Cheap Apartments for Rent in the University Hills Neighborhood of Riverside, CA from $500 (44 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

close
View Me
Boulder Creek
$1,711 - $2,046
Total Monthly Price

Total Monthly Price

Base Rent
$1,711 - $2,046
Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Boulder Creek

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

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.

Read Article

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.

Read Article

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.

Read Article
close
View Me
Canyon Oak Apartments
Studio to 2 Bedroom Apartments

Canyon Oak Apartments

5505 Canyon Crest DrRiverside, CA 92507
  • Utilities Included
close
View Me
Linden Manor
1 to 3 Bedroom Apartments

Linden Manor

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

University Court

1415-1421 7th 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.

Read Article
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
close
View Me
Bunker Hill Apartments
1 to 3 Bedroom Apartments

Bunker Hill Apartments

5475 Canyon Crest DrRiverside, CA 92507
  • Utilities Included
close
View Me
Casa Verde
1 to 3 Bedroom Apartments

Casa Verde

955 Via ZapataRiverside, CA 92507
  • Utilities Included
close
View Me
Highlander Pointe Apartments
Studio to 3 Bedroom Apartments

Highlander Pointe Apartments

1055 W Blaine StRiverside, CA 92507
Corporate Housing
  • Utilities Included
close
View Me
Chancellor Arms
1 to 2 Bedroom Apartments

Chancellor Arms

1436 7th StRiverside, CA 92507
Student Housing

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.

Read Article
close
View Me
Canyon Crest Hills
1 to 2 Bedroom Apartments

Canyon Crest Hills

1005 Via ZapataRiverside, CA 92507
  • Utilities Included
close
View Me
Vista Springs Apartments
1 to 2 Bedroom Apartments

Vista Springs Apartments

21550 Box Springs RdMoreno Valley, CA 92557
  • Utilities Included
Showing Results 1-44, Page 1 of 1

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 Falcon Pointe Apartments priced from $1,650. Fully Upgraded Senior Apartments! has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,650. Here are the most affordable University Hills apartments for rent in Riverside, CA:

Apartment ListingModel NameBed/BathPriced From
Falcon Pointe Apartments1BR/1BA1BR,1BA$1,650
Fully Upgraded Senior Apartments!One Bedroom One Bath1BR,1BA$1,650
Berkdale ApartmentsJunior 1 Bed 1 Bath w Large Patio1BR,1BA$1,695
Parkhill1BR/1.0BA1BR,1BA$1,700
Summit Pointe Apartments1x1 - Upstairs1BR,1BA$1,745
Concord Village1A1BR,1BA$1,795
Towne Crest ApartmentsStudioStudio,1BA$1,805
Boulder CreekStudio - RenovatedStudio,1BA$1,811
Los Arbolitos Riverside Apartments1 Bedroom 1 Bath1BR,1BA$1,860
Spruce Village1x11BR,1BA$1,860

Best Value Apartments for Rent in University Hills, CA

As of June 08, 2026 the best value apartment in the University Hills area is the $2.30 price per square foot 3A Model at Canyon Crest in the in the Canyon Crest neighborhood starting from $3,494. The second greatest value University Hills apartment is the The Highlander Model at Summer Meadows starting at $2,775 with a $2.34 price per square foot in the University 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.
Canyon Crest3A3BR,2BA$2.30
Summer MeadowsThe Highlander3BR,2BA$2.34
Sorano Apartments2x2 A2BR,2BA$2.39
Highlander Park ApartmentsTwo Bedroom Two Bath2BR,2BA$2.05
Timbers Riverside Apartments2 Bedroom 2 Bath2BR,2BA$2.21
Granada Pueblo ApartmentsRemodeled2BR,2BA$2.18
The Met Apartments2 Bedroom / 1 Bath Downstairs2BR,1BA$2.25
Highlander at North Campus Student Housing2x2 Premium2BR,2BA$1.57
Sycamore Canyons1 Bedroom 1 Bathroom1BR,1BA$2.31
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.

Read Article
Decorative image

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.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

Best Local Schools in
University Hills, Riverside, CA

School data provided by Great Schools

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 the price of a cheap apartment in University Hills?

The cheapest apartment in University Hills is Falcon Pointe Apartments which is listed at $1,650, while the average apartment in University Hills costs $3,006.

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 20 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 $1,164 which is $1,842 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.

decorative image for Pet-Friendly Renting: Everything You Need to Know Before You Move article

Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

decorative image for Creative Ways Developers Reimagine Retail Spaces as Residential Units article

Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent article

Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.