
Cheap Homes for Rent near Riverton, IL from $500 (12 Rentals)
Search the lowest-cost Homes available for rent right now in Riverton.


759 E Lawrence St

1616 S 7th St

619 S 5th St

2160 S Martin Luther King Jr Dr

1011 N 12th St
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.

1010 N 12th St

2136 S 9th St

2451 S 11th St

1236 N Oaklane Rd

2155 S 13th St

2512 Fox Bridge 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.
Riverton, IL Local Guide

How much does it cost to rent a home in Riverton?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Riverton 2 Bedroom Homes for Rent | $1,044 | $750 | $1,200 |
| Riverton 3 Bedroom Homes for Rent | $1,205 | $530 | $2,250 |
Browse Top Homes for Rent in Riverton
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Riverton, IL Local Guide
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Cheapest Available Riverton Apartments for Rent and Nearby
 The cheapest available apartment rental in Riverton, IL is a 1 Bed unit found at Lincoln Senior Flats priced from $400. Whispering Pines Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $600. Here is today’s list of the most affordable Riverton apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Lincoln Senior Flats | 1 Bed 1 Bath | 1BR,1BA | $400 |
| Whispering Pines Apartments | 1 Bed, 1 Bath - Essential | 1BR,1BA | $600 |
| The Hickox Collection | The Hickox | Studio,1BA | $657 |
| Cobblestone Apartments | Cobblestone 1BD | 1BR,1BA | $750 |
| Decatur Flats Apartments | 2BR/1.0BA | 2BR,1BA | $799 |
Best Value Apartments for Rent in Riverton, IL and Nearby
As of July 15, 2026 the best value apartment in the Riverton area is the $1.24 price per square foot Two Bedroom Two Bath Model at Koke Mill Apartments in the starting from $1,300. The second greatest value Riverton apartment is the Townhome Model at Ravenwood Townhomes starting at $895 with a $0.90 price per square foot . Here is today’s list of the best values for Riverton apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Koke Mill Apartments | Two Bedroom Two Bath | 2BR,2BA | $1.24 |
| Ravenwood Townhomes | Townhome | 2BR,1.5BA | $0.90 |
| The Boulevard Townhomes | Townhouse | 2BR,1.5BA | $1.04 |
| Safe Harbor Properties | 2 Bdr 1 Bath with Balcony. Capitol View. | 2BR,1BA | $1.08 |
| 3TEN Apartments | 2 Bed 1 Bath | 2BR,1BA | $1.05 |
| Lincoln Senior Flats | 2 Bed 1 Bath | 2BR,1BA | $0.97 |
| 2474 N Florian | 10 | 2BR,1.5BA | $1.13 |
| Cobblestone Apartments | Cobblestone 2BD | 2BR,1BA | $1.06 |
| Pine Ridge Apartments | One Bedroom | 1BR,1BA | $1.17 |
| Decatur Flats Apartments | 1 bed 1 bath Renovated | 1BR,1BA | $1.14 |
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.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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.
Best Local Schools in Riverton, IL
Riverton High School
Riverton Middle School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Riverton
What type of rentals are currently available in Riverton?
There are currently 51 Apartments for Rent in Riverton, IL with pricing that ranges from $400 to $3,400. There are also 42 Single Family Homes for rent, Condos, and Townhome rentals currently available in Riverton ranging from $530 to $2,250.
What is the current price range for Rental Homes in Riverton?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Riverton ranges from $530 to $2,250 with an average monthly rent of $1,049.
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.
Articles, How-To's, and Tips

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.