Monthly Rent Report
Hyde Park Rent Report — March 2024
Asking rents in ZIP 60615, Chicago, from 1,513 listings.
Median 1BR rent in Hyde Park was $1,600 in March 2024, up 66.1% (+$637) from February 2024 and up 9.2% year-over-year. The middle half of 1BR listings asked between $1,395 and $1,899. That puts Hyde Park $96 above the Chicago citywide 1BR median of $1,505. The month's figures are based on 1,513 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2024 | Vs. March 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,095 | +$100 (+10.1%) | −$53 (-4.6%) | $965 – $1,312 | 89 |
| Studio | $1,175 | +$180 (+18.1%) | +$27 (+2.4%) | $999 – $1,425 | 206 |
| 1BR | $1,600 | +$637 (+66.1%) | +$135 (+9.2%) | $1,395 – $1,899 | 431 |
| 1BR | $1,385 | +$422 (+43.8%) | −$80 (-5.5%) | $1,385 – $1,385 | 1 |
| 2BR | $2,020 | +$75 (+3.9%) | +$125 (+6.6%) | $1,938 – $2,103 | 2 |
| 2BR | $1,935 | −$10 (-0.5%) | +$40 (+2.1%) | $1,750 – $2,299 | 409 |
| 3BR | $1,995 | +$300 (+17.7%) | −$255 (-11.3%) | $1,995 – $1,995 | 1 |
| 3BR | $2,500 | +$805 (+47.5%) | +$250 (+11.1%) | $2,099 – $2,842 | 190 |
| 4BR | $2,900 | +$50 (+1.8%) | +$1,230 (+73.7%) | $2,613 – $3,425 | 72 |
| 4BR | $2,850 | $0 (0.0%) | +$1,180 (+70.7%) | $2,499 – $3,400 | 81 |
Median, P25, and P75 are asking rents from listings posted in March 2024. Changes compare against the nearest prior month with data.
Hyde Park vs. Chicago — March 2024
| Bedrooms | Hyde Park Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,095 | $1,225 | −$130 (-10.6%) |
| Studio | $1,175 | $1,225 | −$50 (-4.1%) |
| 1BR | $1,600 | $1,505 | +$96 (+6.3%) |
| 1BR | $1,385 | $1,505 | −$119 (-7.9%) |
| 2BR | $2,020 | $1,900 | +$120 (+6.3%) |
| 2BR | $1,935 | $1,900 | +$35 (+1.8%) |
| 3BR | $1,995 | $2,250 | −$255 (-11.3%) |
| 3BR | $2,500 | $2,250 | +$250 (+11.1%) |
| 4BR | $2,900 | $2,650 | +$250 (+9.4%) |
| 4BR | $2,850 | $2,650 | +$200 (+7.5%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in March 2024.