Area Guide

University of Chicago Chicago, IL

UChicago’s stately campus forms the crown jewel of the Hyde Park neighborhood

Private Urban Walkable

Consistently recognized as one of the top universities in the nation, the University of Chicago enjoys a reputation for prestige and superior educational opportunities, and serves as a cultural and intellectual hub for one of America’s signature cities. In addition to the university’s tremendous academic and research capabilities, the campus is home to some of Chicago’s finest arts venues, including the Smart Museum of Art, the Renaissance Society, the Court Theatre, and the Oriental Institute Museum. The campus is surrounded on three sides by lush green spaces, with the stunning Washington Park and Jackson Park connected by the Midway Plaisance. Rail service connects the campus to the broader city, making it a breeze to explore the Windy City at your leisure. While Chicago’s lakefront is not known for cheap rent, the area near UChicago is full of surprisingly affordable apartments and condos, with those in the Hyde Park and Woodlawn neighborhoods providing the closest access to the university.

Rent Trends

As of June 2026, the average apartment rent in Chicago, IL is $1,646 for a studio, $2,047 for one bedroom, $2,587 for two bedrooms, and $3,092 for three bedrooms. Apartment rent in Chicago has increased by 3.5% in the past year.

  • Studio

  • 439 sq ft

    Average Sq Ft

  • $1,646/month

    Average Rent

  • 1 BR

  • 659 sq ft

    Average Sq Ft

  • $2,047/month

    Average Rent

  • 2 BR

  • 920 sq ft

    Average Sq Ft

  • $2,587/month

    Average Rent

  • 3 BR

  • 1,190 sq ft

    Average Sq Ft

  • $3,092/month

    Average Rent

Getting Around

Very Walkable

Walkability

80 / 100

Strong Public Transit

Transit

80 / 100

Moderately Drivable

Drivability

60 / 100

Very Bikeable

Bikeability

80 / 100

Daily Essentials

Supermarket Within a 10 Minute Walk

Groceries

80 / 100

Good Restaurant Variety Nearby

Restaurants

60 / 100

Good Café Variety Nearby

Cafes

60 / 100

Good Variety of Shops Nearby

Shopping

60 / 100

Recreation

Exceptional Amount of Park Space Nearby

Parks

100 / 100

Great Wellness Amenity Variety Nearby

Wellness

80 / 100

Local Vibe

Vibrant Atmosphere at Times

Vibrancy

40 / 100

Limited Nightlife Variety Nearby

Nightlife

30 / 100

Somewhat Noisy

Quiet Score

80 / 100

Schools

Mayer Elementary School

Public

Grades PK-8

702 Students

Hawthorne Elementary Scholastic Academy

Public

Grades K-8

642 Students

Audubon Elementary School

Public

Grades PK-8

605 Students

Alcott College Prep

Public

Grades PK-8

557 Students

Prescott Elementary School

Public

Grades K-8

462 Students

Mayer Elementary School

Public

Grades PK-8

702 Students

Hawthorne Elementary Scholastic Academy

Public

Grades K-8

642 Students

Audubon Elementary School

Public

Grades PK-8

605 Students

Alcott College Prep

Public

Grades PK-8

557 Students

Prescott Elementary School

Public

Grades K-8

462 Students

Von Steuben Metro Science High School

Public

Grades 9-12

1,669 Students

Northside College Preparatory High School

Public

Grades 9-12

1,059 Students

Hancock College Preparatory High School

Public

Grades 9-12

1,043 Students

Chicago High School For The Arts

Public

Grades 9-12

572 Students

Phoenix Military Academy High School

Public

Grades 9-12

366 Students

Points of Interest

Parks and Recreation

  • Midway Plaisance Park
  • Museum of Science and Industry
  • Washington Park
  • Jackson Park
  • South Shore Cultural Center

Airports

  • Chicago Midway International
  • Chicago O'Hare International

Top Apartments Near University of Chicago

Houses Near University of Chicago

Search Nearby Rentals

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.