Monthly Rent Report

Hyde Park Rent Report — November 2023

Asking rents in ZIP 60615, Chicago, from 66 listings.

Median 1BR rent in Hyde Park was $900 in November 2023, down 21.7% (−$250) from October 2023 and down 35.7% year-over-year. The middle half of 1BR listings asked between $900 and $900. That puts Hyde Park $604 below the Chicago citywide 1BR median of $1,504. The month's figures are based on 66 listings across 12 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. October 2023Vs. November 2022P25–P75 RangeListings
Studio$1,000−$200 (-16.7%)−$55 (-5.2%)$975 – $1,0005
Studio$840−$360 (-30.0%)−$215 (-20.4%)$840 – $8401
1BR$900−$250 (-21.7%)−$500 (-35.7%)$900 – $9001
1BR$1,175+$25 (+2.1%)−$225 (-16.1%)$1,162 – $1,1872
2BR$1,675−$10 (-0.6%)−$112 (-6.3%)$1,500 – $1,93520
2BR$1,500−$185 (-11.0%)−$287 (-16.1%)$1,500 – $1,5001
3BR$1,600+$3 (+0.2%)−$295 (-15.6%)$1,600 – $1,6001
3BR$1,600+$3 (+0.2%)−$295 (-15.6%)$1,600 – $1,6007
4BR$3,500+$1,750 (+100.0%)+$1,105 (+46.1%)$3,119 – $4,5004
4BR$2,850+$1,100 (+62.9%)+$455 (+19.0%)$2,688 – $3,0138

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

Hyde Park vs. ChicagoNovember 2023

BedroomsHyde Park MedianChicago Citywide MedianDifference
Studio$1,000$1,160−$160 (-13.8%)
Studio$840$1,160−$320 (-27.6%)
1BR$900$1,504−$603 (-40.1%)
1BR$1,175$1,504−$329 (-21.9%)
2BR$1,675$1,800−$125 (-6.9%)
2BR$1,500$1,800−$300 (-16.7%)
3BR$1,600$2,298−$697 (-30.4%)
3BR$1,600$2,298−$697 (-30.4%)
4BR$3,500$2,750+$750 (+27.3%)
4BR$2,850$2,750+$100 (+3.6%)

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

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