Hyde Park renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in the purple and dark green areas.
Rental Price Key
On average, the cost of rent in Hyde Park is about $1,448 per month. This puts it in the 20th percentile compared to the city average cost of rent, which is $1,956. Households in Hyde Park have a median income of $4,077 per month so the average renter in Hyde Park is spending roughly 36% of their earnings on housing.
Nationally, and in Hyde Park, home values are the data point most closely correlated with the cost of rent. The median price of a home in Hyde Park is $605,728 right now, which is lower than neighborhoods nearby, meaning that rents in Hyde Park also tend to be lower versus these nearby neighborhoods.
Higher rent prices are common in the northwestern parts of Hyde Park while lower rent rates are often available in central areas.
Nearby Neighborhoods
- Morningside Park, Inglewood, CA: more expensive rent prices
- Leiment Park, Los Angeles, CA: more expensive rent prices
- South Los Angeles, Los Angeles, CA: less expensive rent prices
- Crenshaw, Los Angeles, CA: more expensive rent prices
- Ladera Heights, Los Angeles, CA: more expensive rent prices
- Jefferson Park, Los Angeles, CA: less expensive rent prices
- West Adams, Los Angeles, CA: more expensive rent prices
- Fox Hills, Culver City, CA: more expensive rent prices
- Westmont, Los Angeles, CA: less expensive rent prices
- Lennox, Los Angeles, CA: less expensive rent prices
Neighborhoods with Similar Populations
- Olney, Philadelphia, PA: less expensive rent prices
- M Streets, Dallas, TX: more expensive rent prices
- West Side, Newark, NJ: more expensive rent prices
- Wrigley, Long Beach, CA: less expensive rent prices
- Florence-Graham, Los Angeles, CA: less expensive rent prices
- Columbia Heights, Washington, DC: more expensive rent prices
- Berclair-Highland Heights, Memphis, TN: less expensive rent prices
- West Roxbury, Boston, MA: more expensive rent prices
- La Sierra, Riverside, CA: more expensive rent prices
- Pacific, Stockton, CA: less expensive rent prices
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