5252 S Drexel Ave, Unit Bedroom 1
5252 S Drexel Ave
ChicagoIL60615
Cheap Homes for Rent in Hyde Park Neighborhood of Chicago, IL from $600 (13 Rentals)
Search the lowest-cost Homes available for rent right now in the Hyde Park area of Chicago.
close
View Me
5210 S Woodlawn Ave
ChicagoIL60615
5728 S Blackstone Ave
ChicagoIL60637
5326 S Cornell Ave
ChicagoIL60615
5742 S Stony Island Ave
ChicagoIL60637
5480 S Cornell Ave
ChicagoIL60615
5135 S Kenwood Ave
ChicagoIL60615
5704 S Harper Ave
ChicagoIL60637
close
View Me
1226 E 54th St
ChicagoIL60615
1450 E 55th Pl
ChicagoIL60637
1450 E 55th Pl
ChicagoIL60637
Showing Results 1-13, Page 1 of 1
Hyde Park, Chicago, IL Local Guide
Copyright CoStar Group, Inc
How much does it cost to rent a home in Hyde Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Hyde Park 2 Bedroom Homes for Rent | $2,350 | $2,100 | $2,850 |
| Hyde Park 3 Bedroom Homes for Rent | $3,241 | $1,750 | $5,200 |
| Hyde Park 4 Bedroom Homes for Rent | $3,774 | $3,495 | $4,200 |
| Hyde Park 5 Bedroom Homes for Rent | $5,600 | $5,600 | $5,600 |
Browse Homes for Rent in this Neighborhood
There are currently 13 rentals with your search options within a 2 mile radius of the Hyde Park Neighborhood of Chicago, IL.
Explore Chicago
Hyde Park, Chicago, IL Local Guide
- Nearby Chicago neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 $698. 5540 Hyde Park by 3L Living has the second lowest priced unit, which is a Studio apartment currently listed from $699. Here are the most affordable Hyde Park apartments for rent in Chicago, IL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 5445 Ingleside By 3L Living | Large Co-Living Single Room | Studio,1BA | $698 |
| 5540 Hyde Park by 3L Living | Efficiency Studio - North | Studio,1BA | $699 |
| 5748 Blackstone By 3L Living | No Kitchenette with Shared Bathroom | Studio,1BA | $699 |
| 5401 Cornell by 3L Living | Studio | Studio,1BA | $919 |
| 801-05 E Drexel Square | Studio Apartment | Studio,1BA | $975 |
Best Value Apartments for Rent in Hyde Park, IL
As of November 12, 2025 the best value apartment in the Hyde Park area is the $1.72 price per square foot 5700-4bA Model at 5700 S. Blackstone Avenue in the in the Hyde Park neighborhood starting from $3,899. The second greatest value Hyde Park apartment is the 5218-5bC Model at 5218-5220 S. Kimbark Avenue starting at $2,895 with a $1.41 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 5700 S. Blackstone Avenue | 5700-4bA | 4BR,2BA | $1.72 |
| 5218-5220 S. Kimbark Avenue | 5218-5bC | 5BR,2BA | $1.41 |
| 5429 S. Woodlawn Avenue | 5429-3bd | 3BR,2BA | $1.77 |
| 5512 S. Hyde Park Boulevard | 5512-4bC | 4BR,2BA | $1.92 |
| 5468-70 S. Hyde Park Boulevard | 5468-4bC | 4BR,2BA | $1.78 |
| 5409 S. Blackstone | 5411_3b2a | 3BR,2BA | $1.72 |
| Greenwood 5201 | gnwd3bd | 3BR,1BA | $1.76 |
| Harper Court | hrpr2bD | 2BR,2BA | $1.87 |
| 5053 S. Ellis Avenue | 5053-2bB | 2BR,1BA | $1.94 |
| 5020 S Woodlawn Ave | 1 Bedroom | 1BR,1BA | $1.73 |
Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Let everyone know!
Do you know the Hyde Park area?
If you’re an expert on all things Hyde Park, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Pet Friendly LifestyleHyde Park, Chicago, IL
Ranked #52
Among cities in Illinois for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Frequently Asked Questions about Hyde Park
What type of rentals are currently available in Hyde Park?
There are currently 558 Apartments for Rent in Hyde Park, IL with pricing that ranges from $698 to $5,995. There are also 41 Single Family Homes for rent, Condos, and Townhome rentals currently available in Hyde Park ranging from $650 to $5,600.
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 $650 to $5,600 with an average monthly rent of $2,954.
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 $1,999 to $4,100, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,750 to $5,200. Four Bedroom Single-Family rentals are also available starting from $3,495 and Four Bedroom Apartments start at $2,950.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.
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.
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.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.