Cheap Apartments for Rent in the Kenwood Neighborhood of Chicago, IL from $700 (43 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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property at 4800 S Chicago Beach Dr

$1,850

Total Monthly Price

Total Monthly Price

Base Rent
$1,850
Total Monthly Price
$1,850

1 Bedroom, 1 Bath Condo for Rent

Available Sep 1

4800 S Chicago Beach Dr, Unit 1605

4800 S Chicago Beach Dr
ChicagoIL60615
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Ohio Commons
1 to 4 Bedroom Apartments

Ohio Commons

5001 S Drexel BlvdChicago, IL 60615
  • Utilities Included

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4915 S Drexel Apartments
Studio to 4 Bedroom Apartments

4915 S Drexel Apartments

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

The Ella Apartments

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

Ivy at Shelbyrne

5110 S Kenwood AveChicago, IL 60615
Student Housing
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Ivy at Fairfax
Studio to 3 Bedroom Apartments

Ivy at Fairfax

1369 E Hyde Park BlvdChicago, 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 Mason
Studio to 2 Bedroom Apartments

Ivy at Mason

1215 E Hyde Park BlvdChicago, IL 60615
  • Utilities Included

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Ivy at Piccadilly
Studio to 3 Bedroom Apartments

Ivy at Piccadilly

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

Maple Court

1120-1126 E 47th StChicago, IL 60653
Corporate Housing
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The Trilogy at Hyde Park
1 to 3 Bedroom Apartments

The Trilogy at Hyde Park

1310-1316 E Hyde Park BlvdChicago, IL 60615
Corporate Housing

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5055 S Dorchester Ave
Studio to 3 Bedroom Apartments

5055 S Dorchester Ave

5055 S Dorchester AveChicago, IL 60615
  • Utilities Included
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Drexel Terrace
1 to 3 Bedroom Apartments

Drexel Terrace

5043-5045 S Drexel AveChicago, IL 60615
Corporate Housing
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1030 E 47th
2 Bedroom Apartments

1030 E 47th

1030 E 47th StChicago, IL 60653
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4611 S Drexel Blvd
1 to 2 Bedroom Apartments

4611 S Drexel Blvd

4611 S Drexel BlvdChicago, IL 60653

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Showing Results 1-43, Page 1 of 1

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 $1,040. Woodlawn Terrace has the second lowest priced unit, which is a Studio apartment currently listed from $1,150. Here are the most affordable Kenwood apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
4721 S. Ellis Avenue4721-0baStudio,1BA$1,040
Woodlawn Terracewdtr0bdStudio,1BA$1,150
4700 Lake Park ApartmentsStudioStudio,1BA$1,214
5020 S Woodlawn Ave1 Bedroom1BR,1BA$1,230
City Hyde Parkchp1b05a1BR,1BA$1,367
The Sutherlandsuth0bbStudio,1BA$1,425
Maple Courtmpc-1bb1BR,1BA$1,425
Algonquin Apartmentsalgn0b01Studio,1BA$1,450
The Trilogy at Hyde Park1 bedroom1BR,1BA$1,484
5049 S. Drexel Boulevard5049-1bc1BR,1BA$1,490

Best Value Apartments for Rent in Kenwood, IL

As of August 20, 2026 the best value apartment in the Kenwood area is the $2.04 price per square foot 5111k4ba Model at 5111 S. Kimbark Avenue in the in the Hyde Park neighborhood starting from $3,800. The second greatest value Kenwood apartment is the 5053-3bC Model at 5053 S. Ellis Avenue starting at $2,530 with a $1.70 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.
5111 S. Kimbark Avenue5111k4ba4BR,2BA$2.04
5053 S. Ellis Avenue5053-3bC3BR,2BA$1.70
925 East 46th Street925-3bb3BR,2BA$1.42
5034-5046 S. Woodlawn Avenue5034-2bC2BR,1BA$1.72
Scholars Corner Apartments2 Bedrooms Floor Plan B12BR,1BA$2.50
1101 E. Hyde Park Boulevard1101-1bb1BR,1BA$2.35
5020 S Woodlawn Ave1 Bedroom1BR,1BA$1.73
5049 S. Drexel Boulevard5049-1bc1BR,1BA$2.26
The Trilogy at Hyde Park1 bedroom1BR,1BA$2.40
4700 Lake Park ApartmentsStudioStudio ,1BA$2.53

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 $1,490.

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 $2,143.

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 11 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 $207 which is $1,936 cheaper than the average rent for all rentals in Kenwood.

Expert Rental Resources

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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