
Cheap Homes for Rent in Kenwood Neighborhood of Chicago, IL from $1,200 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the Kenwood area of Chicago.


5020 S Blackstone Ave
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.

1360 E 52nd St

5018 S Blackstone Ave
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

5018 S Blackstone Ave
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 | $2,214 | $1,842 | $2,500 |
Kenwood 3 Bedroom Homes for Rent | $2,850 | $2,850 | $2,850 |
Kenwood 4 Bedroom Homes for Rent | $4,865 | $3,295 | $8,000 |
Kenwood 5 Bedroom Homes for Rent | $4,400 | $4,400 | $4,400 |
Browse Homes for Rent in this Neighborhood
There are currently 5 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 $900. 5120 S. Hyde Park Boulevard has the second lowest priced unit, which is a Studio apartment currently listed from $935. 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 | $900 |
5120 S. Hyde Park Boulevard | 5120-0bA | Studio,1BA | $935 |
Scholars Corner Apartments | Studio Floor Plan S1 | Studio,1BA | $936 |
Best Value Apartments for Rent in Kenwood, IL
As of June 03, 2025 the best value apartment in the Kenwood area is the $1.54 price per square foot 4918 Ellis S Ave Model at 4918 Ellis S Ave, Unit Ellis duplex in the in the Kenwood neighborhood starting from $2,850. The second greatest value Kenwood apartment is the 5100-4bb Model at 5100 S. Ellis Avenue starting at $3,850 with a $2.12 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. |
---|---|---|---|
4918 Ellis S Ave, Unit Ellis duplex | 4918 Ellis S Ave | 3BR,2BA | $1.54 |
5100 S. Ellis Avenue | 5100-4bb | 4BR,4BA | $2.12 |
The Trilogy at Hyde Park | 3 bedroom | 3BR,2BA | $1.82 |
5049 S. Drexel Boulevard | 5049-1bD | 1BR,1BA | $1.56 |
Scholars Corner Apartments | 2 Bedrooms Floor Plan B1 | 2BR,1BA | $2.32 |
5034-5046 S. Woodlawn Avenue | 5034-2bA | 2BR,1BA | $2.10 |
Madison Park Apartments | 2 Bedrooms Floor Plan B2A | 2BR,2BA | $2.34 |
5020 S Woodlawn Ave | 1 Bedroom | 1BR,1BA | $1.73 |
1101 E. Hyde Park Boulevard | 1101-1bc | 1BR,1BA | $2.33 |
4901 S Drexel Blvd | Studio Apartment | Studio ,1BA | $2.25 |
Frequently Asked Questions about Kenwood
What type of rentals are currently available in Kenwood?
There are currently 258 Apartments for Rent in Kenwood, IL with pricing that ranges from $699 to $11,687. There are also 17 Single Family Homes for rent, Condos, and Townhome rentals currently available in Kenwood ranging from $1,200 to $8,000.
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 $1,200 to $8,000 with an average monthly rent of $2,890.
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 $2,075 to $11,687, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,850 to $2,850. Four Bedroom Single-Family rentals are also available starting from $3,295 and Four Bedroom Apartments start at $1,255.
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.

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.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.