Cheap Apartments for Rent in Riverside, CA from $500 (57 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

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.

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1881 Loma Vista St
Studio to 3 Bedroom Apartments

1881 Loma Vista St

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

Olivewood Apartments

5530 Olivewood AveRiverside, CA 92506
  • Utilities Included
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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
  • Utilities Included
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The Regent
1 to 2 Bedroom Apartments

The Regent

3553 Chicago AveRiverside, CA 92507
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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
  • Utilities Included
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Ranch Apartments
1 to 3 Bedroom Apartments

Ranch Apartments

3485 Jefferson StRiverside, CA 92504
  • Utilities Included

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.

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Canyon Oak Apartments
Studio to 2 Bedroom Apartments

Canyon Oak Apartments

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

Linden Manor

1245 W Linden StRiverside, CA 92507
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Pine Garden Village
1 to 2 Bedroom Apartments

Pine Garden Village

11300 Magnolia AveRiverside, CA 92505
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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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University Court
1 to 3 Bedroom Apartments

University Court

1415-1421 7th StRiverside, CA 92507
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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
  • Utilities Included

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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3855 Stobbs Way
Studio to 1 Bedroom Apartments

3855 Stobbs Way

3859 Stobbs WayRiverside, CA 92509
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Logan Pointe Apartments
1 to 3 Bedroom Apartments

Logan Pointe Apartments

5005 Tequesquite AveRiverside, CA 92501
  • Utilities Included
property at 26074 Bay Ave

$1,295 - $1,895

Studio To 2 Bedroom Rentals

Available Now

26074 Bay Ave

Moreno ValleyCA92555

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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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
  • Utilities Included
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Heritage Park Senior 55+
1 to 2 Bedroom Apartments

Heritage Park Senior 55+

303 W Merrill AveRialto, CA 92376
Senior Living
  • Utilities Included
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CORONA DE ORO
2 to 3 Bedroom Apartments

CORONA DE ORO

680 W 2nd StCorona, CA 92882
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Rubidoux Villas
1 Bedroom Apartments

Rubidoux Villas

3183 Rubidoux BlvdJurupa Valley, CA 92509
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505 Wier Rd Apartments
1 to 2 Bedroom Apartments

505 Wier Rd Apartments

505 Wier RdSan Bernardino, CA 92408
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Wier Park
1 to 2 Bedroom Apartments

Wier Park

2605-2619 Flint WaySan Bernardino, CA 92408
  • Utilities Included

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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: 04/27/2026

Current apartment rentals in the Riverside, CA area range in price from $515 to $5,669 with an overall median price of $3,030. The three Riverside neighborhoods with the lowest median rent pricing are Downtown Calimesa at $1,450, DMV at $800, and Downtown San Bernardino at $800. 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$1,550$1,4503
DMV$1,575$80011
Downtown San Bernardino$1,575$8007
Ward 2$1,575$80011
Outer San Bernadino$1,745$1,3954
Del Rosa$1,795$1,39511
San Andreas$1,805$1,39534
Northeast Sterling$1,815$1,39511
Sterling$1,815$1,39512
DRNAG$1,840$80048

Cheapest Available Riverside Apartments for Rent

 

The cheapest available apartment rental in Riverside, CA is a 2 Beds unit found at Oasis Senior Villas in the Canyon Crest neighborhood priced from $883. Garden Estate Apartments in the Grand neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,150. Here is today’s list of the most affordable Riverside apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Oasis Senior Villas2x1-50%2BR,1BA$883
Garden Estate ApartmentsstudioStudio,1BA$1,150
Nova Pointe Apartments1x1 Deluxe Affordable1BR,1BA$1,259
Country Village ApartmentsShadow CreekStudio,1BA$1,415
PSHL Investment LLC1 Bedroom Type1BR,1BA$1,450
Jurupa Royale1x11BR,1BA$1,495
Emerald Pointe Apartments2 Bed 1.5 Bath2BR,1BA$1,495
Brandon Place Senior2 Bedroom 2 Bath2BR,2BA$1,498
SunnymeadStudioStudio,1BA$1,537
Springbrook Park Apartments1BR/1.0BA1BR,1BA$1,549

Best Value Apartments for Rent in Riverside, CA

As of April 27, 2026 the best value apartment in the Riverside area is the $1.35 price per square foot 4 Bedroom 3 Bathroom Model at 4960 Tyler St in the in the La Sierra neighborhood starting from $3,200. The second greatest value Riverside apartment is the 1417 Pennsylvania Ave Model at 1417 Pennsylvania Ave, Unit 1417 starting at $2,450 with a $1.88 price per square foot in the Rana 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.
4960 Tyler St4 Bedroom 3 Bathroom4BR,3BA$1.35
1417 Pennsylvania Ave, Unit 14171417 Pennsylvania Ave3BR,2BA$1.88
Grand Terrace2x22BR,2BA$2.00
The Lindy East & West Apartments2 Bed / 2 Bath - UPSTAIRS2BR,2BA$1.90
Stella at TowngateMelrose2BR,1BA$2.01
Emerald Pointe Apartments2 Bed 1.5 Bath2BR,1.5BA$1.59
Village Green2 Bd, 1 Bath2BR,1BA$1.88
21725 Dracaea Ave, Unit 121725 Dracaea Ave2BR,1BA$2.03
Springbrook Park Apartments1BR/1.0BA1BR,1BA$1.94
Oasis Senior Villas1x1-60%1BR,1BA$1.74

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Quick 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.

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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 $1,549.

What is the price of a cheap apartment in Riverside?

The cheapest apartment in Riverside is Oasis Senior Villas which is listed at $915, while the average apartment in Riverside costs $3,030.

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 915 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 $427 which is $2,603 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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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.