
Cheap Homes for Rent in Riverdale, IL from $1,200 (19 Rentals)
Search the lowest-cost Homes available for rent right now in Riverdale.


14521 Richmond Ave

153 E 119th St, Unit 1

14605 Des Plaines St, Unit 1E

2204 W 123rd St

426 Calumet Blvd
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.

12863 S Normal Ave

14629 Hoyne Ave, Unit 14629 Hoyne Ave Dixmoor

12113 S State St

13700 S Eggleston Ave

14001 S Western Ave

1923 Vermont St
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13443 Greenwood Ave

557 W 126th St

2724 Union St, Unit Unit 1

251 W 115th St

14802 Cooper Ave

14802 Cooper Ave
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.

11540 S Racine 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 | $1,833 | $1,400 | $2,700 |
| Riverdale 3 Bedroom Homes for Rent | $2,124 | $1,521 | $2,800 |
| Riverdale 4 Bedroom Homes for Rent | $2,476 | $1,400 | $3,500 |
| Riverdale 5 Bedroom Homes for Rent | $2,622 | $2,390 | $2,800 |
| Riverdale 6 Bedroom Homes for Rent | $2,800 | $2,800 | $2,800 |
| Riverdale 7 Bedroom Homes for Rent | $4,500 | $4,500 | $4,500 |
Browse Top Homes for Rent in Riverdale
Explore Riverdale
Riverdale, IL Local Guide
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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 |
Best Value Apartments for Rent in Riverdale, IL
As of May 24, 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 |
| 12157 S Michigan Ave | 1 Bedroom Studio | 1BR,1BA | $1.00 |
| 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 |
| 304 East 147th | 1 Bedroom 1 Bath Apartment | 1BR,1BA | $1.92 |
| 11214-18 S Indiana | 0BR/1.0BA | Studio ,1BA | $1.95 |
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
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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 358 Apartments for Rent in Riverdale, IL with pricing that ranges from $800 to $5,816. There are also 62 Single Family Homes for rent, Condos, and Townhome rentals currently available in Riverdale ranging from $1,275 to $4,500.
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 $1,275 to $4,500 with an average monthly rent of $2,534.
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 $1,400 to $2,200, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,521 to $2,800. Four Bedroom Single-Family rentals are also available starting from $1,400 and Four Bedroom Apartments start at $5,816.
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
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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
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From Lake Shore Drive to the O’Hare Airport, the city of Chicago is a study in diversity, resilience, and culture.
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