Hyde Park / Kenwood, IL
August 2026
60615,60637,60653
Long-term Rental Rates
Apartment
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,409 – $1,527 | -6.87% | -5.62% |
| 2-Bedroom | $1,669 – $1,845 | -2.52% | -2.30% |
| 3-Bedroom | $2,113 – $2,335 | 0.78% | 3.82% |
| 4-Bedroom | $2,548 – $2,845 | -1.88% | 5.62% |
Condo/Townhome
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,655 – $1,740 | 2.63% | 1.27% |
| 2-Bedroom | $1,917 – $2,043 | 2.92% | 4.68% |
| 3-Bedroom | $2,428 – $2,711 | 2.22% | 10.73% |
| 4-Bedroom | $2,794 – $3,009 | -2.58% | 4.30% |
Single-Family
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,694 – $1,806 | -5.90% | -4.23% |
| 2-Bedroom | $2,086 – $2,224 | 5.39% | 5.52% |
| 3-Bedroom | $2,396 – $2,658 | -0.21% | 3.29% |
| 4-Bedroom | $2,958 – $3,185 | 6.21% | 3.63% |
Within Hyde Park / Kenwood (60615, 60637, 60653), 4-bedroom apartments posted the fastest monthly rent growth, climbing 3.27% in June to reach a median of $2,460. This segment’s rent also increased 2.90% year-over-year, outpacing YoY gains in most other apartment categories for Hyde Park / Kenwood (60615, 60637, 60653).
Compared to apartments, 3-bedroom condos in Hyde Park / Kenwood (60615, 60637, 60653) commanded higher median rents at $2,548, a $379 premium over the $2,169 median for apartments. Condos also showed a 5.29% rise month-over-month and a 7.51% year-over-year increase, signaling stronger demand at the upper end.
After leading the market earlier this year, 4-bedroom single-family homes in Hyde Park / Kenwood (60615, 60637, 60653) declined 3.66% month-over-month to a June median rent of $2,743. Hyde Park / Kenwood (60615, 60637, 60653) rental trends show this segment also saw a 3.56% drop year-over-year, diverging from gains in multifamily categories.