Cheap Apartments for Rent in the University Neighborhood of Riverside, CA from $500 (42 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 area of Riverside.

property at 19778 Limon Ct

$990

Total Monthly Price

Total Monthly Price

Base Rent
$990
Total Monthly Price
$990

1 Bedroom, 1.5 Bath Home for Rent

Available Now

19778 Limon Ct

RiversideCA92507
property at 429 Glen St

$1,475

1 Bedroom Rentals

Available Now

429 Glen St

RiversideCA92507

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
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

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
close
View Me
1881 Loma Vista St
Studio to 3 Bedroom Apartments

1881 Loma Vista St

1881 Loma Vista StRiverside, CA 92507
  • Utilities Included

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
Las Palmas Apartments
1 to 2 Bedroom Apartments

Las Palmas Apartments

2052 W Linden StRiverside, CA 92507
  • Utilities Included
close
View Me
The Regent
1 to 2 Bedroom Apartments

The Regent

3553 Chicago AveRiverside, 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
close
View Me
La Paz Apartments
1 to 3 Bedroom Apartments

La Paz Apartments

2032 W Linden 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

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
Showing Results 1-42, Page 1 of 1

University, Riverside, CA Local Guide

Cheapest Available University Apartments for Rent

 

The cheapest available apartment rental in the University area of Riverside, CA is a 2 Beds unit found at Emerald Pointe Apartments priced from $1,495. Rock Ridge has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,525. Here are the most affordable University apartments for rent in Riverside, CA:

Apartment ListingModel NameBed/BathPriced From
Emerald Pointe Apartments2 Bed 1.5 Bath2BR,1BA$1,495
Rock Ridge1 Bedroom 1 Bath - 466061BR,1BA$1,525
Springbrook Park Apartments1BR/1.0BA1BR,1BA$1,595
Falcon Pointe Apartments1BR/1BA1BR,1BA$1,650
Fully Upgraded Senior Apartments!One Bedroom One Bath1BR,1BA$1,650
Highlander Park ApartmentsOne Bedroom One Bath1BR,1BA$1,698
Linden Court Apartments- Riverside, CA1bd/1ba - Premium1BR,1BA$1,699
Annex on ChicagoAVAILABLE NOW - 1B/1B1BR,1BA$1,699
Parkhill1BR/1.0BA1BR,1BA$1,700
Park Village Apartment Homes- Riverside, CAPark Village Apartments- Riverside, CA1BR,1BA$1,700

Best Value Apartments for Rent in University, CA

As of June 05, 2026 the best value apartment in the University 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 apartment is the Two Bedroom Two Bath Model at Highlander Park Apartments starting at $2,110 with a $2.05 price per square foot in the University neighborhood. Here is today’s list of the best values for University apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Summer MeadowsThe Highlander3BR,2BA$2.34
Highlander Park ApartmentsTwo Bedroom Two Bath2BR,2BA$2.05
Timbers Riverside Apartments2 Bedroom 2 Bath2BR,2BA$2.21
Emerald Pointe Apartments2 Bed 1.5 Bath2BR,1.5BA$1.59
The Met Apartments2 Bedroom / 1 Bath Downstairs2BR,1BA$2.25
Highlander at North Campus Student Housing2x2 Premium2BR,2BA$1.57
Springbrook Park Apartments1BR/1.0BA1BR,1BA$1.99
Annex on ChicagoAVAILABLE NOW - LAST 1B/1B with Den!1BR,1BA$2.25
Concord Village1A1BR,1BA$2.39
Rock Ridge1 Bedroom 1 Bath - 466061BR,1BA$2.38

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

Pet Friendly Lifestyle
University, Riverside, CA

Ranked #9

Among cities in California for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

Best Local Schools in
University, Riverside, CA

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you Lifestyle Ratings of rentals and neighborhoods across the USA, including University, Riverside, and the greater Riverside area. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including rankings of the best places for convenient access to the outdoors, luxury amenities, kid and pet-friendly communities, availability of transit options, and more. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap University Apartments

What is the price of a cheap apartment in University?

The cheapest apartment in University is Rock Ridge which is listed at $1,525, while the average apartment in University costs $2,700.

What types of apartments are the cheapest in University?

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 12 regular apartments in University that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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 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.

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.