Cheap Apartments for Rent in the University Hills Neighborhood of Riverside, CA from $500 (54 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
$1,606 - $2,601
Total Monthly Price

Total Monthly Price

Base Rent
$1,606 - $2,601
Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Boulder Creek

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

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

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.

Read Article
close
View Me
Colonnade
Rent Specials
$2,266 - $3,469
Total Monthly Price

Total Monthly Price

Base Rent
$2,266 - $3,469
Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Colonnade

5880 Fair Isle DrRiverside, CA 92507
Work From Home
  • Verified
  • Customer Reviewed
  • 3D Tour

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

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.

Read Article
close
View Me
Castlerock
Rent Specials
$2,370 - $3,282
Total Monthly Price

Total Monthly Price

Base Rent
$2,370 - $3,282
Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Castlerock

5700 Lochmoor DrRiverside, CA 92507
Student Living
  • Verified
  • Customer Reviewed
  • 3D Tour
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
Bunker Hill Apartments
1 to 3 Bedroom Apartments

Bunker Hill Apartments

5475 Canyon Crest DrRiverside, 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.

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

Canyon Crest Hills

1005 Via ZapataRiverside, CA 92507
  • Utilities Included
close
View Me
Amber Crest Apartments
2 Bedroom Apartments

Amber Crest Apartments

5310 Canyon Crest DrRiverside, CA 92507
  • Utilities Included

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
Showing Results 1-50, Page 1 of 2

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 2 Beds unit found at Highland Parc North - Near UCR priced from $680. Boulder Creek has the second lowest priced unit, which is a Studio apartment currently listed from $1,606. Here are the most affordable University Hills apartments for rent in Riverside, CA:

Apartment ListingModel NameBed/BathPriced From
Highland Parc North - Near UCRFALL '26 WASHERDRYER UNIT2BR,2BA$680
Boulder CreekStudio - ClassicStudio,1BA$1,606
University Court1 bed 1 bath1BR,1BA$1,695
Highlander Park ApartmentsOne Bedroom One Bath1BR,1BA$1,732
Falcon Pointe Apartments1BR/1BA1BR,1BA$1,750
Concord Square ApartmentsOne Bedroom1BR,1BA$1,775
Concord Village1A1BR,1BA$1,795
WINDWOODPlan D1BR,1BA$1,799
Timbers Riverside Apartments1 Bedroom 1 Bath Split Level1BR,1BA$1,799
Parkhill1BR/1.0BA1BR,1BA$1,825

Best Value Apartments for Rent in University Hills, CA

As of July 23, 2026 the best value apartment in the University Hills area is the $0.71 price per square foot 4x4 Premium Model at Highlander at North Campus Student Housing in the in the University neighborhood starting from $1,079. The second greatest value University Hills apartment is the 3 Bedrooms 2 Bathrooms Model at Sycamore Canyons starting at $2,911 with a $2.23 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.
Highlander at North Campus Student Housing4x4 Premium4BR,4BA$0.71
Sycamore Canyons3 Bedrooms 2 Bathrooms3BR,2BA$2.23
Canyon Crest2B2BR,2BA$2.12
Summer MeadowsThe Highlander3BR,2BA$2.38
The Lindy East & West Apartments2 Bed / 2 Bath - Upstairs2BR,2BA$1.90
Granada Pueblo ApartmentsRemodeled2BR,2BA$2.18
The Met Apartments2 Bedroom / 1 Bath Downstairs2BR,1BA$2.21
Canyon Crest Village ApartmentsPlan C - Downstairs2BR,1BA$2.41
Concord Village1A1BR,1BA$2.39
Highland Parc North - Near UCRFALL '26 WASHERDRYER UNIT2BR,2BA$0.94

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 University Court which is listed at $1,695, while the average apartment in University Hills costs $3,335.

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 25 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 $1,535 which is $1,800 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 Rent According to Income: A Look at Income-Restricted Rentals article

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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.