Monthly Rent Report
Roseland Rent Report — May 2023
Asking rents in ZIP 60628, Chicago, from 197 listings.
Median 1BR rent in Roseland was $900 in May 2023, down 5.5% (−$52) from April 2023 and down 3.7% year-over-year. The middle half of 1BR listings asked between $875 and $969. That puts Roseland $500 below the Chicago citywide 1BR median of $1,400. The month's figures are based on 197 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2023 | Vs. May 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $650 | −$100 (-13.3%) | −$145 (-18.2%) | $650 – $650 | 1 |
| Studio | $750 | $0 (0.0%) | −$45 (-5.7%) | $750 – $825 | 6 |
| 1BR | $900 | −$52 (-5.5%) | −$35 (-3.7%) | $875 – $969 | 54 |
| 1BR | $900 | −$52 (-5.5%) | −$35 (-3.7%) | $900 – $900 | 1 |
| 2BR | $1,165 | −$35 (-2.9%) | +$70 (+6.4%) | $1,165 – $1,165 | 1 |
| 2BR | $1,200 | $0 (0.0%) | +$105 (+9.6%) | $1,050 – $1,295 | 45 |
| 3BR | $1,560 | +$360 (+30.0%) | +$10 (+0.6%) | $1,350 – $1,681 | 71 |
| 3BR | $1,350 | +$150 (+12.5%) | −$200 (-12.9%) | $1,350 – $1,350 | 1 |
| 4BR | $1,650 | −$325 (-16.5%) | +$300 (+22.2%) | $1,600 – $1,850 | 9 |
| 4BR | $1,400 | −$575 (-29.1%) | +$50 (+3.7%) | $1,400 – $1,400 | 1 |
Median, P25, and P75 are asking rents from listings posted in May 2023. Changes compare against the nearest prior month with data.
Roseland vs. Chicago — May 2023
| Bedrooms | Roseland Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $650 | $1,200 | −$550 (-45.8%) |
| Studio | $750 | $1,200 | −$450 (-37.5%) |
| 1BR | $900 | $1,400 | −$500 (-35.7%) |
| 1BR | $900 | $1,400 | −$500 (-35.7%) |
| 2BR | $1,165 | $1,698 | −$532 (-31.4%) |
| 2BR | $1,200 | $1,698 | −$497 (-29.3%) |
| 3BR | $1,560 | $2,300 | −$740 (-32.2%) |
| 3BR | $1,350 | $2,300 | −$950 (-41.3%) |
| 4BR | $1,650 | $2,548 | −$897 (-35.2%) |
| 4BR | $1,400 | $2,548 | −$1,147 (-45.0%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in May 2023.