Monthly Rent Report
Hyde Park Rent Report — March 2023
Asking rents in ZIP 60615, Chicago, from 1,102 listings.
Median 1BR rent in Hyde Park was $1,465 in March 2023, down 6.6% (−$103) from February 2023 and down 1.3% year-over-year. The middle half of 1BR listings asked between $1,430 and $1,500. That puts Hyde Park $69 above the Chicago citywide 1BR median of $1,396. The month's figures are based on 1,102 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2023 | Vs. March 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,025 | −$50 (-4.7%) | +$175 (+20.6%) | $1,025 – $1,025 | 1 |
| Studio | $1,148 | +$73 (+6.8%) | +$298 (+35.1%) | $1,000 – $1,303 | 147 |
| 1BR | $1,465 | −$103 (-6.6%) | −$20 (-1.3%) | $1,430 – $1,500 | 2 |
| 1BR | $1,565 | −$3 (-0.2%) | +$80 (+5.4%) | $1,375 – $1,820 | 228 |
| 2BR | $1,895 | +$175 (+10.2%) | +$100 (+5.6%) | $1,895 – $1,895 | 1 |
| 2BR | $1,910 | +$190 (+11.0%) | +$115 (+6.4%) | $1,695 – $2,250 | 313 |
| 3BR | $2,250 | +$555 (+32.7%) | +$153 (+7.3%) | $1,900 – $2,681 | 284 |
| 3BR | $1,450 | −$245 (-14.5%) | −$647 (-30.9%) | $1,450 – $1,450 | 1 |
| 4BR | $1,670 | −$1,830 (-52.3%) | +$9 (+0.5%) | $1,658 – $1,683 | 2 |
| 4BR | $2,850 | −$650 (-18.6%) | +$1,189 (+71.6%) | $1,849 – $3,500 | 86 |
Median, P25, and P75 are asking rents from listings posted in March 2023. Changes compare against the nearest prior month with data.
Hyde Park vs. Chicago — March 2023
| Bedrooms | Hyde Park Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,025 | $1,204 | −$179 (-14.8%) |
| Studio | $1,148 | $1,204 | −$56 (-4.6%) |
| 1BR | $1,465 | $1,396 | +$69 (+4.9%) |
| 1BR | $1,565 | $1,396 | +$169 (+12.1%) |
| 2BR | $1,895 | $1,698 | +$198 (+11.6%) |
| 2BR | $1,910 | $1,698 | +$213 (+12.5%) |
| 3BR | $2,250 | $2,200 | +$50 (+2.3%) |
| 3BR | $1,450 | $2,200 | −$750 (-34.1%) |
| 4BR | $1,670 | $2,444 | −$774 (-31.7%) |
| 4BR | $2,850 | $2,444 | +$406 (+16.6%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in March 2023.