Monthly Rent Report
Hyde Park Rent Report — July 2024
Asking rents in ZIP 60615, Chicago, from 1,298 listings.
Median 1BR rent in Hyde Park was $1,595 in July 2024, up 10.0% (+$145) from June 2024 and up 10.0% year-over-year. The middle half of 1BR listings asked between $1,375 and $1,895. That puts Hyde Park $35 above the Chicago citywide 1BR median of $1,560. The month's figures are based on 1,298 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2024 | Vs. July 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,099 | $0 (0.0%) | −$63 (-5.5%) | $1,010 – $1,340 | 252 |
| Studio | $958 | −$141 (-12.8%) | −$204 (-17.6%) | $958 – $958 | 1 |
| 1BR | $1,595 | +$145 (+10.0%) | +$145 (+10.0%) | $1,375 – $1,895 | 447 |
| 1BR | $1,618 | +$168 (+11.6%) | +$168 (+11.6%) | $1,501 – $1,734 | 2 |
| 2BR | $1,995 | +$320 (+19.1%) | +$196 (+10.9%) | $1,813 – $2,275 | 349 |
| 2BR | $1,648 | −$27 (-1.6%) | −$151 (-8.4%) | $1,624 – $1,671 | 2 |
| 3BR | $2,550 | +$51 (+2.0%) | +$350 (+15.9%) | $2,099 – $2,898 | 163 |
| 3BR | $2,150 | −$349 (-14.0%) | −$50 (-2.3%) | $2,150 – $2,150 | 1 |
| 4BR | $3,395 | +$1,195 (+54.3%) | +$1,370 (+67.7%) | $2,895 – $3,645 | 61 |
| 4BR | $1,995 | −$205 (-9.3%) | −$30 (-1.5%) | $1,995 – $1,995 | 1 |
Median, P25, and P75 are asking rents from listings posted in July 2024. Changes compare against the nearest prior month with data.
Hyde Park vs. Chicago — July 2024
| Bedrooms | Hyde Park Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,099 | $1,218 | −$119 (-9.8%) |
| Studio | $958 | $1,218 | −$260 (-21.4%) |
| 1BR | $1,595 | $1,560 | +$35 (+2.2%) |
| 1BR | $1,618 | $1,560 | +$58 (+3.7%) |
| 2BR | $1,995 | $1,805 | +$190 (+10.5%) |
| 2BR | $1,648 | $1,805 | −$157 (-8.7%) |
| 3BR | $2,550 | $2,363 | +$188 (+7.9%) |
| 3BR | $2,150 | $2,363 | −$212 (-9.0%) |
| 4BR | $3,395 | $2,789 | +$606 (+21.7%) |
| 4BR | $1,995 | $2,789 | −$794 (-28.5%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in July 2024.