Cheap Homes for Rent in University Hills Neighborhood of Riverside, CA from $1,600 (5 Rentals)

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

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

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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 Sunrise Village Apartments priced from $1,650. Parkhill Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,700. Here are the most affordable University Hills apartments for rent in Riverside, CA:

Apartment ListingModel NameBed/BathPriced From
Sunrise Village ApartmentsOne Bedroom One Bath1BR,1BA$1,650
Parkhill Apartments1BR/1.0BA1BR,1BA$1,700
Summit Pointe Apartments1x1 - Upstairs1BR,1BA$1,745

Best Value Apartments for Rent in University Hills, CA

As of June 11, 2026 the best value apartment in the University Hills area is the $2.17 price per square foot 3A Model at Canyon Crest in the in the Canyon Crest neighborhood starting from $3,310. 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$2.17
Summer MeadowsThe Highlander3BR,2BA$2.34
Stone Canyon ApartmentsTerrazzo2BR,2BA$2.32
The Lindy East & West Apartments2 Bed / 2 Bath2BR,2BA$1.90
Sorano Apartments2x2 A2BR,2BA$2.39
Highlander Park ApartmentsTwo Bedroom Two Bath2BR,2BA$2.05
Granada Pueblo ApartmentsRemodeled2BR,2BA$2.18
The Met Apartments2 Bedroom / 1 Bath Downstairs2BR,1BA$2.21
Highlander at North Campus Student Housing2x2 Premium2BR,2BA$1.57
Sycamore Canyons1 Bedroom 1 Bathroom1BR,1BA$2.31

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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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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Frequently Asked Questions about University Hills

What type of rentals are currently available in University Hills?

There are currently 108 Apartments for Rent in University Hills, CA with pricing that ranges from $515 to $4,005. There are also 13 Single Family Homes for rent, Condos, and Townhome rentals currently available in University Hills ranging from $1,685 to $5,800.

What is the current price range for Rental Homes in University Hills?

Today's rental pricing for Homes for Rent, Condos and Townhomes in University Hills ranges from $1,685 to $5,800 with an average monthly rent of $3,046.

How much are larger Three and Four Bedroom Rentals in University Hills?

For those who are looking for larger living arrangements, Three Bedroom Apartments in University Hills range from $515 to $4,005, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,900 to $3,400. Four Bedroom Single-Family rentals are also available starting from $3,300 and Four Bedroom Apartments start at $679.

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

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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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.

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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.