
Cheap Studio Apartments for Rent in the Hyde Park Neighborhood of Chicago, IL from $600 (56 Rentals)


5748 Blackstone By 3L Living

5540 Hyde Park by 3L Living

824 E 53rd St

5401 Cornell by 3L Living

5214 S Woodlawn Ave

5480 S Cornell Ave

Cornell (The Greenstone)

The Versailles Apartments

Museum Walk 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.

The Flamingo Apartments

5419 S Harper Ave

2Sisters Apartments

1363-67 E. 53rd St.

Twin Towers Apartments

Hyde Park West

Algonquin Apartments

5401 S Ellis Ave

5451 S Cornell Apartments

The Carolan 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.

The Max Apartments

The Columbian

Ivy Dorchester

Ivy Tower

Blackstone Court

801-05 E Drexel Square Chicago, IL 60615

The Ella Apartments

Ivy Villas

Ivy at Shelbyrne

Ivy at Fairfax
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 Dickens

Ivy at Carlson

5136 S Kimbark Ave

Ivy at Sylvan

5114-5118 South Kimbark Avenue Apartments

Woodlawn House Apartments

Ivy Gayles

Ivy Kenwood

The Victorian Apartments

Everett Apartments
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.

Ivy Terrace

Ivy at Harper

Everett Apartments

5528-5532 S. Everett Avenue

5200-5206 S Harper Ave

Ivy at Mason

5500 S. Cornell Avenue

Campus Court Apartments

5453-5461 S Everett Ave

5120 S. Hyde Park Boulevard
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

How much does it cost to rent an apartment in Hyde Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
Hyde Park Studio Apartments | $976 | $600 | $2,444 |
| Hyde Park 1 Bedroom Apartments | $1,921 | $950 | $3,840 |
| Hyde Park 2 Bedroom Apartments | $2,320 | $1,450 | $4,500 |
| Hyde Park 3 Bedroom Apartments | $2,839 | $1,800 | $3,813 |
| Hyde Park 4 Bedroom Apartments | $3,274 | $3,199 | $3,375 |
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 $1,095.
What is the price of a cheap apartment in Hyde Park?
The cheapest apartment in Hyde Park is 5445 Ingleside By 3L Living which is listed at $600, 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 13 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 $342 which is $3,808 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.