Cheap Homes for Rent in Riverside, IL from $1,100 (19 Rentals)

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

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.

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.

Riverside, IL Local Guide

Cheapest Available Riverside Apartments for Rent

 

The cheapest available apartment rental in Riverside, IL is a Studio unit found at 2115 S 4th Ave in the Maybrook Square neighborhood priced from $1,000. 33rd & Ridgeland Ave in the Ogden Avenue District neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,200. Here is today’s list of the most affordable Riverside apartments for rent:

Apartment ListingModel NameBed/BathPriced From
2115 S 4th AveStudio ApartmentStudio,1BA$1,000
33rd & Ridgeland Ave2F1BR,1BA$1,200
21st Street81BR,1BA$1,300
1151-1153 S. Oak Park Ave. 805 & 807 Fillmore1BR,1BA$1,399
Berwyn Apartments2 Bedroom2BR,1BA$1,414

Best Value Apartments for Rent in Riverside, IL

As of July 14, 2025 the best value apartment in the Riverside area is the $1.69 price per square foot 3014 S Harlem Ave Model at 3014 S Harlem Ave, Unit Second Floor Unit in the in the Ogden Avenue District neighborhood starting from $2,195. The second greatest value Riverside apartment is the 2 Bedroom Model at Hunter Brook Group starting at $1,600 with a $1.45 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.
3014 S Harlem Ave, Unit Second Floor Unit3014 S Harlem Ave2BR,1BA$1.69
Hunter Brook Group2 Bedroom2BR,1BA$1.45
4335 Lawndale Ave, Unit 1F4335 Lawndale Ave3BR,1BA$2.13
Grand Park Apartments2 Bedroom 1.5 Bathroom - Upgraded2BR,1.5BA$1.67
3307 Highland Ave, Unit Garden North3307 Highland Ave2BR,1BA$1.84
4536 Park Ave, Unit 2R4536 Park Ave2BR,1BA$1.78
6638 W Windsor Ave, Unit #36638 W Windsor Ave2BR,1BA$1.81
33rd & Ridgeland Ave2F1BR,1BA$1.60
21st Street81BR,1BA$1.73
Berwyn Apartments2 Bedroom2BR,1BA$1.93

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.

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Frequently Asked Questions about Riverside

What type of rentals are currently available in Riverside?

There are currently 489 Apartments for Rent in Riverside, IL with pricing that ranges from $925 to $3,000. There are also 52 Single Family Homes for rent, Condos, and Townhome rentals currently available in Riverside ranging from $1,150 to $4,000.

What is the current price range for Rental Homes in Riverside?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Riverside ranges from $1,150 to $4,000 with an average monthly rent of $2,572.

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.

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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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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.

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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.

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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.