5252 S Drexel Ave, Unit Bedroom 1
5252 S Drexel Ave
ChicagoIL60615
Cheap Homes for Rent in Hyde Park Neighborhood of Chicago, IL from $800 (15 Rentals)
Search the lowest-cost Homes available for rent right now in the Hyde Park area of Chicago.
1400 E 55th Pl, Unit 516S
1400 E 55th Pl
ChicagoIL60637
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5728 S Blackstone Ave
ChicagoIL60637
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$1,150Studio Apartments Available Now
5740 S Stony Island Ave
5740 S Stony Island AveChicago, IL 60637
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.
5746 S Stony Island Ave
ChicagoIL60637
5326 S Cornell Ave
ChicagoIL60615
5742 S Stony Island Ave
ChicagoIL60637
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5704 S Harper Ave
ChicagoIL60637
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.
1450 E 55th Pl
ChicagoIL60637
5244 S Drexel Ave
ChicagoIL60615
5244.5 S Drexel Ave
ChicagoIL60615
5244.5 S Drexel Ave
ChicagoIL60615
5214 1/2 S Drexel Ave
ChicagoIL60615
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!
Showing Results 1-15, 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 | $1,743 | $1,500 | $2,500 |
| Hyde Park 3 Bedroom Homes for Rent | $2,700 | $950 | $5,200 |
| Hyde Park 4 Bedroom Homes for Rent | $3,684 | $3,204 | $4,200 |
| Hyde Park 5 Bedroom Homes for Rent | $4,500 | $4,500 | $4,500 |
Browse Homes for Rent in this Neighborhood
There are currently 15 rentals with your search options within a 2 mile radius of the Hyde Park Neighborhood of Chicago, IL.
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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 5540 Hyde Park by 3L Living priced from $688. 5748 Blackstone By 3L Living has the second lowest priced unit, which is a Studio apartment currently listed from $688. Here are the most affordable Hyde Park apartments for rent in Chicago, IL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 5540 Hyde Park by 3L Living | Efficiency Studio - North | Studio,1BA | $688 |
| 5748 Blackstone By 3L Living | No Kitchenette with Shared Bathroom | Studio,1BA | $688 |
| 5445 Ingleside By 3L Living | Large Co-Living Single Room | Studio,1BA | $699 |
| 824 E 53rd St | Large Studio | Studio,1BA | $850 |
| 5401 Cornell by 3L Living | Studio | Studio,1BA | $919 |
Best Value Apartments for Rent in Hyde Park, IL
As of January 03, 2026 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 5429-3bd Model at 5429 S. Woodlawn Avenue starting at $3,399 with a $1.77 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 |
| 5429 S. Woodlawn Avenue | 5429-3bd | 3BR,2BA | $1.77 |
| 5111 S. Kimbark Avenue | 5111k4ba | 4BR,2BA | $1.92 |
| 5468-70 S. Hyde Park Boulevard | 5468-4bC | 4BR,2BA | $1.76 |
| The Trilogy at Hyde Park | 3 bedroom | 3BR,2BA | $1.87 |
| Greenwood 5201 | gnwd3bd | 3BR,1BA | $1.76 |
| Mayfair Apartments | 2 Bedrooms Floor Plan B1 | 2BR,1BA | $1.89 |
| 5053 S. Ellis Avenue | 5053-2bB | 2BR,1BA | $1.94 |
| 824 E 53rd St | 1 Bed | 1BR,1BA | $1.19 |
| 5020 S Woodlawn Ave | 1 Bedroom | 1BR,1BA | $1.73 |
Frequently Asked Questions about Hyde Park
What type of rentals are currently available in Hyde Park?
There are currently 557 Apartments for Rent in Hyde Park, IL with pricing that ranges from $570 to $5,995. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Hyde Park ranging from $850 to $5,200.
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 $850 to $5,200 with an average monthly rent of $2,537.
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 $1,998 to $4,100, while Three Bedroom Homes, Condos, and Townhomes for rent range from $950 to $5,200. Four Bedroom Single-Family rentals are also available starting from $3,204 and Four Bedroom Apartments start at $2,950.
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
How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.
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.
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!