Cheap Homes for Rent in Riverdale, IL from $1,000 (10 Rentals)

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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

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

Best Value Apartments for Rent in Riverdale, IL

As of March 25, 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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Frequently Asked Questions about Riverdale

What type of rentals are currently available in Riverdale?

There are currently 351 Apartments for Rent in Riverdale, IL with pricing that ranges from $800 to $2,300. There are also 45 Single Family Homes for rent, Condos, and Townhome rentals currently available in Riverdale ranging from $1,000 to $3,200.

What is the current price range for Rental Homes in Riverdale?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Riverdale ranges from $1,000 to $3,200 with an average monthly rent of $1,875.

How much are larger Three and Four Bedroom Rentals in Riverdale?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Riverdale range from $1,440 to $1,625, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,500 to $2,500. Four Bedroom Single-Family rentals are also available starting from $1,400 and Four Bedroom Apartments start at $1,425.

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.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

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.