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Rental Market Trends in Riverside, IL

Updated July 2026

The average rent in Riverside, IL is $1,146/month.

Rent in Riverside is 31% lower than the national average rent of $1,663/month, making this one of the less expensive cities statewide.

$1,146/month

Average Rent

711 Sq Ft

Average Size

+2.5%

Change / Year

27

Available Apartments

Riverside rent varies by unit size and layout:

  • Studio apartments in Riverside average $914 per month.
  • One-bedroom apartments in Riverside average $1,146 per month.
  • Two-bedroom apartments in Riverside average $1,119 per month.
  • Three-bedroom apartments in Riverside average $1,902 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$914/month
488 Sq Ft
One Bedroom
$1,146/month
711 Sq Ft
Two Bedroom
$1,119/month
924 Sq Ft
Three Bedroom
$1,902/month
1,153 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
One Bedroom
$1,529/month
340 Sq Ft
View Riverside Apartments

How much has average rent changed in Riverside, IL?

In the past year, rent has increased by 2.5%, which averages out to $29 more per month.

Market Trends Over Time

July 2026

2025 2026
Market Trends Over Time

Rent Ranges in Riverside, IL

July 2026
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Riverside, IL
Percentage*
Rent Range
0% Below $700/month
17% $700 - $1,000/month
83% $1,001 - $1,500/month
0% $1,501 - $2,000/month
0% Above $2,000/month

What salary do I need to live comfortably in Riverside, IL?

Because the average rent in Riverside is $1,146, you’ll want to make about $3,820 per month or $45,840 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Riverside, IL

27 Available Apartments for Rent

Search for Nearby Apartments

How does Riverside, IL compare to other nearby cities and neighborhoods?

Use the tool below to compare Riverside, IL to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

View the Riverside Area Guide

Apartment Averages

Compare Rent Trends Nearby

Get a clearer picture of the area by viewing rent trends in nearby cities.

  • Lyons

    Lyons

  • Brookfield

    Brookfield

  • Forest Park

    Forest Park

Apartment Communities in Riverside We Think You'll Love

3125-3129 S Harlem Ave

3125-3129 S Harlem Ave

3125-3129 S Harlem Ave,
Berwyn, IL 60402

1 Bed | $1,450

Hunter Brook Group

Hunter Brook Group

7634 Ogden Ave,
Lyons, IL 60534

1-2 Beds | $1,500 - $1,700

3049 Harlem Ave

3049 Harlem Ave

3049 Harlem Ave,
Berwyn, IL 60402

1 Bed | $1,250

3230 Home Ave

3230 Home Ave

3230 Home Ave,
Berwyn, IL 60402

1 Bed | $1,200

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Frequently Asked Questions

What is the average rent in Riverside?

The average rent in Riverside is $1,146 per month, which is 31.1% lower than the national average of $1,663.

Are rents going up or down in Riverside?

Rents in Riverside, IL are increasing, with prices up 2.5% year-over-year and $29 more per month.

What rent range is most common in Riverside?

In Riverside, IL, 83% of apartments fall between $1,001 - $1,500/month, though prices may vary depending on location and other factors.

United States Illinois Riverside Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity