Cheap Apartments for Rent in the Riverdale Neighborhood of Chicago, IL from $600 (7 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
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117 Buiding
1 Bedroom Apartments

117 Buiding

117 W 144th StRiverdale, IL 60827
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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

Riverdale, Chicago, IL Local Guide

Cheapest Neighborhoods for Apartments in Riverdale, IL

Pricing Updated: 03/21/2025

Current apartment rentals in the Riverdale, IL area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Riverdale Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units

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 $880. 13905-37 S Clark St has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,050. 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$880
13905-37 S Clark St1 Bedroom 1 Bath Apartment1BR,1BA$1,050
14026 S School St2 Bedroom2BR,1BA$1,085

Best Value Apartments for Rent in Riverdale, IL

As of March 21, 2025 the best value apartment in the Riverdale area is the $1.41 price per square foot 1653 Harbor Ave Model at 1653 Harbor Ave, Unit 3E in the in the North River neighborhood starting from $1,200. The second greatest value Riverdale apartment is the 2 Bedroom Model at 14026 S School St starting at $1,085 with a $1.29 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.
1653 Harbor Ave, Unit 3E1653 Harbor Ave2BR,1BA$1.41
14026 S School St2 Bedroom2BR,1BA$1.29
Lakes Apartments2 Bedroom Townhouse2BR,1.5BA$1.56
1638 Downs Dr, Unit 2nd floor1638 Downs Dr1BR,1BA$1.25
14021 S Tracy Ave2 Bedroom 1 Bath Apartment2BR,1BA$1.45
13905-37 S Clark St1 Bedroom 1 Bath Apartment1BR,1BA$1.53
11111 S Vernon2 Bedroom 1 Bath Apartment2BR,1BA$1.88

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Frequently Asked Questions about Cheap Riverdale Apartments

How much is rent for a Cheap One Bedroom Riverdale Apartment?

The lowest price for a Cheap One Bedroom Riverdale Apartment is $880 at 11111 S Vernon.

What is the lowest price for a Cheap Two Bedroom Riverdale Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Riverdale is starting from $1,085 at 14026 S School St.

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 $1,440.

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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What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.