
Cheap Apartments for Rent in Riverside, CA from $500 (70 Rentals)
Search the lowest-cost Apartments available for rent right now in Riverside.


Emerald Pointe Apartments

Total Monthly Price
2915 6th St, Unit Apartment

Geel Place

Mount Rubidoux Manor

Canyon Shadows Apartments

3851 Cedar Ave

1881 Loma Vista St

The Riverbrook Apartments

Olivewood Apartments
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.

Oasis Senior Villas

Magnolia Arms

Las Palmas Apartments

The Regent

Vernon Apartments

Cedar Glen Apartments

4314 University Ave

Ranch Apartments

Canyon Oak Apartments

Linden Manor
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.

3855 Stobbs Way

Vishnu Senior Ashram

Pine Garden Village

Keith Street Apartments

Breezewood Apartments

Orangeville Senior Living Apartments 55+

Raincross Apartments

Sandalwood Apartments

Las Colinas Apartments

Logan Pointe Apartments
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.

Cape Cod Apartments

Giardini Bella

Senior Apartments 62+ Catalina Gardens

Sunrise Apartments

Harvill 3741

Melrose Place

13275 Brass Ring Ln, Unit B

Garden Estate Apartments

Verano Terrace Apartments

Country Village Apartments
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.

23119 Donahue Ct

CENTREPOINTE

22863 Allies Pl

555 N La Cadena Dr

Cottonwood Ranch

Bloomington Grove - WAITLIST CLOSED

Rancho Dorado South

Four Seasons Apartments

Mission Palms Apartments

Heritage Park Senior Apartments
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

How much does it cost to rent an apartment in Riverside?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Riverside Studio Apartments | $1,901 | $1,150 | $3,899 |
| Cheap Riverside 1 Bedroom Apartments | $2,208 | $990 | $6,291 |
| Cheap Riverside 2 Bedroom Apartments | $2,707 | $545 | $10,000+ |
| Cheap Riverside 3 Bedroom Apartments | $3,197 | $500 | $5,200 |
| Cheap Riverside 4 Bedroom Apartments | $2,323 | $739 | $3,548 |
Browse Top Apartments in Riverside
See all Apartments in RiversideExplore Riverside

Riverside, CA Local Guide

- Riverside Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Neighborhoods for Apartments in Riverside, CA
Pricing Updated: 09/11/2026Current 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:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Sunnyslope | $1,225 | $1,150 | 2 |
| DMV | $1,497 | $1,150 | 10 |
| Ward 2 | $1,497 | $1,150 | 10 |
| Rana | $1,499 | $1,499 | 1 |
| The Boulders | $1,550 | $1,375 | 8 |
| Downtown San Bernardino | $1,550 | $1,150 | 10 |
| High School | $1,550 | $1,150 | 10 |
| Southridge | $1,595 | $1,350 | 41 |
| Outer San Bernadino | $1,595 | $1,295 | 7 |
| Jurupa Industrial Park | $1,615 | $1,350 | 49 |
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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Garden Estate Apartments | studio | Studio,1BA | $1,150 |
| Verano Terrace Apartments | The Coral | 1BR,1BA | $1,300 |
| River Run | 1 Bedroom 1 Bath | 1BR,1BA | $1,328 |
| Country Village Apartments | Shadow Creek | Studio,1BA | $1,350 |
| PSHL Investment LLC | 1 Bedroom Type | 1BR,1BA | $1,375 |
| Waterman Apartments | wa-2x1 | 2BR,1BA | $1,377 |
| CENTREPOINTE | Studio | Studio,1BA | $1,466 |
| Emerald Pointe Apartments | 2 Bed 1.5 Bath | 2BR,1BA | $1,495 |
| Cottonwood Ranch | 1A | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Grand Terrace | 2x2 | 2BR,2BA | $2.00 |
| Highlander Park Apartments | Two Bedroom Two Bath | 2BR,2BA | $2.05 |
| 15395 Sheila St, Unit Sheila Place | 15395 Sheila St | 2BR,1BA | $2.00 |
| Emerald Pointe Apartments | 2 Bed 1.5 Bath | 2BR,1.5BA | $1.59 |
| The Met Apartments | 2 Bedroom / 1 Bath Upstairs | 2BR,1BA | $2.08 |
| Village Green | 2 Bd, 1 Bath | 2BR,1BA | $1.88 |
| Crestmore Road | 2BR/1.0BA | 2BR,1BA | $1.99 |
| 2915 6th St, Unit Apartment | 2915 6th St | 1BR,1BA | $1.56 |
| Waterman Apartments | wa-2x1 | 2BR,1BA | $1.62 |
| Verano Terrace Apartments | The Coral | 1BR,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.
Read ArticleNavigating 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.
Read ArticleReal 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.
Read ArticleQuick Rent Budget Calculator
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.
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
See the most popular apartments and homes in Riverside, CA
Riverside, CA Area Reviews
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

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.

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.

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.

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.