Cheap Homes for Rent in Riverside, IL from $1,100 (18 Rentals)

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

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.

property at 842 Beloit Ave

842 Beloit Ave

Forest ParkIL60130

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.

property at 7740 Harvard St

7740 Harvard St

Forest ParkIL60130

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

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. 21st Street in the Ogden Avenue District neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,250. Here is today’s list of the most affordable Riverside apartments for rent:

Apartment ListingModel NameBed/BathPriced From
3125-3129 S Harlem Ave3A1BR,1BA$1,200
21st Street51BR,1BA$1,250
Grand Park Apartments1 Bedroom 1 Bathroom1BR,1BA$1,260
2110 S 5th Ave1 Bedroom 1 Bath Apartment1BR,1BA$1,280
Berwyn Apartments2 Bedroom2BR,1BA$1,414

Best Value Apartments for Rent in Riverside, IL

As of May 25, 2025 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 1611 Elmwood Ave Model at 1611 Elmwood Ave, Unit 1 starting at $2,200 with a $1.76 price per square foot in the Rehm Park 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.
3812 Lombard Ave, Unit 13812 Lombard Ave2BR,1BA$0.80
1611 Elmwood Ave, Unit 11611 Elmwood Ave3BR,1BA$1.76
1944 Euclid Ave, Unit #21944 Euclid Ave2BR,1BA$1.72
8616 47th St, Unit 1N8616 47th St2BR,1BA$1.23
1319 31st St, Unit 2-R1319 31st St2BR,1BA$1.27
1316 Wisconsin Ave, Unit Garden1316 Wisconsin Ave2BR,1BA$1.58
3230 Home Ave, Unit G33230 Home Ave1BR,1BA$1.50
21st Street51BR,1BA$1.67
Berwyn Apartments2 Bedroom2BR,1BA$1.93
3125-3129 S Harlem Ave3A1BR,1BA$1.71

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 473 Apartments for Rent in Riverside, IL with pricing that ranges from $980 to $4,160. There are also 50 Single Family Homes for rent, Condos, and Townhome rentals currently available in Riverside ranging from $1,100 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 $1,100 to $4,000 with an average monthly rent of $2,290.

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.

decorative image for A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago article

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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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.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.