
Cheap 1 Bedroom Apartments for Rent in the Hyde Park Neighborhood of Chicago, IL from $950 (51 Rentals)


5020 S Woodlawn Ave

Total Monthly Price
The Versailles Apartments

Total Monthly Price
Scholars Corner Apartments

Total Monthly Price
Museum Walk Apartments

Total Monthly Price
The Flamingo Apartments

5401 Cornell by 3L Living

Total Monthly Price
The Trilogy at Hyde Park

Total Monthly Price
2Sisters Apartments
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.

Drexel Grand

5455 S Everett Ave

Twin Towers Apartments

Ellis Court

5132 S Blackstone Ave

5248 S Drexel Ave

Ohio Commons

The Carolan Apartments

Ivy at Carlson

Cornell Arms Apartments
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.

Woodlawn House Apartments

5454 S Everett

The Columbian

Ivy at Harper

Ivy Kenwood

5136 S Kimbark Ave

Ivy Dickens

801-805 E Drexel Sq

Blackstone Court

5453-5461 S Everett Ave
Chicago Relocation 101: Mastering Utilities, Registration, and the CTA
Moving to Chicago? This essential relocation guide offers a complete checklist for new residents, covering finding the right neighborhood, setting up utilities (ComEd, People’s Gas), and mastering high-rise moving logistics and vehicle registration.

5114 S Woodlawn Ave

Ivy at Sylvan

Ivy at Fairfax

1316-1319 E Hyde Park Blvd

Ivy Terrace

Everett Hyde Park

5200-5206 S Harper Ave

Ivy Gayles

Ivy Villas

Ivy Hastings
Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago
Learn about the best things about living in Chicago from a local in the Insiders Guide to Renting in Chicago. Find your perfect Chicago apartment today!

Ivy at Shelbyrne

5336-5338 S. Hyde Park Boulevard

824-842 E 53rd St

Ivy at Mason

5114-5118 South Kimbark Avenue Apartments

918 E. Hyde Park Boulevard

Ivy at Piccadilly

Everett Apartments

Ivy at Kimbark

1440 E. 52nd Street
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
Hyde Park, Chicago, IL Local Guide

How much does it cost to rent an apartment in Hyde Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Hyde Park Studio Apartments | $1,074 | $684 | $3,608 |
Hyde Park 1 Bedroom Apartments | $1,955 | $950 | $3,856 |
| Hyde Park 2 Bedroom Apartments | $2,646 | $1,549 | $5,759 |
| Hyde Park 3 Bedroom Apartments | $2,990 | $2,000 | $5,215 |
| Hyde Park 4 Bedroom Apartments | $3,625 | $3,100 | $5,173 |
Explore Chicago
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 $1,100.
What is the price of a cheap apartment in Hyde Park?
The cheapest apartment in Hyde Park is 824 E 53rd St which is listed at $950, while the average apartment in Hyde Park costs $4,150.
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 19 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 $243 which is $3,907 cheaper than the average rent for all rentals in Hyde Park.
Expert Rental Resources
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.
Helpful Local Expert Guides

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.

Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago
Written by: Nicole Harms
With world-class museums lining its streets, Chicago is a place people go to learn. It’s not surprising, therefore, that it’s also home to multiple colleges and universities with national and global reputations.

Best Neighborhoods to Rent in Near Chicago's Top Employers
Written by: Nicole Harms
Whenever life takes me into the city, I’m always impressed with the sheer amount of industry and commerce that it holds. With all of that commerce comes a wide range of employment options.

Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago
Written by: Nicole Harms
From Lake Shore Drive to the O’Hare Airport, the city of Chicago is a study in diversity, resilience, and culture.
Articles, How-To's, and Tips

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.
