
Cheap Apartments for Rent in Riverside, IL from $700 (24 Rentals)
Search the lowest-cost Apartments available for rent right now in Riverside.


43-63 Forest Ave

Water Tower

6945 Stanley Ave, Unit 10

6813 21st St

4321 S Harlem Ave

1850 S 61st Ct

1900-1906 S Euclid Ave
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.

Grove Apartments

6301-6307 32nd St

3120 Oak Park Ave

1646 Elmwood Ave

1143 S Lathrop Ave

7441-7445 Roosevelt Rd

7511-7515 Roosevelt Rd, Forest Park

2730 Ridgeland Ave
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.

West Clare Apartments

Broadview Apartments

2110 S 5th Ave Maywood, IL 60153

1229 S Harlem Ave

3522-30 Oak Park Ave

3111 S Ridgeland Ave

2115 S 4th Ave 2122 and 2125 S 4th Ave Maywood, IL 60153

944-964 S. Oak Park Avenue
Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago
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Riverside, IL Local Guide

How much does it cost to rent an apartment in Riverside?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Riverside Studio Apartments | $1,045 | $1,045 | $1,045 |
| Cheap Riverside 1 Bedroom Apartments | $1,404 | $950 | $1,727 |
| Cheap Riverside 2 Bedroom Apartments | $1,772 | $1,400 | $2,743 |
| Cheap Riverside 3 Bedroom Apartments | $5,605 | $1,600 | $10,000+ |
| Cheap Riverside 4 Bedroom Apartments | $8,105 | $8,105 | $8,105 |
Browse Top Apartments in Riverside
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Riverside, IL Local Guide
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Cheapest Available Riverside Apartments for Rent
 The cheapest available apartment rental in Riverside, IL is a Studio unit found at 2110 S 5th Ave Maywood, IL 60153 in the Maybrook Square neighborhood priced from $1,030. 2115 S 4th Ave 2122 and 2125 S 4th Ave Maywood, IL 60153 in the Maybrook Square neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,050. Here is today’s list of the most affordable Riverside apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 2110 S 5th Ave Maywood, IL 60153 | Studio Apartment | Studio,1BA | $1,030 |
| 2115 S 4th Ave 2122 and 2125 S 4th Ave Maywood, IL 60153 | Studio Apartment | Studio,1BA | $1,050 |
| 21st Street | 4 | 1BR,1BA | $1,350 |
| Grand Park Apartments | Renovated 1 Bedroom 1 Bathroom | 1BR,1BA | $1,465 |
| 1158-1164.5 S. Oak Park Ave. | 1164 S. Oak Park | 1BR,1BA | $1,549 |
Best Value Apartments for Rent in Riverside, IL
As of January 13, 2026 the best value apartment in the Riverside area is the $0.80 price per square foot 3812 Lombard Ave Model at 3812 Lombard Ave, Unit 1 in the in the Ogden Avenue District neighborhood starting from $1,600. The second greatest value Riverside apartment is the 9025 Burlington Ave Model at 9025 Burlington Ave, Unit 2floor starting at $1,300 with a $0.76 price per square foot in the Old Town Western Springs neighborhood. Here is today’s list of the best values for Riverside apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 3812 Lombard Ave, Unit 1 | 3812 Lombard Ave | 2BR,1BA | $0.80 |
| 9025 Burlington Ave, Unit 2floor | 9025 Burlington Ave | 1BR,1BA | $0.76 |
| 6416 W 26th St, Unit 2 | 6416 W 26th St | 3BR,1BA | $1.43 |
| 2117 Scoville Ave, Unit Unit 1 | 2117 Scoville Ave | 2BR,1BA | $1.34 |
| 1833 Gunderson Ave, Unit #1 | 1833 Gunderson Ave | 3BR,1BA | $1.90 |
| 2215 Elmwood Ave, Unit 1st Floor | 2215 Elmwood Ave | 2BR,1BA | $1.67 |
| 21st Street | 4 | 1BR,1BA | $1.80 |
| Grand Park Apartments | Renovated 1 Bedroom 1 Bathroom | 1BR,1BA | $1.95 |
| 1158-1164.5 S. Oak Park Ave. | 1164 S. Oak Park | 1BR,1BA | $2.07 |
| 2110 S 5th Ave Maywood, IL 60153 | 1 Bedroom 1 Bath Apartment | 1BR,1BA | $2.30 |
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 ArticleThe 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.
Read ArticleCash 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.
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
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Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Riverside, IL Rentals by Map
See the most popular apartments and homes in Riverside, IL
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 $1,205 at 2115 S 4th Ave 2122 and 2125 S 4th Ave Maywood, IL 60153.
What is the lowest price for a Cheap Two Bedroom Riverside Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Riverside is starting from $1,825 at Grand Park Apartments.
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
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.

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

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!