Cheap Apartments for Rent in the University Neighborhood of Riverside, CA from $500 (55 Rentals)

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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
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Boulder Creek
$1,596 - $2,601
Total Monthly Price

Total Monthly Price

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$1,596 - $2,601
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Varies
Studio to 2 Bedroom Apartments Available Now

Boulder Creek

2442 Iowa AveRiverside, CA 92507
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The Ultimate Local's Guide to Living in Riverside, CA

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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
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Las Palmas Apartments
1 to 2 Bedroom Apartments

Las Palmas Apartments

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

The Regent

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

Linden Manor

1245 W Linden StRiverside, CA 92507
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La Paz Apartments
1 to 3 Bedroom Apartments

La Paz Apartments

2032 W Linden StRiverside, 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.

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Park Village
1 to 2 Bedroom Apartments

Park Village

3735 Kansas AveRiverside, CA 92507

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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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 Highland Parc North - Near UCR priced from $680. 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
Highland Parc North - Near UCRFALL '26 WASHERDRYER UNIT2BR,2BA$680
Emerald Pointe Apartments2 Bed 1.5 Bath2BR,1BA$1,495
Annex on ChicagoAVAILABLE NOW - 1B/1B1BR,1BA$1,699
Falcon Pointe Apartments1BR/1BA1BR,1BA$1,750
Concord Square ApartmentsOne Bedroom1BR,1BA$1,775
Springbrook Park Apartments2BR/1.0BA2BR,1BA$1,795
Concord Village1A1BR,1BA$1,795
WINDWOODPlan D1BR,1BA$1,799
Parkhill1BR/1.0BA1BR,1BA$1,825
Timbers Riverside Apartments1 Bedroom 1 Bath Split Level1BR,1BA$1,830

Best Value Apartments for Rent in University, CA

As of July 21, 2026 the best value apartment in the University 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 apartment is the The Highlander Model at Summer Meadows starting at $2,825 with a $2.38 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.
Highlander at North Campus Student Housing4x4 Premium4BR,4BA$0.71
Summer MeadowsThe Highlander3BR,2BA$2.38
Springbrook Park Apartments3BR/2.0BA3BR,2BA$2.00
The Lindy East & West Apartments2 Bed / 2 Bath - Upstairs2BR,2BA$1.90
Emerald Pointe Apartments2 Bed 1.5 Bath2BR,1.5BA$1.59
The Met Apartments2 Bedroom / 1 Bath Downstairs2BR,1BA$2.21
Annex on ChicagoAVAILABLE NOW - LAST 1B/1B with Den!1BR,1BA$2.25
Concord Village1A1BR,1BA$2.39
Highland Parc North - Near UCRFALL '26 WASHERDRYER UNIT2BR,2BA$0.94
Concord Square ApartmentsOne Bedroom1BR,1BA$2.47

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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Pet Friendly Lifestyle
University, Riverside, CA

Ranked #10

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 price of a cheap apartment in University?

The cheapest apartment in University is University Court which is listed at $1,695, while the average apartment in University costs $3,849.

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 18 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 $1,836 which is $2,013 cheaper than the average rent for all rentals in University.

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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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.

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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.

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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.