Monthly Rent Report
Hyde Park Rent Report — April 2024
Asking rents in ZIP 60615, Chicago, from 1,845 listings.
Median 1BR rent in Hyde Park was $1,500 in April 2024, up 8.3% (+$115) from March 2024 and down 6.7% year-over-year. The middle half of 1BR listings asked between $1,500 and $1,500. That puts Hyde Park in line with the Chicago citywide 1BR median of $1,500. The month's figures are based on 1,845 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. March 2024 | Vs. April 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,125 | −$50 (-4.3%) | −$25 (-2.2%) | $988 – $1,399 | 335 |
| Studio | $1,095 | −$80 (-6.8%) | −$55 (-4.8%) | $975 – $1,345 | 219 |
| 1BR | $1,500 | +$115 (+8.3%) | −$108 (-6.7%) | $1,500 – $1,500 | 1 |
| 1BR | $1,500 | +$115 (+8.3%) | −$108 (-6.7%) | $1,345 – $1,845 | 473 |
| 2BR | $1,945 | +$10 (+0.5%) | +$45 (+2.4%) | $1,725 – $2,245 | 417 |
| 2BR | $1,645 | −$290 (-15.0%) | −$255 (-13.4%) | $1,645 – $1,645 | 1 |
| 3BR | $1,945 | −$50 (-2.5%) | −$505 (-20.6%) | $1,820 – $2,070 | 2 |
| 3BR | $2,400 | +$405 (+20.3%) | −$50 (-2.0%) | $1,950 – $2,800 | 301 |
| 4BR | $3,295 | +$395 (+13.6%) | +$295 (+9.8%) | $2,350 – $3,699 | 75 |
| 4BR | $1,695 | −$1,205 (-41.6%) | −$1,305 (-43.5%) | $1,695 – $1,695 | 1 |
Median, P25, and P75 are asking rents from listings posted in April 2024. Changes compare against the nearest prior month with data.
Hyde Park vs. Chicago — April 2024
| Bedrooms | Hyde Park Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,125 | $1,222 | −$97 (-7.9%) |
| Studio | $1,095 | $1,222 | −$127 (-10.4%) |
| 1BR | $1,500 | $1,500 | $0 (0.0%) |
| 1BR | $1,500 | $1,500 | $0 (0.0%) |
| 2BR | $1,945 | $1,850 | +$95 (+5.1%) |
| 2BR | $1,645 | $1,850 | −$205 (-11.1%) |
| 3BR | $1,945 | $2,300 | −$355 (-15.4%) |
| 3BR | $2,400 | $2,300 | +$100 (+4.3%) |
| 4BR | $3,295 | $2,800 | +$495 (+17.7%) |
| 4BR | $1,695 | $2,800 | −$1,105 (-39.5%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in April 2024.