Monthly Rent Report

Roseland Rent Report — December 2023

Asking rents in ZIP 60628, Chicago, from 65 listings.

Median 1BR rent in Roseland was $969 in December 2023, down 28.2% (−$381) from November 2023 and up 17.5% year-over-year. The middle half of 1BR listings asked between $969 and $969. That puts Roseland $486 below the Chicago citywide 1BR median of $1,455. The month's figures are based on 65 listings across 12 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. November 2023Vs. December 2022P25–P75 RangeListings
Studio$1,399$0 (0.0%)$750 – $1,39918
Studio$1,399$0 (0.0%)$1,220 – $1,3996
1BR$969−$381 (-28.2%)+$144 (+17.5%)$969 – $9691
1BR$900−$450 (-33.3%)+$75 (+9.1%)$900 – $9001
2BR$1,290+$440 (+51.8%)+$310 (+31.6%)$1,290 – $1,2903
2BR$1,275+$425 (+50.0%)+$295 (+30.1%)$1,260 – $1,2906
3BR$1,400−$833 (-37.3%)−$130 (-8.5%)$1,400 – $1,4001
3BR$2,000−$233 (-10.4%)+$470 (+30.7%)$1,550 – $2,00017
4BR$1,700$0 (0.0%)−$100 (-5.6%)$1,700 – $1,9003
4BR$2,200+$500 (+29.4%)+$400 (+22.2%)$2,200 – $2,2001

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

Roseland vs. ChicagoDecember 2023

BedroomsRoseland MedianChicago Citywide MedianDifference
Studio$1,399$1,218+$182 (+14.9%)
Studio$1,399$1,218+$182 (+14.9%)
1BR$969$1,455−$486 (-33.4%)
1BR$900$1,455−$555 (-38.1%)
2BR$1,290$1,800−$510 (-28.3%)
2BR$1,275$1,800−$525 (-29.2%)
3BR$1,400$2,472−$1,072 (-43.4%)
3BR$2,000$2,472−$472 (-19.1%)
4BR$1,700$2,630−$930 (-35.4%)
4BR$2,200$2,630−$430 (-16.3%)

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

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