Monthly Rent Report

Roseland Rent Report — August 2023

Asking rents in ZIP 60628, Chicago, from 39 listings.

Median 1BR rent in Roseland was $900 in August 2023, down 16.5% (−$177) from July 2023 and up 38.5% year-over-year. The middle half of 1BR listings asked between $900 and $900. That puts Roseland $620 below the Chicago citywide 1BR median of $1,520. The month's figures are based on 39 listings across 12 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. July 2023Vs. August 2022P25–P75 RangeListings
Studio$850+$225 (+36.0%)$794 – $9384
Studio$1,280+$655 (+104.7%)$1,220 – $1,3392
1BR$900−$177 (-16.5%)+$250 (+38.5%)$900 – $9008
1BR$900−$177 (-16.5%)+$250 (+38.5%)$900 – $9001
2BR$1,400+$174 (+14.2%)+$425 (+43.6%)$1,400 – $1,4001
2BR$1,550+$324 (+26.4%)+$575 (+59.0%)$1,533 – $1,5508
3BR$1,000−$560 (-35.9%)−$650 (-39.4%)$1,000 – $1,0001
3BR$1,560$0 (0.0%)−$90 (-5.5%)$1,560 – $1,7507
4BR$1,880−$392 (-17.3%)−$294 (-13.5%)$1,880 – $1,8801
4BR$1,880−$392 (-17.3%)−$294 (-13.5%)$1,790 – $1,9403

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

Roseland vs. ChicagoAugust 2023

BedroomsRoseland MedianChicago Citywide MedianDifference
Studio$850$1,250−$400 (-32.0%)
Studio$1,280$1,250+$30 (+2.4%)
1BR$900$1,520−$620 (-40.8%)
1BR$900$1,520−$620 (-40.8%)
2BR$1,400$1,808−$407 (-22.5%)
2BR$1,550$1,808−$257 (-14.2%)
3BR$1,000$2,395−$1,395 (-58.2%)
3BR$1,560$2,395−$835 (-34.9%)
4BR$1,880$2,692−$812 (-30.2%)
4BR$1,880$2,692−$812 (-30.2%)

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

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