Cheap Homes for Rent in Richton Park, IL from $1,300 (11 Rentals)

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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.

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.

Richton Park, IL Local Guide

Cheapest Available Richton Park Apartments for Rent and Nearby

 

The cheapest available apartment rental in Richton Park, IL is a 1 Bed unit found at Carriage Creek Apartments in the Lincoln Station neighborhood priced from $1,195. Park Towers Apartments in the Lincoln Station neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,380. Here is today’s list of the most affordable Richton Park apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Carriage Creek Apartments1 Bed 1 Bath Garden A1BR,1BA$1,195
Park Towers Apartments1 Bed 1 Bath A1BR,1BA$1,380
Westbridge Apartments1 Bed 1 Bath B Renovated1BR,1BA$1,415
Oakwood Townhomes1 Bedroom 1 Bath Townhome Renovated1BR,1BA$1,475
Cedar Ridge Apartments2 Bed 1 Bath2BR,1BA$1,529

Best Value Apartments for Rent in Richton Park, IL and Nearby

As of June 13, 2026 the best value apartment in the Richton Park area is the $1.93 price per square foot 2 Bed 2 Bath A Remodel Model at Park Towers Apartments in the in the Lincoln Station neighborhood starting from $1,754. The second greatest value Richton Park apartment is the 2 Bed 1 Bath Model at Cedar Ridge Apartments starting at $1,529 with a $1.72 price per square foot in the Lincoln Station neighborhood. Here is today’s list of the best values for Richton Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Park Towers Apartments2 Bed 2 Bath A Remodel2BR,2BA$1.93
Cedar Ridge Apartments2 Bed 1 Bath2BR,1BA$1.72
Westbridge Apartments1 Bed 1 Bath B Renovated1BR,1BA$1.77
Matteson Blu2 Bedrooms, 1 Bathroom2BR,1BA$2.66
Oakwood Townhomes1 Bedroom 1 Bath Townhome Renovated1BR,1BA$2.09
Carriage Creek Apartments1 Bed 1 Bath Garden A1BR,1BA$1.92

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.

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Real 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.

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

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Frequently Asked Questions about Richton Park

What type of rentals are currently available in Richton Park?

There are currently 46 Apartments for Rent in Richton Park, IL with pricing that ranges from $1,195 to $18,580. There are also 44 Single Family Homes for rent, Condos, and Townhome rentals currently available in Richton Park ranging from $1,300 to $4,500.

What is the current price range for Rental Homes in Richton Park?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Richton Park ranges from $1,300 to $4,500 with an average monthly rent of $2,387.

How much are larger Three and Four Bedroom Rentals in Richton Park?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Richton Park range from $1,925 to $2,430, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,550 to $2,900. Four Bedroom Single-Family rentals are also available starting from $1,900 and Four Bedroom Apartments start at $10,000.

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.

Articles, How-To's, and Tips

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

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.

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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.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.