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Newest Homes for Rent in Riverwoods, IL

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  • 5 Parkway North Blvd, Deerfield, IL 60015
    5 Parkway North Blvd, Deerfield, IL 60015
    5 Parkway North Blvd, Deerfield, IL 60015
    /35

    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

    5 Parkway North Blvd, Deerfield, IL 60015
  • 15 Parkway North Blvd, Deerfield, IL 60015
    15 Parkway North Blvd, Deerfield, IL 60015
    15 Parkway North Blvd, Deerfield, IL 60015
    /50

    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

    15 Parkway North Blvd, Deerfield, IL 60015
  • 1525 Busch Pkwy, Buffalo Grove, IL 60089
    1525 Busch Pkwy, Buffalo Grove, IL 60089
    1525 Busch Pkwy, Buffalo Grove, IL 60089
    /35

    $2,099 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

    1525 Busch Pkwy, Buffalo Grove, IL 60089
  • 720 Thayer St Unit C1, Deerfield, IL 60015
    720 Thayer St Unit C1, Deerfield, IL 60015
    720 Thayer St Unit C1, Deerfield, IL 60015
    /8

    $5,650 Per Month

    • 3 Beds
    • 2.5 Baths
    • 1,971 Sq Ft
    • Apartment for Rent

    720 Thayer St Unit C1, Deerfield, IL 60015

    PARK5 is a brand-new collection of purpose-built rental townhomes in Deerfield, created for those who want the space, privacy, and quality of a single-family home without the responsibilities of ownership. Thoughtfully designed and impeccably finished, PARK5 redefines what it means to rent on the North Shore. Luxury one, two, and three-bedroom townhomes offer expansive interiors, private entrance

    Stephanie Malk Compass

    720 Thayer St Unit C1, Deerfield, IL 60015
  • 745 Hope St Unit C2, Deerfield, IL 60015
    745 Hope St Unit C2, Deerfield, IL 60015
    745 Hope St Unit C2, Deerfield, IL 60015
    /8

    $5,999 Per Month

    • 3 Beds
    • 2.5 Baths
    • 2,129 Sq Ft
    • Apartment for Rent

    745 Hope St Unit C2, Deerfield, IL 60015

    PARK5 is a brand-new collection of purpose-built rental townhomes in Deerfield, created for those who want the space, privacy, and quality of a single-family home without the responsibilities of ownership. Thoughtfully designed and impeccably finished, PARK5 redefines what it means to rent on the North Shore. Luxury one, two, and three-bedroom townhomes offer expansive interiors, private entrance

    Stephanie Malk Compass

    745 Hope St Unit C2, Deerfield, IL 60015
  • 2841 Orange Brace Rd, Riverwoods, IL 60015
    2841 Orange Brace Rd, Riverwoods, IL 60015
    2841 Orange Brace Rd, Riverwoods, IL 60015
    /31

    $9,500 Per Month

    • 6 Beds
    • 4.5 Baths
    • 4,850 Sq Ft
    • House for Rent

    2841 Orange Brace Rd, Riverwoods, IL 60015

    This property offers a tranquil home on 2 acres, minutes away from the city life. Smart layout offers space for entertainment, privacy, and everyday life. This home features a main floor primary suite, with attached sitting room, additional 5 bedrooms, 2 laundry facilities, 3 season room, 2 decks, front patio, ample parking, and most importantly -- beautiful nature unique to Riverwoods. Property

    Eugene Zaslavsky Magic Touch Real Estate, Inc.

    2841 Orange Brace Rd, Riverwoods, IL 60015
Illinois Lake County

Newest Homes for Rent in Riverwoods, IL

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 $9,500 per month, though prices vary by neighborhood, size, and property type. As of September 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 $380,000 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 $9,500 per month in Riverwoods, IL, renters typically need to show $28,500 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 9.0, 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 Riverwoods Country Club Estates, Northeast Buffalo Grove, South Buffalo Grove, Prairie Park-Lake County and Forest River, each with its own character and price range.

Rental Trends in Riverwoods, IL

There are currently 6 homes available for rent in Riverwoods, IL. The median rent is $9,500 per month, with single-family homes renting at $9,000.

Rental Home Trends

Number of Homes for Rent
6
Median Rent
$9,500
Median Single Family Home Rent
$9,000
How to Rent a Home

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