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$570 - $700Studio Apartments Contact Us For Availability
Hyde Park Beach
5325-5327 S Cornell AveChicago, IL 60615
Cheap Apartments for Rent in the Hyde Park Neighborhood of Chicago, IL from $500 (73 Rentals)
Search the lowest-cost Apartments available for rent right now in the Hyde Park area of Chicago.
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$688 - $786Studio Apartments Available Now
5540 Hyde Park by 3L Living
5540 S Hyde Park BlvdChicago, IL 60637
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$688 - $1,499Studio to 2 Bedroom Apartments Available Now
5748 Blackstone By 3L Living
5748 S Blackstone AveChicago, IL 60637
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$699 - $1,998Studio to 3 Bedroom Apartments Available Now
5445 Ingleside By 3L Living
5445 S Ingleside AveChicago, IL 60615
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$919 - $1,282Studio to 1 Bedroom Apartments Available Now
5401 Cornell by 3L Living
5401 S Cornell AveChicago, IL 60615
5214 S Woodlawn Ave
ChicagoIL60615
5210 S Woodlawn Ave
ChicagoIL60615
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$1,057 - $2,380Studio to 2 Bedroom Apartments Available Now
The Versailles Apartments
1374 E 53rd StChicago, IL 60615
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$1,073 - $2,356Studio to 2 Bedroom Apartments Available Now
Museum Walk Apartments
5541 S Everett AveChicago, IL 60637
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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$1,103 - $3,131Studio to 2 Bedroom Apartments Available Now
The Flamingo Apartments
5500 S Shore DrChicago, IL 60637
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$1,125Studio Apartment Available Now
5720 S Blackstone Ave, Unit #209
5720 S Blackstone AveChicago, IL 60637
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$1,150Studio Apartments Available Now
5740 S Stony Island Ave
5740 S Stony Island AveChicago, IL 60637
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$1,217 - $2,181Studio to 1 Bedroom Apartments Available Now
2Sisters Apartments
5123 S Kimbark AveChicago, IL 60615
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$1,2301 Bedroom Apartments Contact Us For Availability
5020 S Woodlawn Ave
5020-5030 S Woodlawn AveChicago, IL 60615
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5136 S Blackstone Ave
ChicagoIL60615
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Rent Specials
$1,332 - $3,2181 to 2 Bedroom Apartments Available Now
Madison Park Apartments
1380 E Hyde Park BlvdChicago, IL 60615
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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$1,367 - $3,074Studio to 2 Bedroom Apartments Available Now
Scholars Corner Apartments
5100 S Cornell AveChicago, IL 60615
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$1,375 - $3,6721 to 3 Bedroom Apartments Available Now
1101 E. Hyde Park Boulevard
1101-1123 E Hyde Park BlvdChicago, IL 60615
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$1,417 - $4,368Studio to 3 Bedroom Apartments Available Now
Twin Towers Apartments
1649 E 50th StChicago, IL 60615
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$1,425 - $3,225Studio to 4 Bedroom Apartments Available Now
Hyde Park West
5325 S Cottage Grove AveChicago, IL 60615
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$1,471 - $2,834Studio to 2 Bedroom Apartments Available Now
Mayfair Apartments
5496 S Hyde Park BlvdChicago, IL 60615
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$1,475 - $2,5001 to 3 Bedroom Apartments Available Now
The Trilogy at Hyde Park
1310-1316 E Hyde Park BlvdChicago, IL 60615
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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!
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Studio to 2 Bedroom Apartments
801-05 E Drexel Square Chicago, IL 60615
801-805 E Drexel SqChicago, IL 60615
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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.
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Studio to 1 Bedroom Apartments
5114-5118 South Kimbark Avenue Apartments
5114-5118 S Kimbark AveChicago, IL 60615
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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
Hyde Park, Chicago, IL Local Guide
Copyright CoStar Group, Inc
How much does it cost to rent an apartment in Hyde Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Hyde Park Studio Apartments | $1,057 | $570 | $3,561 |
| Hyde Park 1 Bedroom Apartments | $1,871 | $950 | $3,876 |
| Hyde Park 2 Bedroom Apartments | $2,314 | $1,499 | $4,357 |
| Hyde Park 3 Bedroom Apartments | $2,846 | $1,998 | $4,100 |
| Hyde Park 4 Bedroom Apartments | $3,243 | $2,950 | $3,499 |
| Hyde Park 5 Bedroom Apartments | $5,995 | $5,995 | $5,995 |
Browse Apartments in this Neighborhood
There are currently 73 rentals with your search options within a 2 mile radius of the Hyde Park Neighborhood of Chicago, IL.
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Hyde Park, Chicago, IL Local Guide
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Cheapest Available Hyde Park Apartments for Rent
The cheapest available apartment rental in the Hyde Park area of Chicago, IL is a Studio unit found at 5540 Hyde Park by 3L Living priced from $688. 5748 Blackstone By 3L Living has the second lowest priced unit, which is a Studio apartment currently listed from $688. Here are the most affordable Hyde Park apartments for rent in Chicago, IL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 5540 Hyde Park by 3L Living | Efficiency Studio - North | Studio,1BA | $688 |
| 5748 Blackstone By 3L Living | No Kitchenette with Shared Bathroom | Studio,1BA | $688 |
| 5445 Ingleside By 3L Living | Large Co-Living Single Room | Studio,1BA | $699 |
| 824 E 53rd St | Large Studio | Studio,1BA | $850 |
| 5401 Cornell by 3L Living | Studio | Studio,1BA | $919 |
| 801-05 E Drexel Square Chicago, IL 60615 | Studio Apartment | Studio,1BA | $940 |
| The Versailles Apartments | Studio Floor Plan S3 | Studio,1BA | $1,057 |
| Cornell (The Greenstone) | Small Studio | Studio,1BA | $1,095 |
| Museum Walk Apartments | Studio Floor Plan S1 | Studio,1BA | $1,103 |
Best Value Apartments for Rent in Hyde Park, IL
As of January 04, 2026 the best value apartment in the Hyde Park area is the $1.72 price per square foot 5700-4bA Model at 5700 S. Blackstone Avenue in the in the Hyde Park neighborhood starting from $3,899. The second greatest value Hyde Park apartment is the 5429-3bd Model at 5429 S. Woodlawn Avenue starting at $3,399 with a $1.77 price per square foot in the Hyde Park neighborhood. Here is today’s list of the best values for Hyde Park apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 5700 S. Blackstone Avenue | 5700-4bA | 4BR,2BA | $1.72 |
| 5429 S. Woodlawn Avenue | 5429-3bd | 3BR,2BA | $1.77 |
| 5111 S. Kimbark Avenue | 5111k4ba | 4BR,2BA | $1.92 |
| 5468-70 S. Hyde Park Boulevard | 5468-4bC | 4BR,2BA | $1.76 |
| The Trilogy at Hyde Park | 3 bedroom | 3BR,2BA | $1.87 |
| Greenwood 5201 | gnwd3bd | 3BR,1BA | $1.76 |
| Mayfair Apartments | 2 Bedrooms Floor Plan B1 | 2BR,1BA | $1.89 |
| 5053 S. Ellis Avenue | 5053-2bB | 2BR,1BA | $1.94 |
| 824 E 53rd St | 1 Bed | 1BR,1BA | $1.19 |
| 5020 S Woodlawn Ave | 1 Bedroom | 1BR,1BA | $1.73 |
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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Best Neighborhoods to Rent in Near Chicago's Top Employers: A Guide for Renters
A Local Expert's Guide to The 10 Best Chicago Neighborhoods near Major Local Employers. Find your perfect Chicago, IL apartment, condo, or rental home today at ApartmentHomeLiving.com
Read ArticleThe 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.
Read ArticleCash 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.
Read ArticleA Local Expert's Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago
A Local Expert's guide to the Best Student Friendly Neighborhoods Near Colleges in the Chicago, IL metro area for affordable living. Find your perfect Chicago Student apartment, condo, or rental home today at ApartmentHomeliving.com
Read ArticleQuick 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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Lifestyle Ratings
ApartmentHomeLiving brings you Lifestyle Ratings of rentals in metropolitan areas across the United States, including Chicago. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including rankings of the best places for outdoor amenities like tennis courts, luxury amenities, features that make it easier to raise kids, raising pets, transit options, and other valuable search options. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
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 $1,103.
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 $5,995.
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 4 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 $535 which is $5,460 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
How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.
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.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!