Cheap Apartments for Rent in Riverwoods, IL
2 rentals
Use arrow keys to navigateSPECIAL OFFERPET FRIENDLY$3,500 - $7,900/mo
1-3 Beds
2-3 BathsPARK5 Luxury Townhomes | 630 Thayer St #5-675H,
Deerfield, IL 60015
Use arrow keys to navigatePET FRIENDLY$3,900 - $7,500/mo1-3 Beds2-3 BathsPARK5 Rental Townhomes | 631 Thayer St #afe0361db,
Deerfield, IL 60015
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Apartments For Rent Near Riverwoods, IL
We found 30 more apartments matching your filters just outside Riverwoods
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SPECIAL OFFERPET FRIENDLY$825 - $1,035/moStudio1 Bath1807-09 N. Lincoln Park West | 1807 N Lincoln Park #7-308,
Chicago, IL 60614
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Average Rent Trends in Riverwoods, IL
Rent in Riverwoods, IL varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in May 2026 compared to the previous month. Rent previously peaked in Apr 2025.
| Month | Average rent |
|---|---|
| May 2025 | $5,367 |
| Jun 2025 | $3,750 |
| Jul 2025 | $3,750 |
| Aug 2025 | $3,750 |
| Sep 2025 | $2,013 |
| Oct 2025 | $2,000 |
| Nov 2025 | $1,350 |
| Dec 2025 | $1,500 |
| Feb 2026 | $4,300 |
| Mar 2026 | $5,090 |
| Apr 2026 | $5,110 |
| May 2026 | $5,450 |
Average Rent By Bedroom and Home Type
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $3,767 | $4,367 | $6,189 | $5,000 | $5,340 |
| Houses | — | — | — | $5,000 | $5,000 |
Frequently Asked Questions about Rentals in Riverwoods, IL
- What is the average rent in Riverwoods, IL?The average rent in Riverwoods, IL is $5,450. Rent prices range from $3,900 to as much as $5,000, depending on the type of rental.
- How does the rent in Riverwoods, IL compare to the national average?Average rent in Riverwoods, IL is about 185% higher than the national average rent of $1,910. That means it is more expensive to rent in Riverwoods compared to the U.S. average.
- What is the average rent in Riverwoods, IL, by number of bedrooms?The average rent in Riverwoods, IL is $ for a studio, $3,900 for a 1 bedroom, $4,450 for a 2 bedroom, $6,300 for a 3 bedroom, and $5,000 for a 4 bedroom.
- How have rent prices in Riverwoods, IL changed compared to last year?In the past year, the average rent price in Riverwoods, IL has decreased by $1,050. That means the average rent is 19% lower than last year.
- How many available rental listings are in Riverwoods, IL?There are 3 available rental listings in Riverwoods, IL.
- What are some cities near Riverwoods, IL?Some nearby cities include: Deerfield, Lincolnshire, Bannockburn, Buffalo Grove, Wheeling. These cities may have more rental options to explore.