Cheap Studio Apartments for Rent in the Hyde Park Neighborhood of Chicago, IL from $688 (56 Rentals)

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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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5401 S Ellis Ave
Studio Apartments

5401 S Ellis Ave

5401 S Ellis AveChicago, IL 60615
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The Max Apartments
Studio Apartments

The Max Apartments

5135 S Blackstone AveChicago, IL 60615
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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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Ivy Dorchester
Studio Apartments

Ivy Dorchester

5118 S Dorchester AveChicago, IL 60615
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The Columbian
Studio Apartments

The Columbian

5220-5224 S Harper AveChicago, IL 60615
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Ivy Tower
Studio Apartments

Ivy Tower

5455 S Blackstone AveChicago, IL 60615
Student Housing
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Blackstone Court
Studio Apartments

Blackstone Court

5724-5734 S Blackstone AveChicago, IL 60637
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The Ella Apartments
Studio Apartments

The Ella Apartments

5111 S University AveChicago, IL 60615
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Ivy Villas
Studio Apartments

Ivy Villas

5514 S Blackstone AveChicago, IL 60637
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Ivy at Shelbyrne
Studio Apartments

Ivy at Shelbyrne

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

Ivy at Fairfax

1369 E Hyde Park BlvdChicago, IL 60615
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Ivy Dickens
Studio Apartments

Ivy Dickens

5330 S Blackstone AveChicago, IL 60615

Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago

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Ivy at Carlson
Studio Apartments

Ivy at Carlson

1401 E Hyde Park BlvdChicago, IL 60615
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5136 S Kimbark Ave
Studio Apartments

5136 S Kimbark Ave

5136 S Kimbark AveChicago, IL 60615
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Ivy at Sylvan
Studio Apartments

Ivy at Sylvan

5532 S Kenwood AveChicago, IL 60637
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Ivy Gayles
Studio Apartments

Ivy Gayles

5316 S Dorchester AveChicago, IL 60615
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Ivy Kenwood
Studio Apartments

Ivy Kenwood

5220 S Kenwood AveChicago, IL 60615
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Everett Apartments
Studio Apartments

Everett Apartments

5465 S Everett AveChicago, IL 60615
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Ivy Terrace
Studio Apartments

Ivy Terrace

5140 S Kenwood AveChicago, IL 60615

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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Ivy at Harper
Studio Apartments

Ivy at Harper

5345 S Harper AveChicago, IL 60615
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Everett Apartments
Studio Apartments

Everett Apartments

5469-5479 S Everett AveChicago, IL 60615
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Ivy at Mason
Studio Apartments

Ivy at Mason

1215 E Hyde Park BlvdChicago, IL 60615
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Drexel Grand
Studio Apartments

Drexel Grand

5220 S Drexel AveChicago, IL 60615

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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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 5540 Hyde Park by 3L Living which is listed at $688, 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

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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.

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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.

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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.

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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.

Articles, How-To's, and Tips

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

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.

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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.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!