
Cheap Homes for Rent in the University Neighborhood of Riverside, CA from $850 (7 Rentals)
Search the lowest-cost Homes available for rent right now in the University area of Riverside.


3455 Dwight Ave, Unit Bedroom 1

1335 Massachusetts Ave, Unit 101
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.

1329 Massachusetts Ave

1829 Loma Vista St

4232 Michael St
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4232 Michael St
University, Riverside, CA Local Guide

How much does it cost to rent a home in University?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| University 2 Bedroom Homes for Rent | $2,465 | $2,300 | $2,795 |
| University 3 Bedroom Homes for Rent | $2,999 | $2,549 | $3,999 |
| University 4 Bedroom Homes for Rent | $3,949 | $3,100 | $5,800 |
| University 5 Bedroom Homes for Rent | $3,050 | $850 | $4,400 |
Browse Homes for Rent in this Neighborhood
There are currently 7 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
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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 Emerald Pointe Apartments priced from $1,495. Rock Ridge has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,695. Here are the most affordable University apartments for rent in Riverside, CA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Emerald Pointe Apartments | 2 Bed 1.5 Bath | 2BR,1BA | $1,495 |
| Rock Ridge | 1 Bedroom 1 Bath - 78079 | 1BR,1BA | $1,695 |
| University Court | 1 bed 1 bath | 1BR,1BA | $1,695 |
Best Value Apartments for Rent in University, CA
As of September 07, 2026 the best value apartment in the University area is the $2.07 price per square foot Two Bedroom Two Bath Model at Highlander Park Apartments in the in the University neighborhood starting from $2,133. The second greatest value University apartment is the The Summit Model at Summer Meadows starting at $2,275 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. |
|---|---|---|---|
| Highlander Park Apartments | Two Bedroom Two Bath | 2BR,2BA | $2.07 |
| Summer Meadows | The Summit | 2BR,2BA | $2.29 |
| Dwell Apartment Homes | Two Bedroom Two Bath C | 2BR,2BA | $2.47 |
| Emerald Pointe Apartments | 2 Bed 1.5 Bath | 2BR,1.5BA | $1.59 |
| The Met Apartments | 2 Bedroom / 1 Bath Upstairs | 2BR,1BA | $2.08 |
| Concord Square Apartments | Two Bedroom | 2BR,2BA | $2.39 |
| Briarwood Apartments - Riverside, CA | 2bd/1ba - Premium | 2BR,1BA | $2.28 |
| Annex on Chicago | AVAILABLE NOW - LAST 1B/1B with Den! | 1BR,1BA | $2.25 |
| Concord Village | 1A | 1BR,1BA | $2.39 |
| 1765 Martin Luther King Blvd, Unit 1-Bedroom Apartment for Rent in Riverside | 1765 Martin Luther King Blvd | 1BR,1BA | $2.36 |
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 ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Read ArticleReal 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 ArticleQuick 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 #12
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
Frequently Asked Questions about University
What type of rentals are currently available in University?
There are currently 194 Apartments for Rent in University, CA with pricing that ranges from $500 to $3,909. There are also 23 Single Family Homes for rent, Condos, and Townhome rentals currently available in University ranging from $850 to $5,800.
What is the current price range for Rental Homes in University?
Today's rental pricing for Homes for Rent, Condos and Townhomes in University ranges from $850 to $5,800 with an average monthly rent of $2,946.
How much are larger Three and Four Bedroom Rentals in University?
For those who are looking for larger living arrangements, Three Bedroom Apartments in University range from $500 to $3,909, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,549 to $3,999. Four Bedroom Single-Family rentals are also available starting from $3,100 and Four Bedroom Apartments start at $739.
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

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.

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.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.