Cheap Apartments for Rent in Riverdale, IL from $600 (12 Rentals)

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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
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12157 S Michigan Ave
1 Bedroom Apartments

12157 S Michigan Ave

12157 S Michigan AveChicago, IL 60628
Corporate Housing
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14547 Chicago Road
1 to 2 Bedroom Apartments

14547 Chicago Road

14547 Chicago RdDolton, IL 60419
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Baric Commons
1 to 2 Bedroom Apartments

Baric Commons

232 E 121st PlzChicago, IL 60628

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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Smith Mobile Home Park
2 Bedroom Apartments

Smith Mobile Home Park

14115 Western AveBlue Island, IL 60406
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Islander Apartments
2 Bedroom Apartments

Islander Apartments

1900 Broadway StBlue Island, IL 60406
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Riverdale, IL Local Guide

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Staff Writer
Local Guide Expert

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 ListingModel NameBed/BathPriced From
13905-37 S Clark St1 Bedroom 1 Bath Apartment1BR,1BA$1,055
Lakes Apartments2 Bedroom Apartment2BR,1BA$1,165
14538 S Cottage Grove Ave2 Bedroom Apartment2BR,1BA$1,200
11214-18 S Indiana0BR/1.0BAStudio,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 ListingModel NameBed/BathPrice Per Sq.Ft.
1404 W 119th St, Unit 31404 W 119th St3BR,1BA$1.63
Lakes Apartments2 Bedroom Townhouse2BR,1.5BA$1.57
14538 S Cottage Grove Ave2 Bedroom Apartment2BR,1BA$1.62
13905-37 S Clark St1 Bedroom 1 Bath Apartment1BR,1BA$1.54
11214-18 S Indiana0BR/1.0BAStudio ,1BA$2.42

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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!

Explore Riverdale, IL Rentals by Map

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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

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.

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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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.

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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.