Roseland Cost of Living 2026: Chicago Rent, Transit, Homes

Key takeaway: A one-bedroom in Roseland rents for about $1,030 to $1,050 a month in 2026, single-family homes sold for a median $157,000 in 2024, among the lowest in the city, and the Red Line Extension will add three Roseland-area stations by 2030.

Roseland is on the Far South Side along Michigan Avenue and State Street, a neighborhood of bungalows and two-flats between the Dan Ryan and the Metra Electric tracks. Its typical one-bedroom, about $1,027 a month, runs about $1,052 below the citywide typical of $2,079 (Zillow, September 2026), the 5th lowest of the 92 areas in our neighborhood comparison.

Typical one-bedroom	$1,027 a month
Typical two-bedroom	$1,550 a month
Income for your own one-bedroom	About $41,080 a year
L lines	None (Red Line Extension due 2030)
Metra	Metra Electric
Part of the city	South Side

At a glance, October 2026. Rents are the figures used in the sample budget below; income is our calculation, rent times 40.

Roseland cost of living: typical one-bedroom $1,027 and two-bedroom $1,550 a month, compared with $2,079 and $2,516 citywide — Typical rents in Roseland compared with the citywide typical (Zillow, September 2026). Neighborhood figures are the ones in the table above; income is our calculation, rent times 40.

On this page: Rent · Getting around · Groceries · Parks · Parking · Taxes and home prices · New housing · Buyer help · Sample budget

Rent by apartment size

Unit	Zumper (avg., Aug 2026)	RentHop (avg., Aug 2026)
Studio	$850	n/a
1 bedroom	$1,027	$1,050
2 bedrooms	$1,550	$1,400
3 bedrooms	$1,900	$1,900

Source: Zumper Roseland rent research, updated August 19, 2026; RentHop Roseland. We left out RentHop’s studio figure because it rested on too few listings. Sources differ because they track different listings; see why rent reports disagree.

Getting around

Metra Electric: 91st Street/Chesterfield, 103rd Street/Rosemoor and 107th Street, all Zone 2 at $3.75 one way (Metra fares). The 95th Street/Chicago State University station is closed for rebuilding and expected to reopen in the third quarter of 2027. See Metra fares.
Buses: #4 Cottage Grove, #34 South Michigan, #108 Halsted/95th, #111, #115, #119 and #95, most connecting to the Red Line at 95th/Dan Ryan.
Coming: The CTA’s Red Line Extension will add four stations south of 95th Street, including stations at 103rd Street, 111th Street and Michigan Avenue; preparatory work began in 2026, and the stations are expected to open in 2030 (CTA; CTA spring 2026 newsletter).

A 30-day CTA pass is $75 (CTA).

Groceries nearby

Store	Address
Food 4 Less 87th and Dan Ryan	112 W. 87th St.
Jewel-Osco 87th and State	87 W. 87th St.
Walmart Supercenter (Pullman)	10900 S. Doty Ave.

Source: each store’s own location page or locator, checked October 25, 2026. See our Chicago grocery guide.

Parks

Abbott Park at 49 E. 95th St. covers 25 acres with a pool, spray pools, a fieldhouse, ball diamonds and a track (Chicago Park District).

Parking

If you will have a car, check your block with the City Clerk’s zone lookup before you sign a lease. Adding a residential permit zone to your City Sticker costs $25 to $35 a year, on top of the $105.18 passenger-car sticker; our parking guide covers guest passes, meters and garages.

Property taxes and home prices

The Assessor’s 2024 report put Roseland median sale prices at $157,000 for a single-family home and $187,000 for a two-to-six-unit building (Cook County Assessor, 2024 Chicago report). Citywide, the median Chicago homeowner bill for tax year 2025, mailed in August 2026, was $4,597, up 3.2% (Cook County Treasurer). Businesses along Michigan Avenue are in SSA 71 (City of Chicago SSA list). For how bills are set and how to appeal, see our property tax guide, and to weigh owning against renting, our rent vs. buy calculator.

New housing

1Fifteen at Michigan Station, planned next to the future Red Line stop at Michigan and 115th, would add 58 affordable apartments and retail, with construction possibly starting in 2027 (Chicago Agent).

Help buying a home

HomeGrown (City of Chicago): purchase grants of $10,000 to $70,000 depending on income and which of two city zones the home is in, for buyers up to 150% of area median income, launched June 2026 with $21 million (Sun-Times).
IHDAccess Home (State of Illinois): up to $15,000 for first-time buyers as a 0% deferred second mortgage (Governor’s office).
Cook County Down Payment Assistance: 5% of the loan, up to $25,000, forgivable over five years (Cook County).

Roseland cost of living: a sample monthly budget

Setup	Rent	CTA pass	Income needed at 30% rent
Your own one-bedroom	$1,027	$75	$41,080
Half of a two-bedroom	$775	$75	$31,000
Your own two-bedroom	$1,550	$75	$62,000

Source: our calculation from the Zumper averages above. Income needed is monthly rent times 12, divided by 0.30. For a fuller answer that includes taxes and the rest of your budget, try our Chicago salary calculator, and see Chicago move-in costs for what you’ll pay up front.

Compare every neighborhood side by side in our Chicago neighborhood cost comparison, or work out your own number with our salary calculator. More South Side neighborhood profiles: Archer Heights, Ashburn, Auburn Gresham, Avalon Park, Back of the Yards and Canaryville, Beverly, Bridgeport, Brighton Park, Bronzeville, Burnside, Calumet Heights, Chatham, Chicago Lawn, Chinatown, Clearing, East Side, Englewood, Fuller Park, Gage Park, Garfield Ridge, Greater Grand Crossing, Hegewisch, Hyde Park, Kenwood, McKinley Park, Morgan Park, Mount Greenwood, Oakland, Pullman, Riverdale, South Chicago, South Deering, South Shore, Washington Heights, Washington Park, West Elsdon, West Englewood, West Lawn, West Pullman and Woodlawn.

Costs that apply in every neighborhood: property tax bills, closing costs and condo fees, water, sewer and garbage fees, ComEd and Peoples Gas, CTA fares, parking, average salaries by job and our Chicago cost index.

Cost of living in Roseland, Chicago (2026)