Monthly Rent Report
Pilsen Rent Report — August 2024
Asking rents in ZIP 60608, Chicago, from 62 listings.
Median 1BR rent in Pilsen was $1,250 in August 2024, up 25.6% (+$255) from July 2024 and down 26.4% year-over-year. The middle half of 1BR listings asked between $1,250 and $1,250. That puts Pilsen $288 below the Chicago citywide 1BR median of $1,538. The month's figures are based on 62 listings across 9 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2024 | Vs. August 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,783 | −$123 (-6.5%) | −$17 (-1.0%) | $1,613 – $1,971 | 34 |
| 1BR | $1,250 | +$255 (+25.6%) | −$447 (-26.4%) | $1,250 – $1,250 | 4 |
| 1BR | $1,900 | +$905 (+91.0%) | +$203 (+11.9%) | $1,900 – $1,900 | 1 |
| 2BR | $2,195 | $0 (0.0%) | +$445 (+25.4%) | $1,895 – $2,395 | 3 |
| 2BR | $1,400 | −$795 (-36.2%) | −$350 (-20.0%) | $1,400 – $1,400 | 1 |
| 3BR | $1,975 | −$897 (-31.2%) | −$123 (-5.9%) | $1,975 – $1,975 | 13 |
| 3BR | $1,450 | −$1,422 (-49.5%) | −$648 (-30.9%) | $1,363 – $2,223 | 3 |
| 4BR | $3,995 | +$995 (+33.2%) | +$795 (+24.8%) | $3,995 – $3,995 | 1 |
Median, P25, and P75 are asking rents from listings posted in August 2024. Changes compare against the nearest prior month with data.
Pilsen vs. Chicago — August 2024
| Bedrooms | Pilsen Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,783 | $1,190 | +$593 (+49.8%) |
| 1BR | $1,250 | $1,538 | −$288 (-18.7%) |
| 1BR | $1,900 | $1,538 | +$362 (+23.5%) |
| 2BR | $2,195 | $1,823 | +$373 (+20.4%) |
| 2BR | $1,400 | $1,823 | −$422 (-23.2%) |
| 3BR | $1,975 | $2,300 | −$325 (-14.1%) |
| 3BR | $1,450 | $2,300 | −$850 (-37.0%) |
| 4BR | $3,995 | $2,995 | +$1,000 (+33.4%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in August 2024.