Average Rent in Hyde Park, Chicago, IL

Home » IL » Chicago » Hyde Park

Current Versus Historical Hyde Park, Chicago, IL Rents

Hyde Park rentals average $1,290 for a studio rental to $4,200 for a 4-bedroom rental. The median price of all currently available listings is $1,950, or roughly $25 per square feet.

For the apartment units and housing in July 2026, median rents have risen over the last year. Studio rentals prices have increased by $94 (8.63%) year-over-year from $1,091 to $1,185. 1-bedroom rentals prices have increased by $88 (5.26%) year-over-year from $1,663 to $1,750. 2-bedroom rentals prices have increased by $123 (5.93%) year-over-year from $2,065 to $2,188. 3-bedroom rentals prices have decreased by $133 (-5.03%) year-over-year from $2,633 to $2,500. 4-bedroom rentals prices have increased by $18 (0.49%) year-over-year from $3,583 to $3,600. Note that this figure includes all active and rented listings throughout the month.

Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone down by 4.56% this month. 1-bedroom rents have gone up by 0.05% this month. 2-bedroom rents have gone up by 6.06% this month. 3-bedroom rents have gone down by 5.06% this month. 4-bedroom rents have gone down by 2.70% this month.

Beds	Price / Sqft	Jul 2026 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$34.53	$1,185	$1,091 (8.63%)	$1,128 (5.10%)
1 BR	$30.57	$1,750	$1,663 (5.26%)	$1,386 (26.23%)
2 BR	$24.32	$2,188	$2,065 (5.93%)	$1,858 (17.76%)
3 BR	$21.60	$2,500	$2,633 (-5.03%)	$2,465 (1.42%)
4+ BR	$22.91	$3,600	$3,583 (0.49%)	$3,204 (12.35%)

Historical Rents in Hyde Park, Chicago, IL

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Hyde Park

There are a total of 13 cities nearby Hyde Park. The average rent in Hyde Park is currently $2,400 per month. A total of 2 cities nearby have an average rent lower than that. Our records show that Cicero, IL, with an average rent of $1,200, is the most affordable city nearby. In contrast, the most expensive city near Hyde Park, Chicago, IL is Plainfield, IL. Monthly rents here are on average $3,150 per month.

Let's compare Hyde Park, Chicago, IL's rent against other top cities nearby by bedroom size. Typically, rent for studios in Hyde Park, Chicago, IL is 10.37% more expensive than other cities nearby. One bedrooms are about 0.22% more affordable. Two bedrooms in Hyde Park, Chicago, IL are about 11.90% more affordable. Finally, rent for three bedrooms are about 14.00% more affordable. Want more information? Check out the top 10 cities out of 13 total cities near Hyde Park, Chicago, IL in the following table.

City	Studio	1 Bed	2 Bed	All
Cicero, IL	$895	$1,088	$1,625	$1,200
Berwyn, IL	$1,100	$1,250	$1,750	$1,300
Wheaton, IL	$1,300	$2,126	$2,349	$2,200
Chicago, IL	$1,587	$2,150	$2,500	$2,300
Schaumburg, IL	N/A	$2,092	$2,256	$2,300
Oak Park, IL	$1,300	$1,750	$2,375	$2,325
Skokie, IL	N/A	$1,625	$2,475	$2,500
Evanston, IL	$2,125	$2,198	$2,450	$2,573
Naperville, IL	$1,325	$1,799	$2,350	$2,600
Buffalo Grove, IL	N/A	$1,875	$2,725	$3,007

Top Neighborhoods Near Hyde Park

There are a total of 28 neighborhoods in or near Hyde Park. Some of these neighborhoods include Englewood, South Shore, and Rogers Park. We've included all of these top 28 neighborhoods in or near Hyde Park, Chicago, IL in the following table.

The average rent for these 28 neighborhoods in or near Hyde Park, Chicago, IL is currently around $2,302 per month. A total of 7 neighborhoods have a lower average rent. Meaning, only twenty-one neighborhoods have a higher average rent than $2,302. Interestingly, the neighborhoods' average rent is higher than Hyde Park's average rent, which is only $1,950. Out of all the neighborhoods in or near Hyde Park, Englewood has the most affordable average rent at $1,425 per month. Whereas, at $3,495 average rent per month, Bucktown is the most expensive neighborhood in or near Hyde Park. View the following table for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Englewood, Chicago, IL	$1,100	$1,250	$1,375	$1,425
South Shore, Chicago, IL	$1,200	$1,300	$1,450	$1,600
Rogers Park, Chicago, IL	$1,195	$1,495	$1,850	$1,650
Austin, Chicago, IL	$925	$950	$1,800	$1,800
Lawndale, Chicago, IL	N/A	$1,450	$1,750	$1,800
Edgewater, Chicago, IL	$1,498	$1,800	$2,600	$1,850
Albany Park, Chicago, IL	$1,375	$1,450	$1,975	$1,850
Uptown, Chicago, IL	$1,295	$1,850	$2,950	$2,000
Ravenswood, Chicago, IL	$1,475	$1,950	$2,500	$2,050
Pilsen, Chicago, IL	$1,988	$1,650	$2,000	$2,073
West Rogers Park, Chicago, IL	N/A	$1,563	$1,950	$2,095
Jefferson Park, Chicago, IL	$1,375	$1,475	$2,100	$2,100
Woodlawn, Chicago, IL	$2,400	$1,565	$1,800	$2,200
Far East, Aurora, IL	N/A	$1,905	$2,199	$2,204
Bronzeville, Chicago, IL	$1,200	$1,695	$2,370	$2,400
Logan Square, Chicago, IL	$1,595	$2,100	$2,595	$2,400
Humboldt Park, Chicago, IL	$1,675	$1,863	$2,000	$2,400
Lakeview, Chicago, IL	$1,595	$2,195	$3,200	$2,500
University Village - Little Italy, Chicago, IL	$850	$2,100	$2,550	$2,625
Lincoln Park, Chicago, IL	$1,775	$2,500	$3,823	$2,648
Near North Side, Chicago, IL	$1,900	$2,550	$3,993	$2,800
South Loop, Chicago, IL	$2,003	$2,400	$3,200	$2,875
The Loop, Chicago, IL	$2,138	$2,600	$3,950	$2,950
Wicker Park, Chicago, IL	$2,450	$2,548	$2,950	$3,210
Near West Side, Chicago, IL	N/A	$2,842	$3,717	$3,295
West Town, Chicago, IL	$2,200	$2,297	$2,925	$3,300
DePaul, Chicago, IL	$1,855	$2,523	$3,600	$3,350
Bucktown, Chicago, IL	$2,363	$2,600	$3,150	$3,495

Top Counties Near Hyde Park

There are a total of 27 counties located by Hyde Park, Chicago, IL. Some of these counties include Cicero, IL, Berwyn, IL, and Worth, IL. The average rent for rentals in these counties is $2,350. That's roughly around $24 per sqft. A total of 4 counties have a lower average rent. The county that is the most affordable is Cicero, IL. Its average rent per month is $1,200. Vice versa, with an average rent of $3,550, New Trier, IL is the most expensive county by Hyde Park, Chicago, IL.

Typically, rent for studios in Hyde Park, Chicago, IL is 9.88% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Hyde Park, Chicago, IL is 9.47% more expensive than other counties nearby. Finally, rent for two bedrooms in Hyde Park, Chicago, IL is 4.76% more affordable than other counties nearby. We've listed the top 10 counties in the table below.

County	Studio	1 Bed	2 Bed	All
Cicero, IL	$895	$1,088	$1,625	$1,200
Berwyn, IL	$1,100	$1,250	$1,750	$1,300
Worth, IL	$1,575	$1,390	$1,650	$1,700
Thornton, IL	$1,250	$1,173	$1,500	$1,750
Leyden, IL	$1,360	$1,395	$2,150	$1,963
Proviso, IL	$1,125	$1,400	$1,925	$2,050
Lyons, IL	N/A	$1,410	$1,750	$2,200
Chicago, IL	$1,587	$2,150	$2,500	$2,300
Oak Park, IL	$1,300	$1,750	$2,375	$2,325
Evanston, IL	$2,125	$2,198	$2,450	$2,573

Top Zipcodes Near Hyde Park

There are a total of 37 zipcodes in or near Hyde Park, Chicago, IL. The average rent for all of these zipcodes is $2,260. A total of 12 zipcodes have an average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 60804, Cicero, IL at $1,200 per month. In comparison, the zipcode with the most expensive average rent of $3,300 per month is 60642, Chicago, IL.

Studios in these zipcodes have an average rent of $1,445. That's at least $39 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Hyde Park, Chicago, IL is $1,799 per month. Or in other words, $31 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,400 per month. Which comes out to $28 per sqft. The following table includes the top 10 zipcodes in Hyde Park, Chicago, IL. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
60615, Chicago, IL	$1,243	$1,675	$2,125	$2,100
60637, Chicago, IL	$1,688	$1,565	$1,795	$1,950
60649, Chicago, IL	$1,200	$1,300	$1,450	$1,600
60616, Chicago, IL	$1,325	$2,325	$2,670	$2,450
60619, Chicago, IL	$1,000	$1,200	$1,400	$1,500
60605, Chicago, IL	$2,003	$2,421	$3,400	$2,950
60620, Chicago, IL	$1,473	$1,200	$1,400	$1,525
60608, Chicago, IL	$1,988	$1,698	$2,000	$2,100
60607, Chicago, IL	$850	$2,888	$3,627	$3,200
60601, Chicago, IL	$2,138	$2,600	$4,200	$3,100

Frequently Asked Questions - Hyde Park Average Rents

What is the average rent price in Hyde Park, Chicago, IL?

The average monthly rental price for Hyde Park, Chicago, IL apartments for rent is approximately $1,950. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Hyde Park, Chicago, IL rent prices drop in winter?

Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Hyde Park, Chicago, IL.

How much is a studio apartment in Hyde Park, Chicago, IL?

The average monthly rental price for studio apartments is $1,290 and an average price per square feet of $34.53. There are a total of 7 studio apartment listings currently available for rent in Hyde Park.

How much is a one bedroom apartment in Hyde Park, Chicago, IL?

The average monthly rental price for one bedroom apartments is $1,795 and an average price per square feet of $30.57. There are a total of 16 one bedroom apartment listings currently available for rent in Hyde Park.

How much is a two bedroom apartment in Hyde Park, Chicago, IL?

The average monthly rental price for two bedroom apartments is $2,100 and an average price per square feet of $24.32. There are a total of 15 two bedroom apartment listings currently available for rent in Hyde Park.

How have rent prices in Hyde Park, Chicago, IL changed this year?

Rent prices for rentals in Hyde Park, Chicago, IL can fluctuate yearly. Specifically, studio rental prices have changed by 0.09%, one bedroom rental prices have changed by 0.05%, two bedroom rental prices have changed by 0.06%, three bedroom rental prices have changed by -0.05% year-over-year.

What is a reasonable rent price in Hyde Park, Chicago, IL?

A reasonable rent price in Hyde Park, Chicago, IL is around $1,560/month. You can search for these reasonably priced rental listings on RentHop.