Cheap Apartments for Rent in the Hyde Park Neighborhood of Chicago, IL from $500 (126 Rentals) Page 2 of 3

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Search the lowest-cost Apartments available for rent right now in the Hyde Park area of Chicago.

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5401 S Ellis Ave
Studio to 3 Bedroom Apartments

5401 S Ellis Ave

5401 S Ellis AveChicago, IL 60615
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Ohio Commons
1 to 4 Bedroom Apartments

Ohio Commons

5001 S Drexel BlvdChicago, IL 60615
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The Carolan Apartments
Studio to 1 Bedroom Apartments

The Carolan Apartments

5480 S Cornell AveChicago, IL 60615
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Cornell Arms Apartments
Studio to 1 Bedroom Apartments

Cornell Arms Apartments

5212-5220 S Cornell AveChicago, IL 60615
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The Max Apartments
Studio to 1 Bedroom Apartments

The Max Apartments

5135 S Blackstone AveChicago, IL 60615
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The Columbian
Studio to 1 Bedroom Apartments

The Columbian

5220-5224 S Harper AveChicago, IL 60615
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Ivy Dorchester
Studio to 2 Bedroom Apartments

Ivy Dorchester

5118 S Dorchester AveChicago, IL 60615
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Ivy Dickens
Studio to 1 Bedroom Apartments

Ivy Dickens

5330 S Blackstone AveChicago, IL 60615
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Ivy Villas
Studio to 2 Bedroom Apartments

Ivy Villas

5514 S Blackstone AveChicago, IL 60637

Chicago's Best Affordable Neighborhoods

Learn about Chicago and the best places to live with original content written by our Chicago, IL Local Expert Nicole Harms

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The Ella Apartments
Studio Apartments

The Ella Apartments

5111 S University AveChicago, IL 60615
  • Utilities Included
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Ivy at Shelbyrne
Studio to 2 Bedroom Apartments

Ivy at Shelbyrne

5110 S Kenwood AveChicago, IL 60615
Student Housing
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Ivy at Fairfax
Studio to 3 Bedroom Apartments

Ivy at Fairfax

1369 E Hyde Park BlvdChicago, IL 60615
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801 E Drexel Square
Studio to 2 Bedroom Apartments

801 E Drexel Square

801-805 E Drexel SqChicago, IL 60615
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5136 S Kimbark Ave
Studio to 1 Bedroom Apartments

5136 S Kimbark Ave

5136 S Kimbark AveChicago, IL 60615
  • Utilities Included
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Ivy at Sylvan
Studio to 1 Bedroom Apartments

Ivy at Sylvan

5532 S Kenwood AveChicago, IL 60637
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Ivy Gayles
Studio to 2 Bedroom Apartments

Ivy Gayles

5316 S Dorchester AveChicago, IL 60615
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Ivy Kenwood
Studio to 2 Bedroom Apartments

Ivy Kenwood

5220 S Kenwood AveChicago, IL 60615
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Ivy at Carlson
Studio to 2 Bedroom Apartments

Ivy at Carlson

1401 E Hyde Park BlvdChicago, IL 60615

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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Everett Apartments
Studio to 2 Bedroom Apartments

Everett Apartments

5465 S Everett AveChicago, IL 60615
  • Utilities Included
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Ivy Terrace
Studio to 2 Bedroom Apartments

Ivy Terrace

5140 S Kenwood AveChicago, IL 60615
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Ivy at Harper
Studio to 2 Bedroom Apartments

Ivy at Harper

5345 S Harper AveChicago, IL 60615
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5454 S Everett
Studio to 2 Bedroom Apartments

5454 S Everett

5454 S Everett AveChicago, IL 60615
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Everett Apartments
Studio to 2 Bedroom Apartments

Everett Apartments

5469-5479 S Everett AveChicago, IL 60615
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Blackstone Court
Studio to 1 Bedroom Apartments

Blackstone Court

5724-5734 S Blackstone AveChicago, IL 60637
  • Utilities Included

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Ivy at Mason
Studio to 2 Bedroom Apartments

Ivy at Mason

1215 E Hyde Park BlvdChicago, IL 60615
  • Utilities Included
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5500 S. Cornell Avenue
Studio to 4 Bedroom Apartments

5500 S. Cornell Avenue

5493 S Cornell AveChicago, IL 60637
Corporate Housing
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Ivy Hastings
1 to 2 Bedroom Apartments

Ivy Hastings

5125 S Kenwood AveChicago, IL 60615
Student Housing
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Ivy at Piccadilly
Studio to 3 Bedroom Apartments

Ivy at Piccadilly

5107 S Blackstone AveChicago, IL 60615
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Cornell Terrace
Studio to 4 Bedroom Apartments

Cornell Terrace

5430 S Cornell AveChicago, IL 60615
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Everett Hyde Park
Studio to 2 Bedroom Apartments

Everett Hyde Park

5501-5513 S Everett AveChicago, IL 60637
  • Utilities Included

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Everett Hyde Park
Studio to 2 Bedroom Apartments

Everett Hyde Park

5501-5527 S Everett AveChicago, IL 60637
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The Trilogy at Hyde Park
1 to 3 Bedroom Apartments

The Trilogy at Hyde Park

1310-1316 E Hyde Park BlvdChicago, IL 60615
Corporate Housing
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1440 E. 52nd Street
Studio to 1 Bedroom Apartments

1440 E. 52nd Street

1440-1450 E 52nd StChicago, IL 60637
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824-842 E 53rd St
Studio to 1 Bedroom Apartments

824-842 E 53rd St

824-842 E 53rd StChicago, IL 60615
  • Utilities Included
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5501 S. Cornell
Studio to 1 Bedroom Apartments

5501 S. Cornell

5501 S Cornell AveChicago, IL 60637
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Ivy at Drexel
1 to 3 Bedroom Apartments

Ivy at Drexel

5235-5245 S Drexel AveChicago, IL 60615
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Ivy at Kimbark
1 to 2 Bedroom Apartments

Ivy at Kimbark

5428-5432 S Kimbark AveChicago, IL 60615
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5300 S. Drexel Avenue
Studio to 2 Bedroom Apartments

5300 S. Drexel Avenue

5300-5304 S Drexel AveChicago, IL 60615
Corporate Housing

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.

Frequently Asked Questions about Cheap Hyde Park Apartments

What is the Cheapest Studio apartment in Hyde Park?

Currently the most affordable Cheap Studio Apartment in Hyde Park is at 5445 Ingleside By 3L Living listed at $712.

How much is rent for a Cheap One Bedroom Hyde Park Apartment?

The lowest price for a Cheap One Bedroom Hyde Park Apartment is $950 at 824 E 53rd St.

What is the lowest price for a Cheap Two Bedroom Hyde Park Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Hyde Park is starting from $1,583 at The Flamingo Apartments.

What is the most affordable Hyde Park Three Bedroom Apartment?

The best deal on a cheap Hyde Park Three Bedroom Apartment rental is at 1515 E. 54th Street and starts from $2,050.

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

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Best Places to Live Near Chicago: 5 Cities That Keep the Windy City Accessible

Written by: Nicole Harms

I’m Nicole, you’re ApartmentHomeLiving.com Local Expert for Chicago. There’s no denying I love the Windy City. Yet there’s also no denying that rental homes in Chicago can be pricy, small, and hard to find.

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Chicago Relocation 101: Mastering Utilities, Registration, and the CTA

Written by: Nicole Harms

Moving to a new city is always an exciting time, especially one as vibrant and diverse as Chicago. With world-class museums, a breathtaking lakefront, and numerous employment opportunities, there’s much to love about this city.

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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.

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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.

Articles, How-To's, and Tips

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.