Rental market snapshot for Roseland, Chicago
Roseland rental market summary
The rental market in Roseland, Illinois is showing signs of growth. In July 2023, there were 102 new listings, a 7.7% increase from the previous month. This indicates that more people are looking to rent in the area. The median rent in July 2023 was $1,200, a 4.0% increase from the same time last year. This suggests that the rental market is becoming more competitive and that prices are increasing.
Overall, the rental market in Roseland, Illinois is showing positive signs of growth. With more listings and increasing prices, it appears that the area is becoming a more desirable place to live. As the rental market continues to grow, it is likely that more people will be attracted to the area, leading to further increases in rent prices.
Median rent for all residential properties in Roseland
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The most expensive listings and top trending buildings in Roseland
Most Expensive Listings
Address | Rent Price | Bed / Bath |
---|---|---|
10500 S Edbrooke Ave | $2,500 | 4 / 2.0 |
11310 S Indiana Ave | $2,350 | 3 / 2.5 |
9812 S Harvard Ave | $1,900 | 3 / 1.0 |
9745 South Wentworth Avenue | $1,750 | 3 / 1.5 |
11212 S Stewart Ave | $1,700 | 4 / 1.0 |
Top Trending Buildings
building name | avg rent price |
---|---|
PIP Management LLC | $1,075 |
Pangea Real Estate | $922 |
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Bedroom Breakdown in Roseland
Roseland neighborhood apartments rents
The rental market for studios in Roseland, Illinois appears to be stable, with only two new listings in February 2023 and a median rent of $1,750. Unfortunately, no data is available for January 2023, so it is not possible to determine the percent change in rent from that month. Overall, the rental market for studios in Roseland appears to be steady and consistent.
The rental market for 1-bedroom apartments in Roseland, Illinois is showing signs of growth. In July 2023, there were 4 new 1-bedroom listings, indicating an increase in demand for rental units. The median rent for 1-bedroom apartments in July 2023 was $938, an 8.1% increase from the median rent in June 2023 of $868. This suggests that the rental market is becoming more competitive, with landlords able to increase their prices due to the increased demand.
The rental market for 2-bedroom apartments in Roseland, Illinois is showing signs of growth. In May 2023, there were two new 2-bedroom listings, indicating an increase in demand for these types of apartments. The median rent for 2-bedroom apartments in May 2023 was $890, a decrease of 12.1% from the median rent in April 2023 of $1,012. This suggests that the rental market for 2-bedroom apartments in Roseland is becoming more affordable, making it an attractive option for renters.