – $2,199 | 3 |
| 4BR | $3,200 | +$403 (+14.4%) | +$1,825 (+132.7%) | $2,800 – $3,348 | 3 |
| 4BR | $3,495 | +$698 (+24.9%) | +$2,120 (+154.2%) | $3,495 – $3,495 | 1 |
Median, P25, and P75 are asking rents from listings posted in August 2023. Changes compare against the nearest prior month with data.
Pilsen vs. Chicago — August 2023
| Bedrooms | Pilsen Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,300 | $1,250 | +$50 (+4.0%) |
| Studio | $1,800 | $1,250 | +$550 (+44.0%) |
| 1BR | $1,698 | $1,520 | +$178 (+11.7%) |
| 1BR | $900 | $1,520 | −$620 (-40.8%) |
| 2BR | $1,750 | $1,808 | −$57 (-3.2%) |
| 2BR | $1,695 | $1,808 | −$112 (-6.2%) |
| 3BR | $1,695 | $2,395 | −$700 (-29.2%) |
| 3BR | $2,098 | $2,395 | −$297 (-12.4%) |
| 4BR | $3,200 | $2,692 | +$508 (+18.9%) |
| 4BR | $3,495 | $2,692 | +$803 (+29.8%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in August 2023.