Cheap Homes for Rent in Downtown Riverside Neighborhood of Riverside, CA from $800 (6 Rentals)

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

property at 3036 Lemon St

$1,950

Total Monthly Price

Total Monthly Price

Base Rent
$1,950

Total Monthly Price
$1,950

1 Bedroom, 1 Bath Home for Rent

Available Now

3036 Lemon St

RiversideCA92501

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Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

property at 3034 Lemon St

$2,400

Total Monthly Price

Total Monthly Price

Base Rent
$2,400

Total Monthly Price
$2,400

3 Bedroom, 1 Bath Home for Rent

Available Now

3034 Lemon St

RiversideCA92501

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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. 4830 Palm Ave. 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 ListingModel NameBed/BathPriced From
Oasis Senior Villas2x1-50%2BR,1BA$883
4830 Palm Ave.1x11BR,1BA$1,650
Garden Springs 55+ Senior Apartments1A1BR,1BA$1,695

Best Value Apartments for Rent in Downtown Riverside, CA

As of May 07, 2026 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 2 Bedroom 2 Bathroom Model at Pine Village starting at $2,174 with a $2.33 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.
MARK RiversideC13BR,2BA$2.96
Pine Village2 Bedroom 2 Bathroom2BR,2BA$2.33
Raincross PromenadeA21BR,1BA$2.62
Centerpointe at MarketA31BR,1BA$2.82
Villas at Columbia1BD Loft / 1.5BA1BR,1.5BA$2.57
4215 11th St, Unit 42154215 11th St2BR,1BA$2.53
Garden Springs 55+ Senior Apartments1A1BR,1BA$2.55
4830 Palm Ave.1x11BR,1BA$2.66
The Woods Senior Living1BR/1.0BA1BR,1BA$2.97
Oasis Senior Villas1x1-60%1BR,1BA$1.74

Frequently Asked Questions about Downtown Riverside

What type of rentals are currently available in Downtown Riverside?

There are currently 164 Apartments for Rent in Downtown Riverside, CA with pricing that ranges from $883 to $4,602. There are also 11 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Riverside ranging from $850 to $10,500.

What is the current price range for Rental Homes in Downtown Riverside?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Riverside ranges from $850 to $10,500 with an average monthly rent of $3,885.

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

decorative image for The Ultimate Locals Guide to Living in Riverside, CA article

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.

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.