Cheap Apartments for Rent in Riverside, CA from $500 (70 Rentals)

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Search the lowest-cost Apartments available for rent right now in Riverside.

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Geel Place
Studio to 2 Bedroom Apartments

Geel Place

3990 Reynolds RdRiverside, CA 92503
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Mount Rubidoux Manor
Studio to 1 Bedroom Apartments

Mount Rubidoux Manor

3993 10th StRiverside, CA 92501
Senior Living
  • Utilities Included
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3851 Cedar Ave
Studio to 2 Bedroom Apartments

3851 Cedar Ave

3851 Cedar AveRiverside, CA 92501
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1881 Loma Vista St
Studio to 3 Bedroom Apartments

1881 Loma Vista St

1881 Loma Vista StRiverside, CA 92507
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Olivewood Apartments
2 to 3 Bedroom Apartments

Olivewood Apartments

5530 Olivewood AveRiverside, CA 92506
  • Utilities Included

The Ultimate Local's Guide to Living in Riverside, CA

Planning a move to Riverside? Get a detailed look at the best neighborhoods—Mission Grove, Orangecrest, Canyon Crest, and La Sierra—plus tips on the commute, weather, and nearby vacation spots.

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Oasis Senior Villas
1 to 2 Bedroom Apartments

Oasis Senior Villas

2335 14th StRiverside, CA 92507
Senior Living
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Magnolia Arms
1 to 2 Bedroom Apartments

Magnolia Arms

7469 Magnolia AveRiverside, CA 92504
  • Utilities Included
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Las Palmas Apartments
1 to 2 Bedroom Apartments

Las Palmas Apartments

2052 W Linden StRiverside, CA 92507
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The Regent
1 to 2 Bedroom Apartments

The Regent

3553 Chicago AveRiverside, CA 92507
  • Utilities Included
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Vernon Apartments
Studio to 2 Bedroom Apartments

Vernon Apartments

7450 Mount Vernon StRiverside, CA 92504
  • Utilities Included
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4314 University Ave
2 Bedroom Apartments

4314 University Ave

4314 University AveRiverside, CA 92501
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Ranch Apartments
1 to 3 Bedroom Apartments

Ranch Apartments

3485 Jefferson StRiverside, CA 92504
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Canyon Oak Apartments
Studio to 2 Bedroom Apartments

Canyon Oak Apartments

5505 Canyon Crest DrRiverside, CA 92507
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Linden Manor
1 to 3 Bedroom Apartments

Linden Manor

1245 W Linden StRiverside, CA 92507
  • Utilities Included

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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3855 Stobbs Way
Studio to 1 Bedroom Apartments

3855 Stobbs Way

3859 Stobbs WayRiverside, CA 92509
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Vishnu Senior Ashram
1 Bedroom Apartments

Vishnu Senior Ashram

19647 Lonestar LnRiverside, CA 92508
Senior Living
  • Utilities Included
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Pine Garden Village
1 to 2 Bedroom Apartments

Pine Garden Village

11300 Magnolia AveRiverside, CA 92505
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Breezewood Apartments
2 Bedroom Apartments

Breezewood Apartments

3893 Kirkwood AveRiverside, CA 92501
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Sandalwood Apartments
2 Bedroom Apartments

Sandalwood Apartments

3522 Rubidoux BlvdRiverside, CA 92509
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Logan Pointe Apartments
1 to 3 Bedroom Apartments

Logan Pointe Apartments

5005 Tequesquite AveRiverside, CA 92501
  • Utilities Included

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Cape Cod Apartments
Studio to 3 Bedroom Apartments

Cape Cod Apartments

5360 Olivewood AveRiverside, CA 92506
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Giardini Bella
Studio to 2 Bedroom Apartments

Giardini Bella

7389 Magnolia AveRiverside, CA 92504
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Sunrise Apartments
1 to 2 Bedroom Apartments

Sunrise Apartments

6449 Rutland AveRiverside, CA 92503
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Harvill 3741
1 Bedroom Apartments

Harvill 3741

3741 Harvill LnRiverside, CA 92503
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Melrose Place
1 to 3 Bedroom Apartments

Melrose Place

4133 Melrose StRiverside, CA 92504

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Rancho Dorado South
2 to 3 Bedroom Apartments

Rancho Dorado South

25105 John F Kennedy DrMoreno Valley, CA 92551
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Four Seasons Apartments
Studio to 3 Bedroom Apartments

Four Seasons Apartments

551 E Laurel StColton, CA 92324
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Mission Palms Apartments
1 to 2 Bedroom Apartments

Mission Palms Apartments

5875 Mission BlvdJurupa Valley, CA 92509
  • Utilities Included

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.

Riverside, CA Local Guide

Photo of Justin Habersaat - Editing Staff
Written By:
Justin Habersaat
Editing Staff

Cheapest Neighborhoods for Apartments in Riverside, CA

Pricing Updated: 09/11/2026

Current apartment rentals in the Riverside, CA area range in price from $500 to $81,575 with an overall median price of $2,478. The three Riverside neighborhoods with the lowest median rent pricing are Sunnyslope at $1,225, DMV at $1,497, and Ward 2 at $1,497. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Riverside Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Sunnyslope$1,225$1,1502
DMV$1,497$1,15010
Ward 2$1,497$1,15010
Rana$1,499$1,4991
The Boulders$1,550$1,3758
Downtown San Bernardino$1,550$1,15010
High School$1,550$1,15010
Southridge$1,595$1,35041
Outer San Bernadino$1,595$1,2957
Jurupa Industrial Park$1,615$1,35049

Cheapest Available Riverside Apartments for Rent

 

The cheapest available apartment rental in Riverside, CA is a Studio unit found at Garden Estate Apartments in the Grand neighborhood priced from $1,150. Verano Terrace Apartments in the Palacio De Oro neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,300. Here is today’s list of the most affordable Riverside apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Garden Estate ApartmentsstudioStudio,1BA$1,150
Verano Terrace ApartmentsThe Coral1BR,1BA$1,300
River Run1 Bedroom 1 Bath1BR,1BA$1,328
Country Village ApartmentsShadow CreekStudio,1BA$1,350
PSHL Investment LLC1 Bedroom Type1BR,1BA$1,375
Waterman Apartmentswa-2x12BR,1BA$1,377
CENTREPOINTEStudioStudio,1BA$1,466
Emerald Pointe Apartments2 Bed 1.5 Bath2BR,1BA$1,495
Cottonwood Ranch1A1BR,1BA$1,500

Best Value Apartments for Rent in Riverside, CA

As of September 11, 2026 the best value apartment in the Riverside area is the $2.00 price per square foot 2x2 Model at Grand Terrace in the in the Reche Canyon neighborhood starting from $2,395. The second greatest value Riverside apartment is the Two Bedroom Two Bath Model at Highlander Park Apartments starting at $2,110 with a $2.05 price per square foot in the University 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.
Grand Terrace2x22BR,2BA$2.00
Highlander Park ApartmentsTwo Bedroom Two Bath2BR,2BA$2.05
15395 Sheila St, Unit Sheila Place15395 Sheila St2BR,1BA$2.00
Emerald Pointe Apartments2 Bed 1.5 Bath2BR,1.5BA$1.59
The Met Apartments2 Bedroom / 1 Bath Upstairs2BR,1BA$2.08
Village Green2 Bd, 1 Bath2BR,1BA$1.88
Crestmore Road2BR/1.0BA2BR,1BA$1.99
2915 6th St, Unit Apartment2915 6th St1BR,1BA$1.56
Waterman Apartmentswa-2x12BR,1BA$1.62
Verano Terrace ApartmentsThe Coral1BR,1BA$2.02

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Riverside Overview

Located a mere 60 miles from the mecca that is Los Angeles and known affectionately as the Inland Empire, Riverside is a diverse and exciting California locale brimming with opportunity. Known as the birthplace of the citrus industry, this sunny hot spot is flush with a growing economy and an ever-expanding residential base.

Why live in Riverside, CA?

From world glass shopping at the Galleria Tyler Mall to a a short commute to the job market of Hollywood, Riverside apartments have much to offer. Pleasant weather combined with the scenic beauty of those oh-so-famous orange trees yield a truly one-of-a-kind California destination, making Riverside ideal for families, working young professionals and college students alike.

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Riverside, CA Rentals by Map

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Riverside, CA Area Reviews

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Frequently Asked Questions about Cheap Riverside Apartments

What is a cheap apartment in Riverside?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Riverside is under $1,500.

What is the price of a cheap apartment in Riverside?

The cheapest apartment in Riverside is Garden Estate Apartments which is listed at $1,300, while the average apartment in Riverside costs $2,478.

What types of apartments are the cheapest in 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 685 regular apartments in 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 Riverside?

Cheap apartments in Riverside have an average cost of $648 which is $1,830 cheaper than the average rent for all rentals in Riverside.

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

decorative image for The Ultimate Locals Guide to Living in Riverside, CA article

The Ultimate Locals Guide to Living in Riverside, CA

Written by: Thomas Conroy

Riverside is a diverse Southern California city that is considered the centerpiece of Riverside County. It is located approximately 60 miles east of Los Angeles, and is the largest city of the Inland Empire.

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.