Cheap Homes for Rent in Riverdale, IL from $1,000 (16 Rentals)

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

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

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.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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.

Riverdale, IL Local Guide

Cheapest Available Riverdale Apartments for Rent

 

The cheapest available apartment rental in Riverdale, IL is a 2 Beds unit found at 15840 Marshfield Ave in the College District neighborhood priced from $1,000. 14127 S School St in the College District neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,085. Here is today’s list of the most affordable Riverdale apartments for rent:

Apartment ListingModel NameBed/BathPriced From
15840 Marshfield Ave2 Beds, 1 bath2BR,1BA$1,000
14127 S School St2 Bedroom 1 Bath2BR,1BA$1,085
Lakes Apartments2 Bedroom Apartment2BR,1BA$1,170
14021 S Tracy Ave2 Bedroom 1 Bath Apartment2BR,1BA$1,170
14123-25 S Tracy Ave2 Bedroom 1 Bath Apartment2BR,1BA$1,225

Best Value Apartments for Rent in Riverdale, IL

As of August 04, 2025 the best value apartment in the Riverdale area is the $1.15 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 $1,600. The second greatest value Riverdale apartment is the 2346 122nd St Model at 2346 122nd St, Unit One Rear starting at $1,095 with a $0.91 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$1.15
2346 122nd St, Unit One Rear2346 122nd St1BR,1BA$0.91
1016 E 150th Pl, Unit 2E1016 E 150th Pl2BR,1BA$1.61
Lakes Apartments2 Bedroom Townhouse2BR,1.5BA$1.56
10 W 137th ST2 Bedroom 1 Bath Apartment2BR,1BA$1.59
14021 S Tracy Ave2 Bedroom 1 Bath Apartment2BR,1BA$1.55
14123-25 S Tracy Ave2 Bedroom 1 Bath Apartment2BR,1BA$1.62
14127 S School St2 Bedroom 1 Bath2BR,1BA$1.56
11214-18 S Indiana0BR/1.0BAStudio ,1BA$2.64
15840 Marshfield Ave1 Bed, 1 bath1BR,1BA$2.55

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, 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 Riverdale

What type of rentals are currently available in Riverdale?

There are currently 350 Apartments for Rent in Riverdale, IL with pricing that ranges from $800 to $1,700. There are also 65 Single Family Homes for rent, Condos, and Townhome rentals currently available in Riverdale ranging from $1,000 to $3,100.

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 $3,100 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.

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 The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

decorative image for Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting article

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

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.