
Cheap Homes for Rent in Kenwood Neighborhood of Chicago, IL from $1,700 (11 Rentals)
Search the lowest-cost Homes available for rent right now in the Kenwood area of Chicago.


1020 E Hyde Park Blvd

4545 S Drexel Blvd

1033 E 46th St
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.

4800 S Chicago Beach Dr, Unit 710N

1143 E 50th St

1143 E 50th St

4537 S Drexel Blvd

5000 S Cornell Ave
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.

1231 E 46th St
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 | $2,257 | $1,850 | $2,900 |
| Kenwood 3 Bedroom Homes for Rent | $2,800 | $1,750 | $4,000 |
| Kenwood 4 Bedroom Homes for Rent | $4,500 | $3,500 | $6,000 |
Browse Homes for Rent in this Neighborhood
There are currently 11 rentals with your search options within a 2 mile radius of the Kenwood Neighborhood of Chicago, IL.
Explore Chicago
Cheapest Available Kenwood Apartments for Rent
 The cheapest available apartment rental in the Kenwood area of Chicago, IL is a Studio unit found at 4901 S Drexel Blvd priced from $985. Woodlawn Terrace has the second lowest priced unit, which is a Studio apartment currently listed from $1,175. Here are the most affordable Kenwood apartments for rent in Chicago, IL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 4901 S Drexel Blvd | Studio Apartment | Studio,1BA | $985 |
| Woodlawn Terrace | wdlw0bDr | Studio,1BA | $1,175 |
| 5020 S Woodlawn Ave | 1 Bedroom | 1BR,1BA | $1,230 |
| 4455 S. Greenwood Avenue | 4455-0bA | Studio,1BA | $1,250 |
| Madison Park Apartments | 1 Bedroom Floor Plan A2 | 1BR,1BA | $1,337 |
Best Value Apartments for Rent in Kenwood, IL
As of November 14, 2025 the best value apartment in the Kenwood area is the $1.99 price per square foot 5111k4ba Model at 5111 S. Kimbark Avenue in the in the Hyde Park neighborhood starting from $3,575. The second greatest value Kenwood apartment is the 3 Beds, 2 baths Model at 4611 S Ellis Ave starting at $4,000 with a $2.50 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 5111 S. Kimbark Avenue | 5111k4ba | 4BR,2BA | $1.99 |
| 4611 S Ellis Ave | 3 Beds, 2 baths | 3BR,2BA | $2.50 |
| Scholars Corner Apartments | 2 Bedrooms Floor Plan B1 | 2BR,1BA | $2.18 |
| 1030 E 47th St | 2 Bedrooms 1 Bath | 2BR,1BA | $2.72 |
| 5034-5046 S. Woodlawn Avenue | 5034-1bc | 1BR,1BA | $1.97 |
| 1101 E. Hyde Park Boulevard | 1101-1bb | 1BR,1BA | $2.37 |
| 5020 S Woodlawn Ave | 1 Bedroom | 1BR,1BA | $1.73 |
| The Sutherland | suthm-1bF | 1BR,1BA | $2.82 |
| The Trilogy at Hyde Park | 1 bedroom | 1BR,1BA | $2.31 |
| 4455 S. Greenwood Avenue | 4455-0bA | Studio ,1BA | $2.66 |
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 $985 to $4,431. There are also 22 Single Family Homes for rent, Condos, and Townhome rentals currently available in Kenwood ranging from $1,700 to $6,000.
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 $1,700 to $6,000 with an average monthly rent of $2,851.
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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.
