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Riverwoods, IL Homes for Rent

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    Starting at $1,658 Per Month

    • Studio - 3 Beds

    15 Parkway North Blvd, Deerfield, IL 60015

    Luxury Apartment Homes 3 minutes to downtown Deerfield, 1 minute to the 294 expressways. Come home to sophistication and your private oasis at Woodview Apartments in Deerfield and be part of a lifestyle that defines elegance and contemporary living. Relax and surround yourself with stunning upgrades such as stainless-steel appliances and fixtures, quartz counter tops, tile back splashes and sleek

    Woodview Apartments

    (224) 501-9852

    15 Parkway North Blvd, Deerfield, IL 60015
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    $2,249 Per Month

    • Studio
    • 1 Bath
    • 300 Sq Ft
    • Furnished Studio-Chicago - Buffalo Grove - Deerfield

    1525 Busch Pkwy, Buffalo Grove, IL 60089

    Enjoy a fully furnished studio suite in our hotel at an affordable rate with free wi-fi, free utilities and free premium cable. Each studio suite has a full kitchen with full-size refrigerator, stovetop and microwave, and has a flexible workspace and plenty of storage. All our hotels are pet-friendly and have on-site guest laundry available. Plus, there are no long-term commitments and you can

    Furnished Studio-Chicago - Buffalo Grove - Deerfield

    (224) 313-4372

    1525 Busch Pkwy, Buffalo Grove, IL 60089
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    Starting at $3,900 Per Month

    • 1 - 3 Beds

    5 Parkway North Blvd, Deerfield, IL 60015

    Welcome to PARK5 Luxury Townhomes—a brand-new collection of upscale, for-rent townhomes in Deerfield, IL, designed to redefine suburban living. Featuring 1- to 3-bedroom homes with thoughtfully crafted layouts, designer finishes, and modern amenities, PARK5 offers a lifestyle where comfort, convenience, and luxury meet. Located in the heart of Deerfield, PARK5 connects residents to premier

    PARK5 Luxury Townhomes

    (224) 507-7450

    5 Parkway North Blvd, Deerfield, IL 60015
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    $8,000 Per Month

    • 4 Beds
    • 4.5 Baths
    • 4,969 Sq Ft
    • House for Rent

    2870 Duffy Ln, Riverwoods, IL 60015

    Private Gated Estate for Rent in Award-Winning D103 & SHS School Districts Rare opportunity to lease a private gated estate in the highly sought-after D103 and SHS school districts. This spacious home offers 4 bedrooms, 4.5 bathrooms, and a third-floor bonus room that can be used as a 5th bedroom, home office, guest suite, or recreation space. Set on beautifully landscaped grounds, the property

    Laurian Greenbury @properties Christie's International Real Estate

    2870 Duffy Ln, Riverwoods, IL 60015
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    $2,675 Per Month

    • 2 Beds
    • 2.5 Baths
    • 1,597 Sq Ft
    • Townhouse for Rent

    296 Tanager Ct, Deerfield, IL 60015

    Exceptional rental opportunity in desirable Park East! This spacious townhome offers a private entrance, attached garage, and thoughtfully updated interiors. The kitchen showcases rich cherry cabinetry, stone flooring & decorative backsplash. A bright, open-concept great room leads to a private deck for seamless indoor-outdoor living. The vaulted primary suite features an updated en-suite bath,

    AJ|Abhijit Leekha Property Economics Inc.

    296 Tanager Ct, Deerfield, IL 60015
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    $3,950 Per Month

    • 4 Beds
    • 2.5 Baths
    • 3,400 Sq Ft
    • House for Rent

    15 Dukes Ln, Lincolnshire, IL 60069

    A truly stunning Colonial home in a highly desirable neighborhood offering resort-like living at its finest! This beautifully maintained 4-bedroom, 2.5-bath home features fresh paint and solid hardwood floors throughout the main levels, including the elegant staircase. Additional highlights include a newer roof, newer water heater, and luxury vinyl plank flooring in the fully finished basement

    Chunlei Yang Same Height International LLC

    15 Dukes Ln, Lincolnshire, IL 60069
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    $5,900 Per Month

    • 3 Beds
    • 2.5 Baths
    • 2,633 Sq Ft
    • House for Rent

    31 Fox Trail, Lincolnshire, IL 60069

    Welcome to this 3-bedroom, 2.1 bath home nestled in the award-winning Stevenson High School District. Step inside to be embraced by the expansive and radiant living room, setting the tone for comfort and relaxation. Adjacent, the inviting family room boasts a fireplace, a convenient dry bar, and seamless access to the sunroom-an inviting space for natural light and tranquility. The bright

    Delgertsetse Nyamsuren RE/MAX Top Performers

    31 Fox Trail, Lincolnshire, IL 60069

Why Live in Riverwoods

Riverwoods, IL, is a unique community situated about 30 miles north of Downtown Chicago, offering a serene, forested environment amidst the typical suburban landscape. Homes here are nestled within dense woods, with driveways and cul-de-sacs branching off quiet, single-lane avenues. The area features a mix of modest midcentury ranch-style homes and luxury builds with diverse architectural styles, including French-style chateaus and modern farmhouses. The relaxed zoning policies allow for creative property designs, contributing to the distinctive character of Riverwoods. The Deerfield School District 109 serves the community, with highly rated schools such as Wilmot Elementary School, Caruso Middle School, and Deerfield High School, which offer robust academic programs and extracurricular activities. Residents enjoy proximity to nature with the Des Plaines River Trail and Edward L. Ryerson Conservation Area providing ample opportunities for hiking and biking. The Ravinia Green Country Club offers exclusive amenities like a state-of-the-art fitness center and a golf course. While Riverwoods lacks local programming, essential services and casual dining options are just a short drive away in Deerfield and Buffalo Grove. Commuters benefit from the nearby Deerfield Metra station and easy access to Interstate 94, making travel to Downtown Chicago and Chicago O’Hare International Airport convenient. Highland Park Hospital, located 6 miles east, provides emergency medical services. Riverwoods is safer than the national average, adding to its appeal as a tranquil yet accessible place to live.

Frequently Asked Questions

How much does it cost to rent a home in Riverwoods, IL?
The median rent for a home in Riverwoods, IL is $8,000 per month, though prices vary by neighborhood, size, and property type. As of June 2026, single-family homes tend to be the most affordable option.
How much do you need to make to afford rent in Riverwoods, IL?
To comfortably afford the median rent in Riverwoods, IL, a household needs to earn roughly $320,000 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 $8,000 per month in Riverwoods, IL, renters typically need to show $24,000 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 Riverwoods, IL?
In Riverwoods, IL, the price-to-rent ratio is 10.2, 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 Riverwoods, IL are best for renting a home?
The best neighborhood for renting in Riverwoods, IL depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Northeast Buffalo Grove, South Buffalo Grove, West Highland Park, Forest River and East Highland Park, each with its own character and price range.

Rental Trends in Riverwoods, IL

Rental Home Trends

Number of Homes for Rent
7
Median Rent
$8,000
Median Single Family Home Rent
$6,400
How to Rent a Home