Monthly Rent Report
Hyde Park Rent Report — January 2023
Asking rents in ZIP 60615, Chicago, from 1,116 listings.
Median 1BR rent in Hyde Park was $1,245 in January 2023, up 4.2% (+$50) from December 2022 and down 19.7% year-over-year. The middle half of 1BR listings asked between $1,245 and $1,245. That puts Hyde Park $105 below the Chicago citywide 1BR median of $1,350. The month's figures are based on 1,116 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2022 | Vs. January 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $995 | +$5 (+0.5%) | −$730 (-42.3%) | $995 – $995 | 1 |
| Studio | $1,222 | +$232 (+23.4%) | −$503 (-29.2%) | $1,050 – $1,650 | 116 |
| 1BR | $1,245 | +$50 (+4.2%) | −$305 (-19.7%) | $1,245 – $1,245 | 1 |
| 1BR | $1,900 | +$705 (+59.0%) | +$350 (+22.6%) | $1,575 – $2,200 | 365 |
| 2BR | $2,300 | +$350 (+17.9%) | +$825 (+55.9%) | $1,850 – $2,800 | 397 |
| 2BR | $1,800 | −$150 (-7.7%) | +$325 (+22.0%) | $1,800 – $1,800 | 1 |
| 3BR | $3,300 | +$1,500 (+83.3%) | +$1,100 (+50.0%) | $3,300 – $3,300 | 1 |
| 3BR | $2,500 | +$700 (+38.9%) | +$300 (+13.6%) | $1,895 – $3,000 | 160 |
| 4BR | $3,200 | +$500 (+18.5%) | +$1,267 (+65.5%) | $2,990 – $3,500 | 49 |
| 4BR | $1,685 | −$1,015 (-37.6%) | −$248 (-12.9%) | $1,679 – $1,690 | 2 |
Median, P25, and P75 are asking rents from listings posted in January 2023. Changes compare against the nearest prior month with data.
Hyde Park vs. Chicago — January 2023
| Bedrooms | Hyde Park Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $995 | $1,061 | −$66 (-6.2%) |
| Studio | $1,222 | $1,061 | +$160 (+15.1%) |
| 1BR | $1,245 | $1,350 | −$105 (-7.8%) |
| 1BR | $1,900 | $1,350 | +$550 (+40.7%) |
| 2BR | $2,300 | $1,698 | +$603 (+35.5%) |
| 2BR | $1,800 | $1,698 | +$103 (+6.0%) |
| 3BR | $3,300 | $2,123 | +$1,178 (+55.5%) |
| 3BR | $2,500 | $2,123 | +$378 (+17.8%) |
| 4BR | $3,200 | $2,417 | +$784 (+32.4%) |
| 4BR | $1,685 | $2,417 | −$732 (-30.3%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in January 2023.