Cheap Homes for Rent in Kenwood Neighborhood of Chicago, IL from $1,600 (10 Rentals)

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

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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 $1,040. Woodlawn Terrace has the second lowest priced unit, which is a Studio apartment currently listed from $1,195. Here are the most affordable Kenwood apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
4721 S. Ellis Avenueells0bBStudio,1BA$1,040
Woodlawn Terracewdtr0baStudio,1BA$1,195
4455 S. Greenwood Avenue4455-0bAStudio,1BA$1,195

Best Value Apartments for Rent in Kenwood, IL

As of May 21, 2026 the best value apartment in the Kenwood area is the $3.34 price per square foot chp2b12 Model at City Hyde Park in the in the Hyde Park neighborhood starting from $3,350. The second greatest value Kenwood apartment is the 2 Bedrooms Floor Plan B1 Model at Scholars Corner Apartments starting at $2,187 with a $2.50 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.
City Hyde Parkchp2b122BR,1BA$3.34
Scholars Corner Apartments2 Bedrooms Floor Plan B12BR,1BA$2.50
5020 S Woodlawn Ave1 Bedroom1BR,1BA$1.73
1030 E 47th2 Bedroom 1 Bath Apartment2BR,1BA$2.66
The Sutherlandsuth1bh1BR,1BA$2.82
Regents Park0bs08Studio ,1BA$2.83
4901 S Drexel2 Bedroom 1 Bath Apartment2BR,1BA$3.33
Madison Park Apartments1 Bedroom Floor Plan A11BR,1BA$2.40
4455 S. Greenwood Avenue4455-0bAStudio ,1BA$2.47
4700 Lake Park ApartmentsStudioStudio ,1BA$2.53

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 $990 to $3,800. There are also 21 Single Family Homes for rent, Condos, and Townhome rentals currently available in Kenwood ranging from $1,650 to $4,700.

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 $1,650 to $4,700 with an average monthly rent of $3,357.

How much are larger Three and Four Bedroom Rentals in Kenwood?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Kenwood range from $2,782 to $3,800, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,950 to $3,600. Four Bedroom Single-Family rentals are also available starting from $3,975 and Four Bedroom Apartments start at $3,395.

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

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Articles, How-To's, and Tips

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This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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