
Cheap Homes for Rent in University Neighborhood of Riverside, CA from $800 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the University area of Riverside.


19778 Limon Ct
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.

494 Alta Mesa Dr

1301 Massachusetts Ave, Unit 205
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.

1339 Massachusetts Ave, Unit 101
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 | $3,250 | $3,250 | $3,250 |
| University 3 Bedroom Homes for Rent | $3,031 | $2,900 | $3,200 |
| University 4 Bedroom Homes for Rent | $4,330 | $3,300 | $5,800 |
| University 5 Bedroom Homes for Rent | $4,345 | $4,300 | $4,390 |
Browse Homes for Rent in this Neighborhood
There are currently 5 rentals with your search options within a 2 mile radius of the University Neighborhood of Riverside, CA.
Explore Riverside
University, Riverside, CA Local Guide
- Nearby Riverside neighborhoods
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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 $1,525. 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 - 46606 | 1BR,1BA | $1,525 |
| Springbrook Park Apartments | 1BR/1.0BA | 1BR,1BA | $1,595 |
Best Value Apartments for Rent in University, CA
As of June 09, 2026 the best value apartment in the University area is the $2.34 price per square foot The Highlander Model at Summer Meadows in the in the University neighborhood starting from $2,775. 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. |
|---|---|---|---|
| Summer Meadows | The Highlander | 3BR,2BA | $2.34 |
| Highlander Park Apartments | Two Bedroom Two Bath | 2BR,2BA | $2.05 |
| Timbers Riverside Apartments | 2 Bedroom 2 Bath | 2BR,2BA | $2.21 |
| Emerald Pointe Apartments | 2 Bed 1.5 Bath | 2BR,1.5BA | $1.59 |
| The Met Apartments | 2 Bedroom / 1 Bath Downstairs | 2BR,1BA | $2.25 |
| Highlander at North Campus Student Housing | 2x2 Premium | 2BR,2BA | $1.57 |
| Springbrook Park Apartments | 1BR/1.0BA | 1BR,1BA | $1.99 |
| Annex on Chicago | AVAILABLE NOW - LAST 1B/1B with Den! | 1BR,1BA | $2.25 |
| Concord Village | 1A | 1BR,1BA | $2.39 |
| Rock Ridge | 1 Bedroom 1 Bath - 46606 | 1BR,1BA | $2.38 |
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 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 #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 $3,947. There are also 18 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 $3,305.
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 $3,947, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,900 to $3,200. Four Bedroom Single-Family rentals are also available starting from $3,300 and Four Bedroom Apartments start at $679.
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.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.