4901 S Drexel Blvd Chicago, IL 60615
4901 S Drexel Blvd,
Chicago, IL 60615
$990 - $2,200
Studio - 2 Beds
The historic neighborhood of Kenwood is on the shore of Lake Michigan in Chicago’s South Side. The area was once a refuge for Chicago’s elite trying to escape the bustle of downtown. They built enormous homes on Lake Michigan’s shoreline that are now gorgeous, historic landmarks. Landmarks and architecture, historic streets, and a continuously growing commercial district defines this Chicago neighborhood. The Powhatan Apartments and the Chicago Beach Hotel (now Regents Park) are recognized by the National Register of Historic Places in Kenwood.
Kenwood offers parks and open green space, lake views, paved trails, great restaurants, public transportation, and nearby amenities. Houston Park, Kenwood Park, and many others are open to the public year-round. The Hyde Park Art Center is a community spot with major exhibitions showcasing local artists and must-see events throughout the year. Chicago’s 19-mile Lakefront Trail runs along the shore of Lake Michigan through Kenwood and is popular for running, biking, and skating. Once you find your apartment in Kenwood, treat yourself to a night out at Norman’s Bistro, a high end eatery and wine bar off of East 43rd Street.
As of March 2026, the average apartment rent in Kenwood is $1,379 for a studio, $1,666 for one bedroom, $1,967 for two bedrooms, and $2,364 for three bedrooms. Apartment rent in Kenwood has increased by 3.9% in the past year.
Studio
443 sq ft
Average Sq Ft
$1,379/month
Average Rent
1 BR
678 sq ft
Average Sq Ft
$1,666/month
Average Rent
2 BR
873 sq ft
Average Sq Ft
$1,967/month
Average Rent
3 BR
1,135 sq ft
Average Sq Ft
$2,364/month
Average Rent
Very Walkable
out of 100 WalkScore® Rating
If you enjoy walking, you’ll enjoy renting in this area! It’s a very walkable neighborhood.
Good Transit
out of 100 TransitScore® Rating
The area around this property has good transit with many nearby transportation options.
Very Bikeable
out of 100 BikeScore® Rating
This area is very bikeable. You’ll find a variety of bike paths and lanes.
Niche User
10 years and 1 months ago•Niche Review
The architecture of the homes are very beautiful. I enjoy being closet o downtown and the lake as well.
Niche User
10 years and 9 months ago•Niche Review
New businesses are opening and can be promising.
Niche User
11 years and 3 months ago•Niche Review
We have variety of restaurants that one can choose from. Delivery is also great in the area.
Niche User
11 years and 5 months ago•Niche Review
There are a lot of great restaurants and small shops that I am able to go to.
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† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.