Cheap Apartments for Rent in the Downtown Riverside Neighborhood of Riverside, CA from $700 (8 Rentals)

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

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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

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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4314 University Ave
2 Bedroom Apartments

4314 University Ave

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

Breezewood Apartments

3893 Kirkwood AveRiverside, CA 92501
  • Utilities Included
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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

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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. The Woods Senior Living has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,825. 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
The Woods Senior Living1BR/1.0BA1BR,1BA$1,825
Garden Springs 55+ Senior Apartments2A2BR,1BA$1,995

Best Value Apartments for Rent in Downtown Riverside, CA

As of February 05, 2026 the best value apartment in the Downtown Riverside area is the $2.28 price per square foot 2BD Loft/ 2.0BA Model at Villas at Columbia in the in the University neighborhood starting from $2,355. The second greatest value Downtown Riverside apartment is the 2 Bedroom 2 Bathroom Model at Pine Village starting at $2,170 with a $2.32 price per square foot in the Wood Streets 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.
Villas at Columbia2BD Loft/ 2.0BA2BR,2BA$2.28
Pine Village2 Bedroom 2 Bathroom2BR,2BA$2.32
Garden Springs 55+ Senior Apartments2A2BR,1BA$2.22
Main+Nine1 Bedroom 21BR,1BA$2.90
Centerpointe at MarketA31BR,1BA$2.82
4156 11th St, Unit 41564156 11th St2BR,2BA$2.93
4215 11th St, Unit 42154215 11th St2BR,1BA$2.53
Park Village Apartment Homes- Riverside, CA2bd/1ba - Premium2BR,1BA$2.86
The Woods Senior Living1BR/1.0BA1BR,1BA$2.97
Oasis Senior Villas1x1-60%1BR,1BA$1.74

Frequently Asked Questions about Cheap Downtown Riverside Apartments

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 North Grove and starts from $3,675.

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

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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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.