Cheap Apartments for Rent in Riverside, IL from $700 (75 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
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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

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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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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1315 E 31st St, Unit 1
$1,450
Total Monthly Price

Total Monthly Price

Base Rent
$1,450
Total Monthly Price
$1,450
2 Bedroom Apartment Available Jun 1

1315 E 31st St, Unit 1

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

1850 S 61st Ct

1850 S 61st CtCicero, IL 60804
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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
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1646 Elmwood Ave
1 Bedroom Apartments

1646 Elmwood Ave

1646 Elmwood AveBerwyn, IL 60402

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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1143 S Lathrop Ave
1 Bedroom Apartments

1143 S Lathrop Ave

1143 S Lathrop AveForest Park, IL 60130
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7441-7445 Roosevelt Rd
Studio to 2 Bedroom Apartments

7441-7445 Roosevelt Rd

7441-7445 Roosevelt RdForest Park, IL 60130
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7511-7515 Roosevelt Rd
Studio to 1 Bedroom Apartments

7511-7515 Roosevelt Rd

7511-7515 Roosevelt RdForest Park, IL 60130
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2730 Ridgeland Ave
1 to 2 Bedroom Apartments

2730 Ridgeland Ave

2730 Ridgeland AveBerwyn, IL 60402
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West Clare Apartments
1 to 3 Bedroom Apartments

West Clare Apartments

8155-8159 Ogden AveLyons, IL 60534
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2110 S 5th
Studio to 1 Bedroom Apartments

2110 S 5th

2110 S 5th AveMaywood, IL 60153
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1229 S Harlem Ave
1 to 2 Bedroom Apartments

1229 S Harlem Ave

1229 S Harlem AveForest Park, IL 60130
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3111 S Ridgeland Ave
1 Bedroom Apartments

3111 S Ridgeland Ave

3111 S Ridgeland AveBerwyn, IL 60402
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3522-30 Oak Park Ave
1 to 3 Bedroom Apartments

3522-30 Oak Park Ave

3522-3530 Oak Park AveBerwyn, IL 60402
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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!

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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 3049 Harlem Ave in the Ogden Avenue District neighborhood priced from $1,300. 3125-3129 S Harlem Ave in the Ogden Avenue District neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,300. Here is today’s list of the most affordable Riverside apartments for rent:

Apartment ListingModel NameBed/BathPriced From
3049 Harlem AveGarden East1BR,1BA$1,300
3125-3129 S Harlem Ave1A1BR,1BA$1,300
2126 Kenilworth Ave1E1BR,1BA$1,400
3230 Home AveN - Garden2BR,1BA$1,450

Best Value Apartments for Rent in Riverside, IL

As of May 29, 2026 the best value apartment in the Riverside area is the $1.32 price per square foot 4205 S Harlem Ave Model at 4205 S Harlem Ave, Unit unit 3 in the in the Ogden Avenue District neighborhood starting from $1,900. The second greatest value Riverside apartment is the 1108 Dunlop Ave Model at 1108 Dunlop Ave, Unit 2 starting at $1,975 with a $1.52 price per square foot in the West Cook 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.
4205 S Harlem Ave, Unit unit 34205 S Harlem Ave3BR,2BA$1.32
1108 Dunlop Ave, Unit 21108 Dunlop Ave1BR,1BA$1.52
1344 Maple Ave, Unit Maple First Floor1344 Maple Ave3BR,1BA$2.09
3230 Home AveN - Garden2BR,1BA$1.93
7121 Stanley Ave, Unit E17121 Stanley Ave1BR,1BA$2.08
2407 Grove Ave, Unit West Bedroom2407 Grove Ave1BR,1BA$7.50

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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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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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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 $1,300 at 3049 Harlem Ave.

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 $1,450 at 3230 Home Ave.

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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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.