Most Affordable Neighborhoods in Riverside, CA

Some of the cheapest neighborhoods in Riverside are Wood Streets, Eastside, and Riverside Airport. These neighborhoods offer some of the lowest rent prices in Riverside, making them ideal for renters on a budget. As of March 16, 2025, the average rent in Riverside is $1,856, which is 1.3% higher than last year. However, it's important to remember that rental prices can vary significantly based on factors such as location, amenities, and floor plans.

Wood Streets

Average Rent

$1,660/Month

Year-Over-Year Rent Change

1.3%

TransitScore® Rating

40/100

Units Available

7 Rentals

Wood Streets is a historic neighborhood in Riverside, known for its charming homes and picturesque tree-lined streets. The nearby Riverside Metropolitan Museum offers residents a glimpse into local history and culture. Renters will appreciate the area's suburban feel, with convenient access to schools and parks.

Eastside

Average Rent

$1,757/Month

Year-Over-Year Rent Change

2.2%

TransitScore® Rating

41/100

Units Available

28 Rentals

Eastside is a conveniently located neighborhood in Riverside, offering a perfect blend of residential charm and commercial convenience just minutes from downtown. The Fox Performing Arts Center stands as a cultural highlight, providing diverse entertainment. Renters will appreciate the easy access to parks, top schools, and a variety of shopping centers.

Riverside Airport

Average Rent

$1,921/Month

Year-Over-Year Rent Change

0.4%

TransitScore® Rating

18/100

Units Available

30 Rentals

Ramona features a blend of residential homes with easy access to local schools, parks, and shopping centers. The Riverside Metropolitan Museum offers residents a cultural touchpoint, enriching the area's appeal. Renters will appreciate the suburban atmosphere and the convenience of being close to downtown Riverside.

Arlanza

Average Rent

$1,942/Month

Year-Over-Year Rent Change

1.9%

TransitScore® Rating

28/100

Units Available

30 Rentals

Arlanza is a beauty of a neighborhood in Riverside, known for its affordable housing and welcoming community atmosphere. The nearby Martha McLean-Anza Narrows Park provides residents with a scenic spot for outdoor activities. Renters will benefit from easy access to local schools, parks, and various shopping options.

Ramona

Average Rent

$1,999/Month

Year-Over-Year Rent Change

0.6%

TransitScore® Rating

34/100

Units Available

60 Rentals

When you’re looking for a great Riverside neighborhood on a budget, check out Ramona. The average rent is $1,999, compared to the city average of $1,856. Rent prices have increased by 0.6%. Ramona is convenient to California Baptist University, Azusa Downtown Station, and Louis Robidoux Nature Center. The community is somewhat walkable with a WalkScore® of 59.

University Hills

Average Rent

$2,018/Month

Year-Over-Year Rent Change

4.5%

TransitScore® Rating

22/100

Units Available

9 Rentals

University Hills is an affordable neighborhood in Riverside with an average rent price of $2,018. Compare this to the city average of $1,856. In the past year, rent prices have decreased by 4.5%. University Hills provides easy access to Watkins Plaza, UCR Botanic Gardens, and University Village. It’s a somewhat walkable neighborhood with a WalkScore® of 54.

Arlington

Average Rent

$2,034/Month

Year-Over-Year Rent Change

4.8%

TransitScore® Rating

39/100

Units Available

14 Rentals

Arlington showcases a historic neighborhood in Riverside, renowned for its enchanting tree-lined streets and charming homes. The nearby California Citrus State Historic Park offers a glimpse into the area's agricultural past. Renters will enjoy the neighborhood's proximity to quality schools, diverse shopping, and dining options, creating a pleasant and convenient living experience.

La Sierra Acres

Average Rent

$2,125/Month

Year-Over-Year Rent Change

0.2%

TransitScore® Rating

26/100

Units Available

6 Rentals

If you’re looking for a great, affordable neighborhood in Riverside, La Sierra Acres might be the perfect place! It has an average rent price of $2,125, while the city’s average stands at $1,856. In the last year, prices have decreased by 0.2%. La Sierra Acres is near John Wayne/Orange County, Azusa Downtown Station, and Norco College.

Presidential Park

Average Rent

$2,193/Month

TransitScore® Rating

30/100

Units Available

8 Rentals

Presidential Park is a top choice for budget-conscious renters for a variety of reasons. The average rent in Presidential Park is $2,193 while the city average is $1,856. Residents enjoy convenient access to UC Riverside, Riverside City College, and California Citrus State Historical Park. The neighborhood is considered car-dependent with a WalkScore® of 36.

Sycamore Canyon Canyon Springs

Average Rent

$2,308/Month

Year-Over-Year Rent Change

3.6%

TransitScore® Rating

25/100

Units Available

67 Rentals

When you’re looking for a great Riverside neighborhood on a budget, check out Sycamore Canyon Canyon Springs. The average rent is $2,308, compared to the city average of $1,856. Rent prices have decreased by 3.6%. Sycamore Canyon Canyon Springs is convenient to UCR Botanic Gardens, Ontario International, and California Citrus State Historical Park. The community is car-dependent with a WalkScore® of 26.

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Methodology

Transit Score measures access to public transit. Scores range from 0 (minimal transit) to 100 (rider’s paradise). Learn more about the Transit Score methodology. Rental data is sourced from CoStar Group’s Market Trend reports. As a leading authority in commercial real estate information, analytics, and news, CoStar performs in-depth research to build and sustain an extensive database of commercial real estate insights.

We've combined this data with public records to provide the most current rental information available.