Cheap Apartments for Rent in Riverside, IL from $700 (91 Rentals)

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Search the lowest-cost Apartments available for rent right now in Riverside.

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3144-3150 S Harlem Ave
1 to 2 Bedroom Apartments

3144-3150 S Harlem Ave

3144-3150 S Harlem AveRiverside, IL 60546
  • Utilities Included
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43-63 Forest Ave
Studio to 1 Bedroom Apartments

43-63 Forest Ave

43-63 Forest AveRiverside, IL 60546
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Water Tower
Studio to 2 Bedroom Apartments

Water Tower

24-38 East AveRiverside, IL 60546
  • Utilities Included
property at 6348 13th St

$1,100 - $1,300

Studio To 1 Bedroom Rentals

Available Now

6348 13th St

BerwynIL60402

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.

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property at 1929 Grove Ave

$1,125 - $1,295

Studio To 1 Bedroom Rentals

Available Aug 1

1929 Grove Ave

BerwynIL60402

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.

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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.

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1315 E 31st St, Unit 1
$1,500
Total Monthly Price

Total Monthly Price

Base Rent
$1,500
Total Monthly Price
$1,500
2 Bedroom Apartment Available Now

1315 E 31st St, Unit 1

1315 E 31st StLa Grange Park, IL 60526
Cost Per Sq.Ft.
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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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1850 S 61st Ct
Studio to 1 Bedroom Apartments

1850 S 61st Ct

1850 S 61st CtCicero, IL 60804
  • Utilities Included
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1900-1906 S Euclid Ave
1 Bedroom Apartments

1900-1906 S Euclid Ave

1900-1906 S Euclid AveBerwyn, IL 60402
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Grove Apartments
Studio to 1 Bedroom Apartments

Grove Apartments

1939 Grove AveBerwyn, IL 60402
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6301-6307 32nd St
1 to 2 Bedroom Apartments

6301-6307 32nd St

6301-6307 32nd StBerwyn, IL 60402
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3120 Oak Park Ave
Studio to 1 Bedroom Apartments

3120 Oak Park Ave

3120 Oak Park AveBerwyn, IL 60402
  • Utilities Included

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Riverside, IL Local Guide

Cheapest Available Riverside Apartments for Rent

 

The cheapest available apartment rental in Riverside, IL is a 1 Bed unit found at 3230 Home Ave in the Ogden Avenue District neighborhood priced from $1,200. 3049 Harlem Ave in the Ogden Avenue District neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,250. Here is today’s list of the most affordable Riverside apartments for rent:

Apartment ListingModel NameBed/BathPriced From
3230 Home AveH1BR,1BA$1,200
3049 Harlem AveGarden East1BR,1BA$1,250
3125-3129 S Harlem Ave1A1BR,1BA$1,450
Hunter Brook Group1 Bedroom1BR,1BA$1,500

Best Value Apartments for Rent in Riverside, IL

As of July 15, 2026 the best value apartment in the Riverside area is the $1.10 price per square foot 4536 Park Ave Model at 4536 Park Ave, Unit 1 F in the in the Old Town Western Springs neighborhood starting from $2,200. The second greatest value Riverside apartment is the 3 Beds, 3 baths Model at 2717 Wesley Ave starting at $2,095 with a $1.06 price per square foot in the Ogden Avenue District neighborhood. Here is today’s list of the best values for Riverside apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
4536 Park Ave, Unit 1 F4536 Park Ave3BR,1.5BA$1.10
2717 Wesley Ave3 Beds, 3 baths3BR,3BA$1.06
4205 S Harlem Ave, Unit 24205 S Harlem Ave3BR,2BA$1.32
1835 Home Ave, Unit 1 & 21835 Home Ave2BR,1BA$1.40
1111 Circle Ave, Unit 1111 Circle Avenue Unit 21111 Circle Ave2BR,1BA$1.59
1315 E 31st St, Unit 11315 E 31st St2BR,1BA$1.50
2012 S 5th Ave, Unit Maywood2012 S 5th Ave2BR,1BA$1.79
Hunter Brook Group1 Bedroom1BR,1BA$2.14
7210 Park Ave, Unit 17210 Park Ave2BR,1BA$2.38
7121 Stanley Ave, Unit H37121 Stanley Ave1BR,1BA$2.00

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.

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Best 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

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A 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

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Real 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.

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Frequently Asked Questions about Cheap Riverside Apartments

How much is rent for a Cheap One Bedroom Riverside Apartment?

The lowest price for a Cheap One Bedroom Riverside Apartment is $1,200 at 3230 Home Ave.

What is the most affordable Riverside Three Bedroom Apartment?

The best deal on a cheap Riverside Three Bedroom Apartment rental is at 2717 Wesley Ave and starts from $2,095.

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

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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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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.

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Best Neighborhoods to Rent in Near Chicago's Top Employers

Written by: Nicole Harms

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.

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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

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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.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.