Monthly Rent Report
Hyde Park Rent Report — February 2023
Asking rents in ZIP 60615, Chicago, from 1,095 listings.
Median 1BR rent in Hyde Park was $1,525 in February 2023, up 22.5% (+$280) from January 2023 and up 9.3% year-over-year. The middle half of 1BR listings asked between $1,525 and $1,525. That puts Hyde Park $125 above the Chicago citywide 1BR median of $1,400. The month's figures are based on 1,095 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2023 | Vs. February 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,075 | +$80 (+8.0%) | +$225 (+26.5%) | $1,000 – $1,311 | 100 |
| Studio | $1,097 | +$102 (+10.3%) | +$247 (+29.1%) | $1,000 – $1,340 | 133 |
| 1BR | $1,525 | +$280 (+22.5%) | +$130 (+9.3%) | $1,525 – $1,525 | 1 |
| 1BR | $1,569 | +$324 (+26.0%) | +$174 (+12.4%) | $1,301 – $1,800 | 206 |
| 2BR | $1,720 | −$580 (-25.2%) | +$125 (+7.8%) | $1,683 – $1,758 | 2 |
| 2BR | $1,825 | −$475 (-20.7%) | +$230 (+14.4%) | $1,600 – $2,185 | 317 |
| 3BR | $1,695 | −$805 (-32.2%) | −$770 (-31.2%) | $1,695 – $1,695 | 1 |
| 3BR | $2,325 | −$175 (-7.0%) | −$140 (-5.7%) | $1,800 – $2,650 | 206 |
| 4BR | $3,200 | +$1,516 (+90.0%) | +$1,300 (+68.4%) | $2,695 – $3,600 | 81 |
| 4BR | $3,500 | +$1,816 (+107.8%) | +$1,600 (+84.2%) | $3,500 – $3,525 | 8 |
Median, P25, and P75 are asking rents from listings posted in February 2023. Changes compare against the nearest prior month with data.
Hyde Park vs. Chicago — February 2023
| Bedrooms | Hyde Park Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,075 | $1,149 | −$74 (-6.4%) |
| Studio | $1,097 | $1,149 | −$52 (-4.5%) |
| 1BR | $1,525 | $1,400 | +$125 (+8.9%) |
| 1BR | $1,569 | $1,400 | +$169 (+12.0%) |
| 2BR | $1,720 | $1,695 | +$25 (+1.5%) |
| 2BR | $1,825 | $1,695 | +$130 (+7.7%) |
| 3BR | $1,695 | $2,188 | −$492 (-22.5%) |
| 3BR | $2,325 | $2,188 | +$138 (+6.3%) |
| 4BR | $3,200 | $2,393 | +$808 (+33.8%) |
| 4BR | $3,500 | $2,393 | +$1,108 (+46.3%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in February 2023.