Cheap Apartments for Rent in the Presidential Park Neighborhood of Riverside, CA from $900 (33 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Presidential Park area of Riverside.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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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Magnolia Arms
1 to 2 Bedroom Apartments

Magnolia Arms

7469 Magnolia AveRiverside, CA 92504
  • Utilities Included
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Vernon Apartments
Studio to 2 Bedroom Apartments

Vernon Apartments

7450 Mount Vernon StRiverside, CA 92504
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Ranch Apartments
1 to 3 Bedroom Apartments

Ranch Apartments

3485 Jefferson StRiverside, CA 92504
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Giardini Bella
Studio to 2 Bedroom Apartments

Giardini Bella

7389 Magnolia AveRiverside, CA 92504
  • Utilities Included
property at 8894 Indiana Ave

$1,475

Studio, 1 Bath Home for Rent

Available Now

8894 Indiana Ave

RiversideCA92503
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Melrose Place
1 to 3 Bedroom Apartments

Melrose Place

4133 Melrose StRiverside, CA 92504

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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Golden Oaks
Studio to 2 Bedroom Apartments

Golden Oaks

7756 California AveRiverside, CA 92504
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Casa Granada Apartments
1 to 2 Bedroom Apartments

Casa Granada Apartments

4641-4645 Arlington AveRiverside, CA 92504
  • Utilities Included
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Spanish Oaks
1 to 2 Bedroom Apartments

Spanish Oaks

8395 Magnolia AveRiverside, CA 92504

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.

Presidential Park, Riverside, CA Local Guide

Cheapest Available Presidential Park Apartments for Rent

 

The cheapest available apartment rental in the Presidential Park area of Riverside, CA is a 1 Bed unit found at Sago Palms Apartments priced from $1,595. Stonegate Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,600. Here are the most affordable Presidential Park apartments for rent in Riverside, CA:

Apartment ListingModel NameBed/BathPriced From
Sago Palms Apartments1 bed / 1 bath1BR,1BA$1,595
Stonegate Apartments1X11BR,1BA$1,600
Golden OaksStudioStudio,1BA$1,609
Melrose Manor Apartments - Riverside, CA(M2) StudioStudio,1BA$1,650
Villa Rosa1 BR 1 BA1BR,1BA$1,675
Stonewood Apartments1 BR/ 1 BA1BR,1BA$1,695
Villa Maria Apartments1 bedroom1BR,1BA$1,700
Concord PlaceUpstairs One Bedroom1BR,1BA$1,740
MAGNOLIA WEST APARTMENTS- RIVERSIDE, CAADU - 1 Bed1BR,1BA$1,750
Arlington GardensOne Bedroom1BR,1BA$1,750

Best Value Apartments for Rent in Presidential Park, CA

As of May 21, 2026 the best value apartment in the Presidential Park area is the $2.24 price per square foot 3bd/2ba - Premium Model at MONTICELLO APARTMENT HOMES- FULLY UPGRADED! Riverside, CA in the in the Ramona neighborhood starting from $2,800. The second greatest value Presidential Park apartment is the Savannah Model at Presidential Townhomes starting at $2,300 with a $2.15 price per square foot in the Ramona neighborhood. Here is today’s list of the best values for Presidential Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
MONTICELLO APARTMENT HOMES- FULLY UPGRADED! Riverside, CA3bd/2ba - Premium3BR,2BA$2.24
Presidential TownhomesSavannah2BR,2.5BA$2.15
Richelieu Apartments2x22BR,2BA$2.19
Sago Palms Apartments2 bed/ 1 bath2BR,1BA$2.37
Village West Apartments2 Bedroom, 1.5 Bath2BR,1.5BA$2.33
Melrose Place Apartments(4112) 1bd/1ba - Deluxe1BR,1BA$2.25
Villa Maria Apartments1 bedroom1BR,1BA$2.13
Arlington GardensOne Bedroom1BR,1BA$2.24
Villa Rosa1 BR 1 BA1BR,1BA$2.26
Stonegate Apartments1X11BR,1BA$2.27

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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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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Pet Friendly Lifestyle
Presidential Park, Riverside, CA

Ranked #11

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

This website compares millions of points of data to bring you Lifestyle Ratings of neighborhoods, metropolitan areas, and rental properties across California including Presidential Park, Riverside, and the greater Riverside area. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including filtering automatically for the best outdoor access, luxury housing options, pet-friendly features, apartment communities for the kids, proximity to transit, walking, and biking. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Presidential Park Apartments

What is a cheap apartment in Presidential Park?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Presidential Park is under $1,750.

What is the price of a cheap apartment in Presidential Park?

The cheapest apartment in Presidential Park is Sago Palms Apartments which is listed at $1,595, while the average apartment in Presidential Park costs $3,292.

What types of apartments are the cheapest in Presidential Park?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 3 regular apartments in Presidential Park that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Presidential Park?

Cheap apartments in Presidential Park have an average cost of $233 which is $3,059 cheaper than the average rent for all rentals in Presidential Park.

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

decorative image for The Ultimate Locals Guide to Living in Riverside, CA article

The Ultimate Locals Guide to Living in Riverside, CA

Written by: Thomas Conroy

Riverside is a diverse Southern California city that is considered the centerpiece of Riverside County. It is located approximately 60 miles east of Los Angeles, and is the largest city of the Inland Empire.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.