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Cheap Apartments for Rent in the Downtown Riverside Neighborhood of Riverside, CA from $600 (9 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Riverside area of Riverside.
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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
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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.
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Downtown Riverside, Riverside, CA Local Guide
History by Myron Hunt. is licensed under Public Domain
How much does it cost to rent an apartment in Downtown Riverside?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Riverside Studio Apartments | $2,029 | $1,920 | $2,197 |
| Downtown Riverside 1 Bedroom Apartments | $2,383 | $915 | $3,225 |
| Downtown Riverside 2 Bedroom Apartments | $2,950 | $883 | $3,765 |
| Downtown Riverside 3 Bedroom Apartments | $3,658 | $3,195 | $3,900 |
Browse Apartments in this Neighborhood
There are currently 9 rentals with your search options within a 2 mile radius of the Downtown Riverside Neighborhood of Riverside, CA.
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Cheapest Available Downtown Riverside Apartments for Rent
The cheapest available apartment rental in the Downtown Riverside area of Riverside, CA is a 2 Beds unit found at Oasis Senior Villas priced from $883. Bahama Palms has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,650. Here are the most affordable Downtown Riverside apartments for rent in Riverside, CA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Oasis Senior Villas | 2x1-50% | 2BR,1BA | $883 |
| Bahama Palms | 1 BED 1 BATH APARTMENT | 1BR,1BA | $1,650 |
| Garden Springs 55+ Senior Apartments | 1A | 1BR,1BA | $1,710 |
Best Value Apartments for Rent in Downtown Riverside, CA
As of July 15, 2025 the best value apartment in the Downtown Riverside area is the $1.63 price per square foot 3360 Fairmount Blvd Model at 3360 Fairmount Blvd, Unit B in the in the Eastside neighborhood starting from $2,200. The second greatest value Downtown Riverside apartment is the B1 Model at Raincross Promenade starting at $2,895 with a $2.27 price per square foot in the Eastside neighborhood. Here is today’s list of the best values for Downtown Riverside apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 3360 Fairmount Blvd, Unit B | 3360 Fairmount Blvd | 2BR,1BA | $1.63 |
| Raincross Promenade | B1 | 2BR,2BA | $2.27 |
| 3481 Columbia Ave | 3481 Columbia Ave | 1BR,1BA | $1.00 |
| Centerpointe at Market | A1 | 1BR,1BA | $2.49 |
| North Grove | A1 | 1BR,1BA | $3.07 |
| Bahama Palms | 1 BED 1 BATH APARTMENT | 1BR,1BA | $2.06 |
| Pine Village | 1 Bedroom 1 Bathroom | 1BR,1BA | $2.77 |
| Garden Springs 55+ Senior Apartments | 1A | 1BR,1BA | $2.57 |
| The Woods Senior Living | 1BR/1.0BA | 1BR,1BA | $3.02 |
| Oasis Senior Villas | 1x1-60% | 1BR,1BA | $1.74 |
Getting Around the Downtown Riverside Neighborhood in Riverside, CA
Walk Score®
83 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
66 / 100
Bikeable
Some bike infrastructure
Transit Score®
44 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Downtown Riverside Apartments
What is a cheap apartment in Downtown Riverside?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Riverside is under $2,199.
What is the price of a cheap apartment in Downtown Riverside?
The cheapest apartment in Downtown Riverside is Oasis Senior Villas which is listed at $915, while the average apartment in Downtown Riverside costs $3,695.
What types of apartments are the cheapest in Downtown 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 9 regular apartments in Downtown 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 Downtown Riverside?
Cheap apartments in Downtown Riverside have an average cost of $267 which is $3,428 cheaper than the average rent for all rentals in Downtown Riverside.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.