Last updated on July 30, 2026

Average rent in
Hyde Park, Chicago, IL

Median rent

Median rent in Hyde Park

$2,037/mo

increased by24%

vs previous year

The average rent in Hyde Park is $2,037 per month as of July 2026. This is 6% above the national average rent, or $107 more per month.

$2.41

average price per square foot

Total rentals

Available rentals in Hyde Park

158

for rent on Zumper.com as of July 2026

Rent price distribution

Share of Hyde Park rentals at each price point

55%41%28%14%0%
$0 - $1,500
$1,501 - $3,000
$3,001 - $4,500
$4,501 - $6,000
$6,001 - $50,000

Rent trends in Hyde Park, Chicago, IL

Average rent prices in Hyde Park have decreased by 1% over the last month and have increased by 24% since last year.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in Hyde Park, Chicago, IL

Rent prices in Hyde Park vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Hyde Park is $2,010, whereas a house costs $2,650. 1-bedroom apartments in Hyde Park run $1,830 on average, while 2-bedroom apartments are $2,090.

Listings

Studio

$1,242

4%

32%

1 bedroom

$1,800

4%

29%

2 bedroom

$2,099

No Change

11%

3 bedroom

$2,595

No Change

10%

4 bedroom

$3,750

1%

7%

Studio

Average rent

$1,242

Last 30 days

4%

Last year

32%

1 bedroom

Average rent

$1,800

Last 30 days

4%

Last year

29%

2 bedroom

Average rent

$2,099

Last 30 days

No Change

Last year

11%

3 bedroom

Average rent

$2,595

Last 30 days

No Change

Last year

10%

4 bedroom

Average rent

$3,750

Last 30 days

1%

Last year

7%

The table above reflects average rent prices in Hyde Park, Chicago, IL, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

How does rent in Hyde Park, Chicago, IL compare to other neighborhoods?

Compare median rent prices in Hyde Park and Grand Boulevard by all bedroom counts and property types.

Hyde Park

Median rent price$2,037
increased by6%

higher than the national median

Median rent price$2,000
increased by4%

higher than the national median

Takeaway

The median rent for all rentals in Hyde Park, Chicago, IL is 2% higher than the median rent in Grand Boulevard, Chicago, IL.

Discover rentals in Hyde Park, Chicago, IL

5445 Ingleside By 3L Living - Photo 1 of 1
Highly rated

3d ago

7.4

Very good

5445 Ingleside By 3L Living

5445 S Ingleside Ave, Chicago, IL 60615

Studio

1 bath

$684–$712

Apartment for rent

Cornell Terrace - Photo 1 of 1
Highly rated
Rent special

8h ago

9.7

Excellent

Our team has verified this company

Verified

Cornell Terrace

5430 S Cornell Ave, Chicago, IL 60615

Studio–2 beds

1–2 baths

$1,350–$2,010

Apartment for rent

Call

5320-5326.5 S. Drexel Boulevard - Photo 1 of 1
Rent special

2d ago

9.7

Excellent

Our team has verified this company

Verified

5320-5326.5 S. Drexel Boulevard

5320-5326.5 S. Drexel Boulevard, Chicago, IL 60615

1–3 beds

1 bath

$1,525–$2,475

Apartment for rent

Call

5244 S Drexel Ave #B - Photo 1 of 1

5d+ ago

Our team has verified this company

Verified

2 beds

1 bath

$1,600

Apartment for rent

Available Sep 1

Stay up to date with rental market insights

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

Frequently asked questions for Hyde Park, Chicago, IL

Quick answers to common questions about the Hyde Park rental market.

How much is rent in Hyde Park?

The average rent in Hyde Park is $2,037 per month as of July 25, 2026.

Is rent up or down in Hyde Park?

Average rent prices in Hyde Park have decreased by 1% over the last month and have increased by 24% since last year.

How does Hyde Park rent compare to the national average?

Rent in Hyde Park is 6% above the national average, which means renters are paying approximately $107 more per month.

What salary do I need to afford rent in Hyde Park?

To comfortably afford rent in Hyde Park, you'd need to earn approximately $82,000/year, based on spending no more than 30% of your income on rent.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).

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