
Cheap Apartments for Rent in Riverside, CA from $500 (57 Rentals)
Search the lowest-cost Apartments available for rent right now in Riverside.


Total Monthly Price
5361 Sierra St, Unit C, Unit C

4937-4959 Olivewood Ave, Unit 4959 Olivewood Ave.

Tyler Springs Apartments for Seniors, 55 YRS+

6028 Stearns St

205 Waring Ave

Geel Place

Canyon Shadows Apartments

Mount Rubidoux Manor

3851 Cedar Ave
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.

1881 Loma Vista St

The Riverbrook Apartments

Olivewood Apartments

Magnolia Arms

Las Palmas Apartments

The Regent

Vernon Apartments

Cedar Glen Apartments

4314 University Ave

Ranch 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.

Las Colinas Apartments

Canyon Oak Apartments

Linden Manor

Pine Garden Village

Vishnu Senior Ashram

University Court

Keith Street Apartments

Breezewood Apartments

Orangeville Senior Living Apartments 55+

Sandalwood Apartments
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.

Raincross Apartments

Magnolia Gardens Senior Community

3855 Stobbs Way

Logan Pointe Apartments

13275 Brass Ring Ln, Unit B

13885 Camp Rock St

Garden Estate Apartments

Nova Pointe Apartments

26074 Bay Ave

13668 Amberview Pl
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.

Verano Terrace Apartments

Bloomington Grove - WAITLIST CLOSED

Rancho Dorado South

Four Seasons Apartments

Heritage Park Senior Apartments

Heritage Park Senior 55+

CORONA DE ORO

Rubidoux Villas

505 Wier Rd Apartments

Wier Park
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

How much does it cost to rent an apartment in Riverside?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Riverside Studio Apartments | $1,723 | $1,150 | $3,339 |
| Cheap Riverside 1 Bedroom Apartments | $2,085 | $800 | $3,280 |
| Cheap Riverside 2 Bedroom Apartments | $2,584 | $545 | $4,625 |
| Cheap Riverside 3 Bedroom Apartments | $3,015 | $515 | $5,200 |
| Cheap Riverside 4 Bedroom Apartments | $2,062 | $649 | $3,800 |
Browse Top Apartments in Riverside
See all Apartments in RiversideExplore Riverside

Riverside, CA Local Guide

- Riverside Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Riverside, CA
Pricing Updated: 04/27/2026Current 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:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Downtown Calimesa | $1,550 | $1,450 | 3 |
| DMV | $1,575 | $800 | 11 |
| Downtown San Bernardino | $1,575 | $800 | 7 |
| Ward 2 | $1,575 | $800 | 11 |
| Outer San Bernadino | $1,745 | $1,395 | 4 |
| Del Rosa | $1,795 | $1,395 | 11 |
| San Andreas | $1,805 | $1,395 | 34 |
| Northeast Sterling | $1,815 | $1,395 | 11 |
| Sterling | $1,815 | $1,395 | 12 |
| DRNAG | $1,840 | $800 | 48 |
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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Oasis Senior Villas | 2x1-50% | 2BR,1BA | $883 |
| Garden Estate Apartments | studio | Studio,1BA | $1,150 |
| Nova Pointe Apartments | 1x1 Deluxe Affordable | 1BR,1BA | $1,259 |
| Country Village Apartments | Shadow Creek | Studio,1BA | $1,415 |
| PSHL Investment LLC | 1 Bedroom Type | 1BR,1BA | $1,450 |
| Jurupa Royale | 1x1 | 1BR,1BA | $1,495 |
| Emerald Pointe Apartments | 2 Bed 1.5 Bath | 2BR,1BA | $1,495 |
| Brandon Place Senior | 2 Bedroom 2 Bath | 2BR,2BA | $1,498 |
| Sunnymead | Studio | Studio,1BA | $1,537 |
| Springbrook Park Apartments | 1BR/1.0BA | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 4960 Tyler St | 4 Bedroom 3 Bathroom | 4BR,3BA | $1.35 |
| 1417 Pennsylvania Ave, Unit 1417 | 1417 Pennsylvania Ave | 3BR,2BA | $1.88 |
| Grand Terrace | 2x2 | 2BR,2BA | $2.00 |
| The Lindy East & West Apartments | 2 Bed / 2 Bath - UPSTAIRS | 2BR,2BA | $1.90 |
| Stella at Towngate | Melrose | 2BR,1BA | $2.01 |
| Emerald Pointe Apartments | 2 Bed 1.5 Bath | 2BR,1.5BA | $1.59 |
| Village Green | 2 Bd, 1 Bath | 2BR,1BA | $1.88 |
| 21725 Dracaea Ave, Unit 1 | 21725 Dracaea Ave | 2BR,1BA | $2.03 |
| Springbrook Park Apartments | 1BR/1.0BA | 1BR,1BA | $1.94 |
| Oasis Senior Villas | 1x1-60% | 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.
Read ArticleDon'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 ArticleThe 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.
Read ArticleCash 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.
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 $1,549.
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

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.

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.

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.

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.