Cheap 1 Bedroom Apartments for Rent in the Hyde Park Neighborhood of Chicago, IL from $1,181 (44 Rentals)

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Ohio Commons
1 Bedroom Apartments

Ohio Commons

5001 S Drexel BlvdChicago, IL 60615
  • Utilities Included
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5480 S Cornell Ave
1 Bedroom Apartments

5480 S Cornell Ave

5480 S Cornell AveChicago, IL 60615
  • Utilities Included

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Ivy at Carlson
1 Bedroom Apartments

Ivy at Carlson

1401 E Hyde Park BlvdChicago, IL 60615
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5454 S Everett
1 Bedroom Apartments

5454 S Everett

5454 S Everett AveChicago, IL 60615
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The Columbian
1 Bedroom Apartments

The Columbian

5220-5224 S Harper AveChicago, IL 60615
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Ivy at Harper
1 Bedroom Apartments

Ivy at Harper

5345 S Harper AveChicago, IL 60615
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Ivy Kenwood
1 Bedroom Apartments

Ivy Kenwood

5220 S Kenwood AveChicago, IL 60615
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Ivy Dickens
1 Bedroom Apartments

Ivy Dickens

5330 S Blackstone AveChicago, IL 60615
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5136 S Kimbark Ave
1 Bedroom Apartments

5136 S Kimbark Ave

5136 S Kimbark AveChicago, IL 60615
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Blackstone Court
1 Bedroom Apartments

Blackstone Court

5724-5734 S Blackstone AveChicago, IL 60637
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Ivy at Sylvan
1 Bedroom Apartments

Ivy at Sylvan

5532 S Kenwood AveChicago, IL 60637

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Ivy at Fairfax
1 Bedroom Apartments

Ivy at Fairfax

1369 E Hyde Park BlvdChicago, IL 60615
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Ivy Terrace
1 Bedroom Apartments

Ivy Terrace

5140 S Kenwood AveChicago, IL 60615
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Everett Hyde Park
1 Bedroom Apartments

Everett Hyde Park

5501-5513 S Everett AveChicago, IL 60637
  • Utilities Included
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Ivy Gayles
1 Bedroom Apartments

Ivy Gayles

5316 S Dorchester AveChicago, IL 60615

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Ivy Villas
1 Bedroom Apartments

Ivy Villas

5514 S Blackstone AveChicago, IL 60637
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Ivy Hastings
1 Bedroom Apartments

Ivy Hastings

5125 S Kenwood AveChicago, IL 60615
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Ivy at Shelbyrne
1 Bedroom Apartments

Ivy at Shelbyrne

5110 S Kenwood AveChicago, IL 60615
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824-842 E 53rd St
1 Bedroom Apartments

824-842 E 53rd St

824-842 E 53rd StChicago, IL 60615
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Ivy at Mason
1 Bedroom Apartments

Ivy at Mason

1215 E Hyde Park BlvdChicago, IL 60615
  • Utilities Included

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Ivy at Piccadilly
1 Bedroom Apartments

Ivy at Piccadilly

5107 S Blackstone AveChicago, IL 60615
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Everett Apartments
1 Bedroom Apartments

Everett Apartments

5469-5479 S Everett AveChicago, IL 60615
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Ivy at Kimbark
1 Bedroom Apartments

Ivy at Kimbark

5428-5432 S Kimbark AveChicago, IL 60615

Hyde Park, Chicago, IL Local Guide

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Pet Friendly Lifestyle
Hyde Park, Chicago, IL

Ranked #45

Among cities in Illinois for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Getting Around the Hyde Park Neighborhood in Chicago, IL

Walk Score®

90 / 100

Walker’s Paradise

Daily errands do not require a car

Bike Score®

93 / 100

Biker's Paradise

Daily errands can be accomplished on a bike

Transit Score®

65 / 100

Good Transit

Many nearby public transportation options

Frequently Asked Questions about Cheap Hyde Park Apartments

What is a cheap apartment in Hyde Park?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Hyde Park is under $1,177.

What is the price of a cheap apartment in Hyde Park?

The cheapest apartment in Hyde Park is 5020 S Woodlawn Ave which is listed at $1,230, while the average apartment in Hyde Park costs $5,250.

What types of apartments are the cheapest in Hyde Park?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 11 regular apartments in Hyde Park that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Hyde Park?

Cheap apartments in Hyde Park have an average cost of $469 which is $4,781 cheaper than the average rent for all rentals in Hyde Park.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

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A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago

Written by: Nicole Harms

I’m Nicole, your ApartmentHomeLiving.com Local Expert for Chicago, IL. As a resident of the Chicago area for over 20 years, I’ve learned which neighborhoods are great and which are best avoided.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.