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 Apartments

3851 Cedar Ave

3851 Cedar AveRiverside, CA 92501

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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

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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. Park Village Apartment Homes- Riverside, CA has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,700. 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
Park Village Apartment Homes- Riverside, CA1bd/1ba - Premium1BR,1BA$1,700
Garden Springs 55+ Senior Apartments1A1BR,1BA$1,710

Best Value Apartments for Rent in Downtown Riverside, CA

As of September 01, 2025 the best value apartment in the Downtown Riverside area is the $2.90 price per square foot B2 Model at MARK Riverside in the in the Eastside neighborhood starting from $3,765. 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 ListingModel NameBed/BathPrice Per Sq.Ft.
MARK RiversideB22BR,2BA$2.90
Raincross PromenadeB12BR,2BA$2.27
Imperial Hardware Lofts2 Bedroom 2 Bath C-12BR,2BA$2.89
Pine Village2 Bedroom 2 Bathroom2BR,2BA$2.32
Centerpointe at MarketA11BR,1BA$2.49
North GroveA31BR,1BA$3.11
Garden Springs 55+ Senior Apartments1A1BR,1BA$2.57
The Woods Senior Living1BR/1.0BA1BR,1BA$3.02
Oasis Senior Villas1x1-60%1BR,1BA$1.74
Brookside ApartmentsStudio1BR,1BA$2.94

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 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 $3,700.

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 6 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 $405 which is $3,295 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.

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