
Cheap Homes for Rent in Riverwoods, IL from $1,500 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Riverwoods.


1149 Deerfield Rd, Unit B

1177 Russellwood Ct

1327 Wye Ct

1000 S Milwaukee Ave
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.

350 Plum Creek Dr, Unit 408

590 Le Parc Cir

15 Parkway N

1321 Wye Ct

642 Gray 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 | $2,361 | $1,975 | $2,750 |
Riverwoods 3 Bedroom Homes for Rent | $3,145 | $2,000 | $4,395 |
Riverwoods 4 Bedroom Homes for Rent | $5,433 | $4,000 | $6,800 |
Riverwoods 5 Bedroom Homes for Rent | $4,797 | $3,995 | $5,600 |
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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 $1,532. 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 $1,675. Here is today’s list of the most affordable Riverwoods apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Foxboro Apartments | Easton | 1BR,1BA | $1,532 |
The Green at Chevy Chase | Doral | 1BR,1BA | $1,675 |
Hunt Club Apartments | Oak (1Bed U-R) | 1BR,1BA | $1,750 |
Best Value Apartments for Rent in Riverwoods, IL and Nearby
As of April 18, 2025 the best value apartment in the Riverwoods area is the $2.55 price per square foot Two-Bed/Den Model at 444 Social in the in the McHenry Road neighborhood starting from $3,700. The second greatest value Riverwoods apartment is the C7D Model at AMLI Deerfield starting at $3,912 with a $2.87 price per square foot in the Briergate Station 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. |
---|---|---|---|
444 Social | Two-Bed/Den | 2BR,2BA | $2.55 |
AMLI Deerfield | C7D | 2BR,2BA | $2.87 |
The Wheatlands | Lorraine Plus | 2BR,2BA | $2.28 |
One Wheeling Town Center | 1B1BA+D-1M | 1BR,1BA | $2.64 |
Foxboro Apartments | Fairfield | 2BR,1.25BA | $2.38 |
Windbrooke Crossing | Willow | 1BR,1BA | $2.66 |
Woodview Apartments | C1 | 1BR,1BA | $2.76 |
Uptown 500 | The Adler (S2) | Studio ,1BA | $2.63 |
Hunt Club Apartments | Oak (1Bed G-R) | 1BR,1BA | $2.50 |
The Green at Chevy Chase | Doral | 1BR,1BA | $2.79 |
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Frequently Asked Questions about Riverwoods
What type of rentals are currently available in Riverwoods?
There are currently 83 Apartments for Rent in Riverwoods, IL with pricing that ranges from $1,649 to $6,863. There are also 43 Single Family Homes for rent, Condos, and Townhome rentals currently available in Riverwoods ranging from $1,550 to $6,800.
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 $1,550 to $6,800 with an average monthly rent of $3,500.
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
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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.

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.

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.

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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.