
Cheap Studio Apartments for Rent in the Hyde Park Neighborhood of Chicago, IL from $669 (69 Rentals)


5748 Blackstone By 3L Living

5540 Hyde Park by 3L Living

The Max Apartments

The Ella Apartments

Scholars Corner Apartments

Woodlawn House Apartments

5401 Cornell by 3L Living

5451 S Cornell Ave
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

Cornell (The Greenstone)

5728 S Blackstone Ave

The Victorian Apartments

5300-5308 S. Hyde Park Boulevard

Campus Court Apartments

Mayfair Apartments
Hyde Park - One of the Best Affordable Neighborhoods in Chicago
Named as one of the Best Affordable Neighborhoods to rent in Chicago by our Chicago, IL Local Expert Nicole Harms. See how it ranks!

1367 E 53rd St

5405-5407 S. Woodlawn Avenue

1367 E 53rd St

1367 E 53rd St

1367 E 53rd St

5451 S Cornell Ave

1367 E 53rd St

1367 E 53rd St

1367 E 53rd St

Hyde Park West
Chicago's Best Affordable Neighborhoods
Learn about Chicago and the best places to live with original content written by our Chicago, IL Local Expert Nicole Harms

Algonquin Apartments
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 | $1,407 | $669 | $5,055 |
Hyde Park 1 Bedroom Apartments | $2,392 | $1,103 | $8,505 |
Hyde Park 2 Bedroom Apartments | $2,952 | $1,599 | $10,000+ |
Hyde Park 3 Bedroom Apartments | $3,869 | $1,600 | $10,000+ |
Hyde Park 4 Bedroom Apartments | $5,229 | $3,000 | $10,000+ |
Hyde Park 5 Bedroom Apartments | $4,448 | $3,600 | $5,549 |
Explore Chicago
Hyde Park, Chicago, IL Local Guide
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Quick Rent Budget Calculator
How much rent can you afford?
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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 $1,090.
What is the price of a cheap apartment in Hyde Park?
The cheapest apartment in Hyde Park is 5445 Ingleside By 3L Living which is listed at $669, 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 $176 which is $3,769 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.

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.

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.