3907 Chestnut St
RiversideCA92501
Cheap Apartments for Rent in the Downtown Riverside Neighborhood of Riverside, CA from $700 (28 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Riverside area of Riverside.
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$1,720 - $1,9951 to 2 Bedroom Apartments Available Now
Garden Springs 55+ Senior Apartments
3745 Strong StRiverside, CA 92501
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$1,725 - $2,6501 to 3 Bedroom Apartments Available Now
Palm Vista
4830 Palm AveRiverside, CA 92501
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$1,750 - $2,500
Total Monthly Price
Studio to 2 Bedroom Apartment Available NowTotal Monthly Price
Base Rent
$1,750 - $2,500
Total Monthly Price
$1,750 - $2,500
3867 5th St
3867 5th StRiverside, CA 92501
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Rent Specials
$1,795 - $5,0741 to 2 Bedroom Apartments Available Now
Pine Village
4555 Pine StRiverside, CA 92501
4373 12th St
RiversideCA92501
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$1,895 - $1,9651 Bedroom Apartments Available Now
The Woods Senior Living
4800 Palm AveRiverside, CA 92501
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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Rent Specials
$1,950 - $2,2951 to 2 Bedroom Apartments Available Sep 1
Villas at Columbia
3573 Columbia AveRiverside, CA 92501
3036 Lemon St
RiversideCA92501
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Rent Specials
$1,990 - $2,630Studio to 2 Bedroom Apartments Available Now
Mission Lofts
3050 Mission Inn AveRiverside, CA 92507
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Rent Specials
$2,091 - $3,295Studio to 2 Bedroom Apartments Available Now
Imperial Hardware Lofts
3750 Main StRiverside, CA 92501
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$2,155 - $3,1951 to 3 Bedroom Apartments Available Now
Centerpointe at Market
3145 Market StRiverside, CA 92501
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Rent Specials
$2,197 - $3,650Studio to 3 Bedroom Apartments Available Now
MARK Riverside
3777 Mission Inn AveRiverside, CA 92501
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$2,314 - $3,4381 to 3 Bedroom Apartments Available Now
North Grove
3461 La Cadena DrRiverside, CA 92501
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
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$2,395 - $3,6451 to 3 Bedroom Apartments Available Now
Raincross Promenade
3250 Market StRiverside, CA 92501
3034 Lemon St
RiversideCA92501
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Studio to 1 Bedroom Apartments
Mount Rubidoux Manor
3993 10th StRiverside, CA 92501
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Studio to 2 Bedroom Apartments
3851 Cedar Ave
3851 Cedar AveRiverside, CA 92501
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1 to 2 Bedroom Apartments
Oasis Senior Villas
2335 14th StRiverside, CA 92507
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2 Bedroom Apartments
4314 University Ave
4314 University AveRiverside, CA 92501
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2 Bedroom Apartments
Breezewood Apartments
3893 Kirkwood AveRiverside, CA 92501
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
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Studio Apartments
Raincross Apartments
3260 Main StRiverside, CA 92501
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1 to 3 Bedroom Apartments
Logan Pointe Apartments
5005 Tequesquite AveRiverside, CA 92501
3825 Sedgwick Ave
RiversideCA92507
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Studio to 1 Bedroom Apartments
Orange
4566 Orange StRiverside, CA 92501
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1 to 2 Bedroom Apartments
Brookside Apartments
4440 Victoria AveRiverside, CA 92507
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1 to 2 Bedroom Apartments
Park Village
3735 Kansas AveRiverside, CA 92507
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1 to 2 Bedroom Apartments
Bahama Palms
3643 Brockton AveRiverside, CA 92501
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
Showing Results 1-28, Page 1 of 1
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 | $2,100 | $1,750 | $2,391 |
| Downtown Riverside 1 Bedroom Apartments | $2,346 | $1,495 | $3,455 |
| Downtown Riverside 2 Bedroom Apartments | $2,753 | $1,995 | $4,762 |
| Downtown Riverside 3 Bedroom Apartments | $3,338 | $2,650 | $3,650 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 28 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 1 Bed unit found at Park Village priced from $1,700. Garden Springs 55+ Senior Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,720. Here are the most affordable Downtown Riverside apartments for rent in Riverside, CA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Park Village | Park Village Apartments- Riverside, CA | 1BR,1BA | $1,700 |
| Garden Springs 55+ Senior Apartments | 1A | 1BR,1BA | $1,720 |
| Palm Vista | 1x1 | 1BR,1BA | $1,725 |
| Pine Village | 1 Bedroom 1 Bathroom | 1BR,1BA | $1,795 |
| The Woods Senior Living | 1BR/1.0BA | 1BR,1BA | $1,895 |
| Imperial Hardware Lofts | Studio A-4 | Studio,1BA | $2,091 |
| Centerpointe at Market | A3 | 1BR,1BA | $2,155 |
| MARK Riverside | S1 | Studio,1BA | $2,197 |
| Mission Lofts | 11C | 1BR,1BA | $2,300 |
Best Value Apartments for Rent in Downtown Riverside, CA
As of August 19, 2026 the best value apartment in the Downtown Riverside area is the $2.74 price per square foot A2 Model at Raincross Promenade in the in the Eastside neighborhood starting from $2,395. The second greatest value Downtown Riverside apartment is the A3 Model at Centerpointe at Market starting at $2,155 with a $2.82 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. |
|---|---|---|---|
| Raincross Promenade | A2 | 1BR,1BA | $2.74 |
| Centerpointe at Market | A3 | 1BR,1BA | $2.82 |
| Mission Lofts | 11C | 1BR,1BA | $3.12 |
| Pine Village | 1 Bedroom 1 Bathroom | 1BR,1BA | $2.49 |
| North Grove | One Bedroom A1A | 1BR,1BA | $3.39 |
| Garden Springs 55+ Senior Apartments | 1A | 1BR,1BA | $2.59 |
| The Woods Senior Living | 1BR/1.0BA | 1BR,1BA | $2.95 |
| Palm Vista | 1x1 | 1BR,1BA | $2.78 |
| Park Village | Park Village Apartments- Riverside, CA | 1BR,1BA | $3.27 |
| 3867 5th St | 3867 5th St | Studio ,1BA | $3.50 |
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 $2,300.
What is the price of a cheap apartment in Downtown Riverside?
The cheapest apartment in Downtown Riverside is Park Village which is listed at $1,700, while the average apartment in Downtown Riverside costs $2,640.
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 173 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 $2,182 which is $458 cheaper than the average rent for all rentals in Downtown 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.
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.
First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.