Cheap Homes for Rent in Riverdale, IL from $1,000 (20 Rentals)

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

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.

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.

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.

Riverdale, IL Local Guide

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
13905-37 S Clark St1 Bedroom 1 Bath Apartment1BR,1BA$1,180
Lakes Apartments2 Bedroom Apartment2BR,1BA$1,200

Best Value Apartments for Rent in Riverdale, IL

As of September 19, 2025 the best value apartment in the Riverdale area is the $1.01 price per square foot 12537 S Marshfield Ave Model at 12537 S Marshfield Ave, Unit 1st Floor in the in the South Chicago neighborhood starting from $1,400. The second greatest value Riverdale apartment is the 250 W 119th St Model at 250 W 119th St, Unit 250 W 119th Street 1st Fl starting at $1,700 with a $1.70 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.
12537 S Marshfield Ave, Unit 1st Floor12537 S Marshfield Ave3BR,1BA$1.01
250 W 119th St, Unit 250 W 119th Street 1st Fl250 W 119th St3BR,1BA$1.70
15245 Martin Luther King Jr Dr, Unit 2 North15245 Martin Luther King Jr Dr2BR,1BA$2.00
211 E 161st Pl, Unit 2211 E 161st Pl2BR,1BA$1.87
Lakes Apartments2 Bedroom Townhouse2BR,1.5BA$1.58
10 W 137th ST2 Bedroom 1 Bath Apartment2BR,1BA$1.55
14021 S Tracy Ave2 Bedroom 1 Bath Apartment2BR,1BA$1.62
15210-14 Chicago Rd2 Bed 1 Bath Apartment2BR,1BA$1.89
13905-37 S Clark St1 Bedroom 1 Bath Apartment1BR,1BA$1.72
Meadow View Apartments1 Bedroom large1BR,1BA$1.98

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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 Riverdale

What type of rentals are currently available in Riverdale?

There are currently 355 Apartments for Rent in Riverdale, IL with pricing that ranges from $800 to $1,900. There are also 81 Single Family Homes for rent, Condos, and Townhome rentals currently available in Riverdale ranging from $1,000 to $3,600.

What is the current price range for Rental Homes in Riverdale?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Riverdale ranges from $1,000 to $3,600 with an average monthly rent of $1,931.

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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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.