Cheap Homes for Rent in Riverside, CA from $700 (18 Rentals)

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Riverside, CA Local Guide

Cheapest Neighborhoods for Apartments in Riverside, CA

Pricing Updated: 04/27/2025

Current apartment rentals in the Riverside, CA area range in price from $615 to $13,624 with an overall median price of $3,169. The three Riverside neighborhoods with the lowest median rent pricing are Outer San Bernadino at $1,195, Downtown Corona at $1,700, and Ward 2 at $1,100. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Riverside Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Outer San Bernadino$1,595$1,19510
Downtown Corona$1,700$1,7001
Ward 2$1,752$1,10020
Sunnyslope$1,795$1,1505
High School$1,850$1,1004
The Boulders$1,950$1,3754
Downtown San Bernardino$2,000$1,1005
Feldheym$2,000$1,1005
San Bernardino Amtrak Station$2,000$1,8003
East Highlands$2,125$1,8001

Cheapest Available Riverside Apartments for Rent

 

The cheapest available apartment rental in Riverside, CA is a 2 Beds unit found at Highlander at North Campus Student Housing in the University neighborhood priced from $789. Oasis Senior Villas in the Canyon Crest neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $883. Here is today’s list of the most affordable Riverside apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Highlander at North Campus Student Housing2x22BR,2BA$789
Oasis Senior Villas2x1-50%2BR,1BA$883
Garden Estate ApartmentsstudioStudio,1BA$1,150
Victoria SpringsWaitlist - 1 or 2 - bedroom1BR,1BA$1,350
Country Village ApartmentsShadow CreekStudio,1BA$1,370

Best Value Apartments for Rent in Riverside, CA

As of April 27, 2025 the best value apartment in the Riverside area is the $2.00 price per square foot 3x2B Model at LuxLiv Apartments in the in the La Sierra neighborhood starting from $3,295. The second greatest value Riverside apartment is the Rodeo Drive Model at Stella at Towngate starting at $2,569 with a $1.98 price per square foot in the Parkside at Towngate 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.
LuxLiv Apartments3x2B3BR,2BA$2.00
Stella at TowngateRodeo Drive3BR,2BA$1.98
Grand Terrace2x22BR,2BA$2.00
Presidential TownhomesSavannah2BR,2.5BA$2.06
Villas at TowngateB2A2BR,2BA$2.03
Baywood Villas ApartmentsVilla Bonita - Upstairs2BR,2BA$2.00
University Village Towers3 Bed 3 Bath3BR,3BA$1.29
Highlander at North Campus Student Housing2x2 Premium2BR,2BA$1.39
Bahama Palms1 BED 1 BATH APARTMENT1BR,1BA$2.06
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 1572 Apartments for Rent in Riverside, CA with pricing that ranges from $615 to $13,624. There are also 172 Single Family Homes for rent, Condos, and Townhome rentals currently available in Riverside ranging from $700 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 $700 to $10,500 with an average monthly rent of $3,348.

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 $615 to $13,624, 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.

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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.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

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Know Your Rights - How Discrimination Laws Impact Landlords and 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.

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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.