Monthly Rent Report
Pilsen Rent Report — March 2024
Asking rents in ZIP 60608, Chicago, from 500 listings.
Median 1BR rent in Pilsen was $1,350 in March 2024, flat versus February 2024 and down 1.8% year-over-year. The middle half of 1BR listings asked between $1,336 and $1,500. That puts Pilsen $155 below the Chicago citywide 1BR median of $1,505. The month's figures are based on 500 listings across 11 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2024 | Vs. March 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,400 | −$401 (-22.3%) | +$250 (+21.7%) | $1,100 – $1,797 | 33 |
| Studio | $1,662 | −$139 (-7.7%) | +$512 (+44.5%) | $1,450 – $1,733 | 34 |
| 1BR | $1,350 | $0 (0.0%) | −$25 (-1.8%) | $1,336 – $1,500 | 4 |
| 1BR | $1,600 | +$250 (+18.5%) | +$225 (+16.4%) | $1,400 – $2,015 | 88 |
| 2BR | $2,595 | +$845 (+48.3%) | +$1,045 (+67.4%) | $1,550 – $2,595 | 8 |
| 2BR | $1,750 | $0 (0.0%) | +$200 (+12.9%) | $1,531 – $2,400 | 194 |
| 3BR | $2,695 | +$395 (+17.2%) | +$200 (+8.0%) | $2,448 – $2,745 | 3 |
| 3BR | $2,300 | $0 (0.0%) | −$195 (-7.8%) | $1,956 – $2,870 | 114 |
| 4BR | $3,095 | +$195 (+6.7%) | +$595 (+23.8%) | $3,095 – $3,095 | 1 |
| 4BR | $3,023 | +$123 (+4.2%) | +$523 (+20.9%) | $2,500 – $3,321 | 20 |
Median, P25, and P75 are asking rents from listings posted in March 2024. Changes compare against the nearest prior month with data.
Pilsen vs. Chicago — March 2024
| Bedrooms | Pilsen Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,400 | $1,225 | +$175 (+14.3%) |
| Studio | $1,662 | $1,225 | +$437 (+35.7%) |
| 1BR | $1,350 | $1,505 | −$154 (-10.3%) |
| 1BR | $1,600 | $1,505 | +$96 (+6.3%) |
| 2BR | $2,595 | $1,900 | +$695 (+36.6%) |
| 2BR | $1,750 | $1,900 | −$150 (-7.9%) |
| 3BR | $2,695 | $2,250 | +$445 (+19.8%) |
| 3BR | $2,300 | $2,250 | +$50 (+2.2%) |
| 4BR | $3,095 | $2,650 | +$445 (+16.8%) |
| 4BR | $3,023 | $2,650 | +$373 (+14.1%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in March 2024.