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Hyde Park Rent Trends

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

Data through July 2026 · Last updated August 7, 2026 · Next release: early September 2026

Median asking rent
$2,000
Effective rent
$2,000
Vs. Chicago median
-20%
Avg days to lease
29
Active rentals now
149

Median asking rent over time

$1.2k$1.6k$2.0k$2.5kJul ’24Oct ’24Feb ’25May ’25Aug ’25Nov ’25Jun ’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 July 2026 · Last updated August 7, 2026 · Next release: early September 2026

Hyde Park renting, answered

What is the average rent in Hyde Park?
As of June 2026, the median asking rent in Hyde Park is $2,000 per month, based on 11 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 down 5.9% compared with a year ago.
Is Hyde Park more expensive than Chicago overall?
Hyde Park's median asking rent is 20% below the Chicago citywide median of $2,500.
How quickly do rentals lease in Hyde Park?
Over the last 90 days, rentals in Hyde Park leased in an average of 29 days, with 149 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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