Cheap Apartments for Rent in the Hyde Park Neighborhood of Chicago, IL from $500 (96 Rentals)Page 2 of 2
Search the lowest-cost Apartments available for rent right now in the Hyde Park area of Chicago.

5114-5118 South Kimbark Avenue Apartments

5457-5459 S. Blackstone Avenue
Hyde Park, Chicago, IL Local Guide

How much does it cost to rent an apartment in Hyde Park?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Hyde Park Studio Apartments | $1,394 | $669 | $5,055 |
Hyde Park 1 Bedroom Apartments | $2,370 | $1,103 | $8,505 |
Hyde Park 2 Bedroom Apartments | $2,974 | $1,599 | $10,000+ |
Hyde Park 3 Bedroom Apartments | $3,881 | $1,600 | $10,000+ |
Hyde Park 4 Bedroom Apartments | $5,313 | $3,000 | $10,000+ |
Hyde Park 5 Bedroom Apartments | $4,448 | $3,600 | $5,549 |
Browse Apartments in this Neighborhood
There are currently 96 rentals with your search options within a 2 mile radius of the Hyde Park Neighborhood of Chicago, IL.
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Getting Around the Hyde Park Neighborhood in Chicago, IL
Walk Score®
90 / 100
Walker’s Paradise
Daily errands do not require a car
Bike Score®
93 / 100
Biker's Paradise
Daily errands can be accomplished on a bike
Transit Score®
65 / 100
Good Transit
Many nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 $1,075.
What is the price of a cheap apartment in Hyde Park?
The cheapest apartment in Hyde Park is Woodlawn House Apartments which is listed at $1,103, while the average apartment in Hyde Park costs $3,945.
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 8 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 $187 which is $3,758 cheaper than the average rent for all rentals in Hyde Park.
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.

Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.