Cheap Homes for Rent in Riverside, CA from $700 (25 Rentals)

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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.

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.

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

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Riverside, CA Local Guide

Cheapest Neighborhoods for Apartments in Riverside, CA

Pricing Updated: 12/15/2025

Current apartment rentals in the Riverside, CA area range in price from $649 to $7,847 with an overall median price of $3,009. The three Riverside neighborhoods with the lowest median rent pricing are DMV at $1,150, Downtown San Bernardino at $1,150, and High School at $1,150. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Riverside Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
DMV$1,545$1,1506
Downtown San Bernardino$1,545$1,1504
High School$1,545$1,1505
Ward 2$1,545$1,1506
Outer San Bernadino$1,695$1,19512
Rana$1,700$1,59110
Feldheym$1,750$1,4552
San Bernardino Amtrak Station$1,750$1,45512
San Gorgonio$1,750$1,45011
Downtown Calimesa$1,795$1,6502

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 $779. 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$779
Oasis Senior Villas2x1-50%2BR,1BA$883
Perris Isle Senior ApartmentsTwo Bedroom, One Bathroom2BR,1BA$1,141
Garden Estate ApartmentsstudioStudio,1BA$1,150
Waterman Apartmentswa-1x11BR,1BA$1,166

Best Value Apartments for Rent in Riverside, CA

As of December 15, 2025 the best value apartment in the Riverside area is the $1.60 price per square foot 4 Bedroom 3 Bathroom Model at 4960 Tyler St in the in the La Sierra neighborhood starting from $3,800. The second greatest value Riverside apartment is the 3x2B Model at LuxLiv Apartments starting at $3,204 with a $1.94 price per square foot in the La Sierra 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.
4960 Tyler St4 Bedroom 3 Bathroom4BR,3BA$1.60
LuxLiv Apartments3x2B3BR,2BA$1.94
Highlander at North Campus Student Housing4x4 Premium4BR,4BA$0.62
Grand Terrace2x22BR,2BA$2.00
Anderson Park Apartments- Riverside, CA2bd/2ba - Premium2BR,2BA$1.91
The Lindy East & West Apartments2 Bed / 2 Bath - Downstairs Renovated2BR,2BA$1.86
Emerald Pointe Apartments2 Bed 1.5 Bath2BR,1.5BA$1.59
Village Green2 Bd, 1 Bath2BR,1BA$1.88
Waterman Apartmentswa-1x11BR,1BA$1.73
Oasis Senior Villas1x1-60%1BR,1BA$1.74

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Quick Rent Budget Calculator

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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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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 #49

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!

Explore Riverside, CA Rentals by Map

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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 1546 Apartments for Rent in Riverside, CA with pricing that ranges from $649 to $4,553. There are also 247 Single Family Homes for rent, Condos, and Townhome rentals currently available in Riverside ranging from $700 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 $700 to $14,500 with an average monthly rent of $3,477.

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 $1,219 to $4,045, while Three Bedroom Homes, Condos, and Townhomes for rent range from $850 to $9,500. Four Bedroom Single-Family rentals are also available starting from $2,095 and Four Bedroom Apartments start at $649.

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

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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.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.