Monthly Rent Report
Hyde Park Rent Report — July 2023
Asking rents in ZIP 60615, Chicago, from 262 listings.
Median 1BR rent in Hyde Park was $1,473 in July 2023, up 48.0% (+$478) from June 2023 and up 25.4% year-over-year. The middle half of 1BR listings asked between $1,295 and $1,700. That puts Hyde Park in line with the Chicago citywide 1BR median of $1,450. The month's figures are based on 262 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2023 | Vs. July 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,048 | +$123 (+13.2%) | +$53 (+5.3%) | $902 – $1,100 | 6 |
| Studio | $1,163 | +$238 (+25.7%) | +$168 (+16.8%) | $1,002 – $1,299 | 26 |
| 1BR | $1,473 | +$478 (+48.0%) | +$298 (+25.4%) | $1,295 – $1,700 | 67 |
| 1BR | $1,450 | +$455 (+45.7%) | +$275 (+23.4%) | $1,450 – $1,450 | 1 |
| 2BR | $1,100 | −$750 (-40.5%) | −$912 (-45.3%) | $1,100 – $1,100 | 1 |
| 2BR | $1,799 | −$51 (-2.8%) | −$213 (-10.6%) | $1,650 – $1,950 | 65 |
| 3BR | $2,400 | $0 (0.0%) | −$282 (-10.5%) | $2,400 – $2,400 | 1 |
| 3BR | $2,200 | −$200 (-8.3%) | −$482 (-18.0%) | $1,900 – $2,550 | 63 |
| 4BR | $2,025 | −$1,025 (-33.6%) | −$415 (-17.0%) | $2,025 – $2,025 | 1 |
| 4BR | $3,200 | +$150 (+4.9%) | +$760 (+31.1%) | $2,600 – $3,295 | 21 |
Median, P25, and P75 are asking rents from listings posted in July 2023. Changes compare against the nearest prior month with data.
Hyde Park vs. Chicago — July 2023
| Bedrooms | Hyde Park Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,048 | $1,200 | −$152 (-12.7%) |
| Studio | $1,163 | $1,200 | −$37 (-3.1%) |
| 1BR | $1,473 | $1,450 | +$23 (+1.6%) |
| 1BR | $1,450 | $1,450 | $0 (0.0%) |
| 2BR | $1,100 | $1,795 | −$695 (-38.7%) |
| 2BR | $1,799 | $1,795 | +$4 (+0.2%) |
| 3BR | $2,400 | $2,273 | +$128 (+5.6%) |
| 3BR | $2,200 | $2,273 | −$72 (-3.2%) |
| 4BR | $2,025 | $2,709 | −$683 (-25.2%) |
| 4BR | $3,200 | $2,709 | +$492 (+18.1%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in July 2023.