Cheap Apartments for Rent in Riverdale, IL from $600 (14 Rentals)

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Cheap Apartments in Riverdale.

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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

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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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 2 Beds unit found at 14122 S School St in the College District neighborhood priced from $1,085. Lakes Apartments in the North River neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,195. Here is today’s list of the most affordable Riverdale apartments for rent:

Apartment ListingModel NameBed/BathPriced From
14122 S School St2 Bedroom 1 Bath Apartment2BR,1BA$1,085
Lakes Apartments2 Bedroom Apartment2BR,1BA$1,195
14015 S Tracy Ave2 Bedroom 1 Bath Apartment2BR,1BA$1,240

Best Value Apartments for Rent in Riverdale, IL

As of May 04, 2025 the best value apartment in the Riverdale area is the $1.38 price per square foot 211 E 161st Pl Model at 211 E 161st Pl, Unit 1 in the in the College District neighborhood starting from $2,750. The second greatest value Riverdale apartment is the 13831 S Illinois St Model at 13831 S Illinois St, Unit 2 starting at $1,375 with a $0.81 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.
211 E 161st Pl, Unit 1211 E 161st Pl3BR,1BA$1.38
13831 S Illinois St, Unit 213831 S Illinois St2BR,1BA$0.81
13825 S Illinois St, Unit 113825 S Illinois St1BR,1BA$1.00
2346 122nd St, Unit Two West2346 122nd St1BR,1BA$0.75
13946 S State St, Unit Basement apartment13946 S State St2BR,1BA$1.40
1016 E 150th Pl, Unit 2E1016 E 150th Pl2BR,1BA$1.61
Lakes Apartments2 Bedroom Apartment2BR,1BA$1.41
14015 S Tracy Ave2 Bedroom 1 Bath Apartment2BR,1BA$1.64
14122 S School St2 Bedroom 1 Bath Apartment2BR,1BA$1.53
15423 Marshfield Ave, Unit 2S15423 Marshfield Ave1BR,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!

Explore Riverdale, IL Rentals by Map

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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

Riverdale, IL Area Reviews

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Regshenna1+ years in Riverdale

February 25, 2025

Good 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 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 14122 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 $1,265.

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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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.