
Cheap Homes for Rent in Riverside, IL from $1,200 (13 Rentals)
Search the lowest-cost Homes available for rent right now in Riverside.


6606 Windsor Ave

6645 21st St

1906 Grove Ave

3515 S Harlem Ave

1227 S Harlem Ave, Unit 507, Unit 507
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.

2835 S Harvey Ave, Unit 2nd floor, Unit 2nd floor

7321 14th St

3515 S Harlem Ave, Unit 6B, Unit 6B

102 Lincoln Ave

3150 S Harlem Ave

6337 Roosevelt Rd
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.

3808 Blanchan Ave, Unit Garden, Unit Garden
Riverside, IL Local Guide

How much does it cost to rent a home in Riverside?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Riverside 2 Bedroom Homes for Rent | $1,899 | $1,375 | $2,500 |
| Riverside 3 Bedroom Homes for Rent | $2,597 | $1,650 | $4,000 |
| Riverside 4 Bedroom Homes for Rent | $3,750 | $3,750 | $3,750 |
Browse Top Homes for Rent in Riverside
Explore Riverside
Riverside, IL Local Guide
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Cheapest Available Riverside Apartments for Rent
 The cheapest available apartment rental in Riverside, IL is a Studio unit found at 2110 S 5th Ave in the Maybrook Square neighborhood priced from $1,030. 2115-2126 S 4th Ave in the Maybrook Square neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,050. Here is today’s list of the most affordable Riverside apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 2110 S 5th Ave | Studio Apartment | Studio,1BA | $1,030 |
| 2115-2126 S 4th Ave | Studio Apartment | Studio,1BA | $1,050 |
| 3125-3129 S Harlem Ave | 2C | 1BR,1BA | $1,300 |
| 2126 Kenilworth Ave | 1W | 1BR,1BA | $1,400 |
| Grand Park Apartments | Renovated 1 Bedroom 1 Bathroom | 1BR,1BA | $1,465 |
Best Value Apartments for Rent in Riverside, IL
As of April 13, 2026 the best value apartment in the Riverside area is the $1.50 price per square foot 2 Bedroom Model at Hunter Brook Group in the in the West Cook neighborhood starting from $1,650. The second greatest value Riverside apartment is the 58 Lincoln Ave Model at 58 Lincoln Ave, Unit Garden starting at $1,650 with a $1.65 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. |
|---|---|---|---|
| Hunter Brook Group | 2 Bedroom | 2BR,1BA | $1.50 |
| 58 Lincoln Ave, Unit Garden | 58 Lincoln Ave | 2BR,1BA | $1.65 |
| 1315 E 31st St, Unit 1 | 1315 E 31st St | 2BR,1BA | $1.45 |
| 3434 Arden Ave, Unit Apartment # 2 | 3434 Arden Ave | 3BR,1BA | $2.20 |
| 9437 Burlington Ave, Unit 3 | 9437 Burlington Ave | 2BR,1BA | $1.79 |
| 2122 Kenilworth Ave, Unit 1b | 2122 Kenilworth Ave | 1BR,1BA | $1.33 |
| Grand Park Apartments | Renovated 1 Bedroom 1 Bathroom | 1BR,1BA | $1.95 |
| 1824 Oak Park Ave, Unit First Floor | 1824 Oak Park Ave | 2BR,1BA | $2.01 |
| 2110 S 5th Ave | Studio Apartment | Studio ,1BA | $2.29 |
| 2115-2126 S 4th Ave | Studio Apartment | Studio ,1BA | $2.63 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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.
Read ArticleBest 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
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
Read ArticleA 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
Read ArticleQuick 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
Frequently Asked Questions about Riverside
What type of rentals are currently available in Riverside?
There are currently 474 Apartments for Rent in Riverside, IL with pricing that ranges from $900 to $11,885. There are also 45 Single Family Homes for rent, Condos, and Townhome rentals currently available in Riverside ranging from $1,200 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 $1,200 to $4,000 with an average monthly rent of $2,321.
How much are larger Three and Four Bedroom Rentals in Riverside?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Riverside range from $1,695 to $11,727, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,650 to $4,000. Four Bedroom Single-Family rentals are also available starting from $3,750 and Four Bedroom Apartments start at $10,000.
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

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.

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.

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.

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

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.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.