Cheap Apartments for Rent in Riverdale, IL from $600 (15 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in Riverdale.

close
View Me
117 Buiding
1 Bedroom Apartments

117 Buiding

117 W 144th StRiverdale, IL 60827
  • Utilities Included
close
View Me
14141 S School St
2 Bedroom Apartments

14141 S School St

14141 S School StRiverdale, IL 60827
close
View Me
14124 S Atlantic Ave
2 Bedroom Apartments

14124 S Atlantic Ave

14124 S Atlantic AveRiverdale, IL 60827
  • Utilities Included
close
View Me
14026 S School St
Studio to 3 Bedroom Apartments

14026 S School St

14026 S School StRiverdale, IL 60827
  • Utilities Included
close
View Me
12157 S Michigan Ave
1 Bedroom Apartments

12157 S Michigan Ave

12157 S Michigan AveChicago, IL 60628
Student Housing
  • Utilities Included
close
View Me
14547 Chicago Road
Studio to 2 Bedroom Apartments

14547 Chicago Road

14547 Chicago RdDolton, IL 60419
  • Utilities Included
close
View Me
Baric Commons
1 to 3 Bedroom Apartments

Baric Commons

232 E 121st PlzChicago, IL 60628
close
View Me
Smith Mobile Home Park
1 to 3 Bedroom Apartments

Smith Mobile Home Park

14115 Western AveBlue Island, IL 60406
  • Utilities Included
close
View Me
Islander Apartments
2 Bedroom Apartments

Islander Apartments

1900 Broadway StBlue Island, IL 60406
  • Utilities Included

Riverdale, IL Local Guide

Photo of Staff Writer  - Local Guide Expert
Written By:
Staff Writer
Local Guide Expert

Cheapest Available Riverdale Apartments for Rent

 

The cheapest available apartment rental in Riverdale, IL is a 1 Bed unit found at Meadow View Apartments in the South Chicago neighborhood priced from $979. 15840 Marshfield Ave in the College District neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,000. Here is today’s list of the most affordable Riverdale apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Meadow View Apartments1 Bedroom large1BR,1BA$979
15840 Marshfield Ave2 Beds, 1 bath2BR,1BA$1,000
11214-18 S Indiana0BR/1.0BAStudio,1BA$1,050
136 E 155th ST3 Bedroom 1 Bath Apartment3BR,1BA$1,065
13905-37 S Clark St1 Bedroom 1 Bath Apartment1BR,1BA$1,160

Best Value Apartments for Rent in Riverdale, IL

As of November 12, 2025 the best value apartment in the Riverdale area is the $1.15 price per square foot 15433 Myrtle Ave Model at 15433 Myrtle Ave, Unit Duplex on Myrtle in the in the College District neighborhood starting from $1,500. The second greatest value Riverdale apartment is the 2501 Grove St Model at 2501 Grove St, Unit #1 starting at $1,950 with a $1.63 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 ListingModel NameBed/BathPrice Per Sq.Ft.
15433 Myrtle Ave, Unit Duplex on Myrtle15433 Myrtle Ave2BR,1.5BA$1.15
2501 Grove St, Unit #12501 Grove St2BR,1BA$1.63
1408 W 119th St, Unit #11408 W 119th St2BR,1BA$1.23
1016 E 150th Pl, Unit 2W1016 E 150th Pl2BR,1BA$1.61
14141 S School St, Unit 1B14141 S School St2BR,1BA$1.59
14526 Cottage Grove Ave, Unit 2 W14526 Cottage Grove Ave2BR,1BA$1.65
Lakes Apartments2 Bedroom Townhouse2BR,1.5BA$1.66
136 E 155th ST3 Bedroom 1 Bath Apartment3BR,1BA$1.36
14021 S Tracy Ave2 Bedroom 1 Bath Apartment2BR,1BA$1.65
15840 Marshfield Ave2 Beds, 1 bath2BR,1BA$1.33

Quick 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.

decorative image of people with a giant lease agreement

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!

Explore Riverdale, IL Rentals by Map

View Map
Riverdale, IL Apartments Map
View Map
Riverdale, IL Rental Homes Map

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

Riverdale, IL Area Reviews

  • Parks
  • Entertainment
  • Local Vibes
  • Restaurants
  • Location
  • Traffic
  • Public Transportation
  • Outdoor Access
  • Cost of Living
  • Safety

Regshenna1+ years in Riverdale

February 25, 2025

Good 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 $979 at Meadow View Apartments.

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.

What is the most affordable Riverdale Three Bedroom Apartment?

The best deal on a cheap Riverdale Three Bedroom Apartment rental is at 136 E 155th ST and starts from $1,065.

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.

decorative image for A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago article

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.