Cheap Apartments for Rent in Riverdale, IL from $600 (13 Rentals)
Search the lowest-cost Apartments available for rent right now in Riverdale.

Blue Station

Meadow View Apartments
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.

15840 Marshfield Ave
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
Riverdale, IL Local Guide

How much does it cost to rent an apartment in Riverdale?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Cheap Riverdale Studio Apartments | $800 | $800 | $800 |
Cheap Riverdale 1 Bedroom Apartments | $1,189 | $929 | $1,400 |
Cheap Riverdale 2 Bedroom Apartments | $1,312 | $1,000 | $1,575 |
Cheap Riverdale 3 Bedroom Apartments | $1,750 | $1,400 | $2,200 |
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Riverdale, IL Local Guide

- Riverdale Neighborhoods
- Nearby Cities
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Cheapest Available Riverdale Apartments for Rent
 Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
15840 Marshfield Ave | 2 Beds, 1 bath | 2BR,1BA | $1,000 |
Lakes Apartments | 2 Bedroom Apartment | 2BR,1BA | $1,235 |
Best Value Apartments for Rent in Riverdale, IL
As of June 27, 2025 the best value apartment in the Riverdale area is the $1.61 price per square foot 1016 E 150th Pl Model at 1016 E 150th Pl, Unit 2E in the in the College District neighborhood starting from $1,500. The second greatest value Riverdale apartment is the 2 Bedroom Apartment Model at Lakes Apartments starting at $1,235 with a $1.46 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. |
---|---|---|---|
1016 E 150th Pl, Unit 2E | 1016 E 150th Pl | 2BR,1BA | $1.61 |
Lakes Apartments | 2 Bedroom Apartment | 2BR,1BA | $1.46 |
15840 Marshfield Ave | 1 Bed, 1 bath | 1BR,1BA | $2.55 |
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Riverdale Overview
Riverdale is a small, quiet neighborhood located in the southernmost part of Chicago. This community-focused area is known for its popular rental market, walkable school district, and waterfront views along the Little Calumet River.áAs a close-knit community, Riverdale is full of families who have called this town home for generations. With a rich history of industrialization and some of the least-trafficked roads in Chicago, Riverdale stands out from other Chicago neighborhoods as a unique residential town. With nearly no single-family homes for sale in the area, the majority of Riverdale residents rentùmeaning that apartments in Riverdale are plentiful.á
Why live in Riverdale, IL?
Riverdale is a close-knit neighborhood that prides itself on the tight community that makes up this small town. Neighbors are more like family than acquaintances, and the location away from ChicagoÆs busy city center gives residents plenty of time to enjoy the simpler things like walkable neighborhoods and schools, as well as finding local employment opportunities that cut out a long daily commute.áRiverdale also has a unique housing market, with very few single-family homes for sale. Apartments in Riverdale are plentiful and inexpensive compared to other rentals in the Chicago area, ensuring you get the most out of your money.
Remember the 3 Rules of Real Estate:Location, Location, Location!
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Getting Around Riverdale, IL
Walk Score®
43 / 100
Car-Dependent
Most errands require a car
Bike Score®
40 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
2 / 100
Minimal Transit
It may be possible to get on a bus
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Riverdale, IL Area Reviews
Regshenna • 1+ years in Riverdale
February 25, 2025Good morning I am writing this review so others can see that it’s very nice living in riverdale. I raised my almost 20 year old daughter in riverdale now that I have 14-and 15 year old sons I would love to do the same but rent is just so expensive plus on top of that u have gas, food,lights and some want u to pay water bills as well wow like come on everyone do not have section 8 we have to pay cash I understand understand the cost of living has gone up but it’s like come on now.
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 $1,400 at 15840 Marshfield Ave.
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 $1,000 at 15840 Marshfield Ave.
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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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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
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A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.