Cheap Homes for Rent in Hyde Park Neighborhood of Chicago, IL from $1,300 (18 Rentals)

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

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

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property at 1450 E 55th Pl

$1,700

Total Monthly Price

Total Monthly Price

Base Rent
$1,700
Total Monthly Price
$1,700

1 Bedroom, 1 Bath Condo for Rent

Available Jul 6

1450 E 55th Pl, Unit 424S

1450 E 55th Pl
ChicagoIL60637

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Showing Results 1-18, Page 1 of 1

Cheapest Available Hyde Park Apartments for Rent

 

The cheapest available apartment rental in the Hyde Park area of Chicago, IL is a Studio unit found at 5445 Ingleside By 3L Living priced from $684. 5540 Hyde Park by 3L Living has the second lowest priced unit, which is a Studio apartment currently listed from $724. Here are the most affordable Hyde Park apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
5445 Ingleside By 3L LivingCo-Living Single RoomStudio,1BA$684
5540 Hyde Park by 3L LivingEfficiency Studio - NorthStudio,1BA$724
5748 Blackstone By 3L LivingNo Kitchenette with Shared BathroomStudio,1BA$726
824 E 53rd StLarge StudioStudio,1BA$850
5401 Cornell by 3L LivingStandard StudioStudio,1BA$965

Best Value Apartments for Rent in Hyde Park, IL

As of July 05, 2026 the best value apartment in the Hyde Park area is the $1.20 price per square foot 5211 S Greenwood Ave Model at 5211 S Greenwood Ave in the in the Hyde Park neighborhood starting from $3,850. The second greatest value Hyde Park apartment is the 5700-4bA Model at 5700 S. Blackstone Avenue starting at $4,450 with a $1.90 price per square foot in the Hyde Park neighborhood. Here is today’s list of the best values for Hyde Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
5211 S Greenwood Ave5211 S Greenwood Ave4BR,2BA$1.20
5700 S. Blackstone Avenue5700-4bA4BR,2BA$1.90
5313 South Maryland Avenue, Unit Apt 45313 South Maryland Avenue4BR,2BA$1.79
5111 S. Kimbark Avenue5111k4ba4BR,2BA$1.89
Woodlawn Commons2BR/1BA2BR,1BA$1.63
Drexel Terracedrxt-2bb2BR,1BA$1.73
5202-5210 S. Cornell Avenue5202-2G2BR,1BA$1.85
824 E 53rd St1 Bed1BR,1BA$1.19
5487 S Drexel Ave, Unit 25487 S Drexel Ave1BR,1BA$1.75
5020 S Woodlawn Ave1 Bedroom1BR,1BA$1.73

Frequently Asked Questions about Hyde Park

What type of rentals are currently available in Hyde Park?

There are currently 571 Apartments for Rent in Hyde Park, IL with pricing that ranges from $684 to $5,173. There are also 42 Single Family Homes for rent, Condos, and Townhome rentals currently available in Hyde Park ranging from $1,300 to $4,700.

What is the current price range for Rental Homes in Hyde Park?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Hyde Park ranges from $1,300 to $4,700 with an average monthly rent of $3,001.

How much are larger Three and Four Bedroom Rentals in Hyde Park?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Hyde Park range from $2,099 to $4,200, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,950 to $3,800. Four Bedroom Single-Family rentals are also available starting from $3,600 and Four Bedroom Apartments start at $2,795.

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.

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