Monthly Rent Report
Roseland Rent Report — May 2024
Asking rents in ZIP 60628, Chicago, from 306 listings.
Median 1BR rent in Roseland was $1,250 in May 2024, up 25.6% (+$255) from April 2024 and up 38.9% year-over-year. The middle half of 1BR listings asked between $1,250 and $1,250. That puts Roseland $253 below the Chicago citywide 1BR median of $1,503. The month's figures are based on 306 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2024 | Vs. May 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,150 | −$10 (-0.9%) | +$400 (+53.3%) | $1,150 – $1,150 | 1 |
| Studio | $980 | −$180 (-15.5%) | +$230 (+30.7%) | $800 – $1,160 | 8 |
| 1BR | $1,250 | +$255 (+25.6%) | +$350 (+38.9%) | $1,250 – $1,250 | 1 |
| 1BR | $1,100 | +$105 (+10.6%) | +$200 (+22.2%) | $969 – $1,200 | 37 |
| 2BR | $1,295 | +$245 (+23.3%) | +$95 (+7.9%) | $1,100 – $1,450 | 85 |
| 2BR | $1,050 | $0 (0.0%) | −$150 (-12.5%) | $1,050 – $1,050 | 1 |
| 3BR | $1,650 | −$375 (-18.5%) | +$90 (+5.8%) | $1,560 – $1,750 | 95 |
| 3BR | $2,000 | −$25 (-1.2%) | +$440 (+28.2%) | $2,000 – $2,000 | 1 |
| 4BR | $1,850 | −$650 (-26.0%) | +$200 (+12.1%) | $1,850 – $1,850 | 1 |
| 4BR | $2,350 | −$150 (-6.0%) | +$700 (+42.4%) | $2,095 – $2,500 | 33 |
Median, P25, and P75 are asking rents from listings posted in May 2024. Changes compare against the nearest prior month with data.
Roseland vs. Chicago — May 2024
| Bedrooms | Roseland Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,150 | $1,196 | −$46 (-3.8%) |
| Studio | $980 | $1,196 | −$216 (-18.1%) |
| 1BR | $1,250 | $1,503 | −$252 (-16.8%) |
| 1BR | $1,100 | $1,503 | −$402 (-26.8%) |
| 2BR | $1,295 | $1,825 | −$530 (-29.0%) |
| 2BR | $1,050 | $1,825 | −$775 (-42.5%) |
| 3BR | $1,650 | $2,236 | −$586 (-26.2%) |
| 3BR | $2,000 | $2,236 | −$236 (-10.6%) |
| 4BR | $1,850 | $2,725 | −$875 (-32.1%) |
| 4BR | $2,350 | $2,725 | −$375 (-13.8%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in May 2024.