Monthly Rent Report

Hyde Park Rent Report — December 2022

Asking rents in ZIP 60615, Chicago, from 298 listings.

Median 1BR rent in Hyde Park was $1,195 in December 2022, down 19.0% (−$280) from November 2022 and up 40.6% year-over-year. The middle half of 1BR listings asked between $1,195 and $1,195. That puts Hyde Park $150 below the Chicago citywide 1BR median of $1,345. The month's figures are based on 298 listings across 12 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. November 2022Vs. December 2021P25–P75 RangeListings
Studio$990−$65 (-6.2%)−$60 (-5.7%)$843 – $1,16922
Studio$1,050−$5 (-0.5%)$0 (0.0%)$1,050 – $1,0501
1BR$1,195−$280 (-19.0%)+$345 (+40.6%)$1,195 – $1,1952
1BR$1,600+$125 (+8.5%)+$750 (+88.2%)$1,450 – $2,00958
2BR$1,750−$25 (-1.4%)+$400 (+29.6%)$1,550 – $2,27573
2BR$1,950+$175 (+9.9%)+$600 (+44.4%)$1,950 – $1,9501
3BR$2,000+$105 (+5.5%)−$300 (-13.0%)$2,000 – $2,0001
3BR$1,800−$95 (-5.0%)−$500 (-21.7%)$1,800 – $1,80095
4BR$2,700+$305 (+12.7%)+$767 (+39.7%)$1,843 – $3,19530
4BR$1,695−$700 (-29.2%)−$238 (-12.3%)$1,695 – $1,6951

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

Hyde Park vs. ChicagoDecember 2022

BedroomsHyde Park MedianChicago Citywide MedianDifference
Studio$990$1,050−$60 (-5.7%)
Studio$1,050$1,050$0 (0.0%)
1BR$1,195$1,345−$150 (-11.2%)
1BR$1,600$1,345+$255 (+19.0%)
2BR$1,750$1,675+$75 (+4.5%)
2BR$1,950$1,675+$275 (+16.4%)
3BR$2,000$2,181−$181 (-8.3%)
3BR$1,800$2,181−$381 (-17.5%)
4BR$2,700$2,589+$111 (+4.3%)
4BR$1,695$2,589−$894 (-34.5%)

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

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