Cheap Apartments for Rent in the Kenwood Neighborhood of Chicago, IL from $700 (22 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in the Kenwood area of Chicago.

close
View Me
Ohio Commons
1 to 4 Bedroom Apartments

Ohio Commons

5001 S Drexel BlvdChicago, IL 60615
  • Utilities Included
close
View Me
4915 S Drexel Apartments
Studio to 4 Bedroom Apartments

4915 S Drexel Apartments

4915 S Drexel BlvdChicago, IL 60615
  • Utilities Included
close
View Me
The Ella Apartments
Studio Apartments

The Ella Apartments

5111 S University AveChicago, IL 60615
  • Utilities Included
close
View Me
Ivy at Shelbyrne
Studio to 2 Bedroom Apartments

Ivy at Shelbyrne

5110 S Kenwood AveChicago, IL 60615
close
View Me
Ivy at Fairfax
Studio to 3 Bedroom Apartments

Ivy at Fairfax

1369 E Hyde Park BlvdChicago, IL 60615
close
View Me
Ivy at Carlson
Studio to 2 Bedroom Apartments

Ivy at Carlson

1401 E Hyde Park BlvdChicago, IL 60615
close
View Me
Ivy at Mason
Studio to 2 Bedroom Apartments

Ivy at Mason

1215 E Hyde Park BlvdChicago, IL 60615
  • Utilities Included
close
View Me
Ivy at Piccadilly
Studio to 3 Bedroom Apartments

Ivy at Piccadilly

5107 S Blackstone AveChicago, IL 60615
close
View Me
Maple Court
Studio to 2 Bedroom Apartments

Maple Court

1120-1126 E 47th StChicago, IL 60653

Cheapest Available Kenwood Apartments for Rent

 

The cheapest available apartment rental in the Kenwood area of Chicago, IL is a Studio unit found at 4721 S. Ellis Avenue priced from $1,035. Woodlawn Terrace has the second lowest priced unit, which is a Studio apartment currently listed from $1,095. Here are the most affordable Kenwood apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
4721 S. Ellis Avenueells0bdStudio,1BA$1,035
Woodlawn Terracewdlw0bBStudio,1BA$1,095
4901 S Drexel BlvdStudio ApartmentStudio,1BA$1,145
5120 S. Hyde Park Boulevard5120-0bCStudio,1BA$1,199
5020 S Woodlawn Ave1 Bedroom1BR,1BA$1,230

Best Value Apartments for Rent in Kenwood, IL

As of October 27, 2025 the best value apartment in the Kenwood area is the $2.50 price per square foot 3 Beds, 2 baths Model at 4611 S Ellis Ave in the in the Armour Square neighborhood starting from $4,000. The second greatest value Kenwood apartment is the 5053-3bC Model at 5053 S. Ellis Avenue starting at $2,480 with a $1.67 price per square foot in the Hyde Park neighborhood. Here is today’s list of the best values for Kenwood apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
4611 S Ellis Ave3 Beds, 2 baths3BR,2BA$2.50
5053 S. Ellis Avenue5053-3bC3BR,2BA$1.67
Scholars Corner Apartments2 Bedrooms Floor Plan B12BR,1BA$2.20
5034-5046 S. Woodlawn Avenue5034-1bc1BR,1BA$1.97
1101 E. Hyde Park Boulevard1101-1bb1BR,1BA$2.28
5020 S Woodlawn Ave1 Bedroom1BR,1BA$1.73
Maple Courtmplc1bD1BR,1BA$2.33
The Trilogy at Hyde Park1 bedroom1BR,1BA$2.34
The Sutherlandsuthm-1bD1BR,1BA$2.85
Twin Towers ApartmentsStudioStudio ,1BA$2.83

Getting Around the Kenwood Neighborhood in Chicago, IL

Walk Score®

80 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

84 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

62 / 100

Good Transit

Many nearby public transportation options

Frequently Asked Questions about Cheap Kenwood Apartments

What is a cheap apartment in Kenwood?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Kenwood is under $1,585.

What is the price of a cheap apartment in Kenwood?

The cheapest apartment in Kenwood is 5020 S Woodlawn Ave which is listed at $1,230, while the average apartment in Kenwood costs $3,060.

What types of apartments are the cheapest in Kenwood?

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 9 regular apartments in Kenwood 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 Kenwood?

Cheap apartments in Kenwood have an average cost of $214 which is $2,846 cheaper than the average rent for all rentals in Kenwood.

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.

decorative image for A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago article

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.