107 E Dundee Rd
WheelingIL60090
Cheap Homes for Rent near Riverwoods, IL from $1,500 (12 Rentals)
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$1,5952 Bedroom Apartments Available Aug 4
933-951 Waukegan Rd, Unit 2 Bedroom
933-951 Waukegan RdDeerfield, IL 60015
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$1,5952 Bedroom Apartments Available Now
1141 Waukegan Rd, Unit Two Bedroom copy
1141 Waukegan RdDeerfield, IL 60015
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$1,6252 Bedroom Apartments Available Now
1141 Waukegan Rd, Unit 2 Bedroom
1141 Waukegan RdDeerfield, IL 60015
406 Inland Dr, Unit 3A
406 Inland Dr
WheelingIL60090
1156 Osterman Ave
DeerfieldIL60015
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.
266 12th St, Unit 3b
266 12th St
WheelingIL60090
475 Plum Creek Dr
WheelingIL60090
1326 W Inverrary Ln
DeerfieldIL60015
733 Plum Tree Ct
WheelingIL60090
1121 Waukegan Rd
DeerfieldIL60015
732 W Inverrary Ln
DeerfieldIL60015
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.
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Riverwoods, IL Local Guide
Shallow lake and prairie near Radford Green in Sedgebrook by Ken Gibson is licensed under CC BY 2.0
How much does it cost to rent a home in Riverwoods?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Riverwoods 2 Bedroom Homes for Rent | $2,445 | $1,800 | $4,495 |
| Riverwoods 3 Bedroom Homes for Rent | $3,494 | $2,100 | $5,900 |
| Riverwoods 4 Bedroom Homes for Rent | $5,273 | $3,200 | $8,000 |
| Riverwoods 5 Bedroom Homes for Rent | $6,000 | $4,500 | $7,500 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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Riverwoods, IL Local Guide
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Cheapest Available Riverwoods Apartments for Rent and Nearby
The cheapest available apartment rental in Riverwoods, IL is a 1 Bed unit found at Foxboro Apartments in the Dundee Road neighborhood priced from $1,545. Hunt Club Apartments in the Milwaukee Avenue neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,600. Here is today’s list of the most affordable Riverwoods apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Foxboro Apartments | Astor | 1BR,1BA | $1,545 |
| Hunt Club Apartments | Birch (2 Bed U) | 2BR,1BA | $1,600 |
| Park Meadows Apartments | 1BR/1.0BA | 1BR,1BA | $1,675 |
| The Green At Chevy Chase Apartments | Doral | 1BR,1BA | $1,760 |
| Uptown 500 | The Loop (S1) | Studio,1BA | $1,838 |
Best Value Apartments for Rent in Riverwoods, IL and Nearby
As of July 11, 2026 the best value apartment in the Riverwoods area is the $2.82 price per square foot C2 Model at PARK5 Luxury Townhomes in the in the North Northfield neighborhood starting from $5,999. The second greatest value Riverwoods apartment is the Center Unit Model at Townhomes at Pointe Drive starting at $3,995 with a $2.51 price per square foot in the North Northfield neighborhood. Here is today’s list of the best values for Riverwoods apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| PARK5 Luxury Townhomes | C2 | 3BR,2.5BA | $2.82 |
| Townhomes at Pointe Drive | Center Unit | 3BR,2.5BA | $2.51 |
| Northgate Crossing of Wheeling | Dakota | 2BR,2BA | $2.23 |
| 404 Inland Dr, Unit 2B | 404 Inland Dr | 2BR,1BA | $1.63 |
| Hunt Club Apartments | Birch (2 Bed U) | 2BR,1BA | $1.68 |
| Windbrooke Crossing | Laurel | 2BR,1BA | $2.68 |
| One Wheeling Town Center | 1B1BA-1A | 1BR,1BA | $2.53 |
| The Wheatlands Apartments | Normandy Deluxe | 1BR,1BA | $2.63 |
| Park Meadows Apartments | 1BR/1.0BA | 1BR,1BA | $2.24 |
| Foxboro Apartments | Easton | 1BR,1BA | $2.28 |
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
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 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.
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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 Riverwoods
What type of rentals are currently available in Riverwoods?
There are currently 86 Apartments for Rent in Riverwoods, IL with pricing that ranges from $1,350 to $7,500. There are also 44 Single Family Homes for rent, Condos, and Townhome rentals currently available in Riverwoods ranging from $1,590 to $8,000.
What is the current price range for Rental Homes in Riverwoods?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Riverwoods ranges from $1,590 to $8,000 with an average monthly rent of $3,776.
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.
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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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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.
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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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From Lake Shore Drive to the O’Hare Airport, the city of Chicago is a study in diversity, resilience, and culture.
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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.