Monthly Rent Report
Roseland Rent Report — August 2024
Asking rents in ZIP 60628, Chicago, from 7 listings.
Median 1BR rent in Roseland was $900 in August 2024, down 35.7% (−$500) from July 2024 and unchanged year-over-year. The middle half of 1BR listings asked between $900 and $900. That puts Roseland $638 below the Chicago citywide 1BR median of $1,538. The month's figures are based on 7 listings across 7 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2024 | Vs. August 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,158 | +$133 (+13.0%) | −$121 (-9.5%) | $1,158 – $1,158 | 1 |
| 1BR | $900 | −$500 (-35.7%) | $0 (0.0%) | $900 – $900 | 1 |
| 1BR | $1,300 | −$100 (-7.1%) | +$400 (+44.4%) | $1,300 – $1,300 | 1 |
| 2BR | $1,050 | −$600 (-36.4%) | −$350 (-25.0%) | $1,050 – $1,050 | 1 |
| 3BR | $1,650 | −$100 (-5.7%) | +$90 (+5.8%) | $1,650 – $1,650 | 1 |
| 4BR | $2,500 | +$400 (+19.0%) | +$620 (+33.0%) | $2,500 – $2,500 | 1 |
Median, P25, and P75 are asking rents from listings posted in August 2024. Changes compare against the nearest prior month with data.
Roseland vs. Chicago — August 2024
| Bedrooms | Roseland Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,158 | $1,190 | −$32 (-2.7%) |
| 1BR | $900 | $1,538 | −$638 (-41.5%) |
| 1BR | $1,300 | $1,538 | −$238 (-15.5%) |
| 2BR | $1,050 | $1,823 | −$772 (-42.4%) |
| 3BR | $1,650 | $2,300 | −$650 (-28.3%) |
| 4BR | $2,500 | $2,995 | −$495 (-16.5%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in August 2024.