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Hyde Park Rent Trends

Chicago, IL · March 2026 · median asking rents from leased listings

Data through June 2026 · Last updated July 8, 2026 · Next release: early August 2026

Median asking rent
$1,750
Effective rent
$1,750
Vs. Chicago median
-24%
Avg days to lease
27
Active rentals now
173

Median asking rent over time

$1.2k$1.6k$1.9k$2.2kJun ’24Sep ’24Jan ’25Apr ’25Jul ’25Oct ’25Mar ’26
Asking rentEffective rent (after concessions)Concession spread
1 bedroom
$1,600
YoY · as of July 2025

Source: MLS (leased rental listings) + Abode managed communities (Dynamics 365). Figures suppressed below 10 listings/month. Methodology

Data through June 2026 · Last updated July 8, 2026 · Next release: early August 2026

Hyde Park renting, answered

What is the average rent in Hyde Park?
As of March 2026, the median asking rent in Hyde Park is $1,750 per month, based on 10 leased listings. By size, the median is $1,600 for a 1 bedroom.
Are rents in Hyde Park going up or down?
Median asking rent in Hyde Park is up 9.4% compared with a year ago.
Is Hyde Park more expensive than Chicago overall?
Hyde Park's median asking rent is 24% below the Chicago citywide median of $2,300.
How quickly do rentals lease in Hyde Park?
Over the last 90 days, rentals in Hyde Park leased in an average of 27 days, with 173 active listings on the market right now.

Beyond the numbers

Get to know Hyde Park

Restaurants, parks, transit, and what living here actually feels like — in our full neighborhood guide.

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