
Cheap Homes for Rent in University Neighborhood of Riverside, CA from $800 (6 Rentals)
Search the lowest-cost Homes available for rent right now in the University area of Riverside.


20215 Patchfield Dr

3420 Bahia Pl
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.

3455 Dwight Ave, Unit Bedroom 3, Unit Bedroom 3

494 Alta Mesa Dr

1408 Everton Pl, Unit RIVERSIDE 1 BR APT UCR, Unit RIVERSIDE 1 BR APT UCR
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.
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 | $2,322 | $1,950 | $2,695 |
| University 3 Bedroom Homes for Rent | $3,054 | $950 | $4,500 |
| University 4 Bedroom Homes for Rent | $3,150 | $3,100 | $3,200 |
| University 5 Bedroom Homes for Rent | $5,100 | $5,000 | $5,200 |
| University 6 Bedroom Homes for Rent | $5,250 | $5,250 | $5,250 |
Browse Homes for Rent 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
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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 |
| Springbrook Park Apartments | 1BR/1.0BA | 1BR,1BA | $1,549 |
Best Value Apartments for Rent in University, CA
As of April 24, 2026 the best value apartment in the University area is the $1.90 price per square foot 2 Bed / 2 Bath - UPSTAIRS 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 Two Bedroom Two Bath Model at Highlander Park Apartments 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. |
|---|---|---|---|
| The Lindy East & West Apartments | 2 Bed / 2 Bath - UPSTAIRS | 2BR,2BA | $1.90 |
| Highlander Park Apartments | Two Bedroom Two Bath | 2BR,2BA | $2.05 |
| Los Arbolitos Riverside Apartments | 2 Bedroom 1 Bath | 2BR,1BA | $2.12 |
| 1960 W Linden St, Unit 1960 W Linden St Riversid | 1960 W Linden St | 2BR,1.5BA | $2.27 |
| Dwell Apartment Homes | Two Bedroom Two Bath C | 2BR,2BA | $2.42 |
| Emerald Pointe Apartments | 2 Bed 1.5 Bath | 2BR,1.5BA | $1.59 |
| Anderson Park Apartments- Riverside, CA | 1bd/1ba - Premium | 1BR,1BA | $2.25 |
| Annex on Chicago | AVAILABLE NOW - LAST 1B/1B with Den! | 1BR,1BA | $2.25 |
| Springbrook Park Apartments | 1BR/1.0BA | 1BR,1BA | $1.94 |
| Concord Village | 1A | 1BR,1BA | $2.39 |
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.
Read ArticleDon't Settle: How to Negotiate Your Apartment Lease and Save Money
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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 #9
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 $515 to $3,721. There are also 23 Single Family Homes for rent, Condos, and Townhome rentals currently available in University ranging from $800 to $5,250.
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 $800 to $5,250 with an average monthly rent of $3,373.
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 $515 to $3,130, while Three Bedroom Homes, Condos, and Townhomes for rent range from $950 to $4,500. Four Bedroom Single-Family rentals are also available starting from $3,100 and Four Bedroom Apartments start at $649.
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.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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.

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.