Rental prices in Hyde Park, Chicago, IL have increased by 3.92% over the past year. The average rent moved from $1,128 to $1,172.
Check out the average rent in Chicago.
The national average price of rental apartments is $1,743, while the average monthly rent in Hyde Park, Chicago, IL is $1,172.
The average monthly rent for an apartment in Hyde Park, Chicago, IL is around $1,172.
A share of 21% of apartments in Hyde Park, Chicago, IL have the cheapest rents between ≤ $1000. Around 73% of Hyde Park's apartments have monthly rents between $1,001-$1,500. There are 6% of apartments with rents between $1,501-$2,000.
The largest share of rentals in Hyde Park, Chicago, IL (73%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.
The price range of a studio apartment is between $1,132 and $2,098.
There are 15 studio rentals available on RentCafe. Prices and availability in Hyde Park, Chicago, IL were last updated on 18 Nov 2025.
The average Hyde Park, Chicago, IL studio apartment size is 76 sq. ft.
Studio apartments in Hyde Park, Chicago, IL tend to be more affordable than other apartments and they have lower utility costs.
One of the downsides of living in a studio apartment is the limited storage space.
In total, Hyde Park, Chicago, IL has 13,326 residents, 7,358 women and 5,968 men, per U.S. Census recent estimates. Statistics show that the median age of Hyde Park’s population is 33.
There is a total of 6,452 households in Hyde Park, Chicago, IL. Of these, 1,437 have children and 5,015 are without children. Per Census Bureau’s most current estimates, 2,607 family households and 3,845 non-family households live in this area. The size of a household in Hyde Park is 1.54 people, on average. The median household annual income in Hyde Park equals $52,092, and the monthly housing costs equal $1,408.
According to data from the U.S. Census Bureau, 2% of the population in Hyde Park, Chicago, IL have no high school education, 24% went to high-school, and 23% have partially completed college. Moreover, 5% of the population hold an Associate Degree, 21% hold a Bachelor Degree, and 25% hold a Graduate Degree.
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