Cheap Homes for Rent in Downtown Riverside Neighborhood of Riverside, CA from $1,500 (5 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

property at 4201 El Dorado St

4201 El Dorado St

RiversideCA92501

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.

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. Brookside Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,545. 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
Brookside ApartmentsStudio1BR,1BA$1,545
Park Village Apartment Homes- Riverside, CA1bd/1ba - Premium1BR,1BA$1,700

Best Value Apartments for Rent in Downtown Riverside, CA

As of September 09, 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
Main+Nine2 Bedroom 22BR,2BA$2.90
Centerpointe at MarketA11BR,1BA$2.49
Pine Village1 Bedroom 1 Bathroom1BR,1BA$2.74
Garden Springs 55+ Senior Apartments1A1BR,1BA$2.57
Bahama Palms1 BED 1 BATH APARTMENT1BR,1BA$3.23
The Woods Senior Living1BR/1.0BA1BR,1BA$3.02
Brookside ApartmentsStudio1BR,1BA$2.94
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 160 Apartments for Rent in Downtown Riverside, CA with pricing that ranges from $883 to $3,900. There are also 15 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Riverside ranging from $1,549 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 $1,549 to $10,500 with an average monthly rent of $3,912.

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.

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

decorative image for Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting article

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.