
Cheap Homes for Rent in Downtown Riverside Neighborhood of Riverside, CA from $700 (4 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Riverside area of Riverside.


3342 Eucalyptus Ave
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

2374 Mission Inn Ave

2360 6th St
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
Downtown Riverside, Riverside, CA Local Guide

How much does it cost to rent a home in Downtown Riverside?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Riverside 2 Bedroom Homes for Rent | $2,662 | $2,150 | $3,200 |
| Downtown Riverside 3 Bedroom Homes for Rent | $2,795 | $2,295 | $3,195 |
| Downtown Riverside 4 Bedroom Homes for Rent | $3,495 | $3,495 | $3,495 |
| Downtown Riverside 5 Bedroom Homes for Rent | $10,500 | $10,000 | $10,000+ |
Browse Homes for Rent in this Neighborhood
There are currently 4 rentals with your search options within a 2 mile radius of the Downtown Riverside Neighborhood of Riverside, CA.
Explore Riverside
Best Value Apartments for Rent in Downtown Riverside, CA
As of December 19, 2025 the best value apartment in the Downtown Riverside area is the $2.28 price per square foot 2BD Loft/ 2.0BA Model at Villas at Columbia in the in the University neighborhood starting from $2,355. The second greatest value Downtown Riverside apartment is the 2 Bedroom 2 Bathroom Model at Pine Village starting at $2,170 with a $2.32 price per square foot in the Wood Streets 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. |
|---|---|---|---|
| Villas at Columbia | 2BD Loft/ 2.0BA | 2BR,2BA | $2.28 |
| Pine Village | 2 Bedroom 2 Bathroom | 2BR,2BA | $2.32 |
| Raincross Promenade | A2 | 1BR,1BA | $2.76 |
| Centerpointe at Market | A1 | 1BR,1BA | $2.49 |
| Brookside Apartments | 1 BD | 1BR,1BA | $2.14 |
| Park Village Apartment Homes- Riverside, CA | 2bd/1ba - Premium | 2BR,1BA | $2.86 |
| Garden Springs 55+ Senior Apartments | 1A | 1BR,1BA | $2.57 |
| The Woods Senior Living | 1BR/1.0BA | 1BR,1BA | $2.97 |
| Oasis Senior Villas | 1x1-60% | 1BR,1BA | $1.74 |
| 4830 Palm Ave. | Studio | Studio ,1BA | $3.05 |
Frequently Asked Questions about Downtown Riverside
What type of rentals are currently available in Downtown Riverside?
There are currently 162 Apartments for Rent in Downtown Riverside, CA with pricing that ranges from $883 to $4,685. There are also 23 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Riverside ranging from $700 to $10,500.
What is the current price range for Rental Homes in Downtown Riverside?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Riverside ranges from $700 to $10,500 with an average monthly rent of $3,710.
Expert Rental Resources
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.
Articles, How-To's, and Tips

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.