
Cheap Homes for Rent in Downtown Riverside Neighborhood of Riverside, CA from $800 (6 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Riverside area of Riverside.


4360 Tenth St, Unit 2

3036 Lemon St
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
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.

3980 Cedar St

4445 4th St

3034 Lemon St
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.
Downtown Riverside, Riverside, CA Local Guide

How much does it cost to rent a home in Downtown Riverside?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Riverside 2 Bedroom Homes for Rent | $2,348 | $1,995 | $2,600 |
| Downtown Riverside 3 Bedroom Homes for Rent | $2,863 | $2,400 | $3,390 |
| Downtown Riverside 4 Bedroom Homes for Rent | $4,800 | $4,800 | $4,800 |
| Downtown Riverside 5 Bedroom Homes for Rent | $10,500 | $10,000 | $10,000+ |
| Downtown Riverside 6 Bedroom Homes for Rent | $850 | $850 | $850 |
Browse Homes for Rent in this Neighborhood
There are currently 6 rentals with your search options within a 2 mile radius of the Downtown Riverside Neighborhood of Riverside, CA.
Explore Riverside
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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Oasis Senior Villas | 2x1-50% | 2BR,1BA | $883 |
| 4830 Palm Ave. | 1x1 | 1BR,1BA | $1,650 |
| Garden Springs 55+ Senior Apartments | 1A | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| MARK Riverside | C1 | 3BR,2BA | $2.96 |
| Pine Village | 2 Bedroom 2 Bathroom | 2BR,2BA | $2.33 |
| Raincross Promenade | A2 | 1BR,1BA | $2.62 |
| Centerpointe at Market | A3 | 1BR,1BA | $2.82 |
| Villas at Columbia | 1BD Loft / 1.5BA | 1BR,1.5BA | $2.57 |
| 4215 11th St, Unit 4215 | 4215 11th St | 2BR,1BA | $2.53 |
| Garden Springs 55+ Senior Apartments | 1A | 1BR,1BA | $2.55 |
| 4830 Palm Ave. | 1x1 | 1BR,1BA | $2.66 |
| The Woods Senior Living | 1BR/1.0BA | 1BR,1BA | $2.97 |
| Oasis Senior Villas | 1x1-60% | 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

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.

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.

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.

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.