
Cheap Homes for Rent in Kenwood Neighborhood of Chicago, IL from $1,600 (10 Rentals)
Search the lowest-cost Homes available for rent right now in the Kenwood area of Chicago.


1022 E Hyde Park Blvd, Unit 1S

1020 E Hyde Park Blvd, Unit unit b

1020 E Hyde Park Blvd, Unit B

4410 S Drexel Blvd, Unit 3
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

937 E Hyde Park Blvd, Unit 3, Unit 3

4800 S Chicago Beach Dr

1360 E 52nd St, Unit 60-1N

1360 E 52nd St, Unit N2

4940 S East End Ave
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.
Kenwood, Chicago, IL Local Guide

How much does it cost to rent a home in Kenwood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Kenwood 2 Bedroom Homes for Rent | $2,121 | $1,650 | $3,200 |
| Kenwood 3 Bedroom Homes for Rent | $2,550 | $1,950 | $3,600 |
| Kenwood 4 Bedroom Homes for Rent | $4,225 | $3,975 | $4,700 |
| Kenwood 5 Bedroom Homes for Rent | $4,300 | $4,300 | $4,300 |
| Kenwood 6 Bedroom Homes for Rent | $4,700 | $4,700 | $4,700 |
Browse Homes for Rent in this Neighborhood
There are currently 10 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 $1,040. Woodlawn Terrace has the second lowest priced unit, which is a Studio apartment currently listed from $1,195. Here are the most affordable Kenwood apartments for rent in Chicago, IL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 4721 S. Ellis Avenue | ells0bB | Studio,1BA | $1,040 |
| Woodlawn Terrace | wdtr0ba | Studio,1BA | $1,195 |
| 4455 S. Greenwood Avenue | 4455-0bA | Studio,1BA | $1,195 |
Best Value Apartments for Rent in Kenwood, IL
As of May 21, 2026 the best value apartment in the Kenwood area is the $3.34 price per square foot chp2b12 Model at City Hyde Park in the in the Hyde Park neighborhood starting from $3,350. The second greatest value Kenwood apartment is the 2 Bedrooms Floor Plan B1 Model at Scholars Corner Apartments starting at $2,187 with a $2.50 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. |
|---|---|---|---|
| City Hyde Park | chp2b12 | 2BR,1BA | $3.34 |
| Scholars Corner Apartments | 2 Bedrooms Floor Plan B1 | 2BR,1BA | $2.50 |
| 5020 S Woodlawn Ave | 1 Bedroom | 1BR,1BA | $1.73 |
| 1030 E 47th | 2 Bedroom 1 Bath Apartment | 2BR,1BA | $2.66 |
| The Sutherland | suth1bh | 1BR,1BA | $2.82 |
| Regents Park | 0bs08 | Studio ,1BA | $2.83 |
| 4901 S Drexel | 2 Bedroom 1 Bath Apartment | 2BR,1BA | $3.33 |
| Madison Park Apartments | 1 Bedroom Floor Plan A1 | 1BR,1BA | $2.40 |
| 4455 S. Greenwood Avenue | 4455-0bA | Studio ,1BA | $2.47 |
| 4700 Lake Park Apartments | Studio | Studio ,1BA | $2.53 |
Frequently Asked Questions about Kenwood
What type of rentals are currently available in Kenwood?
There are currently 250 Apartments for Rent in Kenwood, IL with pricing that ranges from $990 to $3,800. There are also 21 Single Family Homes for rent, Condos, and Townhome rentals currently available in Kenwood ranging from $1,650 to $4,700.
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 $1,650 to $4,700 with an average monthly rent of $3,357.
How much are larger Three and Four Bedroom Rentals in Kenwood?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Kenwood range from $2,782 to $3,800, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,950 to $3,600. Four Bedroom Single-Family rentals are also available starting from $3,975 and Four Bedroom Apartments start at $3,395.
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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