Monthly Rent Report
Hyde Park Rent Report — August 2023
Asking rents in ZIP 60615, Chicago, from 168 listings.
Median 1BR rent in Hyde Park was $1,650 in August 2023, up 13.8% (+$200) from July 2023 and down 1.5% year-over-year. The middle half of 1BR listings asked between $1,450 and $1,900. That puts Hyde Park $130 above the Chicago citywide 1BR median of $1,520. The month's figures are based on 168 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2023 | Vs. August 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,200 | +$153 (+14.6%) | +$150 (+14.3%) | $998 – $1,465 | 39 |
| Studio | $1,100 | +$53 (+5.0%) | +$50 (+4.8%) | $1,100 – $1,100 | 2 |
| 1BR | $1,650 | +$200 (+13.8%) | −$25 (-1.5%) | $1,450 – $1,900 | 93 |
| 1BR | $1,435 | −$15 (-1.0%) | −$240 (-14.3%) | $1,435 – $1,435 | 1 |
| 2BR | $1,800 | +$1 (+0.1%) | +$300 (+20.0%) | $1,800 – $1,800 | 1 |
| 2BR | $1,850 | +$51 (+2.8%) | +$350 (+23.3%) | $1,850 – $1,850 | 1 |
| 3BR | $2,100 | −$300 (-12.5%) | −$399 (-16.0%) | $2,095 – $2,100 | 15 |
| 3BR | $1,795 | −$605 (-25.2%) | −$704 (-28.2%) | $1,795 – $1,795 | 1 |
| 4BR | $1,450 | −$1,750 (-54.7%) | −$1,650 (-53.2%) | $1,450 – $1,450 | 1 |
| 4BR | $3,450 | +$250 (+7.8%) | +$350 (+11.3%) | $3,450 – $3,450 | 1 |
Median, P25, and P75 are asking rents from listings posted in August 2023. Changes compare against the nearest prior month with data.
Hyde Park vs. Chicago — August 2023
| Bedrooms | Hyde Park Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,200 | $1,250 | −$50 (-4.0%) |
| Studio | $1,100 | $1,250 | −$150 (-12.0%) |
| 1BR | $1,650 | $1,520 | +$130 (+8.6%) |
| 1BR | $1,435 | $1,520 | −$85 (-5.6%) |
| 2BR | $1,800 | $1,808 | −$7 (-0.4%) |
| 2BR | $1,850 | $1,808 | +$43 (+2.4%) |
| 3BR | $2,100 | $2,395 | −$295 (-12.3%) |
| 3BR | $1,795 | $2,395 | −$600 (-25.1%) |
| 4BR | $1,450 | $2,692 | −$1,242 (-46.1%) |
| 4BR | $3,450 | $2,692 | +$758 (+28.2%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in August 2023.