Cheap Homes for Rent in Kenwood Neighborhood of Chicago, IL from $1,100 (6 Rentals)

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

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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 $1,025. 4901 S Drexel Blvd 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 Avenueells0bdStudio,1BA$1,025
4901 S Drexel BlvdStudio ApartmentStudio,1BA$1,150
Woodlawn Terracewdlw0bDrStudio,1BA$1,165

Best Value Apartments for Rent in Kenwood, IL

As of September 20, 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 4455-2bA Model at 4455 S. Greenwood Avenue starting at $1,695 with a $1.55 price per square foot in the Armour Square 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
4455 S. Greenwood Avenue4455-2bA2BR,1BA$1.55
Scholars Corner Apartments2 Bedrooms Floor Plan B12BR,1BA$2.22
5034-5046 S. Woodlawn Avenue5034-1bc1BR,1BA$2.01
5020 S Woodlawn Ave1 Bedroom1BR,1BA$1.73
5049 S. Drexel Boulevard5049-1bc1BR,1BA$2.19
Twin Towers ApartmentsOne Bedroom1BR,1BA$2.53
The Sutherlandsuthm-1bH1BR,1BA$2.84
Maple Courtmplc1bD1BR,1BA$2.30
5026 S Blackstone Ave, Unit 1015026 S Blackstone Ave1BR,1BA$2.72

Frequently Asked Questions about Kenwood

What type of rentals are currently available in Kenwood?

There are currently 253 Apartments for Rent in Kenwood, IL with pricing that ranges from $1,150 to $7,002. There are also 27 Single Family Homes for rent, Condos, and Townhome rentals currently available in Kenwood ranging from $1,195 to $4,200.

What is the current price range for Rental Homes in Kenwood?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Kenwood ranges from $1,195 to $4,200 with an average monthly rent of $2,745.

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.

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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.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.