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These days, finding an affordable place to live in the Roseland area can be challenging. Home prices in Roseland are now at a median cost of $170,006, lower than the Chicago average of $351,773.
The average cost of rent is $1,209/mo in Roseland, primarily driven by the current value of real estate in the Roseland area. In Roseland, 45.80% of households rent, and 45.15% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Roseland is $4,923 per month. Households that rent pay about 24.56% of their income on rent here. Roseland’s most expensive areas are in the western regions, while the cheapest areas are in the southeastern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Pullman, Chicago, IL: equally priced homes
- Washington Heights, Chicago, IL: higher priced homes
- Gano, Chicago, IL: equally priced homes
- Placerdale, Chicago, IL: less expensive homes
- West Pullman, Chicago, IL: equally priced homes
- Chatham, Chicago, IL: higher priced homes
- Morgan Park, Chicago, IL: higher priced homes
- Beverly, Chicago, IL: higher priced homes
- Brainerd, Chicago, IL: higher priced homes
- Calumet Heights, Chicago, IL: higher priced homes
Neighborhoods with Similar Populations
- Watts, Los Angeles, CA: higher priced homes
- Torresdale, Philadelphia, PA: higher priced homes
- Unionport, Bronx, NY: higher priced homes
- Desert View, Phoenix, AZ: higher priced homes
- Columbia Heights, Washington, DC: higher priced homes
- Clinton, Manhattan, NY: higher priced homes
- Clinton Hill, Brooklyn, NY: higher priced homes
- Clairemont Mesa, San Diego, CA: higher priced homes
- City Heights East, San Diego, CA: higher priced homes
- Throgs Neck-Edgewater Park, Bronx, NY: higher priced homes
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