Cheap Apartments for Rent in Riverwoods, IL from $800 (15 Rentals)

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Cheap Apartments in Riverwoods.

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.

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55-77 E Strong St
1 Bedroom Apartments

55-77 E Strong St

55-77 E Strong StWheeling, IL 60090
  • Utilities Included
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Rivertrail Apartments
1 to 2 Bedroom Apartments

Rivertrail Apartments

515-519 S Milwaukee AveWheeling, IL 60090
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Wheeling Manor
2 Bedroom Apartments

Wheeling Manor

305 9th StWheeling, IL 60090
  • Utilities Included

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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Pinetree Apartments
1 to 2 Bedroom Apartments

Pinetree Apartments

933-951 Waukegan RdDeerfield, IL 60015
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Park Meadows
1 to 2 Bedroom Apartments

Park Meadows

62 S Wolf RdWheeling, IL 60090
  • Utilities Included

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

Riverwoods, IL Local Guide

Cheapest Available Riverwoods Apartments for Rent and Nearby

 

The cheapest available apartment rental in Riverwoods, IL is a 2 Beds unit found at Union Apartments in the McHenry Road neighborhood priced from $1,522. Foxboro Apartments in the Dundee Road neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,683. Here is today’s list of the most affordable Riverwoods apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Union Apartments2 Bedroom2BR,1BA$1,522
Foxboro ApartmentsAstor1BR,1BA$1,683
The Green at Chevy ChaseMedinah1BR,1BA$1,725
Hunt Club ApartmentsOak (1Bed U-R)1BR,1BA$1,750
Uptown 500The Adler (S2)Studio,1BA$1,884

Best Value Apartments for Rent in Riverwoods, IL and Nearby

As of May 04, 2025 the best value apartment in the Riverwoods area is the $2.28 price per square foot Lorraine Plus Model at The Wheatlands in the in the McHenry Road neighborhood starting from $2,395. The second greatest value Riverwoods apartment is the Chevy Chase Plus Model at The Green at Chevy Chase starting at $2,455 with a $2.48 price per square foot in the McHenry Road neighborhood. Here is today’s list of the best values for Riverwoods apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The WheatlandsLorraine Plus2BR,2BA$2.28
The Green at Chevy ChaseChevy Chase Plus2BR,2BA$2.48
One Wheeling Town Center1B1BA+D-1M1BR,1BA$2.64
Union Apartments2 Bedroom2BR,1BA$1.69
444 SocialLoftStudio ,1BA$2.62
Uptown 500The 312 (A1)1BR,1BA$2.62
Hunt Club ApartmentsOak (1Bed G-R)1BR,1BA$2.50
Foxboro ApartmentsEaston1BR,1BA$2.45
Northgate Crossing of WheelingArlington1BR,1BA$2.94
Woodview ApartmentsB21BR,1BA$3.22

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Riverwoods, IL Rentals by Map

View MapRiverwoods, IL Apartments MapView MapRiverwoods, IL Rental Homes Map

Getting Around Riverwoods, IL

Walk Score®

31 / 100

Car-Dependent

Most errands require a car

Bike Score®

50 / 100

Bikeable

Some bike infrastructure

Transit Score®

2 / 100

Minimal Transit

It may be possible to get on a bus

Frequently Asked Questions about Cheap Riverwoods Apartments

What is the Cheapest Studio apartment in Riverwoods?

Currently the most affordable Cheap Studio Apartment in Riverwoods is at Uptown 500 listed at $1,884.

How much is rent for a Cheap One Bedroom Riverwoods Apartment?

The lowest price for a Cheap One Bedroom Riverwoods Apartment is $1,683 at Foxboro Apartments.

What is the lowest price for a Cheap Two Bedroom Riverwoods Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Riverwoods is starting from $1,522 at Union Apartments.

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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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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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

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.