Monthly Rent Report
Hyde Park Rent Report — January 2024
Asking rents in ZIP 60615, Chicago, from 345 listings.
Median 1BR rent in Hyde Park was $1,350 in January 2024, up 8.0% (+$100) from December 2023 and down 28.9% year-over-year. The middle half of 1BR listings asked between $1,219 and $1,450. That puts Hyde Park $167 below the Chicago citywide 1BR median of $1,517. The month's figures are based on 345 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2023 | Vs. January 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $991 | −$104 (-9.5%) | −$230 (-18.9%) | $991 – $991 | 1 |
| Studio | $1,008 | −$87 (-7.9%) | −$213 (-17.5%) | $951 – $1,073 | 38 |
| 1BR | $1,350 | +$100 (+8.0%) | −$550 (-28.9%) | $1,219 – $1,450 | 91 |
| 1BR | $1,795 | +$545 (+43.6%) | −$105 (-5.5%) | $1,795 – $1,795 | 1 |
| 2BR | $1,763 | −$287 (-14.0%) | −$37 (-2.1%) | $1,580 – $2,000 | 90 |
| 2BR | $2,050 | $0 (0.0%) | +$250 (+13.9%) | $2,050 – $2,050 | 1 |
| 3BR | $2,000 | −$97 (-4.6%) | −$500 (-20.0%) | $1,745 – $2,513 | 63 |
| 3BR | $1,999 | −$98 (-4.7%) | −$501 (-20.0%) | $1,950 – $1,999 | 3 |
| 4BR | $2,900 | −$50 (-1.7%) | +$1,216 (+72.2%) | $2,423 – $3,350 | 31 |
| 4BR | $3,550 | +$600 (+20.3%) | +$1,866 (+110.7%) | $2,600 – $4,200 | 6 |
Median, P25, and P75 are asking rents from listings posted in January 2024. Changes compare against the nearest prior month with data.
Hyde Park vs. Chicago — January 2024
| Bedrooms | Hyde Park Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $991 | $1,225 | −$234 (-19.1%) |
| Studio | $1,008 | $1,225 | −$217 (-17.7%) |
| 1BR | $1,350 | $1,517 | −$167 (-11.0%) |
| 1BR | $1,795 | $1,517 | +$278 (+18.3%) |
| 2BR | $1,763 | $1,800 | −$37 (-2.1%) |
| 2BR | $2,050 | $1,800 | +$250 (+13.9%) |
| 3BR | $2,000 | $2,300 | −$300 (-13.0%) |
| 3BR | $1,999 | $2,300 | −$301 (-13.1%) |
| 4BR | $2,900 | $2,792 | +$109 (+3.9%) |
| 4BR | $3,550 | $2,792 | +$759 (+27.2%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in January 2024.