Average Rent in Pilsen, Chicago, IL

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Current Versus Historical Pilsen, Chicago, IL Rents

Pilsen rentals average $0 for a studio rental to $2,098 for a 4-bedroom rental. The median price of all currently available listings is $1,850, or roughly $2 per square feet.
For the apartment units and housing in April 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $117 (60.34%) year-over-year from $193 to $310. 1-bedroom rentals prices have increased by $18 (1.20%) year-over-year from $1,458 to $1,475. 2-bedroom rentals prices have increased by $80 (4.65%) year-over-year from $1,720 to $1,800. 3-bedroom rentals prices have increased by $66 (2.85%) year-over-year from $2,307 to $2,373. 4-bedroom rentals prices have decreased by $115 (-4.01%) year-over-year from $2,865 to $2,750. Note that this figure includes all active and rented listings throughout the month.
Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone up by 166.48% this month. 1-bedroom rents have gone down by 0.84% this month. 2-bedroom rents have gone up by 1.89% this month. 3-bedroom rents have gone up by 2.01% this month. 4-bedroom rents have gone down by 4.07% this month.
Beds
Price / Sqft
Apr 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
1 BR $1.83 $1,475 $1,458 (1.20%) $1,258 (17.22%)
2 BR $1.88 $1,800 $1,720 (4.65%) $1,498 (20.13%)
3 BR $1.81 $2,373 $2,307 (2.85%) $2,100 (12.98%)
4+ BR $1.68 $2,750 $2,865 (-4.01%) $2,467 (11.49%)

Historical Rents in Pilsen, Chicago, IL

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Pilsen

There are a total of 5 cities nearby Pilsen. The average rent in Pilsen is currently $2,105 per month. Our records show that Evanston, IL, with an average rent of $1,998, is the most affordable city nearby. In contrast, the most expensive city near Pilsen, Chicago, IL is Naperville, IL. Monthly rents here are on average $2,850 per month.

Let's compare Pilsen, Chicago, IL's rent against other top cities nearby by bedroom size. One bedrooms are about 46.67% more affordable. Two bedrooms in Pilsen, Chicago, IL are about 30.86% more affordable. Finally, rent for three bedrooms are about 22.34% more affordable. Want more information? Check out the top 5 cities near Pilsen, Chicago, IL in the following chart.
City Studio 1 Bed 2 Bed All
Evanston, IL $1,185 $1,650 $2,150 $1,998
Chicago, IL $1,348 $1,760 $2,290 $2,023
Schaumburg, IL N/A $1,995 $2,350 $2,105
Wheaton, IL N/A $1,865 $2,320 $2,320
Naperville, IL N/A $1,650 $2,250 $2,850

Top Neighborhoods Near Pilsen

There are a total of 14 neighborhoods in or near Pilsen. Some of these neighborhoods include Edgewater, Ravenswood, and Rogers Park. We've included all of these top 14 neighborhoods in or near Pilsen, Chicago, IL in the following chart.

The average rent for these 14 neighborhoods in or near Pilsen, Chicago, IL is currently around $1,906 per month. A total of 7 neighborhoods have a lower average rent. Meaning, only seven neighborhoods have a higher average rent than $1,906. Interestingly, the neighborhoods' average rent is higher than Pilsen's average rent, which is only $1,850. Out of all the neighborhoods in or near Pilsen, Edgewater has the most affordable average rent at $1,550 per month. Whereas, at $2,786 average rent per month, South Loop is the most expensive neighborhood in or near Pilsen. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Edgewater, Chicago, IL $1,121 $1,550 $2,150 $1,550
Ravenswood, Chicago, IL $1,220 $1,550 $2,570 $1,600
Rogers Park, Chicago, IL $1,095 $1,358 $1,850 $1,600
Uptown, Chicago, IL $1,100 $1,600 $2,225 $1,650
West Rogers Park, Chicago, IL $1,200 $1,325 $1,800 $1,698
Albany Park, Chicago, IL $1,048 $1,435 $1,860 $1,725
Lincoln Park, Chicago, IL $1,385 $1,925 $2,890 $1,838
Humboldt Park, Chicago, IL N/A $1,775 $1,825 $1,975
Logan Square, Chicago, IL $1,250 $1,795 $2,050 $1,995
Lakeview, Chicago, IL $1,345 $1,850 $2,585 $2,095
Hyde Park, Chicago, IL $1,250 $1,673 $2,000 $2,198
DePaul, Chicago, IL $1,595 $2,245 $2,375 $2,300
Near North Side, Chicago, IL $1,860 $2,350 $3,500 $2,550
South Loop, Chicago, IL $1,648 $2,225 $3,000 $2,786

Top Counties Near Pilsen

There are a total of 14 counties located by Pilsen, Chicago, IL. Some of these counties include Evanston, IL, Chicago, IL, and Schaumburg, IL. The average rent for rentals in these counties is $2,100. That's roughly around $2 per sqft. The county that is the most affordable is Evanston, IL. It's average rent per month is $1,998. Vice versa, with an average rent of $2,700, Naperville, IL is the most expensive county by Pilsen, Chicago, IL.

Typically, rent for studios in Pilsen, Chicago, IL is inf% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Pilsen, Chicago, IL is 49.38% more affordable than other counties nearby. Finally, rent for two bedrooms in Pilsen, Chicago, IL is 29.71% more affordable than other counties nearby. We've listed the top 6 counties in the chart below.
County Studio 1 Bed 2 Bed All
Evanston, IL $1,185 $1,650 $2,150 $1,998
Chicago, IL $1,348 $1,760 $2,290 $2,023
Schaumburg, IL $1,195 $1,985 $2,400 $2,098
Downers Grove, IL N/A $1,825 $2,209 $2,103
Milton, IL N/A $1,865 $2,310 $2,320
Naperville, IL N/A $1,663 $2,250 $2,700

Top Zipcodes Near Pilsen

There are a total of 21 zipcodes in or near Pilsen, Chicago, IL. The average rent for all of these zipcodes is $2,099. A total of 6 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 60660, Chicago, IL at $1,550 per month. In comparison, the zipcode with the most expensive average rent of $2,998 per month is 60607, Chicago, IL.

Studios in these zipcodes have an average rent of $1,250. That's at least $3 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Pilsen, Chicago, IL is $1,890 per month. Or in other words, $3 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,398 per month. Which comes out to $2 per sqft. The following chart includes the top 10 zipcodes in Pilsen, Chicago, IL. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
60608, Chicago, IL N/A $1,475 $1,850 $2,145
60607, Chicago, IL $1,700 $2,400 $3,300 $2,998
60654, Chicago, IL $1,940 $2,455 $3,500 $2,500
60611, Chicago, IL $1,800 $2,300 $3,629 $2,600
60642, Chicago, IL $1,929 $2,263 $2,725 $2,675
60622, Chicago, IL $1,893 $2,100 $2,400 $2,390
60610, Chicago, IL $1,868 $2,300 $3,500 $2,625
60615, Chicago, IL $1,250 $1,573 $1,947 $2,099
60647, Chicago, IL $1,250 $1,890 $2,150 $2,100
60614, Chicago, IL $1,603 $2,293 $2,875 $2,295

Frequently Asked Questions - Pilsen Average Rents

What is the average rent price in Pilsen, Chicago, IL?
The average monthly rental price for Pilsen, Chicago, IL apartments for rent is approximately $1,850. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Pilsen, Chicago, IL rent prices drop in winter?
Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Pilsen, Chicago, IL.
How much is a studio apartment in Pilsen, Chicago, IL?
The average monthly rental price for studio apartments is $0 and an average price per square feet of $0.00. There are a total of 1 studio apartment listings currently available for rent in Pilsen.
How much is a one bedroom apartment in Pilsen, Chicago, IL?
The average monthly rental price for one bedroom apartments is $1,200 and an average price per square feet of $1.83. There are a total of 3 one bedroom apartment listings currently available for rent in Pilsen.
How much is a two bedroom apartment in Pilsen, Chicago, IL?
The average monthly rental price for two bedroom apartments is $1,750 and an average price per square feet of $1.88. There are a total of 15 two bedroom apartment listings currently available for rent in Pilsen.
How have rent prices in Pilsen, Chicago, IL changed this year?
Rent prices for rentals in Pilsen, Chicago, IL can fluctuate yearly. Specifically, studio rental prices have changed by 0.60%, one bedroom rental prices have changed by 0.01%, two bedroom rental prices have changed by 0.05%, and three bedroom rental prices have changed by 0.03% year-over-year.
What is a reasonable rent price in Pilsen, Chicago, IL?
A reasonable rent price in Pilsen, Chicago, IL is around $1,480/month. You can search for these reasonably priced rental listings on RentHop.
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