Monthly Rent Report

Roseland Rent Report — July 2024

Asking rents in ZIP 60628, Chicago, from 105 listings.

Median 1BR rent in Roseland was $968 in July 2024, down 22.0% (−$272) from June 2024 and up 1.8% year-over-year. The middle half of 1BR listings asked between $900 and $1,360. That puts Roseland $593 below the Chicago citywide 1BR median of $1,560. The month's figures are based on 105 listings across 12 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. June 2024Vs. July 2023P25–P75 RangeListings
Studio$900−$700 (-43.8%)+$50 (+5.9%)$900 – $9003
Studio$1,025−$575 (-35.9%)+$175 (+20.6%)$900 – $1,2634
1BR$968−$272 (-22.0%)+$18 (+1.8%)$900 – $1,36014
1BR$1,400+$160 (+12.9%)+$450 (+47.4%)$1,400 – $1,4001
2BR$1,650+$400 (+32.0%)+$424 (+34.6%)$1,650 – $1,6502
2BR$1,650+$400 (+32.0%)+$424 (+34.6%)$1,538 – $1,6504
3BR$1,750+$89 (+5.4%)+$100 (+6.1%)$1,560 – $1,77543
3BR$1,600−$61 (-3.7%)−$50 (-3.0%)$1,475 – $1,8503
4BR$1,850−$250 (-11.9%)+$175 (+10.4%)$1,850 – $1,9505
4BR$2,100$0 (0.0%)+$425 (+25.4%)$1,750 – $2,20017

Median, P25, and P75 are asking rents from listings posted in July 2024. Changes compare against the nearest prior month with data.

Roseland vs. ChicagoJuly 2024

BedroomsRoseland MedianChicago Citywide MedianDifference
Studio$900$1,218−$318 (-26.1%)
Studio$1,025$1,218−$193 (-15.9%)
1BR$968$1,560−$592 (-38.0%)
1BR$1,400$1,560−$160 (-10.3%)
2BR$1,650$1,805−$155 (-8.6%)
2BR$1,650$1,805−$155 (-8.6%)
3BR$1,750$2,363−$612 (-25.9%)
3BR$1,600$2,363−$762 (-32.3%)
4BR$1,850$2,789−$939 (-33.7%)
4BR$2,100$2,789−$689 (-24.7%)

Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in July 2024.

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