
Cheap Homes for Rent in Downtown Riverside Neighborhood of Riverside, CA from $1,000 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Riverside area of Riverside.


3342 Eucalyptus Ave
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.

2374 Mission Inn Ave

1849 Orange St
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

3893 Beechwood Pl
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 | $2,150 | $2,150 | $2,150 |
| Downtown Riverside 3 Bedroom Homes for Rent | $2,825 | $2,490 | $3,095 |
| Downtown Riverside 4 Bedroom Homes for Rent | $3,295 | $3,295 | $3,295 |
| Downtown Riverside 5 Bedroom Homes for Rent | $10,500 | $10,000 | $10,000+ |
| Downtown Riverside 6 Bedroom Homes for Rent | $2,750 | $1,000 | $4,500 |
Browse Homes for Rent in this Neighborhood
There are currently 5 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. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Oasis Senior Villas | 2x1-50% | 2BR,1BA | $883 |
| The Woods Senior Living | 1BR/1.0BA | 1BR,1BA | $1,825 |
| Garden Springs 55+ Senior Apartments | 2A | 2BR,1BA | $1,995 |
Best Value Apartments for Rent in Downtown Riverside, CA
As of January 29, 2026 the best value apartment in the Downtown Riverside area is the $1.93 price per square foot 2 Bed 2 Bath Model at 4830 Palm Ave. in the in the Wood Streets neighborhood starting from $1,995. The second greatest value Downtown Riverside apartment is the 2BD Loft/ 2.0BA Model at Villas at Columbia starting at $2,355 with a $2.28 price per square foot in the University 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. |
|---|---|---|---|
| 4830 Palm Ave. | 2 Bed 2 Bath | 2BR,2BA | $1.93 |
| Villas at Columbia | 2BD Loft/ 2.0BA | 2BR,2BA | $2.28 |
| Pine Village | 2 Bedroom 2 Bathroom | 2BR,2BA | $2.32 |
| Garden Springs 55+ Senior Apartments | 2A | 2BR,1BA | $2.22 |
| Centerpointe at Market | A3 | 1BR,1BA | $2.82 |
| 4156 11th St, Unit 4156 | 4156 11th St | 2BR,2BA | $2.93 |
| Mission Lofts | 11C | 1BR,1BA | $3.09 |
| Park Village Apartment Homes- Riverside, CA | 2bd/1ba - Premium | 2BR,1BA | $2.86 |
| 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 163 Apartments for Rent in Downtown Riverside, CA with pricing that ranges from $883 to $4,625. There are also 16 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Riverside ranging from $1,000 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 $1,000 to $10,500 with an average monthly rent of $3,515.
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

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.

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.

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.

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.