Cheap Homes for Rent in Kenwood Neighborhood of Chicago, IL from $1,500 (10 Rentals)

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

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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property at 1143 E 50th St

1143 E 50th St

ChicagoIL60615

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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 ListingModel NameBed/BathPriced From
4721 S. Ellis Avenueells0bdStudio,1BA$1,025
Woodlawn Terracewdlw0bDrStudio,1BA$1,110
5120 S. Hyde Park Boulevard5120-0bCStudio,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 ListingModel NameBed/BathPrice Per Sq.Ft.
The Trilogy at Hyde Park3 bedroom3BR,2BA$1.87
Scholars Corner Apartments2 Bedrooms Floor Plan B12BR,1BA$2.33
5034-5046 S. Woodlawn Avenue5034smtr2BR,1BA$2.22
Drexel Terracedrxt2bD2BR,1BA$2.08
1101 E. Hyde Park Boulevard1101-1bb1BR,1BA$2.03
5049 S. Drexel Boulevard5049-1bc1BR,1BA$1.93
5020 S Woodlawn Ave1 Bedroom1BR,1BA$1.73
4611 South Drexel Blvd1BR/1.0BA1BR,1BA$2.99
4455 S. Greenwood Avenue4455-0bAStudio ,1BA$2.56
5120 S. Hyde Park Boulevard5120-0bCStudio ,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.

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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.

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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.