Cheap Homes for Rent in Riverside, CA from $800 (18 Rentals)

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property at 5720 Walter St

5720 Walter St

RiversideCA92504

Riverside, CA Local Guide

Cheapest Neighborhoods for Apartments in Riverside, CA

Pricing Updated: 04/06/2025

Current apartment rentals in the Riverside, CA area range in price from $465 to $13,793 with an overall median price of $3,122. The three Riverside neighborhoods with the lowest median rent pricing are Downtown Calimesa at $1,375, Rana at $1,495, and Outer San Bernadino at $1,195. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Riverside Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Downtown Calimesa$1,375$1,3751
Rana$1,495$1,4951
Outer San Bernadino$1,595$1,19512
Pacific$1,700$1,7001
Sunnyslope$1,795$1,1505
The Boulders$1,950$1,3752
Bellafina$1,995$1,9951
La Sierra Hills$2,095$2,0951
East Highlands$2,100$1,8002
Cooley Ranch$2,130$1,45068

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 ListingModel NameBed/BathPriced From
University Riverside GardensPRE LEASE FOR FALL 2025 - 1/2 OFF FIRST MONTH ...3BR,2BA$465
Highlander at North Campus Student Housing2x22BR,2BA$779
Oasis Senior Villas2x1-50%2BR,1BA$883
Waterman Apartmentswa-1x11BR,1BA$1,060
River Run1 Bed 1 Bath1BR,1BA$1,098

Best Value Apartments for Rent in Riverside, CA

As of April 07, 2025 the best value apartment in the Riverside area is the $2.06 price per square foot Savannah Model at Presidential Townhomes in the in the Ramona neighborhood starting from $2,200. The second greatest value Riverside apartment is the 10918 Rincon St Model at 10918 Rincon St, Unit 10914 starting at $1,950 with a $1.95 price per square foot in the Ward 3 neighborhood. Here is today’s list of the best values for Riverside apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Presidential TownhomesSavannah2BR,2.5BA$2.06
10918 Rincon St, Unit 1091410918 Rincon St2BR,1BA$1.95
Arlington GardensTwo Bedroom Upstairs2BR,2BA$2.03
University Village Towers3 Bed 3 Bath3BR,3BA$1.29
3063 Elgin Dr, Unit C3063 Elgin Dr2BR,1.5BA$1.82
Highlander at North Campus Student Housing2x2 Premium2BR,2BA$1.38
Victoria SpringsWaitlist - 1 or 2 - bedroom1BR,1BA$1.80
Waterman Apartmentswa-1x11BR,1BA$1.57
River Run1 Bed 1 Bath1BR,1BA$1.92
Oasis Senior Villas1x1-60%1BR,1BA$1.74

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Riverside, CA Area Reviews

  • Cost of Living

Frequently Asked Questions about Riverside

What type of rentals are currently available in Riverside?

There are currently 1564 Apartments for Rent in Riverside, CA with pricing that ranges from $465 to $13,793. There are also 178 Single Family Homes for rent, Condos, and Townhome rentals currently available in Riverside ranging from $850 to $10,500.

What is the current price range for Rental Homes in Riverside?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Riverside ranges from $850 to $10,500 with an average monthly rent of $3,045.

How much are larger Three and Four Bedroom Rentals in Riverside?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Riverside range from $465 to $13,793, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,100 to $7,500. Four Bedroom Single-Family rentals are also available starting from $2,500 and Four Bedroom Apartments start at $960.

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

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.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

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.

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How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.