Cheap Apartments for Rent in the University Neighborhood of Riverside, CA from $600 (7 Rentals)
Search the lowest-cost Apartments available for rent right now in the University area of Riverside.
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 | $1,695 | $1,625 | $1,770 | 
| University 1 Bedroom Apartments | $1,872 | $1,375 | $2,195 | 
| University 2 Bedroom Apartments | $2,038 | $779 | $2,555 | 
| University 3 Bedroom Apartments | $2,089 | $710 | $2,975 | 
| University 4 Bedroom Apartments | $887 | $649 | $1,099 | 
Browse Apartments in this Neighborhood
There are currently 7 rentals with your search options within a 2 mile radius of the University Neighborhood of Riverside, CA.
See all Apartments in RiversideExplore Riverside
University, Riverside, CA Local Guide
- Nearby Riverside neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 $779. 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 | $779 | 
| Emerald Pointe Apartments | 2 Bed 1.5 Bath | 2BR,1BA | $1,495 | 
| Falcon Pointe Apartments | 1BR/1BA | 1BR,1BA | $1,650 | 
Best Value Apartments for Rent in University, CA
As of October 31, 2025 the best value apartment in the University area is the $0.62 price per square foot 4x4 Premium Model at Highlander at North Campus Student Housing in the in the University neighborhood starting from $949. The second greatest value University apartment is the Two Bedroom Two Bath Model at Highlander Park 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. | 
|---|---|---|---|
| Highlander at North Campus Student Housing | 4x4 Premium | 4BR,4BA | $0.62 | 
| Highlander Park | Two Bedroom Two Bath | 2BR,2BA | $2.05 | 
| Highland Parc South | ONE LEFT!!- 2025 SHARED MASTER BEDROOM! 2x2 | 2BR,2BA | $0.68 | 
| University Village Towers | 2 Bed 2.5 Bath Townhome | 2BR,2.5BA | $1.46 | 
| Emerald Pointe Apartments | 2 Bed 1.5 Bath | 2BR,1.5BA | $1.59 | 
| The Met Apartments | 2 Bedroom / 1 Bath Upstairs | 2BR,1BA | $2.11 | 
| Park View Apartments- Riverside, CA | 2bd/1ba - Premium | 2BR,1BA | $2.22 | 
| Highland Parc North | ONE SPOT LEFT!! - SHARED MASTER BEDROOM 2x1 | 2BR,1BA | $0.76 | 
| Annex on Chicago | FALL 2025 - LAST ONE BEDROOM LEFT! | 1BR,1BA | $2.24 | 
| Anderson Park Apartments- Riverside, CA | 1bd/1ba - Premium | 1BR,1BA | $2.19 | 
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.
Pet Friendly LifestyleUniversity, Riverside, CA
Ranked #7
Among cities in California for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in University, Riverside, CA
University Heights Middle
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 a cheap apartment in University?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in University is under $1,700.
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 $2,397.
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 13 regular apartments in University that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.






