Most Affordable Neighborhoods in Riverside, CA
Some of the cheapest neighborhoods in Riverside are Eastside, Wood Streets, and Riverside Airport. These neighborhoods offer some of the lowest rent prices in Riverside, making them ideal for renters on a budget. As of September 16, 2025, the average rent in Riverside is $1,859, which is 0.2% 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.
Eastside
Average Rent
$1,718/Month
Year-Over-Year Rent Change
1.9%
TransitScore® Rating
41/100
Units Available
22 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.
Wood Streets
Average Rent
$1,794/Month
Year-Over-Year Rent Change
1.3%
TransitScore® Rating
40/100
Units Available
10 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.
Riverside Airport
Average Rent
$1,795/Month
Year-Over-Year Rent Change
0.4%
TransitScore® Rating
18/100
Units Available
36 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.
Magnolia Center
Average Rent
$1,810/Month
Year-Over-Year Rent Change
1.2%
TransitScore® Rating
40/100
Units Available
37 Rentals
Magnolia Center is a top choice for budget-conscious renters for a variety of reasons. The average rent in Magnolia Center is $1,810 while the city average is $1,859. This is a 1.2% difference from last year. Residents enjoy convenient access to Ontario International, Riverside Plaza, and John Wayne/Orange County. The neighborhood is considered walkable with a WalkScore® of 78.
Jefferson Square
Average Rent
$1,848/Month
Units Available
10 Rentals
When you’re looking for a great Riverside neighborhood on a budget, check out Jefferson Square. The average rent is $1,848, compared to the city average of $1,859. Jefferson Square is convenient to California Citrus State Historical Park, California Baptist University, and Riverside City College.
Arlanza
Average Rent
$1,880/Month
Year-Over-Year Rent Change
3.5%
TransitScore® Rating
28/100
Units Available
31 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.
University Greens
Average Rent
$1,916/Month
Units Available
13 Rentals
University Greens is an affordable neighborhood in Riverside with an average rent price of $1,916. Compare this to the city average of $1,859. University Greens provides easy access to California Baptist University, California Citrus State Historical Park, and Iowa Avenue Shopping Center.
Ramona
Average Rent
$1,926/Month
Year-Over-Year Rent Change
0.2%
TransitScore® Rating
33/100
Units Available
52 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 $1,926, while the city’s average stands at $1,859. In the last year, prices have increased by 0.2%. Ramona is near UC Riverside, California Square, and Louis Robidoux Nature Center.
Arlington Urban Estates
Average Rent
$1,931/Month
TransitScore® Rating
28/100
Units Available
10 Rentals
Arlington Urban Estates is a top choice for budget-conscious renters for a variety of reasons. The average rent in Arlington Urban Estates is $1,931 while the city average is $1,859. Residents enjoy convenient access to Ontario International, Norco College, and John Wayne/Orange County. The neighborhood is considered somewhat walkable with a WalkScore® of 66.
Arlington
Average Rent
$1,948/Month
Year-Over-Year Rent Change
2.9%
TransitScore® Rating
39/100
Units Available
23 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.
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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.