Riverside, CA Rental Market Trends
What is the average rent in Riverside?
The average rent for an apartment in Riverside is $1,905. The cost of rent varies depending on several factors, including location, size, and quality.
Average Rent in Riverside, CA
|Average Rent||Average Apartment Size|
|$1,905||847 sq. ft.|
What is the average apartment size in Riverside?
The average size for a Riverside, CA apartment is 847 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Riverside, CA Apartment Rent Ranges
Riverside, CA Occupied Housing Units
25,145 or 27% of the households in Riverside, CA are renter-occupied while 65,577 or 72% are owner-occupied.
Riverside, CA Rent Trends
|Jul / 2018||Nov / 2018||Mar / 2019||Jul / 2019||Nov / 2019||Mar / 2020||Jul / 2020||Nov / 2020||Mar / 2021||Jul / 2021||Aug / 2021|
Average Rent in Riverside, CA By Neighborhood
|Sycamore Canyon - Canyon Springs||$1,980|
|Sycamore Canyon Park||$1,967|
|La Sierra Acres||$1,876|
|La Sierra Hills||$1,876|
|La Sierra South||$1,641|
What are the most affordable neighborhoods in Riverside?
The most affordable neighborhoods in Riverside are Downtown Riverside, where the average rent goes for $1,483/month, Northside Riverside, where renters pay $1,483/mo on average, and Grand, where the average rent goes for $1,499/mo. If you’re looking for other great deals, check out the listings from Casa Blanca ($1,501), Magnolia Center ($1,501), and Hawarden Hills ($1,523), where the asking prices are below the average Riverside rent of $1,905/mo.
What are the most expensive neighborhoods in Riverside?
The most expensive neighborhoods in Riverside are University ($1,967), Sycamore Canyon - Canyon Springs ($1,980) and Orangecrest ($2,128).
What are the most popular neighborhoods in Riverside?
The most popular neighborhood in Riverside is Canyon Crest, where there are 7 verified RENTCafé listings with an average rent of $1,945. Next up is University, where apartments go for $1,967/month, followed by Magnolia Center with $1,501 If you’re looking to rent in Riverside’s most popular neighborhoods, make sure to also check out La Sierra, where renters pay $1,876 on average, and Arlanza, where the average monthly rent is $1,641.
Riverside | Rent Comparison by Neighborhood
Rent in Airport is 17% lower than in Alessandro Heights
Airport rent is 17% lower than Riverside average
Alessandro Heights rent is 1% lower than Riverside average
How Riverside Compares to Other Cities