Monthly Rent Report
Pilsen Rent Report — September 2023
Asking rents in ZIP 60608, Chicago, from 30 listings.
Median 1BR rent in Pilsen was $1,200 in September 2023, down 29.3% (−$497) from August 2023 and down 17.2% year-over-year. The middle half of 1BR listings asked between $1,200 and $1,200. That puts Pilsen $250 below the Chicago citywide 1BR median of $1,450. The month's figures are based on 30 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2023 | Vs. September 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,250 | −$50 (-3.8%) | +$300 (+31.6%) | $1,250 – $1,250 | 1 |
| 1BR | $1,200 | −$497 (-29.3%) | −$250 (-17.2%) | $1,200 – $1,200 | 1 |
| 1BR | $1,550 | −$147 (-8.7%) | +$100 (+6.9%) | $1,425 – $1,861 | 7 |
| 2BR | $1,895 | +$145 (+8.3%) | +$395 (+26.3%) | $1,895 – $1,895 | 1 |
| 2BR | $1,000 | −$750 (-42.9%) | −$500 (-33.3%) | $1,000 – $1,000 | 1 |
| 3BR | $2,095 | +$400 (+23.6%) | −$55 (-2.6%) | $1,700 – $2,325 | 15 |
| 3BR | $2,095 | +$400 (+23.6%) | −$55 (-2.6%) | $2,095 – $2,095 | 1 |
| 4BR | $2,995 | −$500 (-14.3%) | +$695 (+30.2%) | $2,995 – $2,995 | 1 |
| 4BR | $3,295 | −$200 (-5.7%) | +$995 (+43.3%) | $3,295 – $3,295 | 1 |
Median, P25, and P75 are asking rents from listings posted in September 2023. Changes compare against the nearest prior month with data.
Pilsen vs. Chicago — September 2023
| Bedrooms | Pilsen Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,250 | $1,238 | +$13 (+1.0%) |
| 1BR | $1,200 | $1,450 | −$250 (-17.2%) |
| 1BR | $1,550 | $1,450 | +$100 (+6.9%) |
| 2BR | $1,895 | $1,738 | +$158 (+9.1%) |
| 2BR | $1,000 | $1,738 | −$737 (-42.4%) |
| 3BR | $2,095 | $2,327 | −$232 (-10.0%) |
| 3BR | $2,095 | $2,327 | −$232 (-10.0%) |
| 4BR | $2,995 | $2,783 | +$212 (+7.6%) |
| 4BR | $3,295 | $2,783 | +$512 (+18.4%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in September 2023.