
Cheap Apartments for Rent in the Riverlakes Neighborhood of Bakersfield, CA from $500 (3 Rentals)
Search the lowest-cost Apartments available for rent right now in the Riverlakes area of Bakersfield.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Pineview Apartments
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.

Rosedale Arms Apartments
Riverlakes, Bakersfield, CA Local Guide

How much does it cost to rent an apartment in Riverlakes?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Riverlakes Studio Apartments | $883 | $883 | $883 |
| Riverlakes 1 Bedroom Apartments | $1,497 | $823 | $1,995 |
| Riverlakes 2 Bedroom Apartments | $1,922 | $1,184 | $2,420 |
| Riverlakes 3 Bedroom Apartments | $2,240 | $1,850 | $2,620 |
Browse Apartments in this Neighborhood
There are currently 3 rentals with your search options within a 2 mile radius of the Riverlakes Neighborhood of Bakersfield, CA.
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Best Value Apartments for Rent in Riverlakes, CA
As of July 09, 2026 the best value apartment in the Riverlakes area is the $1.43 price per square foot The Sequoia Model at Oak Park in the in the Fruitvale neighborhood starting from $2,230. The second greatest value Riverlakes apartment is the 2 Bedroom 2 Bath (S) Model at The Grove Apartments starting at $1,800 with a $1.54 price per square foot in the Polo Grounds neighborhood. Here is today’s list of the best values for Riverlakes apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Oak Park | The Sequoia | 3BR,2BA | $1.43 |
| The Grove Apartments | 2 Bedroom 2 Bath (S) | 2BR,2BA | $1.54 |
| The Villas at Scenic River, A 55+ Community | The Mondavi | 2BR,2BA | $1.93 |
| The Place Off Coffee | Two Bedroom 2 Bath | 2BR,2BA | $1.81 |
| Harmony Court | 2x1 | 2BR,1BA | $1.69 |
| Springwood Court | Great Location! | Studio ,1BA | $2.21 |
| WoodSpring Apartments | One bedroom | 1BR,1BA | $3.44 |
Frequently Asked Questions about Cheap Riverlakes Apartments
What is the price of a cheap apartment in Riverlakes?
The cheapest apartment in Riverlakes is Springwood Court which is listed at $922, while the average apartment in Riverlakes costs $2,250.
What types of apartments are the cheapest in Riverlakes?
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 3 regular apartments in Riverlakes 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 Riverlakes?
Cheap apartments in Riverlakes have an average cost of $522 which is $1,728 cheaper than the average rent for all rentals in Riverlakes.
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

A Bakersfield Local Expert's Top 10 Affordable Neighborhoods in Bakersfield, CA
Written by: Shannon Hilson
If you’re moving to California’s magical Central Coast and looking for a place to land that strikes a great balance between affordability and access, make sure you don’t sleep on Bakersfield.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.