
Cheap Apartments for Rent in the Kenwood Neighborhood of Chicago, IL from $700 (22 Rentals)
Search the lowest-cost Apartments available for rent right now in the Kenwood area of Chicago.


4721 S. Ellis Avenue

Woodlawn Terrace

4901 S Drexel Blvd

4700 Lake Park Apartments

5020 S Woodlawn Ave

Madison Park Apartments

Twin Towers Apartments

5114-5118 South Kimbark Avenue Apartments
Kenwood, Chicago, IL Local Guide

How much does it cost to rent an apartment in Kenwood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Kenwood Studio Apartments | $1,481 | $980 | $2,056 |
| Kenwood 1 Bedroom Apartments | $1,891 | $1,230 | $3,876 |
| Kenwood 2 Bedroom Apartments | $2,299 | $1,790 | $4,986 |
| Kenwood 3 Bedroom Apartments | $3,074 | $2,000 | $4,000 |
Browse Apartments in this Neighborhood
There are currently 22 rentals with your search options within a 2 mile radius of the Kenwood Neighborhood of Chicago, IL.
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 4721 S. Ellis Avenue | ells0bd | Studio,1BA | $1,035 |
| Woodlawn Terrace | wdlw0bB | Studio,1BA | $1,095 |
| 4901 S Drexel Blvd | Studio Apartment | Studio,1BA | $1,145 |
| 5120 S. Hyde Park Boulevard | 5120-0bC | Studio,1BA | $1,199 |
| 5020 S Woodlawn Ave | 1 Bedroom | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 4611 S Ellis Ave | 3 Beds, 2 baths | 3BR,2BA | $2.50 |
| 5053 S. Ellis Avenue | 5053-3bC | 3BR,2BA | $1.67 |
| Scholars Corner Apartments | 2 Bedrooms Floor Plan B1 | 2BR,1BA | $2.20 |
| 5034-5046 S. Woodlawn Avenue | 5034-1bc | 1BR,1BA | $1.97 |
| 1101 E. Hyde Park Boulevard | 1101-1bb | 1BR,1BA | $2.28 |
| 5020 S Woodlawn Ave | 1 Bedroom | 1BR,1BA | $1.73 |
| Maple Court | mplc1bD | 1BR,1BA | $2.33 |
| The Trilogy at Hyde Park | 1 bedroom | 1BR,1BA | $2.34 |
| The Sutherland | suthm-1bD | 1BR,1BA | $2.85 |
| Twin Towers Apartments | Studio | Studio ,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
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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.

A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago
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How to Negotiate Your Apartment Lease and Save Money
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The Rental Move-In Inspection Checklist: A Guide for Renters
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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.












