Monthly Rent Report

Hyde Park Rent Report — August 2022

Asking rents in ZIP 60615, Chicago, from 1,123 listings.

Median 1BR rent in Hyde Park was $1,395 in August 2022, up 18.7% (+$220) from July 2022 and down 0.2% year-over-year. The middle half of 1BR listings asked between $1,395 and $1,395. That puts Hyde Park $100 above the Chicago citywide 1BR median of $1,295. The month's figures are based on 1,123 listings across 12 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. July 2022Vs. August 2021P25–P75 RangeListings
Studio$1,050+$55 (+5.5%)−$100 (-8.7%)$940 – $1,33899
Studio$1,050+$55 (+5.5%)−$100 (-8.7%)$1,050 – $1,0501
1BR$1,395+$220 (+18.7%)−$2 (-0.2%)$1,395 – $1,3951
1BR$1,675+$500 (+42.6%)+$278 (+19.9%)$1,350 – $2,175299
2BR$2,095+$83 (+4.1%)+$245 (+13.2%)$1,725 – $2,800365
2BR$1,500−$512 (-25.5%)−$350 (-18.9%)$1,500 – $1,5001
3BR$2,499−$183 (-6.8%)+$499 (+24.9%)$2,100 – $2,861212
3BR$1,800−$882 (-32.9%)−$200 (-10.0%)$1,800 – $1,8001
4BR$3,100+$660 (+27.0%)+$1,600 (+106.7%)$2,800 – $3,50070
4BR$1,700−$740 (-30.3%)+$200 (+13.3%)$1,700 – $1,7001

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

Hyde Park vs. ChicagoAugust 2022

BedroomsHyde Park MedianChicago Citywide MedianDifference
Studio$1,050$1,095−$45 (-4.1%)
Studio$1,050$1,095−$45 (-4.1%)
1BR$1,395$1,295+$100 (+7.7%)
1BR$1,675$1,295+$380 (+29.3%)
2BR$2,095$1,795+$300 (+16.7%)
2BR$1,500$1,795−$295 (-16.4%)
3BR$2,499$2,250+$249 (+11.1%)
3BR$1,800$2,250−$450 (-20.0%)
4BR$3,100$2,455+$645 (+26.3%)
4BR$1,700$2,455−$755 (-30.8%)

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

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