Cheap Apartments for Rent in Riverside, IL from $700 (23 Rentals)
Search the lowest-cost Apartments available for rent right now in Riverside.
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.

2150 Gunderson Ave

2209 S 61st Ct
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.
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.
Riverside, IL Local Guide

How much does it cost to rent an apartment in Riverside?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Cheap Riverside 1 Bedroom Apartments | $1,493 | $1,075 | $3,074 |
Cheap Riverside 2 Bedroom Apartments | $1,855 | $1,395 | $2,250 |
Cheap Riverside 3 Bedroom Apartments | $2,282 | $1,850 | $2,995 |
Cheap Riverside 4 Bedroom Apartments | $14,522 | $10,000 | $10,000+ |
Browse Top Apartments in Riverside
See all Apartments in RiversideExplore Riverside
Riverside, IL Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Riverside Apartments for Rent
 The cheapest available apartment rental in Riverside, IL is a 1 Bed unit found at 3125-3129 S Harlem Ave in the Ogden Avenue District neighborhood priced from $1,200. 2110 S 5th Ave in the Maybrook Square neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,210. Here is today’s list of the most affordable Riverside apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
3125-3129 S Harlem Ave | 3E | 1BR,1BA | $1,200 |
2110 S 5th Ave | Studio Apartment | Studio,1BA | $1,210 |
2115 S 4th Ave | 1 Bedroom 1 Bath Apartment | 1BR,1BA | $1,260 |
Hunter Brook Group | 2 Bedroom | 2BR,1BA | $1,650 |
Grand Park Apartments | Renovated 2 Bedroom 1.5 Bathroom | 2BR,1BA | $1,785 |
Best Value Apartments for Rent in Riverside, IL
As of September 19, 2025 the best value apartment in the Riverside area is the $2.08 price per square foot 1029 Marengo Ave Model at 1029 Marengo Ave, Unit #1 in the in the Rehm Park neighborhood starting from $2,499. The second greatest value Riverside apartment is the 85 E Quincy St Model at 85 E Quincy St, Unit 2 starting at $2,250 with a $1.96 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
1029 Marengo Ave, Unit #1 | 1029 Marengo Ave | 3BR,2BA | $2.08 |
85 E Quincy St, Unit 2 | 85 E Quincy St | 3BR,1BA | $1.96 |
Hunter Brook Group | 2 Bedroom | 2BR,1BA | $1.50 |
4605 Maple Ave, Unit #2 | 4605 Maple Ave | 2BR,1BA | $1.64 |
1231 Clinton Ave, Unit 1 | 1231 Clinton Ave | 3BR,1BA | $1.90 |
Grand Park Apartments | Renovated 2 Bedroom 1.5 Bathroom | 2BR,1.5BA | $1.88 |
7001 Stanley Ave, Unit K1 | 7001 Stanley Ave | 2BR,1BA | $1.81 |
3125-3129 S Harlem Ave | 3E | 1BR,1BA | $1.50 |
1852 Grove Ave, Unit 1B | 1852 Grove Ave | 1BR,1BA | $1.43 |
2115 S 4th Ave | 1 Bedroom 1 Bath Apartment | 1BR,1BA | $2.15 |
Quick 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 Riverside, IL Rentals by Map
See the most popular apartments and homes in Riverside, IL
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 $1,200 at 3125-3129 S 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 $1,650 at Hunter Brook Group.
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.

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

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.