Monthly Rent Report
Hyde Park Rent Report — December 2023
Asking rents in ZIP 60615, Chicago, from 51 listings.
Median 1BR rent in Hyde Park was $1,250 in December 2023, up 38.9% (+$350) from November 2023 and up 4.6% year-over-year. The middle half of 1BR listings asked between $1,075 and $1,250. That puts Hyde Park $205 below the Chicago citywide 1BR median of $1,455. The month's figures are based on 51 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2023 | Vs. December 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,095 | +$95 (+9.5%) | +$105 (+10.6%) | $1,095 – $1,095 | 1 |
| Studio | $800 | −$200 (-20.0%) | −$190 (-19.2%) | $800 – $800 | 2 |
| 1BR | $1,250 | +$350 (+38.9%) | +$55 (+4.6%) | $1,075 – $1,250 | 11 |
| 1BR | $1,275 | +$375 (+41.7%) | +$80 (+6.7%) | $1,275 – $1,275 | 1 |
| 2BR | $2,050 | +$550 (+36.7%) | +$100 (+5.1%) | $1,700 – $2,100 | 19 |
| 2BR | $1,448 | −$52 (-3.5%) | −$502 (-25.8%) | $1,371 – $1,524 | 2 |
| 3BR | $2,098 | +$498 (+31.1%) | +$298 (+16.5%) | $2,028 – $2,100 | 4 |
| 3BR | $2,095 | +$495 (+30.9%) | +$295 (+16.4%) | $1,895 – $2,295 | 2 |
| 4BR | $2,950 | +$100 (+3.5%) | +$250 (+9.3%) | $2,950 – $3,225 | 3 |
| 4BR | $3,225 | +$375 (+13.2%) | +$525 (+19.4%) | $2,950 – $3,500 | 4 |
Median, P25, and P75 are asking rents from listings posted in December 2023. Changes compare against the nearest prior month with data.
Hyde Park vs. Chicago — December 2023
| Bedrooms | Hyde Park Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,095 | $1,218 | −$122 (-10.1%) |
| Studio | $800 | $1,218 | −$417 (-34.3%) |
| 1BR | $1,250 | $1,455 | −$205 (-14.1%) |
| 1BR | $1,275 | $1,455 | −$180 (-12.4%) |
| 2BR | $2,050 | $1,800 | +$250 (+13.9%) |
| 2BR | $1,448 | $1,800 | −$352 (-19.6%) |
| 3BR | $2,098 | $2,472 | −$374 (-15.1%) |
| 3BR | $2,095 | $2,472 | −$377 (-15.3%) |
| 4BR | $2,950 | $2,630 | +$320 (+12.2%) |
| 4BR | $3,225 | $2,630 | +$595 (+22.6%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in December 2023.