Monthly Rent Report
Pilsen Rent Report — January 2024
Asking rents in ZIP 60608, Chicago, from 275 listings.
Median 1BR rent in Pilsen was $1,600 in January 2024, up 30.6% (+$375) from December 2023 and up 14.3% year-over-year. The middle half of 1BR listings asked between $1,375 and $1,675. That puts Pilsen $83 above the Chicago citywide 1BR median of $1,517. The month's figures are based on 275 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2023 | Vs. January 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,753 | +$358 (+25.7%) | +$428 (+32.3%) | $1,100 – $2,016 | 11 |
| Studio | $1,933 | +$538 (+38.6%) | +$608 (+45.9%) | $1,590 – $2,034 | 8 |
| 1BR | $1,600 | +$375 (+30.6%) | +$200 (+14.3%) | $1,375 – $1,675 | 42 |
| 1BR | $1,295 | +$70 (+5.7%) | −$105 (-7.5%) | $1,295 – $1,295 | 1 |
| 2BR | $2,423 | +$623 (+34.6%) | +$848 (+53.8%) | $2,286 – $2,559 | 2 |
| 2BR | $1,600 | −$200 (-11.1%) | +$25 (+1.6%) | $1,420 – $2,000 | 101 |
| 3BR | $2,950 | +$200 (+7.3%) | +$950 (+47.5%) | $2,950 – $2,950 | 1 |
| 3BR | $2,200 | −$550 (-20.0%) | +$200 (+10.0%) | $1,750 – $2,500 | 91 |
| 4BR | $3,295 | −$555 (-14.4%) | +$1,100 (+50.1%) | $3,295 – $3,295 | 1 |
| 4BR | $3,295 | −$555 (-14.4%) | +$1,100 (+50.1%) | $2,900 – $3,295 | 15 |
Median, P25, and P75 are asking rents from listings posted in January 2024. Changes compare against the nearest prior month with data.
Pilsen vs. Chicago — January 2024
| Bedrooms | Pilsen Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,753 | $1,225 | +$528 (+43.1%) |
| Studio | $1,933 | $1,225 | +$708 (+57.8%) |
| 1BR | $1,600 | $1,517 | +$83 (+5.5%) |
| 1BR | $1,295 | $1,517 | −$222 (-14.6%) |
| 2BR | $2,423 | $1,800 | +$623 (+34.6%) |
| 2BR | $1,600 | $1,800 | −$200 (-11.1%) |
| 3BR | $2,950 | $2,300 | +$650 (+28.3%) |
| 3BR | $2,200 | $2,300 | −$100 (-4.3%) |
| 4BR | $3,295 | $2,792 | +$504 (+18.0%) |
| 4BR | $3,295 | $2,792 | +$504 (+18.0%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in January 2024.