Cheap Homes for Rent in Riverside, CA from $500 (39 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.

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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.

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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.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Showing Results 1-39, Page 1 of 1

Riverside, CA Local Guide

Cheapest Neighborhoods for Apartments in Riverside, CA

Pricing Updated: 01/27/2026

Current apartment rentals in the Riverside, CA area range in price from $500 to $10,500 with an overall median price of $3,981. The three Riverside neighborhoods with the lowest median rent pricing are Valley College at $995, Verdemont at $1,500, and Shandin Hills at $1,600. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Riverside Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Valley College$995$9951
Verdemont$1,500$1,5001
Shandin Hills$1,895$1,6001
Las Plazas$1,925$1,8502
Edgemont Gardens$2,100$2,1001
Downtown Ontario$2,162$1,9752
Downtown San Bernardino$2,475$9005
Feldheym$2,475$1,3505
High School$2,475$9006
Seccombe Lane$2,475$1,3503

Cheapest Available Riverside Apartments for Rent

 

The cheapest available apartment rental in Riverside, CA is a 3 Beds unit found at Highland Parc North - Near UCR in the University neighborhood priced from $515. Highlander at North Campus Student Housing in the University neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $779. Here is today’s list of the most affordable Riverside apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Highland Parc North - Near UCRAVAILABLE NOW! 3x23BR,2BA$515
Highlander at North Campus Student Housing2x22BR,2BA$779
Oasis Senior Villas2x1-50%2BR,1BA$883
Garden Estate ApartmentsstudioStudio,1BA$1,150
Waterman Apartmentswa-1x11BR,1BA$1,166
Nova Pointe Apartments1x1 Deluxe Affordable1BR,1BA$1,259
Country Village ApartmentsShadow CreekStudio,1BA$1,350
Tyler Arms Apartments - Riverside, CAStudioStudio,1BA$1,466
Emerald Pointe Apartments2 Bed 1.5 Bath2BR,1BA$1,495
Jurupa Royale1x11BR,1BA$1,495

Best Value Apartments for Rent in Riverside, CA

As of January 27, 2026 the best value apartment in the Riverside area is the $1.35 price per square foot 4 Bedroom 3 Bathroom Model at 4960 Tyler St in the in the La Sierra neighborhood starting from $3,200. The second greatest value Riverside apartment is the 2x2 Model at Grand Terrace starting at $2,395 with a $2.00 price per square foot in the Reche Canyon 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$1.35
Grand Terrace2x22BR,2BA$2.00
4830 Palm Ave.2 Bed 2 Bath2BR,2BA$1.93
Highlander ParkTwo Bedroom Two Bath2BR,2BA$2.05
22573 Adrienne Ave, Unit C22573 Adrienne Ave2BR,1BA$2.04
Emerald Pointe Apartments2 Bed 1.5 Bath2BR,1.5BA$1.59
Village Green2 Bd, 1 Bath2BR,1BA$1.88
Waterman Apartmentswa-2x12BR,1BA$1.62
Highland Parc North - Near UCRAVAILABLE NOW! 2x12BR,1BA$0.75
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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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.

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Quick Rent Budget Calculator

How much rent can you afford?

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

Explore Riverside, CA Rentals by Map

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See the most popular apartments and homes in Riverside, CA

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Riverside, CA Area Reviews

  • Cost of Living

Frequently Asked Questions about Riverside

What type of rentals are currently available in Riverside?

There are currently 1554 Apartments for Rent in Riverside, CA with pricing that ranges from $515 to $5,412. There are also 261 Single Family Homes for rent, Condos, and Townhome rentals currently available in Riverside ranging from $500 to $10,500.

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 $10,500 with an average monthly rent of $2,999.

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 $515 to $4,722, 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 $2,765 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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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.

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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.

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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.