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Hyde Park Rent Trends

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

Data through August 2026 · Last updated September 10, 2026 · Next release: early October 2026

Median asking rent
$1,595
Effective rent
$1,570
Vs. Chicago median
-37%
Avg days to lease
19
Active rentals now
144

Median asking rent over time

$1.3k$1.8k$2.4k$2.9kJul ’23Feb ’24Aug ’24Feb ’25Aug ’25Feb ’26Aug ’26
Asking rentEffective rent (after concessions)Concession spread
Studio
$1,195
— YoY · as of August 2026
1 bedroom
$1,595
— YoY · as of August 2026
2 bedroom
$3,895
— YoY · as of August 2026
3+ bedroom
$3,064
— YoY · as of August 2026

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

Data through August 2026 · Last updated September 10, 2026 · Next release: early October 2026

Hyde Park renting, answered

What is the average rent in Hyde Park?
As of August 2026, the median asking rent in Hyde Park is $1,595 per month, based on 309 leased listings. By size, the median is $1,595 for a 1 bedroom and $3,895 for a 2 bedroom.
Is Hyde Park more expensive than Chicago overall?
Hyde Park's median asking rent is 37% below the Chicago citywide median of $2,535.
How quickly do rentals lease in Hyde Park?
Over the last 90 days, rentals in Hyde Park leased in an average of 19 days, with 144 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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