Monthly Rent Report

Hyde Park Rent Report — April 2023

Asking rents in ZIP 60615, Chicago, from 1,494 listings.

Median 1BR rent in Hyde Park was $1,460 in April 2023, down 0.3% (−$5) from March 2023 and up 0.3% year-over-year. The middle half of 1BR listings asked between $1,448 and $1,473. That puts Hyde Park $35 above the Chicago citywide 1BR median of $1,425. The month's figures are based on 1,494 listings across 12 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. March 2023Vs. April 2022P25–P75 RangeListings
Studio$1,150+$125 (+12.2%)+$50 (+4.5%)$1,001 – $1,375230
Studio$1,059+$34 (+3.3%)−$41 (-3.7%)$1,059 – $1,0591
1BR$1,460−$5 (-0.3%)+$5 (+0.3%)$1,448 – $1,4732
1BR$1,608+$143 (+9.8%)+$153 (+10.5%)$1,400 – $1,850367
2BR$1,900+$5 (+0.3%)+$450 (+31.0%)$1,725 – $2,250431
2BR$1,835−$60 (-3.2%)+$385 (+26.6%)$1,805 – $1,8652
3BR$2,425+$175 (+7.8%)+$713 (+41.6%)$2,413 – $2,4382
3BR$2,450+$200 (+8.9%)+$738 (+43.1%)$1,923 – $2,800284
4BR$4,850+$3,180 (+190.4%)+$1,950 (+67.2%)$4,850 – $4,8501
4BR$3,000+$1,330 (+79.6%)+$100 (+3.4%)$2,395 – $3,30065

Median, P25, and P75 are asking rents from listings posted in April 2023. Changes compare against the nearest prior month with data.

Hyde Park vs. ChicagoApril 2023

BedroomsHyde Park MedianChicago Citywide MedianDifference
Studio$1,150$1,195−$45 (-3.8%)
Studio$1,059$1,195−$136 (-11.4%)
1BR$1,460$1,425+$35 (+2.5%)
1BR$1,608$1,425+$183 (+12.8%)
2BR$1,900$1,725+$175 (+10.1%)
2BR$1,835$1,725+$110 (+6.4%)
3BR$2,425$2,300+$125 (+5.4%)
3BR$2,450$2,300+$150 (+6.5%)
4BR$4,850$2,597+$2,253 (+86.8%)
4BR$3,000$2,597+$403 (+15.5%)

Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in April 2023.

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