Monthly Rent Report
Hyde Park Rent Report — February 2024
Asking rents in ZIP 60615, Chicago, from 998 listings.
Median 1BR rent in Hyde Park was $1,385 in February 2024, down 22.8% (−$410) from January 2024 and down 11.7% year-over-year. The middle half of 1BR listings asked between $1,385 and $1,385. That puts Hyde Park $115 below the Chicago citywide 1BR median of $1,500. The month's figures are based on 998 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2024 | Vs. February 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,149 | +$158 (+15.9%) | +$52 (+4.7%) | $999 – $1,425 | 175 |
| Studio | $995 | +$4 (+0.4%) | −$102 (-9.3%) | $945 – $1,045 | 2 |
| 1BR | $1,385 | −$410 (-22.8%) | −$183 (-11.7%) | $1,385 – $1,385 | 1 |
| 1BR | $963 | −$832 (-46.4%) | −$605 (-38.6%) | $963 – $963 | 1 |
| 2BR | $1,945 | −$105 (-5.1%) | +$120 (+6.6%) | $1,699 – $2,250 | 443 |
| 2BR | $2,020 | −$30 (-1.5%) | +$195 (+10.7%) | $1,938 – $2,103 | 2 |
| 3BR | $2,325 | +$325 (+16.3%) | $0 (0.0%) | $1,850 – $2,700 | 255 |
| 3BR | $1,695 | −$305 (-15.3%) | −$630 (-27.1%) | $1,695 – $1,695 | 1 |
| 4BR | $2,850 | −$700 (-19.7%) | −$350 (-10.9%) | $2,274 – $3,300 | 88 |
| 4BR | $2,850 | −$700 (-19.7%) | −$350 (-10.9%) | $2,500 – $3,125 | 11 |
Median, P25, and P75 are asking rents from listings posted in February 2024. Changes compare against the nearest prior month with data.
Hyde Park vs. Chicago — February 2024
| Bedrooms | Hyde Park Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,149 | $1,211 | −$62 (-5.1%) |
| Studio | $995 | $1,211 | −$216 (-17.9%) |
| 1BR | $1,385 | $1,500 | −$115 (-7.7%) |
| 1BR | $963 | $1,500 | −$537 (-35.8%) |
| 2BR | $1,945 | $1,813 | +$133 (+7.3%) |
| 2BR | $2,020 | $1,813 | +$208 (+11.4%) |
| 3BR | $2,325 | $2,300 | +$25 (+1.1%) |
| 3BR | $1,695 | $2,300 | −$605 (-26.3%) |
| 4BR | $2,850 | $2,792 | +$59 (+2.1%) |
| 4BR | $2,850 | $2,792 | +$59 (+2.1%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in February 2024.