Cheap Apartments for Rent in the University Hills Neighborhood of Riverside, CA from $500 (55 Rentals)

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

property at 4360 Watkins Dr
$850

Total Monthly Price

Base Rent$850
Total Monthly Price$850
5 Bedroom, 3 Bath Home for Rent
Available Now
Cost Per Sq.Ft.

4360 Watkins Dr

RiversideCA92507

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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Boulder Creek
$1,896 - $2,116

Total Monthly Price

Base Rent$1,896 - $2,116
Total Monthly PriceVaries
Studio to 2 Bedroom Apartments Available Now

Boulder Creek

2442 Iowa AveRiverside, CA 92507
Furnished
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Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Dwell Apartment Homes
Rent Specials
$1,960 - $2,395

Total Monthly Price

Base Rent$1,960 - $2,395
Total Monthly Price$1,960 - $2,395
1 to 2 Bedroom Apartments Available Now

Dwell Apartment Homes

160 W Big Springs RdRiverside, CA 92507
Corporate Housing
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Castlerock
Rent Specials
$2,104 - $3,996

Total Monthly Price

Base Rent$2,104 - $3,996
Total Monthly PriceVaries
1 to 2 Bedroom Apartments Available Now

Castlerock

5700 Lochmoor DrRiverside, CA 92507
55+ Active Adult
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Colonnade
Rent Specials
$2,144 - $3,104

Total Monthly Price

Base Rent$2,144 - $3,104
Total Monthly PriceVaries
1 to 2 Bedroom Apartments Available Now

Colonnade

5880 Fair Isle DrRiverside, CA 92507
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From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Canyon Oak Apartments
Studio to 2 Bedroom Apartments

Canyon Oak Apartments

5505 Canyon Crest DrRiverside, 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

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Bunker Hill Apartments
1 to 3 Bedroom Apartments

Bunker Hill Apartments

5475 Canyon Crest DrRiverside, CA 92507
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Highlander Pointe Apartments
Studio to 3 Bedroom Apartments

Highlander Pointe Apartments

1055 W Blaine StRiverside, CA 92507
Corporate Housing
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Chancellor Arms
1 to 2 Bedroom Apartments

Chancellor Arms

1436 7th StRiverside, CA 92507
Student Housing

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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University Hills, Riverside, CA Local Guide

Cheapest Available University Hills Apartments for Rent

 

The cheapest available apartment rental in the University Hills area of Riverside, CA is a 1 Bed unit found at University Court priced from $1,695. Falcon Pointe Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,750. Here are the most affordable University Hills apartments for rent in Riverside, CA:

Apartment ListingModel NameBed/BathPriced From
University Court1 bed 1 bath1BR,1BA$1,695
Falcon Pointe Apartments1BR/1BA1BR,1BA$1,750
University Village Apartments1 Bed / 1 Bath - Upstairs1BR,1BA$1,750
Concord Village1A1BR,1BA$1,795
Timbers Riverside Apartments1 Bedroom 1 Bath Split Level1BR,1BA$1,799
Spruce Village1x11BR,1BA$1,875
The Met Apartments2 Bedroom / 1 Bath Upstairs2BR,1BA$1,895
Boulder CreekStudio - RenovatedStudio,1BA$1,896
WINDWOODPlan C1BR,1BA$1,899
807 West2A1BR,1BA$1,925

Best Value Apartments for Rent in University Hills, CA

As of September 06, 2026 the best value apartment in the University Hills area is the $2.30 price per square foot 3 Bedroom 2 Bath Model at Tuscany Hills Apartment Homes in the in the Canyon Crest neighborhood starting from $2,795. The second greatest value University Hills apartment is the 2 Bedrooms 2 Bathrooms Model at Sycamore Canyons starting at $2,341 with a $2.13 price per square foot in the Canyon Crest neighborhood. Here is today’s list of the best values for University Hills apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Tuscany Hills Apartment Homes3 Bedroom 2 Bath3BR,2BA$2.30
Sycamore Canyons2 Bedrooms 2 Bathrooms2BR,2BA$2.13
Highlander Park ApartmentsTwo Bedroom Two Bath2BR,2BA$2.10
Summer MeadowsThe Summit2BR,2BA$2.29
Granada Pueblo ApartmentsRemodeled2BR,2BA$2.18
Dwell Apartment HomesTwo Bedroom Two Bath C2BR,2BA$2.47
The Met Apartments2 Bedroom / 1 Bath Upstairs2BR,1BA$2.08
Concord Square ApartmentsTwo Bedroom2BR,2BA$2.39
Canyon Crest Village ApartmentsPlan C - Downstairs2BR,1BA$2.41
Concord Village1A1BR,1BA$2.39

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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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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Best Local Schools in
University Hills, Riverside, CA

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Lifestyle Ratings

Our team compiles millions of data points to bring you our detailed rental search system called 'Lifestyle ratings', composed of neighborhoods, areas, and rental properties across California and customized analysis for Riverside, California. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including filtering automatically for outdoor amenities like tennis courts, luxury housing options, multifamily communities for the kids, raising pets, transit options, and other valuable search options. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap University Hills Apartments

What is a cheap apartment in University Hills?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in University Hills is under $1,925.

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

The cheapest apartment in University Hills is University Court which is listed at $1,695, while the average apartment in University Hills costs $2,492.

What types of apartments are the cheapest in University Hills?

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 8 regular apartments in University Hills 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 Hills?

Cheap apartments in University Hills have an average cost of $437 which is $2,055 cheaper than the average rent for all rentals in University Hills.

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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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.