
Cheap Apartments for Rent in the Hyde Park Neighborhood of Chicago, IL from $500 (135 Rentals) Page 3 of 3
Search the lowest-cost Apartments available for rent right now in the Hyde Park area of Chicago.


5049 S. Drexel Boulevard

Ivy at Drexel

Ivy at Kimbark

5300 S. Drexel Avenue

Kenwood Court

5034-5046 S. Woodlawn Avenue

5055 S Dorchester Ave

Drexel Terrace

5337 S. Hyde Park Boulevard
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!

Dorchester Court Apartments

5430-5432 S Harper Ave

5415 S. Woodlawn Avenue

Windermere House

The Blackwood

Ivy Promenade

5400 S Harper Ave

5128-5132 S. Cornell Avenue

Ivy at Ridgewood

5222-38 S. Drexel Avenue
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

Ivy at Greenwood

5300 S Shore Dr

5411-5421 S. Ellis Avenue

5416 S. Woodlawn Avenue

5400-5406 S. Maryland Avenue

5551 S Kimbark Ave

Silver Cloud Condominiums

5355-5361 S. Cottage Grove Avenue

5301-5307 S. Maryland Avenue

5234-5244 S. Ingleside Avenue

5350-5358 S. Maryland Avenue

5300-5308 S. Greenwood Avenue

Woodlawn Court

5401-5409 S. Cottage Grove Avenue

5326-5336 S. Greenwood Avenue
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 | $1,302 | $684 | $2,920 |
| Hyde Park 1 Bedroom Apartments | $1,929 | $700 | $3,025 |
| Hyde Park 2 Bedroom Apartments | $2,726 | $1,549 | $4,495 |
| Hyde Park 3 Bedroom Apartments | $3,058 | $2,062 | $4,200 |
| Hyde Park 4 Bedroom Apartments | $3,546 | $2,880 | $5,173 |
| Hyde Park 5 Bedroom Apartments | $4,000 | $4,000 | $4,000 |
Browse Apartments in this Neighborhood
There are currently 135 rentals with your search options within a 2 mile radius of the Hyde Park Neighborhood of Chicago, IL.
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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 $1,155.
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 12 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 $212 which is $3,938 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 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.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.