Cheapest Neighborhoods in Riverside, CA
Some of the cheapest neighborhoods in Riverside are Grand, Arlanza, and Eastside. These neighborhoods offer some of the lowest rent prices in Riverside, making them ideal for renters on a budget. As of August 28, 2026, the average rent in Riverside is $1,919, which is 2.7% 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.
Grand
Average Rent
$1,784/Month
Year-Over-Year Rent Change
1.1%
Units Available
11 Rentals
Grand offers a lovely atmosphere with spacious homes, ideal for those seeking a suburban lifestyle. The neighborhood features the California Citrus State Historic Park, where residents can enjoy the area's natural beauty and citrus heritage. Renters will appreciate its proximity to downtown Riverside and convenient access to shopping centers.
Arlanza
Average Rent
$1,835/Month
Year-Over-Year Rent Change
0.9%
Units Available
28 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.
Eastside
Average Rent
$1,876/Month
Year-Over-Year Rent Change
1.4%
Units Available
25 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.
Riverside Airport
Average Rent
$1,921/Month
Year-Over-Year Rent Change
1%
Units Available
33 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
$1,946/Month
Year-Over-Year Rent Change
2.7%
Units Available
49 Rentals
Magnolia Center is a top choice for budget-conscious renters for a variety of reasons. The average rent in Magnolia Center is $1,946 while the city average is $1,919. This is a 2.7% difference from last year. Residents enjoy convenient access to John Wayne/Orange County, 6790-6788 Brockton Ave, and California Citrus State Historical Park.
Wood Streets
Average Rent
$1,954/Month
Year-Over-Year Rent Change
2.1%
Units Available
15 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.
Ramona
Average Rent
$1,969/Month
Year-Over-Year Rent Change
1.6%
Units Available
41 Rentals
When you’re looking for a great Riverside neighborhood on a budget, check out Ramona. The average rent is $1,969, compared to the city average of $1,919. Rent prices have increased by 1.6%. Ramona is convenient to Adams Plaza, UCR Botanic Gardens, and Riverside City College.
La Sierra South
Average Rent
$2,158/Month
Year-Over-Year Rent Change
5%
Units Available
39 Rentals
La Sierra South is an affordable neighborhood in Riverside with an average rent price of $2,158. Compare this to the city average of $1,919. In the past year, rent prices have increased by 5%. La Sierra South provides easy access to Ontario International, Riverside City College, and Nexus Town Center.
Sycamore Canyon Canyon Springs
Average Rent
$2,201/Month
Year-Over-Year Rent Change
2.3%
Units Available
60 Rentals
If you’re looking for a great, affordable neighborhood in Riverside, Sycamore Canyon Canyon Springs might be the perfect place! It has an average rent price of $2,201, while the city’s average stands at $1,919. In the last year, prices have increased by 2.3%. Sycamore Canyon Canyon Springs is near Moreno Valley College, Lake Perris State Recreation Area, and California Citrus State Historical Park.
Canyon Crest
Average Rent
$2,238/Month
Year-Over-Year Rent Change
3.5%
Units Available
99 Rentals
Canyon Crest is a top choice for budget-conscious renters for a variety of reasons. The average rent in Canyon Crest is $2,238 while the city average is $1,919. This is a 3.5% difference from last year. Residents enjoy convenient access to Canyon Crest Towne Center, The Village, and Ontario International.
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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.