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Riverwoods, IL Townhomes for Rent

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    $2,150 Per Month

    • 2 Beds
    • 2.5 Baths
    • 1,386 Sq Ft
    • Townhouse for Rent

    373 Goshawk Ln Unit 203, Deerfield, IL 60015

    Beautiful townhome in the highly desirable Park East subdivision within the toprated Stevenson High School district. This spacious rental features an open firstfloor layout with a fireplace, breakfast bar, half bath, and combined living/dining area. Step out to your private patio and enjoy peaceful pond views. The second floor offers two generously sized bedrooms, each with its own ensuite full

    Stephany Oliveros Real Broker LLC

    373 Goshawk Ln Unit 203, Deerfield, IL 60015
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    $3,650 Per Month

    • 2 Beds
    • 2.5 Baths
    • 1,770 Sq Ft
    • Townhouse for Rent

    805 Suffield Square, Lincolnshire, IL 60069

    WOW! Bright and Beautiful 2 Bedroom 2.5 Bathroom townhome with a nicely finished basement is available for RENT on August 1st!! This spacious townhome has a den on the 1st floor that can be used as a bedroom and is located in a culdesac, in the award winning Stevenson High School, Laura Sprage Elementary School and Daniel Wright Middle School. A desirable open-concept kitchen and dining area

    Penelope Stratigos Berkshire Hathaway HomeServices Chicago

    805 Suffield Square, Lincolnshire, IL 60069

Frequently Asked Questions

How much does it cost to rent a townhouse in Riverwoods, IL?
The median rent for a townhouse in Riverwoods, IL is $9,500 per month, though prices vary by neighborhood, size, and property type. As of August 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 9.4, 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.
How to Rent a Home