Cheap Apartments for Rent in Riverdale, IL from $600 (12 Rentals)
Search the lowest-cost Apartments available for rent right now in Riverdale.

Blue Station

Meadow View Apartments
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, IL Local Guide

How much does it cost to rent an apartment in Riverdale?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Cheap Riverdale Studio Apartments | $800 | $800 | $800 |
Cheap Riverdale 1 Bedroom Apartments | $1,082 | $929 | $1,200 |
Cheap Riverdale 2 Bedroom Apartments | $1,281 | $1,023 | $1,550 |
Cheap Riverdale 3 Bedroom Apartments | $1,485 | $1,440 | $1,625 |
Browse Top Apartments in Riverdale
See all Apartments in RiverdaleExplore Riverdale
Riverdale, IL Local Guide

- Riverdale Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Riverdale Apartments for Rent
 The cheapest available apartment rental in Riverdale, IL is a 1 Bed unit found at 13905-37 S Clark St in the College District neighborhood priced from $1,055. Lakes Apartments in the North River neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,165. Here is today’s list of the most affordable Riverdale apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
13905-37 S Clark St | 1 Bedroom 1 Bath Apartment | 1BR,1BA | $1,055 |
Lakes Apartments | 2 Bedroom Apartment | 2BR,1BA | $1,165 |
14538 S Cottage Grove Ave | 2 Bedroom Apartment | 2BR,1BA | $1,200 |
11214-18 S Indiana | 0BR/1.0BA | Studio,1BA | $1,450 |
Best Value Apartments for Rent in Riverdale, IL
As of March 26, 2025 the best value apartment in the Riverdale area is the $1.63 price per square foot 1404 W 119th St Model at 1404 W 119th St, Unit 3 in the in the Morgan Park neighborhood starting from $1,625. The second greatest value Riverdale apartment is the 2 Bedroom Townhouse Model at Lakes Apartments starting at $1,310 with a $1.57 price per square foot in the North River neighborhood. Here is today’s list of the best values for Riverdale apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
1404 W 119th St, Unit 3 | 1404 W 119th St | 3BR,1BA | $1.63 |
Lakes Apartments | 2 Bedroom Townhouse | 2BR,1.5BA | $1.57 |
14538 S Cottage Grove Ave | 2 Bedroom Apartment | 2BR,1BA | $1.62 |
13905-37 S Clark St | 1 Bedroom 1 Bath Apartment | 1BR,1BA | $1.54 |
11214-18 S Indiana | 0BR/1.0BA | Studio ,1BA | $2.42 |
Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Riverdale Overview
Riverdale is a small, quiet neighborhood located in the southernmost part of Chicago. This community-focused area is known for its popular rental market, walkable school district, and waterfront views along the Little Calumet River.áAs a close-knit community, Riverdale is full of families who have called this town home for generations. With a rich history of industrialization and some of the least-trafficked roads in Chicago, Riverdale stands out from other Chicago neighborhoods as a unique residential town. With nearly no single-family homes for sale in the area, the majority of Riverdale residents rentùmeaning that apartments in Riverdale are plentiful.á
Why live in Riverdale, IL?
Riverdale is a close-knit neighborhood that prides itself on the tight community that makes up this small town. Neighbors are more like family than acquaintances, and the location away from ChicagoÆs busy city center gives residents plenty of time to enjoy the simpler things like walkable neighborhoods and schools, as well as finding local employment opportunities that cut out a long daily commute.áRiverdale also has a unique housing market, with very few single-family homes for sale. Apartments in Riverdale are plentiful and inexpensive compared to other rentals in the Chicago area, ensuring you get the most out of your money.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Riverdale, IL Rentals by Map
See the most popular apartments and homes in Riverdale, IL
Getting Around Riverdale, IL
Walk Score®
43 / 100
Car-Dependent
Most errands require a car
Bike Score®
40 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
2 / 100
Minimal Transit
It may be possible to get on a bus
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 $1,055 at 13905-37 S Clark St.
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 $1,165 at Lakes 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 $1,440.
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.

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.

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.

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.

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.