Cheap Apartments for Rent in Riverdale, IL from $600 (13 Rentals)

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117 Buiding
1 Bedroom Apartments

117 Buiding

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

14141 S School St

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

14124 S Atlantic Ave

14124 S Atlantic AveRiverdale, IL 60827
  • Utilities Included

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.

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12157 S Michigan Ave
1 Bedroom Apartments

12157 S Michigan Ave

12157 S Michigan AveChicago, IL 60628
Corporate Housing
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14547 Chicago Road
1 to 2 Bedroom Apartments

14547 Chicago Road

14547 Chicago RdDolton, IL 60419
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Baric Commons
1 to 2 Bedroom Apartments

Baric Commons

232 E 121st PlzChicago, IL 60628
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Smith Mobile Home Park
2 Bedroom Apartments

Smith Mobile Home Park

14115 Western AveBlue Island, IL 60406
  • Utilities Included

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.

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Islander Apartments
2 Bedroom Apartments

Islander Apartments

1900 Broadway StBlue Island, IL 60406
  • Utilities Included

Riverdale, IL Local Guide

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Written By:
Staff Writer
Local Guide Expert

Cheapest Available Riverdale Apartments for Rent

 
Apartment ListingModel NameBed/BathPriced From
15840 Marshfield Ave2 Beds, 1 bath2BR,1BA$1,000
Lakes Apartments2 Bedroom Apartment2BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
1016 E 150th Pl, Unit 2E1016 E 150th Pl2BR,1BA$1.61
Lakes Apartments2 Bedroom Apartment2BR,1BA$1.46
15840 Marshfield Ave1 Bed, 1 bath1BR,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!

Explore Riverdale, IL Rentals by Map

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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

Riverdale, IL Area Reviews

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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 $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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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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

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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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

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.

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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.