Cheap Apartments for Rent in Riverwoods, IL from $800 (35 Rentals)

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Search the lowest-cost Apartments available for rent right now in Riverwoods.

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.

property at 1227 Elder Ct

$2,200

Total Monthly Price

Total Monthly Price

Base Rent
$2,200

Total Monthly Price
$2,200

3 Bedroom, 1 Bath Condo for Rent

Available Now

1227 Elder Ct, Unit Cedar Run

1227 Elder Ct
WheelingIL60090
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AMLI Deerfield
$2,314 - $4,952
Total Monthly Price

Total Monthly Price

Base Rent
$2,314 - $4,952

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

AMLI Deerfield

1525 Lake Cook RdDeerfield, IL 60015
Furnished
  • Verified
  • Customer Reviewed
  • 3D Tour

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.

property at 1022 Boxwood Ct

$2,350

Total Monthly Price

Total Monthly Price

Base Rent
$2,350

Total Monthly Price
$2,350

2 Bedroom, 2 Bath Townhome for Rent

Available Now

1022 Boxwood Ct

WheelingIL60090
property at 1054 Deerpath Ct

$2,400

Total Monthly Price

Total Monthly Price

Base Rent
$2,400

Total Monthly Price
$2,400

2 Bedroom, 2 Bath Townhome for Rent

Available Now

1054 Deerpath Ct

WheelingIL60090
property at 1450 Inverrary Ln

$2,500

Total Monthly Price

Total Monthly Price

Base Rent
$2,500

Total Monthly Price
$2,500

3 Bedroom, 1.5 Bath Condo for Rent

Available Jun 13

1450 Inverrary Ln, Unit Condominium

1450 Inverrary Ln
DeerfieldIL60015
property at 1106 Wildberry Ct

$2,550

Total Monthly Price

Total Monthly Price

Base Rent
$2,550

Total Monthly Price
$2,550

2 Bedroom, 2 Bath Condo for Rent

Available Now

1106 Wildberry Ct, Unit B1

1106 Wildberry Ct
WheelingIL60090
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Rivertrail Apartments
1 to 2 Bedroom Apartments

Rivertrail Apartments

515-519 S Milwaukee AveWheeling, IL 60090
  • Utilities Included
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55-77 E Strong St
Studio to 1 Bedroom Apartments

55-77 E Strong St

55-77 E Strong StWheeling, IL 60090
  • Utilities Included
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Wheeling Manor
1 to 2 Bedroom Apartments

Wheeling Manor

305 9th StWheeling, IL 60090
  • Utilities Included

Cash 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.

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Foxboro Apartments
1 to 2 Bedroom Apartments

Foxboro Apartments

470 Foxboro DrWheeling, IL 60090
Corporate Housing
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Park Meadows LLC
1 to 2 Bedroom Apartments

Park Meadows LLC

62 S Wolf RdWheeling, IL 60090
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Windbrooke Crossing
1 to 2 Bedroom Apartments

Windbrooke Crossing

1160 Windbrooke DrBuffalo Grove, IL 60089
Corporate Housing

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.

Riverwoods, IL Local Guide

Cheapest Available Riverwoods Apartments for Rent

 

The cheapest available apartment rental in Riverwoods, IL is a 1 Bed unit found at Foxboro Apartments in the Dundee Road neighborhood priced from $1,535. Park Meadows LLC in the McHenry Road neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,675. Here is today’s list of the most affordable Riverwoods apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Foxboro ApartmentsAstor1BR,1BA$1,535
Park Meadows LLC1BR/1.0BA1BR,1BA$1,675
The Green At Chevy Chase ApartmentsDoral1BR,1BA$1,750
The Wheatlands ApartmentsNormandy1BR,1BA$1,865
Uptown 500The 312 (A1)1BR,1BA$2,049
Windbrooke CrossingWillow1BR,1BA$2,052
Woodview Apartments1 Bed/1 Bath1BR,1BA$2,135
One Wheeling Town Center1B1BA-1A1BR,1BA$2,205
301 Riverwalk PlaceThe Elm1BR,1BA$2,295
Northgate Crossing of WheelingGeorgian1BR,1BA$2,370

Best Value Apartments for Rent in Riverwoods, IL

As of June 09, 2026 the best value apartment in the Riverwoods area is the $2.45 price per square foot Center Unit Model at Townhomes at Pointe Drive in the in the North Northfield neighborhood starting from $3,995. The second greatest value Riverwoods apartment is the Two-Bed/Den Model at 444 Social starting at $3,200 with a $2.46 price per square foot . Here is today’s list of the best values for Riverwoods apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Townhomes at Pointe DriveCenter Unit3BR,2.5BA$2.45
444 SocialTwo-Bed/Den2BR,2BA$2.46
301 Riverwalk PlaceThe Elm1BR,1BA$2.38
Northgate Crossing of WheelingGeorgian1BR,1BA$2.68
Foxboro ApartmentsFairfield2BR,1.25BA$2.32
Windbrooke CrossingLaurel2BR,1BA$2.62
One Wheeling Town Center1B1BA-1A1BR,1BA$2.63
The Wheatlands ApartmentsNormandy Deluxe1BR,1BA$2.61
Uptown 500The 312 (A1)1BR,1BA$2.56
Park Meadows LLC1BR/1.0BA1BR,1BA$2.24

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.

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Best 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

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A 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

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Real 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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Cheap Riverwoods Apartments

How much is rent for a Cheap One Bedroom Riverwoods Apartment?

The lowest price for a Cheap One Bedroom Riverwoods Apartment is $1,535 at Foxboro Apartments.

What is the lowest price for a Cheap Two Bedroom Riverwoods Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Riverwoods is starting from $1,850 at Park Meadows LLC.

What is the most affordable Riverwoods Three Bedroom Apartment?

The best deal on a cheap Riverwoods Three Bedroom Apartment rental is at One Wheeling Town Center and starts from $3,437.

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

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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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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.

decorative image for Best Neighborhoods to Rent in Near Chicago's Top Employers article

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.

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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

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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.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent   article

Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.