Cheap Apartments for Rent in the Kenwood Neighborhood of Chicago, IL from $700 (20 Rentals)

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

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Ohio Commons
1 to 3 Bedroom Apartments

Ohio Commons

5001 S Drexel BlvdChicago, IL 60615
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4915 S Drexel Apartments
Studio to 3 Bedroom Apartments

4915 S Drexel Apartments

4915 S Drexel BlvdChicago, IL 60615
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The Ella Apartments
Studio Apartments

The Ella Apartments

5111 S University AveChicago, IL 60615
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Ivy at Shelbyrne
Studio to 2 Bedroom Apartments

Ivy at Shelbyrne

5110 S Kenwood AveChicago, IL 60615

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Ivy at Carlson
Studio to 2 Bedroom Apartments

Ivy at Carlson

1401 E Hyde Park BlvdChicago, IL 60615
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Ivy at Fairfax
1 to 3 Bedroom Apartments

Ivy at Fairfax

1369 E Hyde Park BlvdChicago, IL 60615
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Ivy at Mason
1 to 2 Bedroom Apartments

Ivy at Mason

1215 E Hyde Park BlvdChicago, IL 60615
  • Utilities Included

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Ivy at Piccadilly
1 to 2 Bedroom Apartments

Ivy at Piccadilly

5107 S Blackstone AveChicago, IL 60615

Cheapest Available Kenwood Apartments for Rent

 

The cheapest available apartment rental in the Kenwood area of Chicago, IL is a Studio unit found at 5120 S. Hyde Park Boulevard priced from $975. 4901 S Drexel Blvd has the second lowest priced unit, which is a Studio apartment currently listed from $1,030. Here are the most affordable Kenwood apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
5120 S. Hyde Park Boulevard5120-0bAStudio,1BA$975
4901 S Drexel BlvdStudio ApartmentStudio,1BA$1,030
4721 S. Ellis Avenueells0bdStudio,1BA$1,050
Woodlawn Terracewdlw0bbrStudio,1BA$1,125
5020 S Woodlawn Ave1 Bedroom1BR,1BA$1,230

Best Value Apartments for Rent in Kenwood, IL

As of August 19, 2025 the best value apartment in the Kenwood area is the $1.87 price per square foot 3 bedroom Model at The Trilogy at Hyde Park in the in the Hyde Park neighborhood starting from $2,450. The second greatest value Kenwood apartment is the 2 Bedrooms Floor Plan B1 Model at Scholars Corner Apartments starting at $2,007 with a $2.29 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.
The Trilogy at Hyde Park3 bedroom3BR,2BA$1.87
Scholars Corner Apartments2 Bedrooms Floor Plan B12BR,1BA$2.29
5034-5046 S. Woodlawn Avenue5034smtr2BR,1BA$2.16
1101 E. Hyde Park Boulevard1101-1bb1BR,1BA$2.14
Twin Towers ApartmentsTwo Bedroom2BR,1BA$2.50
5020 S Woodlawn Ave1 Bedroom1BR,1BA$1.73
Regents Park0bs08Studio ,1BA$2.93
4611 South Drexel Blvd1BR/1.0BA1BR,1BA$2.99
4901 S Drexel BlvdStudio ApartmentStudio ,1BA$2.75
Woodlawn Terracewdlw0bbrStudio ,1BA$3.14

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 the Cheapest Studio apartment in Kenwood?

Currently the most affordable Cheap Studio Apartment in Kenwood is at 5120 S. Hyde Park Boulevard listed at $975.

How much is rent for a Cheap One Bedroom Kenwood Apartment?

The lowest price for a Cheap One Bedroom Kenwood Apartment is $1,230 at 5020 S Woodlawn Ave.

What is the lowest price for a Cheap Two Bedroom Kenwood Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Kenwood is starting from $1,641 at Madison Park Apartments.

What is the most affordable Kenwood Three Bedroom Apartment?

The best deal on a cheap Kenwood Three Bedroom Apartment rental is at The Trilogy at Hyde Park and starts from $2,450.

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.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.