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

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

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.

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Boulder Creek
$1,741 - $2,341
Total Monthly Price

Total Monthly Price

Base Rent
$1,741 - $2,341
Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Boulder Creek

2442 Iowa AveRiverside, CA 92507
Furnished
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  • 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.

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1881 Loma Vista St
Studio to 3 Bedroom Apartments

1881 Loma Vista St

1881 Loma Vista 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.

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Las Palmas Apartments
1 to 2 Bedroom Apartments

Las Palmas Apartments

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

The Regent

3553 Chicago AveRiverside, CA 92507
  • Utilities Included
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Linden Manor
1 to 3 Bedroom Apartments

Linden Manor

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

University Court

1415-1421 7th StRiverside, CA 92507
  • Utilities Included
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La Paz Apartments
1 to 3 Bedroom Apartments

La Paz Apartments

2032 W Linden StRiverside, CA 92507
  • Utilities Included
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4406 Angelo St
Studio Apartments

4406 Angelo St

4406 Angelo StRiverside, CA 92507

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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Parkhill Apartments
1 to 2 Bedroom Apartments

Parkhill Apartments

991 W Blaine StRiverside, CA 92507
  • Utilities Included
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

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Showing Results 1-44, 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 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 ListingModel NameBed/BathPriced From
Highlander at North Campus Student Housing2x22BR,2BA$799
Emerald Pointe Apartments2 Bed 1.5 Bath2BR,1BA$1,495
Rock Ridge1 Bedroom 1 Bath - 466061BR,1BA$1,575
Highlander Park ApartmentsOne Bedroom One Bath1BR,1BA$1,698
Annex on ChicagoAVAILABLE NOW - 1B/1B1BR,1BA$1,699
Falcon Pointe Apartments1BR/1BA1BR,1BA$1,700
Boulder Creek1 Bed 1 Bath A - Classic1BR,1BA$1,706
Linden Court Apartments- Riverside, CA1bd/1ba - Premium1BR,1BA$1,725
Berkdale ApartmentsJunior 1 Bedroom 1 Bath1BR,1BA$1,750
Cranford CourtA1BR,1BA$1,781

Best Value Apartments for Rent in University, CA

As of April 17, 2026 the best value apartment in the University area is the $1.90 price per square foot 2 Bed / 2 Bath - DOWNSTAIRS Model at The Lindy East & West Apartments in the in the University neighborhood starting from $1,995. The second greatest value University apartment is the 2 Bedroom 1 Bath Model at Los Arbolitos Riverside Apartments starting at $1,989 with a $2.02 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.
The Lindy East & West Apartments2 Bed / 2 Bath - DOWNSTAIRS2BR,2BA$1.90
Los Arbolitos Riverside Apartments2 Bedroom 1 Bath2BR,1BA$2.02
1960 W Linden St, Unit 1960 W Linden St Riversid1960 W Linden St2BR,1.5BA$2.27
Emerald Pointe Apartments2 Bed 1.5 Bath2BR,1.5BA$1.59
The Met Apartments2 Bedroom / 1 Bath Upstairs2BR,1BA$2.06
Annex on ChicagoAVAILABLE NOW - LAST 1B/1B with Den!1BR,1BA$2.25
Briarwood Apartments - Riverside, CA1bd/1ba - Premium1BR,1BA$2.40
Concord Village1A1BR,1BA$2.39
Highlander Park ApartmentsOne Bedroom One Bath1BR,1BA$2.39
Rock Ridge1 Bedroom 1 Bath - 466061BR,1BA$2.46

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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.

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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.

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Pet Friendly Lifestyle
University, Riverside, CA

Ranked #14

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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 Cheapest Studio apartment in University?

Currently the most affordable Cheap Studio Apartment in University is at Boulder Creek listed at $1,726.

How much is rent for a Cheap One Bedroom University Apartment?

The lowest price for a Cheap One Bedroom University Apartment is $1,675 at Rock Ridge.

What is the lowest price for a Cheap Two Bedroom University Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in University is starting from $799 at Highlander at North Campus Student Housing.

What is the most affordable University Three Bedroom Apartment?

The best deal on a cheap University Three Bedroom Apartment rental is at Rock Ridge and starts from $2,025.

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 What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.