What is the average apartment size in Hyde Park, Chicago, IL?

The average size for a Hyde Park, Chicago, IL apartment is 647 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.

What is the average rent in Hyde Park?

As of Jun / 2026, the average rent in Hyde Park is $1,772 per month, a 0.31% increase from last years average of $1,767.

How much does rent cost by apartment size in Hyde Park?

In Hyde Park, studios rent for $1,192 per month, one-bedroom units average $1,694 per month, two-bedrooms cost around $2,294 per month.

What is the average apartment size in Hyde Park?

The typical apartment in Hyde Park offers about 647 sq. ft. square feet of living space, though actual sizes vary depending on layout and amenities.

How large are apartments by bedroom count in Hyde Park?

Studio apartments in Hyde Park average 419 sq. ft., one-bedrooms offer 608 sq. ft., two-bedrooms are about 848 sq. ft.

Hyde Park, Chicago, IL Rental Market Trends

Q: What's the typical rent budget in Hyde Park?

The typical rent budget in Hyde Park ranges from $1,001 to $1,500 per month, with 41% of rentals in this range.

Q: Do most people rent or own in Hyde Park?

In Hyde Park, 70% of households rent while 30% own their homes, based on the latest U.S. Census data.

Last updated: August 01, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau

Highlights

The average rent for an apartment in Hyde Park is $1,772, a 0.31% increase compared to the previous year, when the average rent was $1,767.

Studio Apartments at $1,192 offer the most budget-friendly option with 419 square feet, ideal for single renters prioritizing location over space.

One-bedroom apartments provide 608 square feet for $1,694, balancing privacy and affordability.

Two-bedroom units at $2,294 offer 848 square feet, perfect for roommates or small families.

Average rent in Hyde Park, Chicago, IL

Last updated: August 01, 2026

	Average Rent	Average Apartment Size
All Rentals	$1,772	647 sq. ft.
Studio	$1,192	419 sq. ft.
1 Bed	$1,694	608 sq. ft.
2 Beds	$2,294	848 sq. ft.
3 Beds	n/a	n/a

Hyde Park, Chicago, IL rent trends

Rental prices in Hyde Park, Chicago, IL have increased by 0.31% over the past year. The average rent moved from $1,767 to $1,772.

What's the typical rent budget in Hyde Park, Chicago, IL?

The largest share of rentals in Hyde Park, Chicago, IL (41%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.

Do most people rent or own in Hyde Park, Chicago, IL?

4,578 or 70% of the households in Hyde Park, Chicago, IL are renter-occupied while 1,947 or 30% are owner-occupied.

Most affordable neighborhoods in Hyde Park?

Austin $1,148/month

Englewood $1,229/month

Washington Park $1,237/month

All of these neighborhoods fall below the city wide average of $2,525/month.

Most expensive neighborhoods in Hyde Park?

River North $3,478/month

Wrightwood $3,855/month

Sheffield $4,070/month

These neighborhoods typically command higher rents due to location, amenities, and demand.

Average Rent in Chicago, IL By Neighborhood

Neighborhood	Average Rent
Sheffield	$4,070
Wrightwood	$3,855
River North	$3,478
Greektown	$3,429
Bucktown	$3,402
Fulton Market	$3,387
Streeterville	$3,294
Old Town Chicago	$3,230
Near East Side Chicago	$3,168
Downtown Chicago	$3,167
West Town	$3,163
Goose Island	$3,108
Near West Side	$3,096
Old Town Triangle	$3,080
Fulton River District	$3,062
Near North Side Chicago	$3,047
Chicago Loop	$3,009
River West	$3,003
Wicker Park	$2,983
East Village	$2,826
Humboldt Park	$2,791
South Loop	$2,786
Tri-Taylor	$2,772
Gold Coast	$2,691
Lincoln Park	$2,566
Cabrini - Green	$2,536
Printer's Row	$2,511
West Loop	$2,383
Lakeview	$2,283
Little Italy	$2,275
Logan Square	$2,260
East Hyde Park	$2,081
Ravenswood	$2,075
Palmer Square	$2,016
Kenwood	$1,994
Park West	$1,988
Andersonville	$1,947
Clarendon Park	$1,873
Stateway Gardens	$1,824
Hyde Park	$1,772
Oakland	$1,766
Bryn Mawr Historic District	$1,760
Buena Park	$1,741
Margate Park	$1,709
Bronzeville	$1,676
Uptown Chicago	$1,602
Woodlawn	$1,569
Rogers Park	$1,498
North Kenwood	$1,479
West Rogers Park	$1,464
Budlong Woods	$1,453
East Garfield Park	$1,453
Edgewater Beach	$1,450
Sheridan Park	$1,354
South Shore	$1,346
Jefferson Park	$1,345
Edgewater	$1,326
Douglas Park	$1,302
Washington Park	$1,237
Englewood	$1,229
Austin	$1,148

Chicago | Rent Comparison by Neighborhood

Rent in Hyde Park is 9% lower than in Andersonville

$1,772

Hyde Park rent is the same as Chicago average

Average Rent $1,772

$1,947

Andersonville rent is 10% higher than Chicago average

Average Rent $1,947

Where this data comes from

The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.

Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Hyde Park apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.

Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.