Cheap Apartments for Rent in Riverdale, IL from $600 (14 Rentals)
Search the lowest-cost Apartments available for rent right now in Riverdale.

Blue Station

2346 122nd St, Unit Two West

Meadow View Apartments
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.

15423 Marshfield Ave, Unit 2S
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 | $1,029 | $900 | $1,200 |
Cheap Riverdale 2 Bedroom Apartments | $1,306 | $1,023 | $1,550 |
Cheap Riverdale 3 Bedroom Apartments | $1,798 | $1,475 | $2,750 |
Cheap Riverdale 4 Bedroom Apartments | $1,974 | $1,974 | $1,974 |
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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 2 Beds unit found at 14122 S School St in the College District neighborhood priced from $1,085. 11214-18 S Indiana in the South Chicago neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,100. Here is today’s list of the most affordable Riverdale apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
14122 S School St | 2 Bedroom 1 Bath Apartment | 2BR,1BA | $1,085 |
11214-18 S Indiana | 2BR/1.0BA | 2BR,1BA | $1,100 |
Lakes Apartments | 3 Bedroom Townhouse | 3BR,1BA | $1,480 |
Best Value Apartments for Rent in Riverdale, IL
As of April 24, 2025 the best value apartment in the Riverdale area is the $1.15 price per square foot 12537 S Marshfield Ave Model at 12537 S Marshfield Ave, Unit 1st in the in the South Chicago neighborhood starting from $1,600. The second greatest value Riverdale apartment is the 3 Bedroom Townhouse Model at Lakes Apartments starting at $1,480 with a $1.14 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. |
---|---|---|---|
12537 S Marshfield Ave, Unit 1st | 12537 S Marshfield Ave | 3BR,1BA | $1.15 |
Lakes Apartments | 3 Bedroom Townhouse | 3BR,1.5BA | $1.14 |
2346 122nd St, Unit Two West | 2346 122nd St | 1BR,1BA | $0.75 |
12537 S Marshfield Ave, Unit 1 | 12537 S Marshfield Ave | 3BR,1BA | $1.60 |
14101 S Atlantic Ave | 2 Bedroom 1 Bath Apartment | 2BR,1BA | $1.42 |
14015 S Tracy Ave | 2 Bedroom 1 Bath Apartment | 2BR,1BA | $1.61 |
14122 S School St | 2 Bedroom 1 Bath Apartment | 2BR,1BA | $1.53 |
11214-18 S Indiana | 2BR/1.0BA | 2BR,1BA | $1.57 |
15423 Marshfield Ave, Unit 2S | 15423 Marshfield Ave | 1BR,1BA | $1.58 |
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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!
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Getting Around Riverdale, IL
Walk Score®
42 / 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.
Riverdale, IL Area Reviews
Regshenna • 1+ years in Riverdale
February 25, 2025Good morning I am writing this review so others can see that it’s very nice living in riverdale. I raised my almost 20 year old daughter in riverdale now that I have 14-and 15 year old sons I would love to do the same but rent is just so expensive plus on top of that u have gas, food,lights and some want u to pay water bills as well wow like come on everyone do not have section 8 we have to pay cash I understand understand the cost of living has gone up but it’s like come on now.
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.

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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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