Riverside, CA Rental Market Trends
What is the average rent in Riverside?
The average rent for an apartment in Riverside is $2,214. The cost of rent varies depending on several factors, including location, size, and quality.
Average rent in Riverside, CA
Last updated November 2024
| Average Rent | Average Apartment Size |
|---|---|
| $2,214 | 849 sq. ft. |
What is the average apartment size in Riverside?
The average size for a Riverside, CA apartment is 849 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
40,313 or 45% of the households in Riverside, CA are renter-occupied while 50,227 or 55% are owner-occupied.
Riverside, CA rent trends
Average Rent in Riverside, CA By Neighborhood
| City | Average Rent |
|---|---|
| Orangecrest | $2,547 |
| Downtown Riverside | $2,343 |
| Northside Riverside | $2,343 |
| Sycamore Canyon - Canyon Springs | $2,342 |
| Alessandro Heights | $2,338 |
| Mission Grove | $2,338 |
| Eastside Riverside | $2,324 |
| Hunter | $2,324 |
| Sycamore Canyon Park | $2,324 |
| University | $2,324 |
| Canyon Crest | $2,308 |
| La Sierra | $2,296 |
| La Sierra Acres | $2,296 |
| La Sierra Hills | $2,296 |
| Hawarden Hills | $2,066 |
| Victoria | $2,066 |
| Wood Streets | $2,066 |
| Arlanza | $2,041 |
| Arlington | $2,041 |
| Arlington South | $2,041 |
| La Sierra South | $2,041 |
| Grand | $2,035 |
| Airport | $1,993 |
| Arlington Heights | $1,993 |
| Presidential Park | $1,993 |
| Ramona Riverside | $1,993 |
| Casa Blanca | $1,948 |
| Magnolia Center | $1,948 |
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What are the most affordable neighborhoods in Riverside?
The most affordable neighborhoods in Riverside are Casa Blanca, where the average rent goes for $1,948/month, Magnolia Center, where renters pay $1,948/mo on average, and Airport, where the average rent goes for $1,993/mo. If you’re looking for other great deals, check out the listings from Arlington Heights ($1,993), Presidential Park ($1,993), and Ramona Riverside ($1,993), where the asking prices are below the average Riverside rent of $2,214/mo.
What are the most expensive neighborhoods in Riverside?
The most expensive neighborhoods in Riverside are Downtown Riverside ($2,343), Northside Riverside ($2,343) and Orangecrest ($2,547).
What are the most popular neighborhoods in Riverside?
The most popular neighborhood in Riverside is La Sierra, where there are 10 listings with an average rent of $2,296. Next up is University, where apartments go for $2,324/month, followed by Canyon Crest with $2,308 If you’re looking to rent in Riverside’s most popular neighborhoods, make sure to also check out Magnolia Center, where renters pay $1,948 on average, and Ramona Riverside, where the average monthly rent is $1,993.
Riverside | Rent Comparison by Neighborhood
Rent in Airport is 15% lower than in Alessandro Heights
$1,993
Airport rent is 10% lower than Riverside average
Average Rent
$1,993
$2,338
Alessandro Heights rent is 6% higher than Riverside average
Average Rent
$2,338
How Riverside Compares to Other Cities
| State | Average Rent |
|---|---|
| Los Angeles | $2,761 |
| San Francisco | $3,313 |
| East Bay | $2,570 |
| San Diego | $3,001 |
| Sacramento | $1,898 |
| Long Beach | $2,629 |
| San Jose | $3,036 |
| Oakland | $2,581 |
| Tulare | $1,732 |
| Fresno | $1,592 |
| Riverside | $2,214 |
| Moreno Valley | $2,171 |
| Ontario | $2,400 |
| Orange | $2,751 |
| Upland | $2,288 |
| Pomona | $2,220 |
| San Bernardino | $1,799 |
| Rancho Cucamonga | $2,544 |
| Fontana | $2,006 |
| Redlands | $2,187 |
| Colton | $1,829 |
What is the average price for a storage unit in Riverside?
The average rent for a non-climate-controlled 10'x10' storage unit in Riverside is $151.54. Rental costs vary depending on several factors, including unit size and the storage facility's location and amenities.
Most Popular Apartments in Riverside
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Metro Gateway Apartment Homes
3411 Grande Vista Pkwy, Riverside, CA 92503| STUDIO | $1,995+ |
| 1 BED | $1,975+ |
| 2 BEDS | $2,825+ |
The Hills At Quail Run Apartment Homes
5059 Quail Run Road, Riverside, CA 92507| 1 BED | $2,175+ |
| 2 BEDS | $2,620+ |
| 3 BEDS | N/A |
International Village UCR Student Housing
1100 Everton Place, Riverside, CA 92507| STUDIO | $1,495 |
| 2 BEDS | $545+ |
| 3+ BEDS | $525+ |