
Cheap Homes for Rent in Kenwood Neighborhood of Chicago, IL from $1,500 (10 Rentals)
Search the lowest-cost Homes available for rent right now in the Kenwood area of Chicago.


1028 E Hyde Park Blvd
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.

1020 E Hyde Park Blvd

4800 S Chicago Beach Dr

1143 E 50th St

1143 E 50th St

5055 S Dorchester Ave

4226 S Ellis Ave

926 E 43rd St
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.
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 | $2,377 | $1,550 | $3,275 |
Kenwood 3 Bedroom Homes for Rent | $2,930 | $1,750 | $3,600 |
Kenwood 4 Bedroom Homes for Rent | $4,670 | $3,650 | $7,500 |
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 $1,025. Woodlawn Terrace has the second lowest priced unit, which is a Studio apartment currently listed from $1,110. Here are the most affordable Kenwood apartments for rent in Chicago, IL:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
4721 S. Ellis Avenue | ells0bd | Studio,1BA | $1,025 |
Woodlawn Terrace | wdlw0bDr | Studio,1BA | $1,110 |
5120 S. Hyde Park Boulevard | 5120-0bC | Studio,1BA | $1,185 |
Best Value Apartments for Rent in Kenwood, IL
As of July 30, 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 2 Bedrooms Floor Plan B1 Model at Scholars Corner Apartments starting at $2,036 with a $2.33 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. |
---|---|---|---|
The Trilogy at Hyde Park | 3 bedroom | 3BR,2BA | $1.87 |
Scholars Corner Apartments | 2 Bedrooms Floor Plan B1 | 2BR,1BA | $2.33 |
5034-5046 S. Woodlawn Avenue | 5034smtr | 2BR,1BA | $2.22 |
Drexel Terrace | drxt2bD | 2BR,1BA | $2.08 |
1101 E. Hyde Park Boulevard | 1101-1bb | 1BR,1BA | $2.03 |
5049 S. Drexel Boulevard | 5049-1bc | 1BR,1BA | $1.93 |
5020 S Woodlawn Ave | 1 Bedroom | 1BR,1BA | $1.73 |
4611 South Drexel Blvd | 1BR/1.0BA | 1BR,1BA | $2.99 |
4455 S. Greenwood Avenue | 4455-0bA | Studio ,1BA | $2.56 |
5120 S. Hyde Park Boulevard | 5120-0bC | Studio ,1BA | $2.94 |
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 $966 to $5,500. There are also 23 Single Family Homes for rent, Condos, and Townhome rentals currently available in Kenwood ranging from $1,550 to $7,500.
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 $1,550 to $7,500 with an average monthly rent of $3,031.
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.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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.