Monthly Rent Report

Hyde Park Rent Report — November 2024

Asking rents in ZIP 60615, Chicago, from 89 listings.

Median 1BR rent in Hyde Park was $1,525 in November 2024, up 14.0% (+$188) from October 2024 and up 29.8% year-over-year. The middle half of 1BR listings asked between $1,525 and $1,525. That puts Hyde Park $50 below the Chicago citywide 1BR median of $1,575. The month's figures are based on 89 listings across 12 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. October 2024Vs. November 2023P25–P75 RangeListings
Studio$849−$318 (-27.2%)+$9 (+1.1%)$817 – $84919
Studio$844−$323 (-27.7%)+$4 (+0.5%)$823 – $8496
1BR$1,525+$188 (+14.0%)+$351 (+29.8%)$1,525 – $1,5251
1BR$1,895+$558 (+41.7%)+$721 (+61.3%)$1,505 – $2,30015
2BR$1,795$0 (0.0%)+$120 (+7.2%)$1,795 – $1,7951
2BR$1,850+$55 (+3.1%)+$175 (+10.4%)$1,788 – $2,01516
3BR$2,400+$905 (+60.5%)+$800 (+50.0%)$2,300 – $2,50010
3BR$2,249+$754 (+50.4%)+$649 (+40.6%)$2,249 – $2,2491
4BR$4,300+$1,100 (+34.4%)+$1,450 (+50.9%)$4,000 – $4,30016
4BR$4,000+$800 (+25.0%)+$1,150 (+40.4%)$4,000 – $4,0001

Median, P25, and P75 are asking rents from listings posted in November 2024. Changes compare against the nearest prior month with data.

Hyde Park vs. ChicagoNovember 2024

BedroomsHyde Park MedianChicago Citywide MedianDifference
Studio$849$1,292−$443 (-34.3%)
Studio$844$1,292−$448 (-34.7%)
1BR$1,525$1,575−$50 (-3.2%)
1BR$1,895$1,575+$320 (+20.3%)
2BR$1,795$1,945−$150 (-7.7%)
2BR$1,850$1,945−$95 (-4.9%)
3BR$2,400$2,200+$200 (+9.1%)
3BR$2,249$2,200+$49 (+2.2%)
4BR$4,300$2,990+$1,310 (+43.8%)
4BR$4,000$2,990+$1,010 (+33.8%)

Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in November 2024.

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