Monthly Rent Report

Hyde Park Rent Report — July 2022

Asking rents in ZIP 60615, Chicago, from 283 listings.

Median 1BR rent in Hyde Park was $1,175 in July 2022, down 40.5% (−$800) from June 2022 and down 35.3% year-over-year. The middle half of 1BR listings asked between $1,175 and $1,175. That puts Hyde Park $50 below the Chicago citywide 1BR median of $1,225. The month's figures are based on 283 listings across 12 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. June 2022Vs. July 2021P25–P75 RangeListings
Studio$995$0 (0.0%)−$245 (-19.8%)$995 – $9952
Studio$1,250+$255 (+25.6%)+$10 (+0.8%)$1,100 – $1,40017
1BR$1,175−$800 (-40.5%)−$640 (-35.3%)$1,175 – $1,1751
1BR$1,600−$375 (-19.0%)−$215 (-11.8%)$1,348 – $2,17551
2BR$1,825−$40 (-2.1%)+$75 (+4.3%)$1,600 – $2,50081
2BR$2,013+$148 (+7.9%)+$263 (+15.0%)$1,769 – $2,2562
3BR$2,683+$883 (+49.0%)+$183 (+7.3%)$2,574 – $2,7912
3BR$2,400+$600 (+33.3%)−$100 (-4.0%)$1,995 – $2,63567
4BR$1,800+$150 (+9.1%)−$905 (-33.5%)$1,800 – $1,8001
4BR$2,440+$790 (+47.9%)−$265 (-9.8%)$2,263 – $3,49628

Median, P25, and P75 are asking rents from listings posted in July 2022. Changes compare against the nearest prior month with data.

Hyde Park vs. ChicagoJuly 2022

BedroomsHyde Park MedianChicago Citywide MedianDifference
Studio$995$1,104−$109 (-9.9%)
Studio$1,250$1,104+$146 (+13.3%)
1BR$1,175$1,225−$50 (-4.1%)
1BR$1,600$1,225+$375 (+30.6%)
2BR$1,825$1,695+$130 (+7.7%)
2BR$2,013$1,695+$318 (+18.7%)
3BR$2,683$2,200+$483 (+21.9%)
3BR$2,400$2,200+$200 (+9.1%)
4BR$1,800$2,500−$700 (-28.0%)
4BR$2,440$2,500−$60 (-2.4%)

Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in July 2022.

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