
Cheap Homes for Rent in Riverwoods, IL from $1,400 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Riverwoods.


1149 Deerfield Rd, Unit B

406 Inland Dr, Unit 3A

631 Hapsfield Ln

1557 Quaker Ln

440 Green Bay Rd

696 Elm Pl

15 Parkway N

1321 Wye Ct
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

How much does it cost to rent a home in Riverwoods?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Riverwoods 2 Bedroom Homes for Rent | $2,402 | $1,450 | $2,950 |
Riverwoods 3 Bedroom Homes for Rent | $3,403 | $2,400 | $4,800 |
Riverwoods 4 Bedroom Homes for Rent | $4,229 | $3,150 | $5,500 |
Riverwoods 5 Bedroom Homes for Rent | $8,000 | $8,000 | $8,000 |
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Riverwoods, IL Local Guide
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Cheapest Available Riverwoods Apartments for Rent and Nearby
 The cheapest available apartment rental in Riverwoods, IL is a 1 Bed unit found at Foxboro Apartments in the Dundee Road neighborhood priced from $1,618. The Green at Chevy Chase in the McHenry Road neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,650. Here is today’s list of the most affordable Riverwoods apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Foxboro Apartments | Astor | 1BR,1BA | $1,618 |
The Green at Chevy Chase | Medinah | 1BR,1BA | $1,650 |
Hunt Club Apartments | Oak (1Bed U-R) | 1BR,1BA | $1,750 |
Best Value Apartments for Rent in Riverwoods, IL and Nearby
As of March 23, 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 $2,390. The second greatest value Riverwoods apartment is the Chevy Chase Plus Model at The Green at Chevy Chase starting at $2,390 with a $2.41 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
The Wheatlands | Lorraine Plus | 2BR,2BA | $2.28 |
The Green at Chevy Chase | Chevy Chase Plus | 2BR,2BA | $2.41 |
One Wheeling Town Center | 1B1BA+D-1M | 1BR,1BA | $2.64 |
Northgate Crossing of Wheeling | Georgian | 1BR,1BA | $2.61 |
Windbrooke Crossing | Willow | 1BR,1BA | $2.70 |
Woodview Apartments | C1 | 1BR,1BA | $2.76 |
444 Social | One-Bedroom | 1BR,1BA | $2.81 |
Foxboro Apartments | Easton | 1BR,1BA | $2.36 |
Hunt Club Apartments | Oak (1Bed G-R) | 1BR,1BA | $2.50 |
Uptown 500 | The Loop (S1) | Studio ,1BA | $2.95 |
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Frequently Asked Questions about Riverwoods
What type of rentals are currently available in Riverwoods?
There are currently 84 Apartments for Rent in Riverwoods, IL with pricing that ranges from $1,425 to $6,559. There are also 49 Single Family Homes for rent, Condos, and Townhome rentals currently available in Riverwoods ranging from $1,450 to $8,000.
What is the current price range for Rental Homes in Riverwoods?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Riverwoods ranges from $1,450 to $8,000 with an average monthly rent of $3,979.
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.

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.

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.

What to Know About Fees and Fines When Renting
Written by: Trey Huguley
When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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.