Monthly Rent Report
Pilsen Rent Report — February 2024
Asking rents in ZIP 60608, Chicago, from 597 listings.
Median 1BR rent in Pilsen was $1,450 in February 2024, up 12.0% (+$155) from January 2024 and down 6.5% year-over-year. The middle half of 1BR listings asked between $1,395 and $1,700. That puts Pilsen $50 below the Chicago citywide 1BR median of $1,500. The month's figures are based on 597 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2024 | Vs. February 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,801 | +$48 (+2.7%) | +$551 (+44.1%) | $1,300 – $1,944 | 56 |
| Studio | $1,885 | +$132 (+7.5%) | +$635 (+50.8%) | $1,250 – $2,039 | 8 |
| 1BR | $1,450 | +$155 (+12.0%) | −$100 (-6.5%) | $1,395 – $1,700 | 79 |
| 1BR | $1,350 | +$55 (+4.2%) | −$200 (-12.9%) | $1,350 – $1,350 | 1 |
| 2BR | $1,700 | +$100 (+6.3%) | +$5 (+0.3%) | $1,495 – $2,173 | 259 |
| 2BR | $1,750 | +$150 (+9.4%) | +$55 (+3.2%) | $1,675 – $1,825 | 2 |
| 3BR | $1,975 | −$975 (-33.1%) | −$425 (-17.7%) | $1,975 – $1,975 | 1 |
| 3BR | $2,300 | −$650 (-22.0%) | −$100 (-4.2%) | $1,799 – $2,791 | 156 |
| 4BR | $1,895 | −$1,400 (-42.5%) | −$500 (-20.9%) | $1,895 – $1,895 | 1 |
| 4BR | $2,900 | −$395 (-12.0%) | +$505 (+21.1%) | $2,900 – $3,295 | 30 |
Median, P25, and P75 are asking rents from listings posted in February 2024. Changes compare against the nearest prior month with data.
Pilsen vs. Chicago — February 2024
| Bedrooms | Pilsen Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,801 | $1,211 | +$590 (+48.7%) |
| Studio | $1,885 | $1,211 | +$674 (+55.6%) |
| 1BR | $1,450 | $1,500 | −$50 (-3.3%) |
| 1BR | $1,350 | $1,500 | −$150 (-10.0%) |
| 2BR | $1,700 | $1,813 | −$112 (-6.2%) |
| 2BR | $1,750 | $1,813 | −$62 (-3.4%) |
| 3BR | $1,975 | $2,300 | −$325 (-14.1%) |
| 3BR | $2,300 | $2,300 | $0 (0.0%) |
| 4BR | $1,895 | $2,792 | −$896 (-32.1%) |
| 4BR | $2,900 | $2,792 | +$109 (+3.9%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in February 2024.