
Cheap Homes for Rent in Riverdale, IL from $1,050 (23 Rentals)
Search the lowest-cost Homes available for rent right now in Riverdale.


13943 S State St

2123 W 119th St

2109-2123 W 119th St, Unit 2123-12

120 E Kensington Ave, Unit 2-F

2123 W 119th St

120 E Kensington Ave, Unit 2f
The Windy City Price Tag: Your Complete Guide to the Cost of Living in Chicago
Chicago may cost more than the national average, but with the right neighborhood, a smart transit strategy, and a few local insider tips, living well in the Windy City is more achievable than you might think. Our local expert breaks down everything from rent and groceries to transportation and healthcare so you can plan your move with confidence.

414 W 144th St, Unit Studio/Basement

14605 Des Plaines St

12151 S Western Ave

2052 135th Pl, Unit 5

12863 S Normal Ave

14605 Des Plaines St, Unit 1E

14605 Des Plaines St, Unit 1 W
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

2144 135th Pl

314 E 138th St, Unit 1F

414 W 144th St

12113 S State St

13701 S Atlantic Ave

1015 E 150th Pl

11822 S Watkins 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!

557 W 126th St

12822 S Union Ave
Riverdale, IL Local Guide

How much does it cost to rent a home in Riverdale?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Riverdale 2 Bedroom Homes for Rent | $1,427 | $1,050 | $1,950 |
| Riverdale 3 Bedroom Homes for Rent | $2,156 | $1,549 | $2,800 |
| Riverdale 4 Bedroom Homes for Rent | $2,422 | $1,400 | $3,200 |
| Riverdale 5 Bedroom Homes for Rent | $2,649 | $2,299 | $3,300 |
| Riverdale 6 Bedroom Homes for Rent | $2,900 | $2,500 | $3,200 |
Browse Top Homes for Rent in Riverdale
Explore 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 12013 S Eggleston Avenue in the South Chicago neighborhood priced from $950. 11214-18 S Indiana in the South Chicago neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $975. Here is today’s list of the most affordable Riverdale apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 12013 S Eggleston Avenue | 1 Bedroom |1 Bath | 1BR,1BA | $950 |
| 11214-18 S Indiana | 0BR/1.0BA | Studio,1BA | $975 |
| 11932 S Stewart | 1 Bedroom 1 Bath Apartment | 1BR,1BA | $995 |
| Meadow View Apartments | 2 Bedroom small | 2BR,1BA | $1,123 |
| 2631 West 123rd Street | 1BR/1.0BA | 1BR,1BA | $1,150 |
Best Value Apartments for Rent in Riverdale, IL
As of August 23, 2026 the best value apartment in the Riverdale area is the $1.80 price per square foot 12132 S Michigan Ave Model at 12132 S Michigan Ave, Unit Michigan Property in the in the South Chicago neighborhood starting from $1,800. The second greatest value Riverdale apartment is the RVDL2BR1 Model at 14036-50 Tracy Ave starting at $1,350 with a $1.50 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. |
|---|---|---|---|
| 12132 S Michigan Ave, Unit Michigan Property | 12132 S Michigan Ave | 3BR,1BA | $1.80 |
| 14036-50 Tracy Ave | RVDL2BR1 | 2BR,1BA | $1.50 |
| 12705 Honore St, Unit #2S | 12705 Honore St | 3BR,1BA | $1.67 |
| 14513 S Richmond Ave, Unit 1 | 14513 S Richmond Ave | 2BR,1BA | $1.44 |
| 12000 S Eggleston | 2 Bedroom 1 Bath Apartment | 2BR,1BA | $1.42 |
| 14021 S Tracy | 2 Bedroom 1 Bath Apartment | 2BR,1BA | $1.62 |
| 13905 S Clark | 1 Bedroom 1 Bath Apartment | 1BR,1BA | $1.77 |
| 11932 S Stewart | 1 Bedroom 1 Bath Apartment | 1BR,1BA | $1.52 |
| 2631 West 123rd Street | 1BR/1.0BA | 1BR,1BA | $1.92 |
| 12013 S Eggleston Avenue | 1 Bedroom |1 Bath | 1BR,1BA | $1.85 |
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.
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 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 $5,483. There are also 67 Single Family Homes for rent, Condos, and Townhome rentals currently available in Riverdale ranging from $1,050 to $3,300.
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 $1,050 to $3,300 with an average monthly rent of $2,104.
How much are larger Three and Four Bedroom Rentals in Riverdale?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Riverdale range from $1,375 to $2,050, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,549 to $2,800. Four Bedroom Single-Family rentals are also available starting from $1,400 and Four Bedroom Apartments start at $1,475.
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

The Windy City Price Tag: Your Complete Guide to the Cost of Living in Chicago
Written by: Nicole Harms
When choosing a place to live, there are many things you must consider. Your employer, your shopping preferences, and even schools are all important to think about. Yet cost of living is also important to know and plan for.

Best Places to Live Near Chicago: 5 Cities That Keep the Windy City Accessible
Written by: Nicole Harms
I’m Nicole, you’re ApartmentHomeLiving.com Local Expert for Chicago. There’s no denying I love the Windy City. Yet there’s also no denying that rental homes in Chicago can be pricy, small, and hard to find.

Chicago Relocation 101: Mastering Utilities, Registration, and the CTA
Written by: Nicole Harms
Moving to a new city is always an exciting time, especially one as vibrant and diverse as Chicago. With world-class museums, a breathtaking lakefront, and numerous employment opportunities, there’s much to love about this city.

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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.