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Cheap Apartments for Rent in the Hyde Park Neighborhood of Chicago, IL from $500 (72 Rentals) Page 2 of 2
Search the lowest-cost Apartments available for rent right now in the Hyde Park area of Chicago.
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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.
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Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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Studio to 1 Bedroom Apartments
5405-5407 S. Woodlawn Avenue
5405-5407 S Woodlawn AveChicago, IL 60615
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Hyde Park - One of the Best Affordable Neighborhoods in Chicago
Named as one of the Best Affordable Neighborhoods to rent in Chicago by our Chicago, IL Local Expert Nicole Harms. See how it ranks!
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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 | $1,091 | $698 | $3,561 |
| Hyde Park 1 Bedroom Apartments | $1,864 | $1,230 | $3,876 |
| Hyde Park 2 Bedroom Apartments | $2,207 | $1,220 | $4,431 |
| Hyde Park 3 Bedroom Apartments | $2,952 | $1,999 | $4,100 |
| Hyde Park 4 Bedroom Apartments | $3,193 | $2,950 | $3,499 |
| Hyde Park 5 Bedroom Apartments | $5,995 | $5,995 | $5,995 |
Browse Apartments in this Neighborhood
There are currently 72 rentals with your search options within a 2 mile radius of the Hyde Park Neighborhood of Chicago, IL.
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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
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 $1,149.
What is the price of a cheap apartment in Hyde Park?
The cheapest apartment in Hyde Park is Woodlawn House Apartments which is listed at $1,083, 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 9 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 $434 which is $5,561 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.
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.
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!
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.