Monthly Rent Report
Pilsen Rent Report — April 2024
Asking rents in ZIP 60608, Chicago, from 526 listings.
Median 1BR rent in Pilsen was $1,900 in April 2024, up 18.8% (+$300) from March 2024 and up 26.7% year-over-year. The middle half of 1BR listings asked between $1,875 and $1,925. That puts Pilsen $400 above the Chicago citywide 1BR median of $1,500. The month's figures are based on 526 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. March 2024 | Vs. April 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,350 | −$50 (-3.6%) | +$150 (+12.5%) | $1,350 – $1,350 | 1 |
| Studio | $1,564 | +$164 (+11.7%) | +$364 (+30.3%) | $1,300 – $1,698 | 45 |
| 1BR | $1,900 | +$300 (+18.8%) | +$400 (+26.7%) | $1,875 – $1,925 | 2 |
| 1BR | $1,475 | −$125 (-7.8%) | −$25 (-1.7%) | $1,380 – $1,650 | 174 |
| 2BR | $1,800 | −$795 (-30.6%) | +$420 (+30.4%) | $1,800 – $1,800 | 2 |
| 2BR | $1,850 | −$745 (-28.7%) | +$470 (+34.1%) | $1,850 – $1,850 | 1 |
| 3BR | $3,095 | +$795 (+34.6%) | +$400 (+14.8%) | $3,095 – $3,095 | 1 |
| 3BR | $2,300 | $0 (0.0%) | −$395 (-14.7%) | $1,957 – $2,700 | 236 |
| 4BR | $4,095 | +$1,000 (+32.3%) | +$1,648 (+67.3%) | $4,095 – $4,095 | 1 |
| 4BR | $3,020 | −$75 (-2.4%) | +$573 (+23.4%) | $2,500 – $4,000 | 48 |
Median, P25, and P75 are asking rents from listings posted in April 2024. Changes compare against the nearest prior month with data.
Pilsen vs. Chicago — April 2024
| Bedrooms | Pilsen Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,350 | $1,222 | +$128 (+10.5%) |
| Studio | $1,564 | $1,222 | +$342 (+28.0%) |
| 1BR | $1,900 | $1,500 | +$400 (+26.7%) |
| 1BR | $1,475 | $1,500 | −$25 (-1.7%) |
| 2BR | $1,800 | $1,850 | −$50 (-2.7%) |
| 2BR | $1,850 | $1,850 | $0 (0.0%) |
| 3BR | $3,095 | $2,300 | +$795 (+34.6%) |
| 3BR | $2,300 | $2,300 | $0 (0.0%) |
| 4BR | $4,095 | $2,800 | +$1,295 (+46.3%) |
| 4BR | $3,020 | $2,800 | +$220 (+7.9%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in April 2024.