Monthly Rent Report
Pilsen Rent Report — December 2023
Asking rents in ZIP 60608, Chicago, from 89 listings.
Median 1BR rent in Pilsen was $2,200 in December 2023, up 69.9% (+$905) from November 2023 and up 101.3% year-over-year. The middle half of 1BR listings asked between $2,200 and $2,200. That puts Pilsen $745 above the Chicago citywide 1BR median of $1,455. The month's figures are based on 89 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2023 | Vs. December 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,395 | −$180 (-11.4%) | +$395 (+39.5%) | $1,395 – $1,395 | 2 |
| Studio | $1,709 | +$134 (+8.5%) | +$709 (+70.9%) | $1,400 – $1,819 | 44 |
| 1BR | $2,200 | +$905 (+69.9%) | +$1,107 (+101.3%) | $2,200 – $2,200 | 2 |
| 1BR | $1,225 | −$70 (-5.4%) | +$132 (+12.1%) | $1,225 – $1,225 | 1 |
| 2BR | $1,448 | −$502 (-25.8%) | −$202 (-12.3%) | $1,324 – $1,571 | 2 |
| 2BR | $1,800 | −$150 (-7.7%) | +$150 (+9.1%) | $1,600 – $1,850 | 15 |
| 3BR | $1,835 | −$465 (-20.2%) | −$165 (-8.3%) | $1,835 – $1,835 | 1 |
| 3BR | $2,750 | +$450 (+19.6%) | +$750 (+37.5%) | $2,200 – $2,900 | 16 |
| 4BR | $4,092 | +$1,247 (+43.8%) | −$1,108 (-21.3%) | $4,092 – $4,092 | 2 |
| 4BR | $3,850 | +$1,005 (+35.3%) | −$1,350 (-26.0%) | $3,850 – $3,850 | 1 |
Median, P25, and P75 are asking rents from listings posted in December 2023. Changes compare against the nearest prior month with data.
Pilsen vs. Chicago — December 2023
| Bedrooms | Pilsen Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,395 | $1,218 | +$178 (+14.6%) |
| Studio | $1,709 | $1,218 | +$492 (+40.4%) |
| 1BR | $2,200 | $1,455 | +$745 (+51.2%) |
| 1BR | $1,225 | $1,455 | −$230 (-15.8%) |
| 2BR | $1,448 | $1,800 | −$352 (-19.6%) |
| 2BR | $1,800 | $1,800 | $0 (0.0%) |
| 3BR | $1,835 | $2,472 | −$637 (-25.8%) |
| 3BR | $2,750 | $2,472 | +$278 (+11.2%) |
| 4BR | $4,092 | $2,630 | +$1,462 (+55.6%) |
| 4BR | $3,850 | $2,630 | +$1,220 (+46.4%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in December 2023.