Riverside, CA Rental Market Trends

What is the average rent in Riverside?

The average rent for an apartment in Riverside is $2,162. The cost of rent varies depending on several factors, including location, size, and quality.

Average rent in Riverside, CA

Last updated November 2023
Average Rent Average Apartment Size
$2,162 848 sq. ft.

What is the average apartment size in Riverside?

The average size for a Riverside, CA apartment is 848 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

Access comprehensive real estate data and information on Yardi Matrix

Average Rent in Riverside, CA By Neighborhood

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What are the most affordable neighborhoods in Riverside?

The most affordable neighborhoods in Riverside are Downtown Riverside, where the average rent goes for $1,643/month, Northside Riverside, where renters pay $1,643/mo on average, and Victoria, where the average rent goes for $1,792/mo. If you’re looking for other great deals, check out the listings from Casa Blanca ($1,880), Magnolia Center ($1,880), and Airport ($1,948), where the asking prices are below the average Riverside rent of $2,162/mo.

What are the most expensive neighborhoods in Riverside?

The most expensive neighborhoods in Riverside are University ($2,314), Sycamore Canyon - Canyon Springs ($2,327) and Orangecrest ($2,485).

What are the most popular neighborhoods in Riverside?

The most popular neighborhood in Riverside is Casa Blanca, where there are 1 listings with an average rent of $1,880. Next up is Downtown Riverside, where apartments go for $1,643/month, followed by La Sierra with $2,229 If you’re looking to rent in Riverside’s most popular neighborhoods, make sure to also check out Magnolia Center, where renters pay $1,880 on average, and Mission Grove, where the average monthly rent is $2,226.

Riverside | Rent Comparison by Neighborhood

City
vs.

Rent in Airport is 2% lower than in Arlanza

$1,948

Airport rent is 10% lower than Riverside average

Average Rent $1,948
$1,980

Arlanza rent is 8% lower than Riverside average

Average Rent $1,980

How Riverside Compares to Other Cities

State Average Rent
Ventura $2,784
Goleta $3,162
Los Angeles $2,719
Santa Barbara $2,842
San Francisco $3,267
Oxnard $2,627
Irvine $3,222
East Bay $2,580
Sanger $1,235
San Diego $2,997
Riverside $2,162
Rancho Cucamonga $2,501
Jurupa Valley $2,163
Orange $2,590
Montclair $2,503
Redlands $2,158
San Bernardino $1,775
Chino Hills $2,744
Fontana $1,899
Lake Elsinore $2,173
Lake Forest $2,804

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 $154.36. Rental costs vary depending on several factors, including unit size and the storage facility's location and amenities.

Most Popular Apartments in Riverside

4655 Sierra Vista Avenue, Riverside, CA 92505
STUDIO $500
1 BED $500
2+ BEDS $500

7888 Mission Grove Parkway South, Riverside, CA 92508
1 BED $5,000

9985 Scottsdale Road, Riverside, CA 92504
1 BED $1,250
2 BEDS $1,850
3+ BEDS $2,500

Notepro, Riverside, CA 92508-916
STUDIO $150
1 BED $250+
2+ BEDS N/A
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