Monthly Rent Report
Hyde Park Rent Report — October 2023
Asking rents in ZIP 60615, Chicago, from 171 listings.
Median 1BR rent in Hyde Park was $1,050 in October 2023, down 29.3% (−$435) from September 2023 and up 1.4% year-over-year. The middle half of 1BR listings asked between $1,050 and $1,050. That puts Hyde Park $425 below the Chicago citywide 1BR median of $1,475. The month's figures are based on 171 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2023 | Vs. October 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,200 | +$95 (+8.6%) | −$400 (-25.0%) | $1,058 – $1,224 | 11 |
| Studio | $1,200 | +$95 (+8.6%) | −$400 (-25.0%) | $1,025 – $1,580 | 132 |
| 1BR | $1,050 | −$435 (-29.3%) | +$14 (+1.4%) | $1,050 – $1,050 | 1 |
| 1BR | $1,150 | −$335 (-22.6%) | +$114 (+11.0%) | $1,150 – $1,150 | 1 |
| 2BR | $1,685 | +$185 (+12.3%) | −$377 (-18.3%) | $1,685 – $1,685 | 1 |
| 2BR | $2,000 | +$500 (+33.3%) | −$62 (-3.0%) | $1,875 – $2,050 | 7 |
| 3BR | $1,827 | −$185 (-9.2%) | −$548 (-23.1%) | $1,827 – $1,827 | 8 |
| 3BR | $1,598 | −$415 (-20.6%) | −$777 (-32.7%) | $1,549 – $1,646 | 2 |
| 4BR | $2,950 | −$250 (-7.8%) | +$1,435 (+94.7%) | $2,950 – $2,950 | 4 |
| 4BR | $1,750 | −$1,450 (-45.3%) | +$235 (+15.5%) | $1,750 – $1,750 | 1 |
Median, P25, and P75 are asking rents from listings posted in October 2023. Changes compare against the nearest prior month with data.
Hyde Park vs. Chicago — October 2023
| Bedrooms | Hyde Park Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,200 | $1,200 | $0 (0.0%) |
| Studio | $1,200 | $1,200 | $0 (0.0%) |
| 1BR | $1,050 | $1,475 | −$425 (-28.8%) |
| 1BR | $1,150 | $1,475 | −$325 (-22.0%) |
| 2BR | $1,685 | $1,800 | −$115 (-6.4%) |
| 2BR | $2,000 | $1,800 | +$200 (+11.1%) |
| 3BR | $1,827 | $2,450 | −$623 (-25.4%) |
| 3BR | $1,598 | $2,450 | −$852 (-34.8%) |
| 4BR | $2,950 | $2,575 | +$375 (+14.6%) |
| 4BR | $1,750 | $2,575 | −$825 (-32.0%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in October 2023.