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Cheap Apartments for Rent in the University Neighborhood of Riverside, CA from $600 (6 Rentals)
Search the lowest-cost Apartments available for rent right now in the University area of Riverside.
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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
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The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
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University, Riverside, CA Local Guide
How much does it cost to rent an apartment in University?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| University Studio Apartments | $1,668 | $1,585 | $1,770 |
| University 1 Bedroom Apartments | $1,920 | $835 | $3,435 |
| University 2 Bedroom Apartments | $2,162 | $660 | $3,360 |
| University 3 Bedroom Apartments | $1,977 | $615 | $3,708 |
| University 4 Bedroom Apartments | $1,130 | $960 | $1,215 |
Browse Apartments in this Neighborhood
There are currently 6 rentals with your search options within a 2 mile radius of the University Neighborhood of Riverside, CA.
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University, Riverside, CA Local Guide
- Nearby Riverside neighborhoods
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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 Highlander at North Campus Student Housing priced from $799. Emerald Pointe Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,495. Here are the most affordable University apartments for rent in Riverside, CA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Highlander at North Campus Student Housing | 2x2 | 2BR,2BA | $799 |
| Emerald Pointe Apartments | 2 Bed 1.5 Bath | 2BR,1BA | $1,495 |
| Boulder Creek | Studio - Classic | Studio,1BA | $1,585 |
Best Value Apartments for Rent in University, CA
As of June 14, 2025 the best value apartment in the University area is the $1.08 price per square foot 3481 Columbia Ave Model at 3481 Columbia Ave in the in the University neighborhood starting from $1,300. The second greatest value University apartment is the 1196 Fountain St Model at 1196 Fountain St, Unit A starting at $2,290 with a $2.29 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 3481 Columbia Ave | 3481 Columbia Ave | 1BR,1BA | $1.08 |
| 1196 Fountain St, Unit A | 1196 Fountain St | 3BR,1BA | $2.29 |
| University Village Towers | 3 Bed 3 Bath | 3BR,3BA | $1.29 |
| 1170 - Highland Parc | PRELEASING - FALL 2025 JUNIOR SUITE BEDROOM | 3BR,2BA | $0.76 |
| Emerald Pointe Apartments | 2 Bed 1.5 Bath | 2BR,1.5BA | $1.59 |
| Waldorf Apartments- Riverside, CA | 2bd/2ba - Premium | 2BR,2BA | $2.30 |
| Highlander at North Campus Student Housing | 2x2 Premium | 2BR,2BA | $1.40 |
| University Riverside Gardens | GUEST BEDROOM IN 2X1 FOR LEASE IMMEDIATE MOVE I... | 2BR,1BA | $1.16 |
| Annex on Chicago | 1 BEDROOM UNIT AVAILABLE NOW - 1/2 OFF DEPOSIT... | 1BR,1BA | $2.25 |
| Anderson Park Apartments- Riverside, CA | Waitlist- FULLY UPGRADED 1 BED 1 BATH in RIVERS... | 1BR,1BA | $2.19 |
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Pet Friendly LifestyleUniversity, Riverside, CA
Ranked #6
Among neighborhoods in Riverside, CA for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in University, Riverside, CA
University Heights Middle
Riverside Unified School District
Public School - Grades 7-8 (804)
5 out of 10
School data provided by Great Schools
Getting Around the University Neighborhood in Riverside, CA
Walk Score®
50 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
60 / 100
Bikeable
Some bike infrastructure
Transit Score®
32 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap University Apartments
What is the price of a cheap apartment in University?
The cheapest apartment in University is Falcon Pointe Apartments which is listed at $1,650, while the average apartment in University costs $2,290.
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 21 regular apartments in University 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?
Cheap apartments in University have an average cost of $783 which is $1,507 cheaper than the average rent for all rentals in University.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.