At $1,233/mo, rent takes about 37% of the local median household income, slightly above the 30% benchmark.
Rent by unit size
These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,233 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.
Source: HUD Small Area Fair Market Rents. Read the methodology →
12-month history
Last updated: October 17, 2026
What the numbers show
30% of the median household income ($39,833) is $996 a month. That is less than HUD's Fair Market Rent for a studio ($1,190).
From Zillow's monthly rent index (ZORI) for Riverdale. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.
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Who lives here
Riverdale, IL is roughly split between renters and owners, has a large share of families with children, has a median income below the national average, 17% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Riverdale, IL has changed in 5 years
Household income in the area moved from $38,233 to $39,833 across the same window, up 4.2% versus 2021. Headcount in the area went from 10,909 to 10,340 between 2021 and 2024, a 5.2% change. About 48.5% of households rent today, against 54.6% in 2021.
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Can you afford rent in Riverdale on your salary?
At $1,233/mo, how Riverdale rent compares to typical pay (30% rule).
Riverdale rent by bedroom count
Median rent for each apartment size in Riverdale. Click any size for full breakdown.
Tips for renters in Riverdale
Last updated: October 17, 2026
The median rent in Riverdale is $1,233/mo as of October 2026. A studio apartment averages $1,190/mo while a 2-bedroom runs $1,440/mo. One-bedroom apartments average $1,280/mo and 3-bedroom units go for $1,850/mo.
At 37% of local median household income ($39,833/yr), Riverdale ranks as moderate compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.
Frequently asked questions
How much income do you need to rent in Riverdale?
Is rent going up or down in Riverdale?
How does Riverdale rent compare to other cities in Illinois?
At $1,233/mo, rent takes ~37% of Riverdale's median household income ($39,833/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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