Apartments for Rent in the Hyde Park Neighborhood of Chicago, IL Under $1,500 (71 Rentals)

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The Windy City Price Tag: Your Complete Guide to the Cost of Living in Chicago

Chicago may cost more than the national average, but with the right neighborhood, a smart transit strategy, and a few local insider tips, living well in the Windy City is more achievable than you might think. Our local expert breaks down everything from rent and groceries to transportation and healthcare so you can plan your move with confidence.

property at 1367 E 53rd St

$1,340

Total Monthly Price

Total Monthly Price

Base Rent
$1,340

Total Monthly Price
$1,340

Studio, 1 Bath Condo for Rent

Available Now

1367 E 53rd St, Unit 3

1367 E 53rd St
ChicagoIL60615
property at 1401 E 55th St

$1,300 - $2,395

Total Monthly Price

Total Monthly Price

Base Rent
$1,300 - $2,395

Total Monthly Price
$1,300 - $2,395

1 To 2 Bedroom Condos for Rent

Available Now

1401 E 55th St

ChicagoIL60615

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

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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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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Everett Hyde Park
Studio to 2 Bedroom Apartments

Everett Hyde Park

5501-5513 S Everett AveChicago, IL 60637
  • Utilities Included
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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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Ivy at Drexel
1 to 3 Bedroom Apartments

Ivy at Drexel

5235-5245 S Drexel AveChicago, IL 60615
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Ivy Greens
1 Bedroom Apartments

Ivy Greens

5439-5445 S Woodlawn AveChicago, IL 60615
Student Housing
  • Utilities Included

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

Looking for a rental near Chicago? These five cities offer excellent options! From small-town charm to excellent business options, you can't go wrong!

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Cornell Terrace
Studio to 4 Bedroom Apartments

Cornell Terrace

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

Everett Hyde Park

5501-5527 S Everett AveChicago, IL 60637
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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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Ivy Hastings
1 to 2 Bedroom Apartments

Ivy Hastings

5125 S Kenwood AveChicago, IL 60615
Student Housing

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

Moving to Chicago? This essential relocation guide offers a complete checklist for new residents, covering finding the right neighborhood, setting up utilities (ComEd, People’s Gas), and mastering high-rise moving logistics and vehicle registration.

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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 at Mason
Studio to 2 Bedroom Apartments

Ivy at Mason

1215 E Hyde Park BlvdChicago, IL 60615
  • Utilities Included
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Blackstone Court
Studio to 1 Bedroom Apartments

Blackstone Court

5724-5734 S Blackstone AveChicago, IL 60637
  • Utilities Included
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Everett Apartments
Studio to 2 Bedroom Apartments

Everett Apartments

5469-5479 S Everett AveChicago, IL 60615
  • Utilities Included
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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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Ivy at Harper
Studio to 2 Bedroom Apartments

Ivy at Harper

5345 S Harper AveChicago, IL 60615
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Ivy Terrace
Studio to 2 Bedroom Apartments

Ivy Terrace

5140 S Kenwood AveChicago, IL 60615

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.

Frequently Asked Questions about Hyde Park

How much are Studio apartments in Hyde Park?

There are currently 395 Studio Apartments in Hyde Park with rent ranges from $712 to $2,010 with an average price of $1,255.

What is the current price range for One Bedroom Hyde Park Apartments for rent?

Today's rental pricing for One Bedroom Apartments in Hyde Park ranges from $950 to $2,660 with an average monthly rent of $1,829.

What does renting a Two Bedroom Apartment in Hyde Park cost?

The monthly rent prices of Two Bedroom Apartments currently available in Hyde Park range from $1,602 to $4,500. Today's average rental price for Two Bedrooms here is $2,701.

How expensive are Hyde Park Three Bedroom Apartments?

There are currently 117 Three Bedroom Apartments listings available in Hyde Park on ApartmentHomeLiving.com. The pricing ranges from $2,145 to $4,600 - averaging $3,156 for the location.

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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The Windy City Price Tag: Your Complete Guide to the Cost of Living in Chicago

Written by: Nicole Harms

When choosing a place to live, there are many things you must consider. Your employer, your shopping preferences, and even schools are all important to think about. Yet cost of living is also important to know and plan for.

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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

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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

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

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Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

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Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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

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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

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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.