$1,875 Per Month
- 3 Beds
- 1 Bath
- Condo for Rent
13701 S Atlantic Ave, Riverdale, IL 60827
Property Id: 1638611Balcony on the front & backNewer windows Quiet blockBeautiful atmosphere Large bedrooms Kitchen is hugeHuge living room
(708) 487-0716
Frequently Asked Questions
How much does it cost to rent a condo in Riverdale, IL?
The median rent for a condo in Riverdale, IL is $1,475 per month, though prices vary by neighborhood, size, and property type. As of June 2026, condos tend to be the most affordable option while single-family homes are currently more expensive.
How much do you need to make to afford rent in Riverdale, IL?
To comfortably afford the median rent in Riverdale, IL, a household needs to earn roughly $64,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,600 per month in Riverdale, IL, renters typically need to show $4,800 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Riverdale, IL?
In Riverdale, IL, the price-to-rent ratio is 7.4, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Riverdale, IL are best for renting a condo?
The best neighborhood for renting in Riverdale, IL depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a condo include Chatham, South Shore, Englewood, Woodlawn and Washington Park, each with its own character and price range.
