Cheap Apartments for Rent in the University Highlands Neighborhood of Riverside, CA from $500 (40 Rentals)

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Search the lowest-cost Apartments available for rent right now in the University Highlands 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.

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Boulder Creek
$1,666 - $2,346
Total Monthly Price

Total Monthly Price

Base Rent
$1,666 - $2,346

Total Monthly Price
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Studio to 2 Bedroom Apartments Available Now

Boulder Creek

2442 Iowa AveRiverside, CA 92507
Furnished
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  • Customer Reviewed
  • 3D Tour

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

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1881 Loma Vista St
Studio to 3 Bedroom Apartments

1881 Loma Vista St

1881 Loma Vista StRiverside, CA 92507
  • Utilities Included
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Las Palmas Apartments
1 to 2 Bedroom Apartments

Las Palmas Apartments

2052 W Linden StRiverside, CA 92507
  • Utilities Included

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 Regent
1 to 2 Bedroom Apartments

The Regent

3553 Chicago AveRiverside, CA 92507
  • Utilities Included
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Linden Manor
1 to 3 Bedroom Apartments

Linden Manor

1245 W Linden StRiverside, CA 92507
  • Utilities Included
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University Court
1 to 3 Bedroom Apartments

University Court

1415-1421 7th StRiverside, CA 92507
  • Utilities Included
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4406 Angelo St
Studio Apartments

4406 Angelo St

4406 Angelo StRiverside, CA 92507
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La Paz Apartments
1 to 3 Bedroom Apartments

La Paz Apartments

2032 W Linden StRiverside, CA 92507
  • Utilities Included

The Ultimate Local's Guide to Living in Riverside, CA

Planning a move to Riverside? Get a detailed look at the best neighborhoods—Mission Grove, Orangecrest, Canyon Crest, and La Sierra—plus tips on the commute, weather, and nearby vacation spots.

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Parkhill Apartments
1 to 2 Bedroom Apartments

Parkhill Apartments

991 W Blaine StRiverside, CA 92507
  • Utilities Included
property at 494 Alta Mesa Dr

$1,685

Total Monthly Price

Total Monthly Price

Base Rent
$1,685

Total Monthly Price
$1,685

1 Bedroom, 1 Bath Home for Rent

Available Now

494 Alta Mesa Dr

RiversideCA92507

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.

University Highlands, Riverside, CA Local Guide

Cheapest Available University Highlands Apartments for Rent

 

The cheapest available apartment rental in the University Highlands area of Riverside, CA is a 2 Beds unit found at Highlander at North Campus Student Housing priced from $799. Emerald Pointe Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,495. Here are the most affordable University Highlands apartments for rent in Riverside, CA:

Apartment ListingModel NameBed/BathPriced From
Highlander at North Campus Student Housing2x22BR,2BA$799
Emerald Pointe Apartments2 Bed 1.5 Bath2BR,1BA$1,495
Springbrook Park Apartments1BR/1.0BA1BR,1BA$1,549
Rock Ridge1 Bedroom 1 Bath - 466061BR,1BA$1,575
Falcon Pointe Apartments1BR/1BA1BR,1BA$1,650
Summit Pointe Apartments1x1 - Upstairs1BR,1BA$1,695
Berkdale ApartmentsJunior 1 Bedroom 1 Bath1BR,1BA$1,699
Annex on ChicagoAVAILABLE NOW - 1B/1B1BR,1BA$1,699
Linden Court Apartments- Riverside, CA1bd/1ba - Premium1BR,1BA$1,699
Fully Upgraded Senior Apartments!One Bedroom One Bath1BR,1BA$1,699

Best Value Apartments for Rent in University Highlands, CA

As of April 24, 2026 the best value apartment in the University Highlands area is the $1.90 price per square foot 2 Bed / 2 Bath - UPSTAIRS Model at The Lindy East & West Apartments in the in the University neighborhood starting from $1,995. The second greatest value University Highlands apartment is the Two Bedroom Two Bath Model at Highlander Park Apartments starting at $2,110 with a $2.05 price per square foot in the University neighborhood. Here is today’s list of the best values for University Highlands apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Lindy East & West Apartments2 Bed / 2 Bath - UPSTAIRS2BR,2BA$1.90
Highlander Park ApartmentsTwo Bedroom Two Bath2BR,2BA$2.05
Los Arbolitos Riverside Apartments2 Bedroom 1 Bath2BR,1BA$2.12
1960 W Linden St, Unit 1960 W Linden St Riversid1960 W Linden St2BR,1.5BA$2.27
Granada Pueblo ApartmentsRemodeled2BR,2BA$2.18
Emerald Pointe Apartments2 Bed 1.5 Bath2BR,1.5BA$1.59
Springbrook Park Apartments1BR/1.0BA1BR,1BA$1.94
Anderson Park Apartments- Riverside, CA1bd/1ba - Premium1BR,1BA$2.25
Annex on ChicagoAVAILABLE NOW - LAST 1B/1B with Den!1BR,1BA$2.25
Concord Village1A1BR,1BA$2.39

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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

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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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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
University Highlands, Riverside, CA

Ranked #5

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

ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals in cities and towns across the United States and customized analysis for Central Riverside. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including filtering automatically for convenient access to the outdoors, luxury housing options, transit availability, pet-friendly communities, family-friendliness, and more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap University Highlands Apartments

What is a cheap apartment in University Highlands?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in University Highlands is under $1,699.

What is the price of a cheap apartment in University Highlands?

The cheapest apartment in University Highlands is Springbrook Park Apartments which is listed at $1,549, while the average apartment in University Highlands costs $2,395.

What types of apartments are the cheapest in University Highlands?

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 51 regular apartments in University Highlands 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 University Highlands?

Cheap apartments in University Highlands have an average cost of $993 which is $1,402 cheaper than the average rent for all rentals in University Highlands.

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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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.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.