
Cheap Homes for Rent in Kenwood Neighborhood of Chicago, IL from $1,500 (6 Rentals)
Search the lowest-cost Homes available for rent right now in the Kenwood area of Chicago.


1020 E Hyde Park Blvd

1143 E 50th St
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1143 E 50th St

4165 S Ellis Ave

4800 S Chicago Beach Dr
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
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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 | $2,117 | $1,550 | $2,500 |
| Kenwood 3 Bedroom Homes for Rent | $2,837 | $1,750 | $4,000 |
| Kenwood 5 Bedroom Homes for Rent | $3,950 | $3,950 | $3,950 |
Browse Homes for Rent in this Neighborhood
There are currently 6 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. 4901 S Drexel Blvd Chicago, IL 60615 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 |
| 4901 S Drexel Blvd Chicago, IL 60615 | Studio Apartment | Studio,1BA | $1,000 |
| 4721 S. Ellis Avenue | ells0bC | Studio,1BA | $1,070 |
Best Value Apartments for Rent in Kenwood, IL
As of February 19, 2026 the best value apartment in the Kenwood area is the $1.82 price per square foot 5111k4ba Model at 5111 S. Kimbark Avenue in the in the Hyde Park neighborhood starting from $3,395. The second greatest value Kenwood apartment is the 1101-2bB Model at 1101 E. Hyde Park Boulevard starting at $2,150 with a $1.60 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. |
|---|---|---|---|
| 5111 S. Kimbark Avenue | 5111k4ba | 4BR,2BA | $1.82 |
| 1101 E. Hyde Park Boulevard | 1101-2bB | 2BR,1BA | $1.60 |
| Scholars Corner Apartments | 2 Bedrooms Floor Plan B1 | 2BR,1BA | $2.36 |
| 1030 E 47th | 2 Bedroom 1 Bath Apartment | 2BR,1BA | $2.41 |
| 5020 S Woodlawn Ave | 1 Bedroom | 1BR,1BA | $1.73 |
| The Trilogy at Hyde Park | 1 bedroom | 1BR,1BA | $2.40 |
| Madison Park Apartments | 2 Bedroom Floor Plan B3 | 2BR,1BA | $2.63 |
| 4611 South Drexel Blvd | 1BR/1.0BA | 1BR,1BA | $2.99 |
| Maple Court | mplc1bCr | 1BR,1BA | $3.17 |
| 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 253 Apartments for Rent in Kenwood, IL with pricing that ranges from $1,000 to $4,000. There are also 15 Single Family Homes for rent, Condos, and Townhome rentals currently available in Kenwood ranging from $1,550 to $4,000.
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 $1,550 to $4,000 with an average monthly rent of $2,763.
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
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.

Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago
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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.

Best Neighborhoods to Rent in Near Chicago's Top Employers
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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.

Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago
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From Lake Shore Drive to the O’Hare Airport, the city of Chicago is a study in diversity, resilience, and culture.
Articles, How-To's, and Tips

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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.