Monthly Rent Report

Roseland Rent Report — July 2023

Asking rents in ZIP 60628, Chicago, from 87 listings.

Median 1BR rent in Roseland was $1,078 in July 2023, up 17.8% (+$163) from June 2023 and up 39.0% year-over-year. The middle half of 1BR listings asked between $966 and $1,189. That puts Roseland $373 below the Chicago citywide 1BR median of $1,450. The month's figures are based on 87 listings across 12 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. June 2023Vs. July 2022P25–P75 RangeListings
Studio$625−$225 (-26.5%)$625 – $6257
Studio$850$0 (0.0%)$850 – $8501
1BR$1,078+$163 (+17.8%)+$303 (+39.0%)$966 – $1,1892
1BR$950+$35 (+3.8%)+$175 (+22.6%)$890 – $1,01118
2BR$1,200+$5 (+0.4%)+$250 (+26.3%)$1,200 – $1,2001
2BR$1,226+$31 (+2.6%)+$276 (+29.1%)$1,172 – $1,30018
3BR$1,560$0 (0.0%)−$190 (-10.9%)$1,456 – $1,75024
3BR$1,650+$90 (+5.8%)−$100 (-5.7%)$1,650 – $1,6501
4BR$1,675−$325 (-16.3%)−$225 (-11.8%)$1,569 – $1,9004
4BR$2,272+$272 (+13.6%)+$372 (+19.6%)$2,272 – $2,2721

Median, P25, and P75 are asking rents from listings posted in July 2023. Changes compare against the nearest prior month with data.

Roseland vs. ChicagoJuly 2023

BedroomsRoseland MedianChicago Citywide MedianDifference
Studio$625$1,200−$575 (-47.9%)
Studio$850$1,200−$350 (-29.2%)
1BR$1,078$1,450−$372 (-25.7%)
1BR$950$1,450−$500 (-34.5%)
2BR$1,200$1,795−$595 (-33.1%)
2BR$1,226$1,795−$569 (-31.7%)
3BR$1,560$2,273−$712 (-31.4%)
3BR$1,650$2,273−$622 (-27.4%)
4BR$1,675$2,709−$1,033 (-38.2%)
4BR$2,272$2,709−$436 (-16.1%)

Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in July 2023.

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