
Cheap Apartments for Rent in the Riverdale Neighborhood of Chicago, IL from $600 (67 Rentals)
Search the lowest-cost Apartments available for rent right now in the Riverdale area of Chicago.


12157 S Michigan Ave

114 E 119th St, Unit Apartment 1

South Union

433-437 W 119th St

11327 S King Dr

12000 S Eggleston

11250 S Indiana

11932 S Stewart

13905 S Clark
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

13906 S Indiana Ave

13940 S Edbrooke Ave

14143 S Tracy Ave

14113 S Stewart

13826 S La Salle St

14336 Blackstone Ave

14040 S School Street

14120 S Tracy Ave

251 E 138th St

102 Luella Ave
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

14118 S Atlantic Ave

13844 S Atlantic Ave

1666 Harbor Ave

14401 S Normal Ave

1665 Patricia Pl

14113 S School St

455 W 144th St

1670 Patricia Pl

500 W 144th St

1669 Harbor Ave
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

14330 S Stewart Ave

1650 Harbor Ave

14032 S School St

85 Paxton Ave

407-409 W 144th St

13946 S Wabash Ave

13944 S Indiana Ave

14108 S Tracy Ave

14047 S School St

14112-14114 S Tracy Ave
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

1634 Harbor Ave

1689 Harbor Ave

14031 S School

14122 S School St

14127 S School St

14101 S Atlantic

14123 S Tracy

14110 S Atlantic Ave

14021 S Tracy

Whistler's Crossing
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
Riverdale, Chicago, IL Local Guide

How much does it cost to rent an apartment in Riverdale?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Riverdale 1 Bedroom Apartments | $1,170 | $850 | $1,425 |
| Riverdale 2 Bedroom Apartments | $1,299 | $1,095 | $1,500 |
| Riverdale 3 Bedroom Apartments | $1,704 | $1,455 | $2,200 |
Browse Apartments in this Neighborhood
There are currently 67 rentals with your search options within a 2 mile radius of the Riverdale Neighborhood of Chicago, IL.
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Riverdale, Chicago, IL Local Guide
- Nearby Chicago neighborhoods
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Cheapest Available Riverdale Apartments for Rent
 The cheapest available apartment rental in the Riverdale area of Chicago, IL is a 1 Bed unit found at 12013 S Eggleston Avenue priced from $845. 12157 S Michigan Ave has the second lowest priced unit, which is a 1 Bed apartment currently listed from $850. Here are the most affordable Riverdale apartments for rent in Chicago, IL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 12013 S Eggleston Avenue | 1 Bedroom |1 Bath | 1BR,1BA | $845 |
| 12157 S Michigan Ave | 1 Bedroom Studio | 1BR,1BA | $850 |
| 14020 S School | 1 Bedroom 1 Bath Apartment | 1BR,1BA | $945 |
| 14031 S School | 1 Bedroom 1 Bath Apartment | 1BR,1BA | $1,045 |
| 14036-50 Tracy Ave | RVDL1BR1 | 1BR,1BA | $1,200 |
| 14047 S Tracy Ave | 2BD/1BA | 2BR,1BA | $1,200 |
| 13905 S Clark | 1 Bedroom 1 Bath Apartment | 1BR,1BA | $1,210 |
| 14021 S Tracy | 2 Bedroom 1 Bath Apartment | 2BR,1BA | $1,225 |
Best Value Apartments for Rent in Riverdale, IL
As of July 11, 2026 the best value apartment in the Riverdale area is the $1.00 price per square foot 2BD/1BA Model at 14047 S Tracy Ave in the in the College District neighborhood starting from $1,200. The second greatest value Riverdale apartment is the 12021 S Eggleston Ave Model at 12021 S Eggleston Ave, Unit Modern 3bed/1.5bath Apartment starting at $2,200 with a $2.00 price per square foot in the South Chicago neighborhood. Here is today’s list of the best values for Riverdale apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 14047 S Tracy Ave | 2BD/1BA | 2BR,1BA | $1.00 |
| 12021 S Eggleston Ave, Unit Modern 3bed/1.5bath Apartment | 12021 S Eggleston Ave | 3BR,1.5BA | $2.00 |
| 12157 S Michigan Ave | 1 Bedroom Studio | 1BR,1BA | $1.00 |
| 14036-50 Tracy Ave | RVDL1BR1 | 1BR,1BA | $1.53 |
| 14021 S Tracy | 2 Bedroom 1 Bath Apartment | 2BR,1BA | $1.62 |
| 13905 S Clark | 1 Bedroom 1 Bath Apartment | 1BR,1BA | $1.77 |
| 14020 S School | 1 Bedroom 1 Bath Apartment | 1BR,1BA | $1.49 |
| 14031 S School | 1 Bedroom 1 Bath Apartment | 1BR,1BA | $1.69 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleBest Neighborhoods to Rent in Near Chicago's Top Employers: A Guide for Renters
A Local Expert's Guide to The 10 Best Chicago Neighborhoods near Major Local Employers. Find your perfect Chicago, IL apartment, condo, or rental home today at ApartmentHomeLiving.com
Read ArticleA Local Expert's Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago
A Local Expert's guide to the Best Student Friendly Neighborhoods Near Colleges in the Chicago, IL metro area for affordable living. Find your perfect Chicago Student apartment, condo, or rental home today at ApartmentHomeliving.com
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Pet Friendly LifestyleRiverdale, Chicago, IL
Ranked #129
Among cities in Illinois for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Frequently Asked Questions about Cheap Riverdale Apartments
How much is rent for a Cheap One Bedroom Riverdale Apartment?
The lowest price for a Cheap One Bedroom Riverdale Apartment is $845 at 12013 S Eggleston Avenue.
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 $1,200 at 14047 S Tracy Ave.
Expert Rental Resources
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.
Helpful Local Expert Guides

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.

Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago
Written by: Nicole Harms
With world-class museums lining its streets, Chicago is a place people go to learn. It’s not surprising, therefore, that it’s also home to multiple colleges and universities with national and global reputations.

Best Neighborhoods to Rent in Near Chicago's Top Employers
Written by: Nicole Harms
Whenever life takes me into the city, I’m always impressed with the sheer amount of industry and commerce that it holds. With all of that commerce comes a wide range of employment options.

Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago
Written by: Nicole Harms
From Lake Shore Drive to the O’Hare Airport, the city of Chicago is a study in diversity, resilience, and culture.
Articles, How-To's, and Tips

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Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.