About This Property
Hyde Park Apts comprises 73 low-income residential units in Chicago, Illinois, consisting of 7 studios, 50 one-bedroom, 14 two-bedroom, and 2 four-bedroom apartments. The property was placed in service in 2004 and utilizes 4% Low-Income Housing Tax Credits along with tax-exempt bond financing. The development serves as an affordable housing resource in Cook County.
Waitlist Information
Waitlist managed by Chicago Housing Authority
The website states that the Chicago Housing Authority offers affordable rental housing opportunities with open waitlists for Public Housing. Featured properties like William Jones Apartments and Elizabeth Davis Apartments are mentioned.
The general Housing Choice Voucher (Section 8) waiting list closed in 2008 and has not reopened, with more than 16,000 households remaining on it. Historically, this list opened periodically through a lottery.
Waitlist data provided by section8waitlist.org
Updated November 4, 2026
Property Details
Fair Market Rent - Cook County, IL
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $1,399 |
| 1 Bedroom | $1,507 |
| 2 Bedroom | $1,714 |
| 3 Bedroom | $2,182 |
| 4 Bedroom | $2,583 |
Income Limits - Cook County, IL
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $19,600
- Very Low (50%)
- $32,650
- Low (80%)
- $52,200
- Extremely Low (30%)
- $22,400
- Very Low (50%)
- $37,300
- Low (80%)
- $59,650
- Extremely Low (30%)
- $25,200
- Very Low (50%)
- $41,950
- Low (80%)
- $67,100
- Extremely Low (30%)
- $27,950
- Very Low (50%)
- $46,600
- Low (80%)
- $74,550
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $50,350
- Low (80%)
- $80,550
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $54,100
- Low (80%)
- $86,500
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $57,800
- Low (80%)
- $92,450
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $61,550
- Low (80%)
- $98,450
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $19,600 | $32,650 | $52,200 |
| 2 Persons | $22,400 | $37,300 | $59,650 |
| 3 Persons | $25,200 | $41,950 | $67,100 |
| 4 Persons | $27,950 | $46,600 | $74,550 |
| 5 Persons | $31,040 | $50,350 | $80,550 |
| 6 Persons | $35,580 | $54,100 | $86,500 |
| 7 Persons | $40,120 | $57,800 | $92,450 |
| 8 Persons | $44,660 | $61,550 | $98,450 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Chicago, IL?+
The Fair Market Rent (FMR) for Cook County, IL is: $1399 (Studio), $1507 (1BR), $1714 (2BR), $2182 (3BR), $2583 (4BR). Actual rent at subsidized properties like Hyde Park Apts is typically 30% of household income or less.
What size apartments are available at Hyde Park Apts?+
Hyde Park Apts offers the following unit types: 7 Studio, 50 One-Bedroom, 14 Two-Bedroom, 2 Four-Bedroom units, for a total of 73 units.
Is there a waitlist for Hyde Park Apts?+
Public Housing waitlist is currently Open. Section 8 (HCV) waitlist is currently Closed. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.
Who manages Hyde Park Apts?+
Hyde Park Apts is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Hyde Park Apts?+
Hyde Park Apts is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or visiting their website, or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.
What are the income limits for affordable housing in Cook County, IL?+
For a 4-person household in Cook County, IL, the income limits are: Extremely Low Income (30% AMI): $27,950, Very Low Income (50% AMI): $46,600, Low Income (80% AMI): $74,550. These limits are set by HUD and updated annually.
What is the price range for apartments in Chicago, IL?+
Based on Fair Market Rent for Cook County, the estimated price range is: 1-bedroom: $1507, 2-bedroom: $1714. Actual rent at Hyde Park Apts may be lower for income-eligible households.
Contact Information
Walk Score
Walker's Paradise
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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