Cheap Apartments for Rent in Riverside, CA from $300 (30 Rentals)
Search the lowest-cost Apartments available for rent right now in Riverside.

3907 Chestnut St
Riverside, CA Local Guide

How much does it cost to rent an apartment in Riverside?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Cheap Riverside Studio Apartments | $1,727 | $1,000 | $3,842 |
Cheap Riverside 1 Bedroom Apartments | $2,245 | $835 | $8,551 |
Cheap Riverside 2 Bedroom Apartments | $2,691 | $660 | $7,809 |
Cheap Riverside 3 Bedroom Apartments | $3,460 | $465 | $10,000+ |
Cheap Riverside 4 Bedroom Apartments | $2,487 | $960 | $3,800 |
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Riverside, CA Local Guide

- Riverside Neighborhoods
- Nearby Cities
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Cheapest Neighborhoods for Apartments in Riverside, CA
Pricing Updated: 04/16/2025Current apartment rentals in the Riverside, CA area range in price from $465 to $13,553 with an overall median price of $3,251. The three Riverside neighborhoods with the lowest median rent pricing are Rana at $1,495, Outer San Bernadino at $1,195, and Downtown Corona at $1,700. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Riverside Apartments for rent:
Neighborhood | Median Price | Min Price | Available Units |
---|---|---|---|
Rana | $1,495 | $1,495 | 1 |
Outer San Bernadino | $1,595 | $1,195 | 10 |
Downtown Corona | $1,700 | $1,700 | 1 |
Pacific | $1,700 | $1,700 | 1 |
Ward 2 | $1,700 | $1,190 | 16 |
Sunnyslope | $1,795 | $1,150 | 4 |
High School | $1,900 | $1,295 | 3 |
The Boulders | $1,950 | $1,375 | 2 |
Downtown San Bernardino | $2,000 | $1,295 | 4 |
Feldheym | $2,000 | $1,295 | 5 |
Cheapest Available Riverside Apartments for Rent
The cheapest available apartment rental in Riverside, CA is a 3 Beds unit found at University Riverside Gardens in the University neighborhood priced from $465. Highlander at North Campus Student Housing in the University neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $779. Here is today’s list of the most affordable Riverside apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
University Riverside Gardens | PRE LEASE FOR FALL 2025 - 1/2 OFF FIRST MONTH ... | 3BR,2BA | $465 |
Highlander at North Campus Student Housing | 2x2 | 2BR,2BA | $779 |
Oasis Senior Villas | 2x1-50% | 2BR,1BA | $883 |
Annex on Chicago | 1 Bed 1 Bath for Lease ONLY $1800 - Available SOON | 1BR,1BA | $928 |
Waterman Apartments | wa-1x1 | 1BR,1BA | $1,060 |
Garden Estate Apartments | studio | Studio,1BA | $1,150 |
Country Village Apartments | Shadow Creek | Studio,1BA | $1,320 |
Las Brisas Apartments | Studio | Studio,1BA | $1,324 |
Victoria Springs | Waitlist - 1 or 2 - bedroom | 1BR,1BA | $1,350 |
Senior Apartments 62+ Catalina Gardens | The Capri | 1BR,1BA | $1,450 |
Best Value Apartments for Rent in Riverside, CA
As of April 16, 2025 the best value apartment in the Riverside area is the $2.00 price per square foot 2x2 Model at Grand Terrace in the in the Reche Canyon neighborhood starting from $2,395. The second greatest value Riverside apartment is the (4112) 2bd/1ba - Deluxe Model at Melrose Place Apartments starting at $2,050 with a $1.86 price per square foot in the Ramona neighborhood. Here is today’s list of the best values for Riverside apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Grand Terrace | 2x2 | 2BR,2BA | $2.00 |
Melrose Place Apartments | (4112) 2bd/1ba - Deluxe | 2BR,1BA | $1.86 |
10918 Rincon St, Unit 10914 | 10918 Rincon St | 2BR,1BA | $1.95 |
University Village Towers | 3 Bed 3 Bath | 3BR,3BA | $1.29 |
3063 Elgin Dr, Unit C | 3063 Elgin Dr | 2BR,1.5BA | $1.82 |
Highlander at North Campus Student Housing | 2x2 Premium | 2BR,2BA | $1.38 |
Annex on Chicago | 1 Bed 1 Bath for Lease ONLY $1800 - Available SOON | 1BR,1BA | $1.16 |
Victoria Springs | Waitlist - 1 or 2 - bedroom | 1BR,1BA | $1.80 |
Waterman Apartments | wa-1x1 | 1BR,1BA | $1.57 |
Oasis Senior Villas | 1x1-60% | 1BR,1BA | $1.74 |
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Riverside Overview
Located a mere 60 miles from the mecca that is Los Angeles and known affectionately as the Inland Empire, Riverside is a diverse and exciting California locale brimming with opportunity. Known as the birthplace of the citrus industry, this sunny hot spot is flush with a growing economy and an ever-expanding residential base.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Riverside, CA Rentals by Map
See the most popular apartments and homes in Riverside, CA
Why live in Riverside, CA?
From world glass shopping at the Galleria Tyler Mall to a a short commute to the job market of Hollywood, Riverside apartments have much to offer. Pleasant weather combined with the scenic beauty of those oh-so-famous orange trees yield a truly one-of-a-kind California destination, making Riverside ideal for families, working young professionals and college students alike.
Riverside, CAPopulation: 330,063
Ranked #58
in US Census Population by City
Pet Friendly LifestyleRiverside, CA
Ranked #36
Among cities in California for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Getting Around Riverside, CA
Walk Score®
54 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
53 / 100
Bikeable
Some bike infrastructure
Transit Score®
29 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Riverside, CA Area Reviews
Frequently Asked Questions about Cheap Riverside Apartments
What is a cheap apartment in Riverside?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Riverside is under $1,450.
What is the price of a cheap apartment in Riverside?
The cheapest apartment in Riverside is Oasis Senior Villas which is listed at $915, while the average apartment in Riverside costs $3,251.
What types of apartments are the cheapest in Riverside?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 2,971 regular apartments in Riverside that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Riverside?
Cheap apartments in Riverside have an average cost of $594 which is $2,657 cheaper than the average rent for all rentals in Riverside.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

Know Your Rights - How Discrimination Laws Impact Landlords & Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.