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
2.1%
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, Mary Vagle Nature Center, and California Square. 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 UCR Botanic Gardens, UC Riverside, and California Citrus State Historical Park. 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 Louis Robidoux Nature Center, California Citrus State Historical Park, and California Baptist University.
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 UCR Botanic Gardens, Mary Vagle Nature Center, and Ontario International. 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 UC Riverside, Riverside City College, and Louis Robidoux Nature Center. 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.