
Cheap Apartments for Rent in Riverdale, IL from $600 (75 Rentals)
Search the lowest-cost Apartments available for rent right now in Riverdale.


14047 S Tracy Ave

13700 S Eggleston Ave

117 Buiding

14141 S School St

Tracy Court Apartments

14124 S Atlantic Ave

14026 S School St

14122 S School St Riverdale, IL 60827

14031 S School St Riverdale, IL 60827
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.

14127 S School St

14138 S School St

14101 S Atlantic

14133 S School

14020 S School

14110 S Atlantic Ave

14123-14125 S Tracy Ave

14021 S Tracy

Whistler's Crossing

14015 S Tracy
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.

13256 S Prairie

10 W 137th St

Blue Station

12157 S Michigan Ave

Meadow View Apartments

355 W 120th St

Total Monthly Price
2346 122nd St, Unit Two Front, Unit Two Front

203 W 154th St

12026 S Union Ave, Unit 12026 S Union Ave

351 W 120th St
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.

Lakes

16 E 118th Pl

153 E 119th St, Unit 1

12151 S Western Ave

642 W 123rd St

14605 Des Plaines St, Unit 1E

2204 W 123rd St

14500 Cottage Grove Ave

14629 Hoyne Ave, Unit 14629 Hoyne Ave Dixmoor

Total Monthly Price
2724 Union St, Unit #1, Unit #1
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.

2724 Union St, Unit Unit 1

251 W 115th St

14802 Cooper Ave

13426 Old Western Ave

14802 Cooper Ave

15815 W Lexington Ave

14547 Chicago Road

Baric Commons

12013 S Eggleston Avenue

12000 S Eggleston Ave
Best Places to Live Near Chicago: 5 Cities That Keep the Windy City Accessible
Looking for a rental near Chicago? These five cities offer excellent options! From small-town charm to excellent business options, you can't go wrong!
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 | $1,126 | $850 | $1,400 |
| Cheap Riverdale 2 Bedroom Apartments | $1,299 | $1,073 | $1,700 |
| Cheap Riverdale 3 Bedroom Apartments | $1,700 | $1,400 | $2,200 |
Browse Top Apartments in Riverdale
See all Apartments in RiverdaleExplore Riverdale
Riverdale, IL Local Guide

- Riverdale Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Riverdale Apartments for Rent
 The cheapest available apartment rental in Riverdale, IL is a 1 Bed unit found at 12157 S Michigan Ave in the South Chicago neighborhood priced from $850. 12013 S Eggleston Avenue in the South Chicago neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $900. Here is today’s list of the most affordable Riverdale apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 12157 S Michigan Ave | 1 Bedroom Studio | 1BR,1BA | $850 |
| 12013 S Eggleston Avenue | 1 Bedroom |1 Bath | 1BR,1BA | $900 |
| 11214-18 S Indiana | 0BR/1.0BA | Studio,1BA | $975 |
| 11932 S Stewart | 1 Bedroom 1 Bath Apartment | 1BR,1BA | $995 |
| 304 East 147th | 1 Bedroom 1 Bath Apartment | 1BR,1BA | $1,055 |
| Meadow View Apartments | 2 Bedroom small | 2BR,1BA | $1,073 |
| 14101 S Atlantic | 2 Bedroom 1 Bath Apartment | 2BR,1BA | $1,140 |
| 14133 S School | 2 Bedroom 1 Bath Apartment | 2BR,1BA | $1,160 |
| 13905 S Clark | 1 Bedroom 1 Bath Apartment | 1BR,1BA | $1,185 |
| 14538 S Cottage Grove | 2 Bedroom 1 Bath Apartment | 2BR,1BA | $1,190 |
Best Value Apartments for Rent in Riverdale, IL
As of May 23, 2026 the best value apartment in the Riverdale area is the $1.25 price per square foot 12954 Maple Ave Model at 12954 Maple Ave, Unit 2 in the in the South Chicago neighborhood starting from $1,750. The second greatest value Riverdale apartment is the 2BD/1BA Model at 14047 S Tracy Ave starting at $1,200 with a $1.00 price per square foot in the College District 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. |
|---|---|---|---|
| 12954 Maple Ave, Unit 2 | 12954 Maple Ave | 3BR,1BA | $1.25 |
| 14047 S Tracy Ave | 2BD/1BA | 2BR,1BA | $1.00 |
| 14133 S School | 2 Bedroom 1 Bath Apartment | 2BR,1BA | $1.27 |
| 12157 S Michigan Ave | 1 Bedroom Studio | 1BR,1BA | $1.00 |
| 14101 S Atlantic | 2 Bedroom 1 Bath Apartment | 2BR,1BA | $1.44 |
| 14021 S Tracy | 2 Bedroom 1 Bath Apartment | 2BR,1BA | $1.62 |
| 14015 S Tracy | 2 Bedroom 1 Bath Apartment | 2BR,1BA | $1.70 |
| 14538 S Cottage Grove | 2 Bedroom 1 Bath Apartment | 2BR,1BA | $1.61 |
| 13905 S Clark | 1 Bedroom 1 Bath Apartment | 1BR,1BA | $1.73 |
| 11932 S Stewart | 1 Bedroom 1 Bath Apartment | 1BR,1BA | $1.79 |
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.
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
See the most popular apartments and homes in Riverdale, IL
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 $850 at 12157 S Michigan 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 $1,073 at Meadow View Apartments.
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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Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
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This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.