Cheap Apartments for Rent in the Downtown Riverside Neighborhood of Riverside, CA from $700 (9 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

close
View Me
Mount Rubidoux Manor
Studio to 1 Bedroom Apartments

Mount Rubidoux Manor

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

3851 Cedar Ave

3851 Cedar AveRiverside, CA 92501

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.

close
View Me
4314 University Ave
2 Bedroom Apartments

4314 University Ave

4314 University AveRiverside, CA 92501
  • Utilities Included
close
View Me
Breezewood Apartments
2 Bedroom Apartments

Breezewood Apartments

3893 Kirkwood AveRiverside, CA 92501
  • Utilities Included
close
View Me
Logan Pointe Apartments
1 to 3 Bedroom Apartments

Logan Pointe Apartments

5005 Tequesquite AveRiverside, CA 92501
  • 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.

close
View Me
Villas at Columbia
1 to 2 Bedroom Apartments

Villas at Columbia

3573 Columbia AveRiverside, CA 92501
  • Utilities Included

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. 4830 Palm Ave. has the second lowest priced unit, which is a Studio apartment currently listed from $1,525. Here are the most affordable Downtown Riverside apartments for rent in Riverside, CA:

Apartment ListingModel NameBed/BathPriced From
Oasis Senior Villas2x1-50%2BR,1BA$883
4830 Palm Ave.StudioStudio,1BA$1,525
Brookside Apartments1 BD1BR,1BA$1,605

Best Value Apartments for Rent in Downtown Riverside, CA

As of October 23, 2025 the best value apartment in the Downtown Riverside area is the $2.96 price per square foot C1 Model at MARK Riverside in the in the Eastside neighborhood starting from $3,980. The second greatest value Downtown Riverside apartment is the 3121 Mulberry St Model at 3121 Mulberry St, Unit B starting at $1,950 with a $2.12 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 ListingModel NameBed/BathPrice Per Sq.Ft.
MARK RiversideC13BR,2BA$2.96
3121 Mulberry St, Unit B3121 Mulberry St1BR,1BA$2.12
Raincross PromenadeA21BR,1BA$2.76
Centerpointe at MarketA11BR,1BA$2.49
The Woods Senior Living2BR/1.0BA2BR,1BA$2.80
Brookside Apartments1 BD1BR,1BA$2.14
Pine Village1 Bedroom 1 Bathroom1BR,1BA$2.49
Garden Springs 55+ Senior Apartments1A1BR,1BA$2.57
Bahama Palms1 BED 1 BATH APARTMENT1BR,1BA$2.77
Oasis Senior Villas1x1-60%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

Frequently Asked Questions about Cheap Downtown Riverside Apartments

What is the Cheapest Studio apartment in Downtown Riverside?

Currently the most affordable Cheap Studio Apartment in Downtown Riverside is at 4830 Palm Ave. listed at $1,525.

How much is rent for a Cheap One Bedroom Downtown Riverside Apartment?

The lowest price for a Cheap One Bedroom Downtown Riverside Apartment is $915 at Oasis Senior Villas.

What is the lowest price for a Cheap Two Bedroom Downtown Riverside Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Downtown Riverside is starting from $883 at Oasis Senior Villas.

What is the most affordable Downtown Riverside Three Bedroom Apartment?

The best deal on a cheap Downtown Riverside Three Bedroom Apartment rental is at Centerpointe at Market and starts from $3,095.

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.