Riverside, CA Rental Market Trends
The average rent for an apartment in Riverside is $1,594, a 5% increase compared to the previous year.
Average Rent in Riverside, CA
|Average Rent||Y-o-Y Change||Average Apartment Size|
|$1,594||5%||846 sq. ft.|
The average size for a Riverside, CA apartment is 846 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
- > $2,00012%
Riverside, CA Occupied Housing Units
- Renter-occupied Households26%
- Owner-occupied Households73%
24,386 or 26% of the households in Riverside, CA are renter-occupied while 66,588 or 73% are owner-occupied.
Riverside, CA Rent Trends
|Nov / 2016||Mar / 2017||Jul / 2017||Nov / 2017||Mar / 2018||Jul / 2018||Nov / 2018||Mar / 2019||Jul / 2019||Nov / 2019||Dec / 2019|
Average Rent in Riverside, CA By Neighborhood
|La Sierra South||$1,438|
|La Sierra Hills||$1,646|
|La Sierra Acres||$1,646|
|Sycamore Canyon Park||$1,732|
|Sycamore Canyon - Canyon Springs||$1,744|
The most affordable neighborhoods in Riverside are Downtown Riverside, where the average rent goes for $1,227/month, Northside Riverside, where renters pay $1,227/mo on average, and Hawarden Hills, where the average rent goes for $1,295/mo. If you’re looking for other great deals, check out the listings from Victoria ($1,295), Wood Streets ($1,295), and Grand ($1,335), where the asking prices are below the average Riverside rent of $1,594/mo.
The most expensive neighborhoods in Riverside are University ($1,732), Sycamore Canyon - Canyon Springs ($1,744) and Orangecrest ($1,872).
The most popular neighborhood in Riverside is University, where there are 7 verified RENTCafé listings with an average rent of $1,732. Next up is La Sierra, where apartments go for $1,646/month, followed by Magnolia Center with $1,353 If you’re looking to rent in Riverside’s most popular neighborhoods, make sure to also check out Arlanza, where renters pay $1,438 on average, and Canyon Crest, where the average monthly rent is $1,710.
Riverside | Rent Comparison by Neighborhood
Rent in Airport is 15% lower than in Alessandro Heights
Airport rent is 12% lower than Riverside average
Alessandro Heights rent is 4% higher than Riverside average
How Riverside Compares to Other Cities
|Average Rent||Y-o-Y Change|
|Moreno Valley City||$1,539||6%|
For more information about the Riverside rental trends, check out our monthly rent report
Curious about listings in your area? Check out our apartments near you for more details!
Cheapest Listings on RENTCafé
- North Pointe (Riverside)
- Concord Square Apartments
- Cranford Court Apts
- Raincross Senior Village
- Boulder Creek
- Berkdale Apartments
- Highlander Pointe
- Palm Central South Apartments
- Laurel Heights Apartments
- Sunstone Place
- Sycamore Canyons
- Casa De Jerardo Apartments
- The Hills at Quail Run
- Highlander Park Apts
- Estancia Apartment Homes
- Riverwalk Landing
- Metro Gateway
- Mission Lofts