Monthly Rent Report

Hyde Park Rent Report — September 2023

Asking rents in ZIP 60615, Chicago, from 144 listings.

Median 1BR rent in Hyde Park was $1,485 in September 2023, up 3.5% (+$50) from August 2023 and up 49.2% year-over-year. The middle half of 1BR listings asked between $1,375 and $1,671. That puts Hyde Park $35 above the Chicago citywide 1BR median of $1,450. The month's figures are based on 144 listings across 11 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. August 2023Vs. September 2022P25–P75 RangeListings
Studio$1,105+$5 (+0.5%)+$10 (+0.9%)$1,025 – $1,40045
Studio$1,060−$40 (-3.6%)−$35 (-3.2%)$940 – $1,51910
1BR$1,485+$50 (+3.5%)+$490 (+49.2%)$1,375 – $1,67126
1BR$1,600+$165 (+11.5%)+$605 (+60.8%)$1,600 – $1,6001
2BR$1,875+$25 (+1.4%)+$575 (+44.2%)$1,713 – $2,15047
2BR$1,500−$350 (-18.9%)+$200 (+15.4%)$1,500 – $1,5001
3BR$1,650−$145 (-8.1%)−$12 (-0.8%)$1,650 – $1,6505
3BR$2,013+$218 (+12.1%)+$350 (+21.1%)$1,981 – $2,0442
4BR$3,200+$1,750 (+120.7%)+$100 (+3.2%)$3,200 – $3,2004
4BR$1,540+$90 (+6.2%)−$1,560 (-50.3%)$1,540 – $1,5401

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

Hyde Park vs. ChicagoSeptember 2023

BedroomsHyde Park MedianChicago Citywide MedianDifference
Studio$1,105$1,238−$132 (-10.7%)
Studio$1,060$1,238−$177 (-14.3%)
1BR$1,485$1,450+$35 (+2.4%)
1BR$1,600$1,450+$150 (+10.3%)
2BR$1,875$1,738+$138 (+7.9%)
2BR$1,500$1,738−$237 (-13.7%)
3BR$1,650$2,327−$677 (-29.1%)
3BR$2,013$2,327−$314 (-13.5%)
4BR$3,200$2,783+$417 (+15.0%)
4BR$1,540$2,783−$1,243 (-44.7%)

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

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