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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 L6rjP+aKqn9d1++EKBE31C9PVhhFEUG4JizsKKl51bREAt3GzMhS7Sf7LjEVNwEI
 dXvi9js3ydEgNDH7tbH1SA==

<SEC-DOCUMENT>0001215319-03-000001.txt : 20030603
<SEC-HEADER>0001215319-03-000001.hdr.sgml : 20030603
<ACCEPTANCE-DATETIME>20030603135802
ACCESSION NUMBER:		0001215319-03-000001
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20030602
FILED AS OF DATE:		20030603

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			DEERING ANTHONY W
		CENTRAL INDEX KEY:			0001215319

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-11543
		FILM NUMBER:		03729959

	BUSINESS ADDRESS:	
		STREET 1:		C/O THE ROUSE CO
		STREET 2:		10275 LITTLE PATUXENT PARKWAY
		CITY:			COLUMBIA
		STATE:			MD
		ZIP:			21044
		BUSINESS PHONE:		4109926161

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ROUSE COMPANY
		CENTRAL INDEX KEY:			0000085388
		STANDARD INDUSTRIAL CLASSIFICATION:	OPERATORS OF NONRESIDENTIAL BUILDINGS [6512]
		IRS NUMBER:				520735512
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		10275 LITTLE PATUXENT PKWY
		CITY:			COLUMBIA
		STATE:			MD
		ZIP:			21044-3456
		BUSINESS PHONE:		4109926000

	MAIL ADDRESS:	
		STREET 1:		10275 LITTLE PATUXENT PARKWAY
		CITY:			COLUMBIA
		STATE:			MD
		ZIP:			21044

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	COMMUNITY RESEARCH & DEVELOPMENT INC
		DATE OF NAME CHANGE:	19660913
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>edgar.xml
<DESCRIPTION>PRIMARY DOCUMENT
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>
    <schemaVersion>X0101</schemaVersion>

    <documentType>4</documentType><periodOfReport>2003-06-02</periodOfReport>
    <issuer>
        <issuerCik>0000085388</issuerCik>
        <issuerName>ROUSE COMPANY</issuerName>
        <issuerTradingSymbol>RSE</issuerTradingSymbol></issuer><reportingOwner><reportingOwnerId>
            <rptOwnerCik>0001215319</rptOwnerCik>
            <rptOwnerName>DEERING ANTHONY W</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>  </rptOwnerStreet1>
            <rptOwnerStreet2>  </rptOwnerStreet2>
            <rptOwnerCity>  </rptOwnerCity>
            <rptOwnerState>  </rptOwnerState>
            <rptOwnerZipCode>  </rptOwnerZipCode>
        </reportingOwnerAddress>
            <reportingOwnerRelationship>
<isDirector>1</isDirector><isOfficer>1</isOfficer><isTenPercentOwner>0</isTenPercentOwner><isOther>0</isOther><officerTitle>Chairman, President and CEO</officerTitle></reportingOwnerRelationship></reportingOwner><nonDerivativeSecurity><securityTitle><value>Common Stock</value></securityTitle><transactionDate><value>2003-06-02</value></transactionDate><transactionCoding><transactionFormType>4</transactionFormType><transactionCode>M</transactionCode><equitySwapInvolved>0</equitySwapInvolved></transactionCoding><transactionAmounts><transactionShares><value>5983</value></transactionShares><transactionValue><value>34.2</value></transactionValue><transactionAcquiredDisposedCode><value>A</value></transactionAcquiredDisposedCode></transactionAmounts><postTransactionAmounts><sharesOwnedFollowingTransaction><value>462732</value></sharesOwnedFollowingTransaction></postTransactionAmounts><ownershipNature><directOrIndirectOwnership><value>D</value></directOrIndirectOwnership><natureOfOwnership><value></value></natureOfOw
nership></ownershipNature></nonDerivativeSecurity><nonDerivativeSecurity><securityTitle><value>Common Stock</value></securityTitle><transactionDate><value>2003-06-02</value></transactionDate><transactionCoding><transactionFormType>4</transactionFormType><transactionCode>M</transactionCode><equitySwapInvolved>0</equitySwapInvolved></transactionCoding><transactionAmounts><transactionShares><value>37228</value></transactionShares><transactionValue><value>34.2</value></transactionValue><transactionAcquiredDisposedCode><value>A</value></transactionAcquiredDisposedCode></transactionAmounts><postTransactionAmounts><sharesOwnedFollowingTransaction><value>499960</value><footnoteId id="F1"/></sharesOwnedFollowingTransaction></postTransactionAmounts><ownershipNature><directOrIndirectOwnership><value>D</value></directOrIndirectOwnership><natureOfOwnership><value></value></natureOfOwnership></ownershipNature></nonDerivativeSecurity><derivativeSecurity><securityTitle><value>Stock Options (Right to Buy)</value></securityTi
tle><conversionOrExercisePrice><value>34.2</value></conversionOrExercisePrice><transactionDate><value>2003-06-02</value></transactionDate><transactionCoding><transactionFormType>4</transactionFormType><transactionCode>M</transactionCode><equitySwapInvolved>0</equitySwapInvolved></transactionCoding><transactionAmounts><transactionShares><value>5983</value></transactionShares><transactionValue><value>0</value></transactionValue><transactionAcquiredDisposedCode><value>D</value></transactionAcquiredDisposedCode></transactionAmounts><exerciseDate><value>2003-03-20</value></exerciseDate><expirationDate><value>2003-09-22</value></expirationDate><underlyingSecurity><underlyingSecurityTitle><value>Common Stock</value></underlyingSecurityTitle><underlyingSecurityShares><value>5983</value></underlyingSecurityShares></underlyingSecurity><postTransactionAmounts><sharesOwnedFollowingTransaction><value>0</value></sharesOwnedFollowingTransaction></postTransactionAmounts><ownershipNature><directOrIndirectOwnership><value>D</
value></directOrIndirectOwnership><natureOfOwnership><value></value></natureOfOwnership></ownershipNature></derivativeSecurity><derivativeSecurity><securityTitle><value>Stock Options (Right to Buy)</value></securityTitle><conversionOrExercisePrice><value>34.2</value></conversionOrExercisePrice><transactionDate><value>2003-06-02</value></transactionDate><transactionCoding><transactionFormType>4</transactionFormType><transactionCode>M</transactionCode><equitySwapInvolved>0</equitySwapInvolved></transactionCoding><transactionAmounts><transactionShares><value>37228</value></transactionShares><transactionValue><value>0</value></transactionValue><transactionAcquiredDisposedCode><value>D</value></transactionAcquiredDisposedCode></transactionAmounts><exerciseDate><value>2003-03-20</value></exerciseDate><expirationDate><value>2003-09-22</value></expirationDate><underlyingSecurity><underlyingSecurityTitle><value>Common Stock</value></underlyingSecurityTitle><underlyingSecurityShares><value>37228</value></underlyingSec
urityShares></underlyingSecurity><postTransactionAmounts><sharesOwnedFollowingTransaction><value>0</value></sharesOwnedFollowingTransaction></postTransactionAmounts><ownershipNature><directOrIndirectOwnership><value>D</value></directOrIndirectOwnership><natureOfOwnership><value></value></natureOfOwnership></ownershipNature></derivativeSecurity><footnotes><footnote id="F1">Reporting Person also indirectly holds 4,647.714 shares in a 401(k) account.</footnote></footnotes><ownerSignature><signatureName>/s/Jeffrey C. Palkovitz - attorney-in-fact</signatureName><signatureDate>2003-06-03</signatureDate></ownerSignature></ownershipDocument>

</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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