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from $925Studio to 2 Bedroom Apartments Available Now
4901 S Drexel Blvd
4901 S Drexel BlvdChicago, IL 60615
Cheap Apartments for Rent in the Kenwood Neighborhood of Chicago, IL from $700 (26 Rentals)
Search the lowest-cost Apartments available for rent right now in the Kenwood area of Chicago.
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from $1,095Studio to 2 Bedroom Apartments Available Now
Woodlawn Terrace
4726-4740 S Woodlawn AveChicago, IL 60615
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from $1,099Studio to 3 Bedroom Apartments Available Now
4721 S. Ellis Avenue
4721-4729 S Ellis AveChicago, IL 60615
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from $1,214Studio to 3 Bedroom Apartments Contact Us For Availability
4700 Lake Park Apartments
4700 S Lake Park AveChicago, IL 60615
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from $1,2301 Bedroom Apartments Available Now
5020 S Woodlawn Ave
5020-5030 S Woodlawn AveChicago, IL 60615
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from $1,305Studio to 2 Bedroom Apartments Available Now
The Sutherland
4659 S Drexel BlvdChicago, IL 60653
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
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Rent Specials
from $1,3261 to 2 Bedroom Apartments Available Now
Madison Park Apartments
1380 E Hyde Park BlvdChicago, IL 60615
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from $1,350Studio to 2 Bedroom Apartments Available Now
Algonquin Apartments
1606 E Hyde Park BlvdChicago, IL 60615
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from $1,450Studio to 3 Bedroom Apartments Available Now
Twin Towers Apartments
1649 E 50th StChicago, IL 60615
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The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
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Studio to 1 Bedroom Apartments
5114-5118 South Kimbark Avenue Apartments
5114-5118 S Kimbark AveChicago, IL 60615
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Studio to 2 Bedroom Apartments
4455 S. Greenwood Avenue
4451-59-4459 S Greenwood AveChicago, IL 60653
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Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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Showing Results 1-26, Page 1 of 1
Kenwood, Chicago, IL Local Guide
Copyright CoStar Group, Inc
How much does it cost to rent an apartment in Kenwood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Kenwood Studio Apartments | $1,526 | $925 | $2,308 |
| Kenwood 1 Bedroom Apartments | $1,934 | $1,230 | $2,830 |
| Kenwood 2 Bedroom Apartments | $2,380 | $1,470 | $4,715 |
| Kenwood 3 Bedroom Apartments | $3,392 | $1,750 | $4,775 |
| Kenwood 4 Bedroom Apartments | $3,898 | $3,595 | $4,000 |
Browse Apartments in this Neighborhood
There are currently 26 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 4901 S Drexel Blvd priced from $925. 5120 S. Hyde Park Boulevard has the second lowest priced unit, which is a Studio apartment currently listed from $935. Here are the most affordable Kenwood apartments for rent in Chicago, IL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 4901 S Drexel Blvd | Studio Apartment | Studio,1BA | $925 |
| 5120 S. Hyde Park Boulevard | 5120-0bA | Studio,1BA | $935 |
| Woodlawn Terrace | wdlw0bB | Studio,1BA | $1,095 |
| 4721 S. Ellis Avenue | ells0bC | Studio,1BA | $1,099 |
| 4455 S. Greenwood Avenue | 4455-0bA | Studio,1BA | $1,195 |
| 5020 S Woodlawn Ave | 1 Bedroom | 1BR,1BA | $1,230 |
| The Sutherland | suthm-0bA | Studio,1BA | $1,305 |
| Drexel Terrace | drxt1bc | 1BR,1BA | $1,330 |
| Algonquin Apartments | algn0b02 | Studio,1BA | $1,350 |
| Maple Court | mplc1bBr | 1BR,1BA | $1,445 |
Best Value Apartments for Rent in Kenwood, IL
As of June 22, 2025 the best value apartment in the Kenwood area is the $1.93 price per square foot 5111k4ba Model at 5111 S. Kimbark Avenue in the in the Hyde Park neighborhood starting from $3,595. The second greatest value Kenwood apartment is the 4918 Ellis S Ave Model at 4918 Ellis S Ave, Unit Ellis duplex starting at $2,850 with a $1.54 price per square foot in the Kenwood 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. |
|---|---|---|---|
| 5111 S. Kimbark Avenue | 5111k4ba | 4BR,2BA | $1.93 |
| 4918 Ellis S Ave, Unit Ellis duplex | 4918 Ellis S Ave | 3BR,2BA | $1.54 |
| 5100 S. Ellis Avenue | 5100-4bb | 4BR,4BA | $2.09 |
| 925 East 46th Street | 925ea2b3 | 2BR,1BA | $1.69 |
| 1101 E. Hyde Park Boulevard | 1101-1bD | 1BR,1BA | $1.76 |
| Scholars Corner Apartments | 2 Bedrooms Floor Plan B1 | 2BR,1BA | $2.28 |
| 5053 S. Ellis Avenue | 5053-2bB | 2BR,1BA | $1.94 |
| 5034-5046 S. Woodlawn Avenue | 5034-1bD | 1BR,1BA | $2.00 |
| 5049 S. Drexel Boulevard | 5049-1bc | 1BR,1BA | $1.93 |
| 5020 S Woodlawn Ave | 1 Bedroom | 1BR,1BA | $1.73 |
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 $1,445.
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 $4,500.
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 7 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 $149 which is $4,351 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
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.
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.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.