Cheap Apartments for Rent in the Downtown Riverside Neighborhood of Riverside, CA from $600 (8 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Riverside area of Riverside.
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Downtown Riverside, Riverside, CA Local Guide

How much does it cost to rent an apartment in Downtown Riverside?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Downtown Riverside Studio Apartments | $2,010 | $1,910 | $2,251 |
Downtown Riverside 1 Bedroom Apartments | $2,540 | $915 | $8,551 |
Downtown Riverside 2 Bedroom Apartments | $2,966 | $883 | $5,258 |
Downtown Riverside 3 Bedroom Apartments | $3,663 | $2,700 | $4,045 |
Browse Apartments in this Neighborhood
There are currently 8 rentals with your search options within a 2 mile radius of the Downtown Riverside Neighborhood of Riverside, CA.
See all Apartments in RiversideExplore Riverside
Cheapest Available Downtown Riverside Apartments for Rent
 The cheapest available apartment rental in the Downtown Riverside area of Riverside, CA is a 2 Beds unit found at Oasis Senior Villas priced from $883. Senior Apartments 62+ Catalina Gardens has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,450. Here are the most affordable Downtown Riverside apartments for rent in Riverside, CA:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Oasis Senior Villas | 2x1-50% | 2BR,1BA | $883 |
Senior Apartments 62+ Catalina Gardens | The Capri | 1BR,1BA | $1,450 |
Bahama Palms | 1 BED 1 BATH APARTMENT | 1BR,1BA | $1,650 |
Best Value Apartments for Rent in Downtown Riverside, CA
As of April 28, 2025 the best value apartment in the Downtown Riverside area is the $2.18 price per square foot Plan C - Downstairs Model at Canyon Crest Village Apartments in the in the Wood Streets neighborhood starting from $1,850. The second greatest value Downtown Riverside apartment is the 1 BED 1 BATH APARTMENT Model at Bahama Palms starting at $1,650 with a $2.06 price per square foot in the Grand neighborhood. Here is today’s list of the best values for Downtown Riverside apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Canyon Crest Village Apartments | Plan C - Downstairs | 2BR,1BA | $2.18 |
Bahama Palms | 1 BED 1 BATH APARTMENT | 1BR,1BA | $2.06 |
Raincross Promenade | A1 | 1BR,1BA | $2.77 |
North Grove | A4 | 1BR,1BA | $3.27 |
Pine Village | 1 Bedroom 1 Bathroom | 1BR,1BA | $2.77 |
Main+Nine | 1 Bedroom 4 | 1BR,1BA | $3.49 |
Senior Apartments 62+ Catalina Gardens | The Capri | 1BR,1BA | $2.24 |
The Woods Senior Living | 1BR/1.0BA | 1BR,1BA | $2.92 |
Highlander Pointe Apartments | 1 bed -1 bath 612 sq ft. | 1BR,1BA | $3.13 |
Oasis Senior Villas | 1x1-60% | 1BR,1BA | $1.74 |
Getting Around the Downtown Riverside Neighborhood in Riverside, CA
Walk Score®
83 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
66 / 100
Bikeable
Some bike infrastructure
Transit Score®
44 / 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.
Frequently Asked Questions about Cheap Downtown Riverside Apartments
What is a cheap apartment in Downtown Riverside?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Riverside is under $2,080.
What is the price of a cheap apartment in Downtown Riverside?
The cheapest apartment in Downtown Riverside is Oasis Senior Villas which is listed at $915, while the average apartment in Downtown Riverside costs $3,702.
What types of apartments are the cheapest in Downtown 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 8 regular apartments in Downtown 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 Downtown Riverside?
Cheap apartments in Downtown Riverside have an average cost of $476 which is $3,226 cheaper than the average rent for all rentals in Downtown 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.

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