Cheap Apartments for Rent in Riverside, IL from $700 (37 Rentals)
Search the lowest-cost Apartments available for rent right now in Riverside.

6447 W 23rd St

2209 S 61st Ct

2109 Grove Ave

2107 Grove Ave

3120 Oak Park 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.

6813 W 21st St

3208 Grove Ave

1943 Wesley Ave

2111 Grove Ave

2105 Grove Ave

1900 Highland Ave

1942 Grove GS Grv
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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 | $1,020 | $950 | $1,095 |
Cheap Riverside 1 Bedroom Apartments | $1,307 | $1,100 | $1,695 |
Cheap Riverside 2 Bedroom Apartments | $1,805 | $1,200 | $4,380 |
Cheap Riverside 3 Bedroom Apartments | $2,149 | $1,800 | $2,799 |
Cheap Riverside 4 Bedroom Apartments | $4,835 | $3,040 | $6,630 |
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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 1 Bed unit found at 2115 S 4th Ave in the Maybrook Square neighborhood priced from $1,205. 33rd & Ridgeland 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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
2115 S 4th Ave | 1 Bedroom 1 Bath Apartment | 1BR,1BA | $1,205 |
33rd & Ridgeland Ave | 2D | 1BR,1BA | $1,300 |
21st Street | 8 | 1BR,1BA | $1,300 |
Grand Park Apartments | 1 Bedroom 1 Bathroom - Upgraded | 1BR,1BA | $1,325 |
Berwyn Apartments | 2 Bedroom | 2BR,1BA | $1,414 |
Best Value Apartments for Rent in Riverside, IL
As of June 20, 2025 the best value apartment in the Riverside area is the $1.63 price per square foot 1127 Hannah Ave Model at 1127 Hannah Ave, Unit B in the in the North Berwyn neighborhood starting from $1,950. The second greatest value Riverside apartment is the 2102 Harvey Ave Model at 2102 Harvey Ave, Unit 1 starting at $2,100 with a $1.91 price per square foot in the Clyde 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. |
---|---|---|---|
1127 Hannah Ave, Unit B | 1127 Hannah Ave | 2BR,1BA | $1.63 |
2102 Harvey Ave, Unit 1 | 2102 Harvey Ave | 3BR,1BA | $1.91 |
1321-2 East Ave, Unit 2 | 1321-2 East Ave | 3BR,1BA | $1.99 |
6638 W Windsor Ave, Unit 3 | 6638 W Windsor Ave | 2BR,1BA | $1.75 |
1316 Wisconsin Ave, Unit Garden | 1316 Wisconsin Ave | 2BR,1BA | $1.58 |
Grand Park Apartments | 1 Bedroom 1 Bathroom - Renovated | 1BR,1BA | $1.95 |
21st Street | 8 | 1BR,1BA | $1.73 |
Berwyn Apartments | 2 Bedroom | 2BR,1BA | $1.93 |
33rd & Ridgeland Ave | 2D | 1BR,1BA | $1.86 |
2115 S 4th Ave | 1 Bedroom 1 Bath Apartment | 1BR,1BA | $2.06 |
Quick Rent Budget Calculator
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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Getting Around Riverside, IL
Walk Score®
73 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
64 / 100
Bikeable
Some bike infrastructure
Transit Score®
4 / 100
Minimal Transit
It may be possible to get on a bus
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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.
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 $1,414 at Berwyn Apartments.
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.

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.

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.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.