Monthly Rent Report
Hyde Park Rent Report — June 2023
Asking rents in ZIP 60615, Chicago, from 960 listings.
Median 1BR rent in Hyde Park was $995 in June 2023, down 37.4% (−$595) from May 2023 and down 49.6% year-over-year. The middle half of 1BR listings asked between $995 and $1,038. That puts Hyde Park $405 below the Chicago citywide 1BR median of $1,400. The month's figures are based on 960 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2023 | Vs. June 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $925 | −$250 (-21.3%) | −$70 (-7.0%) | $925 – $925 | 1 |
| Studio | $1,095 | −$80 (-6.8%) | +$100 (+10.1%) | $950 – $1,314 | 124 |
| 1BR | $995 | −$595 (-37.4%) | −$980 (-49.6%) | $995 – $1,038 | 3 |
| 1BR | $1,500 | −$90 (-5.7%) | −$475 (-24.1%) | $1,295 – $1,755 | 255 |
| 2BR | $1,850 | +$53 (+2.9%) | +$400 (+27.6%) | $1,650 – $2,195 | 317 |
| 2BR | $1,060 | −$737 (-41.0%) | −$390 (-26.9%) | $993 – $1,128 | 2 |
| 3BR | $2,225 | −$175 (-7.3%) | −$975 (-30.5%) | $2,213 – $2,238 | 2 |
| 3BR | $2,400 | $0 (0.0%) | −$800 (-25.0%) | $1,938 – $2,775 | 192 |
| 4BR | $2,010 | −$1,190 (-37.2%) | −$515 (-20.4%) | $1,818 – $2,203 | 2 |
| 4BR | $3,050 | −$150 (-4.7%) | +$525 (+20.8%) | $2,800 – $3,425 | 43 |
Median, P25, and P75 are asking rents from listings posted in June 2023. Changes compare against the nearest prior month with data.
Hyde Park vs. Chicago — June 2023
| Bedrooms | Hyde Park Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $925 | $1,243 | −$317 (-25.6%) |
| Studio | $1,095 | $1,243 | −$147 (-11.9%) |
| 1BR | $995 | $1,400 | −$405 (-28.9%) |
| 1BR | $1,500 | $1,400 | +$100 (+7.1%) |
| 2BR | $1,850 | $1,700 | +$150 (+8.8%) |
| 2BR | $1,060 | $1,700 | −$640 (-37.6%) |
| 3BR | $2,225 | $2,275 | −$50 (-2.2%) |
| 3BR | $2,400 | $2,275 | +$125 (+5.5%) |
| 4BR | $2,010 | $2,500 | −$490 (-19.6%) |
| 4BR | $3,050 | $2,500 | +$550 (+22.0%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in June 2023.