Most Affordable Neighborhoods in Riverside, CA

Some of the cheapest neighborhoods in Riverside are Wood Streets, Eastside, and Grand. These neighborhoods offer some of the lowest rent prices in Riverside, making them ideal for renters on a budget. As of December 26, 2024, the average rent in Riverside is $1,809, which is 1.2% 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

$1,726/Month

Year-Over-Year Rent Change

1.3%

TransitScore® Rating

40/100

Units Available

19 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

$1,786/Month

Year-Over-Year Rent Change

1.7%

TransitScore® Rating

41/100

Units Available

21 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.

Grand

Average Rent

$1,792/Month

Year-Over-Year Rent Change

0.3%

TransitScore® Rating

27/100

Units Available

19 Rentals

Grand offers a lovely atmosphere with spacious homes, ideal for those seeking a suburban lifestyle. The neighborhood features the California Citrus State Historic Park, where residents can enjoy the area's natural beauty and citrus heritage. Renters will appreciate its proximity to downtown Riverside and convenient access to shopping centers.

Riverside Airport

Average Rent

$1,878/Month

Year-Over-Year Rent Change

3.9%

TransitScore® Rating

18/100

Units Available

39 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

$1,906/Month

Year-Over-Year Rent Change

1.1%

TransitScore® Rating

28/100

Units Available

45 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.

La Sierra Acres

Average Rent

$2,043/Month

Year-Over-Year Rent Change

0.9%

TransitScore® Rating

26/100

Units Available

8 Rentals

When you’re looking for a great Riverside neighborhood on a budget, check out La Sierra Acres. The average rent is $2,043, compared to the city average of $1,809. Rent prices have increased by 0.9%. La Sierra Acres is convenient to Town and County Center, California Baptist University, and Hidden Valley Nature Center. The community is car-dependent with a WalkScore® of 48.

Arlington

Average Rent

$2,053/Month

Year-Over-Year Rent Change

2.5%

TransitScore® Rating

39/100

Units Available

22 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.

University Hills

Average Rent

$2,058/Month

Year-Over-Year Rent Change

7.2%

TransitScore® Rating

22/100

Units Available

7 Rentals

University Hills is an affordable neighborhood in Riverside with an average rent price of $2,058. Compare this to the city average of $1,809. In the past year, rent prices have increased by 7.2%. University Hills provides easy access to University Plaza, Riverside City College, and Loma Linda University. It’s a somewhat walkable neighborhood with a WalkScore® of 54.

Ramona

Average Rent

$2,096/Month

Year-Over-Year Rent Change

1.2%

TransitScore® Rating

34/100

Units Available

42 Rentals

If you’re looking for a great, affordable neighborhood in Riverside, Ramona might be the perfect place! It has an average rent price of $2,096, while the city’s average stands at $1,809. In the last year, prices have increased by 1.2%. Ramona is near Adams Plaza, John Wayne/Orange County, and Riverside City College.

Presidential Park

Average Rent

$2,193/Month

TransitScore® Rating

30/100

Units Available

12 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 $1,809. Residents enjoy convenient access to Duarte / City Of Hope Station, California Citrus State Historical Park, and Apu / Citrus College Station. The neighborhood is considered car-dependent with a WalkScore® of 36.

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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.