5140 Caldera Ct
RiversideCA92507
Cheap Apartments for Rent in the University Hills Neighborhood of Riverside, CA from $500 (1 Rental)
Search the lowest-cost Apartments available for rent right now in the University Hills area of Riverside.
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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University Hills, Riverside, CA Local Guide
How much does it cost to rent an apartment in University Hills?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| University Hills Studio Apartments | $1,758 | $1,595 | $1,851 |
| University Hills 1 Bedroom Apartments | $2,101 | $888 | $2,750 |
| University Hills 2 Bedroom Apartments | $2,383 | $688 | $3,840 |
| University Hills 3 Bedroom Apartments | $2,590 | $525 | $3,865 |
| University Hills 4 Bedroom Apartments | $927 | $649 | $1,225 |
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University Hills, Riverside, CA Local Guide
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Best Value Apartments for Rent in University Hills, CA
As of March 09, 2026 the best value apartment in the University Hills area is the $2.34 price per square foot The Highlander Model at Summer Meadows in the in the University neighborhood starting from $2,775. The second greatest value University Hills apartment is the 1B Model at Canyon Crest starting at $2,498 with a $2.27 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Summer Meadows | The Highlander | 3BR,2BA | $2.34 |
| Canyon Crest | 1B | 1BR,1BA | $2.27 |
| Granada Pueblo Apartments | Remodeled | 2BR,2BA | $2.18 |
| Concord Village | 2B | 2BR,2BA | $2.31 |
| The Met Apartments | 2 Bedroom / 1 Bath Upstairs | 2BR,1BA | $2.08 |
| Canyon Crest Village Apartments | Plan C - Downstairs | 2BR,1BA | $2.24 |
| Sycamore Canyons | 1 Bedroom 1 Bathroom | 1BR,1BA | $2.36 |
| Los Arbolitos Riverside Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $2.42 |
| Timbers Riverside Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $2.38 |
| Highlander Park | One Bedroom One Bath | 1BR,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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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.
Read ArticleCash 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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Best Local Schools in University Hills, Riverside, CA
University Heights Middle
Riverside Unified School District
Public School - Grades 7-8 (870)
5 out of 10
School data provided by Great Schools
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 $1,795.
What is the price of a cheap apartment in University Hills?
The cheapest apartment in University Hills is The Lindy East & West Apartments which is listed at $1,695, while the average apartment in University Hills costs $2,954.
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 55 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 $675 which is $2,279 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
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.
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.
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.
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.