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Pilsen Rent Trends

Chicago, IL · May 2026 · median asking rents from leased listings

Data through June 2026 · Last updated July 8, 2026 · Next release: early August 2026

Median asking rent
$1,875
Effective rent
$1,875
Vs. Chicago median
-25%
Avg days to lease
21
Active rentals now
32

Median asking rent over time

$1.6k$1.9k$2.2k$2.5kMay ’24Sep ’24Jan ’25May ’25Sep ’25Jan ’26May ’26
Asking rentEffective rent (after concessions)Concession spread
1 bedroom
$1,588
YoY · as of August 2025
2 bedroom
$2,160
+12.2% YoY · as of April 2026

Source: MLS (leased rental listings) + Abode managed communities (Dynamics 365). Figures suppressed below 10 listings/month. Methodology

Data through June 2026 · Last updated July 8, 2026 · Next release: early August 2026

Pilsen renting, answered

What is the average rent in Pilsen?
As of May 2026, the median asking rent in Pilsen is $1,875 per month, based on 18 leased listings. By size, the median is $1,588 for a 1 bedroom and $2,160 for a 2 bedroom.
Are rents in Pilsen going up or down?
Median asking rent in Pilsen is down 1.1% compared with a year ago.
Is Pilsen more expensive than Chicago overall?
Pilsen's median asking rent is 25% below the Chicago citywide median of $2,500.
How quickly do rentals lease in Pilsen?
Over the last 90 days, rentals in Pilsen leased in an average of 21 days, with 32 active listings on the market right now.

Beyond the numbers

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