Cheap Apartments for Rent in the Riverdale Neighborhood of Chicago, IL from $600 (9 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Riverdale area of Chicago.

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12157 S Michigan Ave
1 Bedroom Apartments

12157 S Michigan Ave

12157 S Michigan AveChicago, IL 60628
Corporate Housing
  • Utilities Included
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Baric Commons
1 to 2 Bedroom Apartments

Baric Commons

232 E 121st PlzChicago, IL 60628
property at 86 Luella Ave

86 Luella Ave

Calumet CityIL60409

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

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117 Buiding
1 Bedroom Apartments

117 Buiding

117 W 144th StRiverdale, IL 60827
  • Utilities Included
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14141 S School St
2 Bedroom Apartments

14141 S School St

14141 S School StRiverdale, IL 60827
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14124 S Atlantic Ave
2 Bedroom Apartments

14124 S Atlantic Ave

14124 S Atlantic AveRiverdale, IL 60827
  • Utilities Included

Chicago's Best Affordable Neighborhoods

Learn about Chicago and the best places to live with original content written by our Chicago, IL Local Expert Nicole Harms

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14122 S School St
2 Bedroom Apartments

14122 S School St

14122 S School StRiverdale, IL 60827
  • Utilities Included

Riverdale, Chicago, IL Local Guide

Cheapest Available Riverdale Apartments for Rent

 

The cheapest available apartment rental in the Riverdale area of Chicago, IL is a 1 Bed unit found at 11111 S Vernon priced from $940. 14101 S Atlantic Ave has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,120. Here are the most affordable Riverdale apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
11111 S Vernon1 Bedroom 1 Bath Apartment1BR,1BA$940
14101 S Atlantic Ave2 Bedroom 1 Bath Apartment2BR,1BA$1,120
Lakes Apartments3 Bedroom Townhouse3BR,1BA$1,480

Best Value Apartments for Rent in Riverdale, IL

As of April 22, 2025 the best value apartment in the Riverdale area is the $1.14 price per square foot 3 Bedroom Townhouse Model at Lakes Apartments in the in the North River neighborhood starting from $1,480. The second greatest value Riverdale apartment is the 2 Bedroom 1 Bath Apartment Model at 14101 S Atlantic Ave starting at $1,120 with a $1.42 price per square foot in the College District neighborhood. Here is today’s list of the best values for Riverdale apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Lakes Apartments3 Bedroom Townhouse3BR,1.5BA$1.14
14101 S Atlantic Ave2 Bedroom 1 Bath Apartment2BR,1BA$1.42
14015 S Tracy Ave2 Bedroom 1 Bath Apartment2BR,1BA$1.61
14122 S School St2 Bedroom 1 Bath Apartment2BR,1BA$1.53
11111 S Vernon1 Bedroom 1 Bath Apartment1BR,1BA$1.50

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Frequently Asked Questions about Cheap Riverdale Apartments

What is the most affordable Riverdale Three Bedroom Apartment?

The best deal on a cheap Riverdale Three Bedroom Apartment rental is at Lakes Apartments and starts from $1,480.

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.

decorative image for A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago article

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.

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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.