Monthly Rent Report
Pilsen Rent Report — October 2023
Asking rents in ZIP 60608, Chicago, from 189 listings.
Median 1BR rent in Pilsen was $1,475 in October 2023, down 4.8% (−$75) from September 2023 and down 18.9% year-over-year. The middle half of 1BR listings asked between $1,106 and $1,571. That puts Pilsen in line with the Chicago citywide 1BR median of $1,475. The month's figures are based on 189 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2023 | Vs. October 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,600 | +$350 (+28.0%) | — | $1,300 – $1,800 | 21 |
| Studio | $900 | −$350 (-28.0%) | — | $863 – $900 | 6 |
| 1BR | $1,475 | −$75 (-4.8%) | −$343 (-18.9%) | $1,106 – $1,571 | 18 |
| 1BR | $1,400 | −$150 (-9.7%) | −$418 (-23.0%) | $1,400 – $1,400 | 1 |
| 2BR | $1,700 | −$195 (-10.3%) | −$172 (-9.2%) | $1,500 – $2,148 | 123 |
| 2BR | $1,225 | −$670 (-35.4%) | −$647 (-34.6%) | $1,225 – $1,338 | 3 |
| 3BR | $2,700 | +$605 (+28.9%) | +$1,250 (+86.2%) | $2,700 – $2,700 | 11 |
| 3BR | $2,200 | +$105 (+5.0%) | +$750 (+51.7%) | $2,200 – $2,200 | 1 |
| 4BR | $3,295 | $0 (0.0%) | +$1,000 (+43.6%) | $3,295 – $3,295 | 1 |
| 4BR | $3,295 | $0 (0.0%) | +$1,000 (+43.6%) | $3,295 – $3,295 | 1 |
Median, P25, and P75 are asking rents from listings posted in October 2023. Changes compare against the nearest prior month with data.
Pilsen vs. Chicago — October 2023
| Bedrooms | Pilsen Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,600 | $1,200 | +$400 (+33.3%) |
| Studio | $900 | $1,200 | −$300 (-25.0%) |
| 1BR | $1,475 | $1,475 | $0 (0.0%) |
| 1BR | $1,400 | $1,475 | −$75 (-5.1%) |
| 2BR | $1,700 | $1,800 | −$100 (-5.6%) |
| 2BR | $1,225 | $1,800 | −$575 (-31.9%) |
| 3BR | $2,700 | $2,450 | +$250 (+10.2%) |
| 3BR | $2,200 | $2,450 | −$250 (-10.2%) |
| 4BR | $3,295 | $2,575 | +$720 (+28.0%) |
| 4BR | $3,295 | $2,575 | +$720 (+28.0%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in October 2023.