
Cheap Homes for Rent in Kenwood Neighborhood of Chicago, IL from $1,200 (12 Rentals)
Search the lowest-cost Homes available for rent right now in the Kenwood area of Chicago.


4410 S Drexel Blvd

5108 S Woodlawn Ave

1030 E Hyde Park Blvd

1030 E Hyde Park Blvd

1030 E Hyde Park Blvd
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4800 S Chicago Beach Dr

1143 E 50th St, Unit 3S

1360 E 52nd St

5055 S Dorchester Ave

1360 E 52nd St

4915 S Woodlawn Ave, Unit Coach House
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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 | $2,296 | $2,000 | $2,750 |
| Kenwood 3 Bedroom Homes for Rent | $2,800 | $2,000 | $4,000 |
| Kenwood 4 Bedroom Homes for Rent | $4,000 | $4,000 | $4,000 |
| Kenwood 5 Bedroom Homes for Rent | $4,225 | $3,950 | $4,500 |
| Kenwood 6 Bedroom Homes for Rent | $5,000 | $5,000 | $5,000 |
Browse Homes for Rent in this Neighborhood
There are currently 12 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 5120 S. Hyde Park Boulevard priced from $985. Hyde Park Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,000. Here are the most affordable Kenwood apartments for rent in Chicago, IL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 5120 S. Hyde Park Boulevard | 5120-0bA | Studio,1BA | $985 |
| Hyde Park Apartments | Studio Apartment | Studio,1BA | $1,000 |
| 4721 S. Ellis Avenue | ells0bC | Studio,1BA | $1,070 |
| Woodlawn Terrace | wdlw0bDr | Studio,1BA | $1,170 |
| 4700 Lake Park Apartments | Studio | Studio,1BA | $1,214 |
Best Value Apartments for Rent in Kenwood, IL
As of April 05, 2026 the best value apartment in the Kenwood area is the $2.32 price per square foot 5100-4bb Model at 5100 S. Ellis Avenue in the in the Hyde Park neighborhood starting from $4,095. The second greatest value Kenwood apartment is the 5034-3bA Model at 5034-5046 S. Woodlawn Avenue starting at $2,095 with a $2.07 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. |
|---|---|---|---|
| 5100 S. Ellis Avenue | 5100-4bb | 4BR,4BA | $2.32 |
| 5034-5046 S. Woodlawn Avenue | 5034-3bA | 3BR,1BA | $2.07 |
| Scholars Corner Apartments | 2 Bedrooms Floor Plan B1 | 2BR,1BA | $2.50 |
| Madison Park Apartments | 2 Bedrooms Floor Plan B2B | 2BR,2BA | $2.19 |
| 1030 E 47th | 2 Bedroom 1 Bath Apartment | 2BR,1BA | $2.29 |
| 5020 S Woodlawn Ave | 1 Bedroom | 1BR,1BA | $1.73 |
| 5049 S. Drexel Boulevard | 5049-1bc | 1BR,1BA | $2.21 |
| The Trilogy at Hyde Park | 1 bedroom | 1BR,1BA | $2.33 |
| 918 E. Hyde Park Boulevard | 918h1bA1 | 1BR,1BA | $2.51 |
| 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 252 Apartments for Rent in Kenwood, IL with pricing that ranges from $1,000 to $3,975. There are also 24 Single Family Homes for rent, Condos, and Townhome rentals currently available in Kenwood ranging from $1,200 to $5,000.
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 $1,200 to $5,000 with an average monthly rent of $3,359.
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.
Helpful Local Expert Guides

A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago
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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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With world-class museums lining its streets, Chicago is a place people go to learn. It’s not surprising, therefore, that it’s also home to multiple colleges and universities with national and global reputations.

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Whenever life takes me into the city, I’m always impressed with the sheer amount of industry and commerce that it holds. With all of that commerce comes a wide range of employment options.

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Articles, How-To's, and Tips

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Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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Renting your next home can feel thrilling and overwhelming at the same time.

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Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.