Most Affordable Neighborhoods in Riverside, CA
Some of the cheapest neighborhoods in Riverside are Wood Streets, Eastside, and White Oak. These neighborhoods offer some of the lowest rent prices in Riverside, making them ideal for renters on a budget. As of July 29, 2025, the average rent in Riverside is $1,843, which is 0.6% lower 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.
Wood Streets
Average Rent
$1,752/Month
Year-Over-Year Rent Change
1.2%
TransitScore® Rating
40/100
Units Available
11 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.
Eastside
Average Rent
$1,757/Month
Year-Over-Year Rent Change
1.7%
TransitScore® Rating
41/100
Units Available
24 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.
White Oak
Average Rent
$1,774/Month
TransitScore® Rating
42/100
Units Available
12 Rentals
If you’re looking for a great, affordable neighborhood in Riverside, White Oak might be the perfect place! It has an average rent price of $1,774, while the city’s average stands at $1,843. White Oak is near UCR Botanic Gardens, John Wayne/Orange County, and Riverside City College.
Magnolia Center
Average Rent
$1,855/Month
Year-Over-Year Rent Change
1.8%
TransitScore® Rating
40/100
Units Available
24 Rentals
Magnolia Center is a top choice for budget-conscious renters for a variety of reasons. The average rent in Magnolia Center is $1,855 while the city average is $1,843. This is a 1.8% difference from last year. Residents enjoy convenient access to UCR Botanic Gardens, Riverside Plaza, and Hidden Valley Nature Center. The neighborhood is considered walkable with a WalkScore® of 78.
Arlanza
Average Rent
$1,860/Month
Year-Over-Year Rent Change
2.4%
TransitScore® Rating
28/100
Units Available
32 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
$1,879/Month
Units Available
14 Rentals
When you’re looking for a great Riverside neighborhood on a budget, check out University Greens. The average rent is $1,879, compared to the city average of $1,843. University Greens is convenient to Mary Vagle Nature Center, UCR Botanic Gardens, and Kenyon Spruce Center.
Arlington Urban Estates
Average Rent
$1,906/Month
TransitScore® Rating
28/100
Units Available
11 Rentals
Arlington Urban Estates is an affordable neighborhood in Riverside with an average rent price of $1,906. Compare this to the city average of $1,843. Arlington Urban Estates provides easy access to Louis Robidoux Nature Center, La Sierra University, and Riverside City College. It’s a somewhat walkable neighborhood with a WalkScore® of 66.
Riverside Airport
Average Rent
$1,969/Month
Year-Over-Year Rent Change
2.1%
TransitScore® Rating
18/100
Units Available
26 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.
Arlington
Average Rent
$1,981/Month
Year-Over-Year Rent Change
3.4%
TransitScore® Rating
39/100
Units Available
30 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.
Ramona
Average Rent
$1,991/Month
Year-Over-Year Rent Change
0.8%
TransitScore® Rating
33/100
Units Available
64 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 $1,991, while the city’s average stands at $1,843. In the last year, prices have increased by 0.8%. Ramona is near Adams Plaza, Mary Vagle Nature Center, and California Citrus State Historical Park.
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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.