Cheap Homes for Rent in Riverside, CA from $500 (26 Rentals)

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Riverside, CA Local Guide

Cheapest Neighborhoods for Apartments in Riverside, CA

Pricing Updated: 09/09/2025

Current apartment rentals in the Riverside, CA area range in price from $125 to $4,699 with an overall median price of $3,012. The three Riverside neighborhoods with the lowest median rent pricing are Rana at $1,350, Outer San Bernadino at $1,195, and San Bernardino Amtrak Station at $1,350. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Riverside Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Rana$1,350$1,3501
Outer San Bernadino$1,595$1,19510
San Bernardino Amtrak Station$1,750$1,3504
High School$1,772$1,5003
DMV$1,795$1,1904
Ward 2$1,795$1,1904
San Gorgonio$1,800$1,45013
Downtown Calimesa$1,810$1,3955
Sunnyslope$1,875$1,1504
The Boulders$1,900$1,3009

Cheapest Available Riverside Apartments for Rent

 

The cheapest available apartment rental in Riverside, CA is a 2 Beds unit found at Highlander at North Campus Student Housing in the University neighborhood priced from $799. Oasis Senior Villas in the Canyon Crest neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $883. Here is today’s list of the most affordable Riverside apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Highlander at North Campus Student Housing2x22BR,2BA$799
Oasis Senior Villas2x1-50%2BR,1BA$883
Perris Isle Senior ApartmentsOne Bedroom, One Bathroom1BR,1BA$1,069
Nova Pointe Apartments1x1 Deluxe Affordable1BR,1BA$1,119
Garden Estate ApartmentsstudioStudio,1BA$1,150
CENTREPOINTEStudioStudio,1BA$1,299
Country Village ApartmentsShadow CreekStudio,1BA$1,320
Waterman Apartmentswa-2x12BR,1BA$1,377
Jurupa RoyaleStudioStudio,1BA$1,445

Best Value Apartments for Rent in Riverside, CA

As of September 09, 2025 the best value apartment in the Riverside area is the $0.62 price per square foot 4x4 Premium Model at Highlander at North Campus Student Housing in the in the University neighborhood starting from $949. The second greatest value Riverside apartment is the 2 Bedroom 2.5 Bath Townhouse Model at Altitude Apartments starting at $2,995 with a $2.00 price per square foot in the Parkside at Towngate neighborhood. Here is today’s list of the best values for Riverside apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Highlander at North Campus Student Housing4x4 Premium4BR,4BA$0.62
Altitude Apartments2 Bedroom 2.5 Bath Townhouse2BR,2.5BA$2.00
Legends at Rancho BelagoThe Prima2BR,2BA$1.98
Anderson Park Apartments- Riverside, CA2bd/2ba - Premium2BR,2BA$1.95
Presidential TownhomesSavannah2BR,2.5BA$1.96
22573 Adrienne Ave, Unit C22573 Adrienne Ave2BR,1BA$2.04
1170 Fountain St, Unit 61170 Fountain St2BR,1BA$2.04
Emerald Pointe Apartments2 Bed 1.5 Bath2BR,1.5BA$1.59
Waterman Apartmentswa-2x12BR,1BA$1.62
Oasis Senior Villas1x1-60%1BR,1BA$1.74

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Riverside, CA
Population: 330,063

Ranked #58

in US Census Population by City

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Pet Friendly Lifestyle
Riverside, CA

Ranked #54

Among cities in California for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Riverside, CA Area Reviews

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Frequently Asked Questions about Riverside

What type of rentals are currently available in Riverside?

There are currently 1543 Apartments for Rent in Riverside, CA with pricing that ranges from $125 to $4,389. There are also 234 Single Family Homes for rent, Condos, and Townhome rentals currently available in Riverside ranging from $500 to $14,500.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Riverside ranges from $500 to $14,500 with an average monthly rent of $3,593.

How much are larger Three and Four Bedroom Rentals in Riverside?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Riverside range from $615 to $4,389, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,995 to $9,500. Four Bedroom Single-Family rentals are also available starting from $500 and Four Bedroom Apartments start at $649.

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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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.

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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.

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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.

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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.