Most Affordable Neighborhoods in Riverside, CA
Some of the cheapest neighborhoods in Riverside are Eastside, Wood Streets, and White Oak. These neighborhoods offer some of the lowest rent prices in Riverside, making them ideal for renters on a budget. As of June 14, 2025, the average rent in Riverside is $1,843, which is 0.1% 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.
Eastside
Average Rent
$1,579/Month
Year-Over-Year Rent Change
1.7%
TransitScore® Rating
41/100
Units Available
26 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
$1,814/Month
Year-Over-Year Rent Change
1.6%
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.
White Oak
Average Rent
$1,819/Month
TransitScore® Rating
42/100
Units Available
20 Rentals
White Oak is a top choice for budget-conscious renters for a variety of reasons. The average rent in White Oak is $1,819 while the city average is $1,843. Residents enjoy convenient access to Hidden Valley Nature Center, Ontario International, and Magnolia Tyler Center. The neighborhood is considered somewhat walkable with a WalkScore® of 64.
Arlanza
Average Rent
$1,872/Month
Year-Over-Year Rent Change
4.1%
TransitScore® Rating
28/100
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.
Riverside Airport
Average Rent
$1,903/Month
Year-Over-Year Rent Change
0.3%
TransitScore® Rating
18/100
Units Available
29 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.
Jefferson Square
Average Rent
$1,945/Month
Units Available
14 Rentals
When you’re looking for a great Riverside neighborhood on a budget, check out Jefferson Square. The average rent is $1,945, compared to the city average of $1,843. Jefferson Square is convenient to Riverside City College, California Citrus State Historical Park, and Hidden Valley Nature Center.
University Greens
Average Rent
$1,961/Month
Units Available
14 Rentals
University Greens is an affordable neighborhood in Riverside with an average rent price of $1,961. Compare this to the city average of $1,843. University Greens provides easy access to UCR Botanic Gardens, Louis Robidoux Nature Center, and University Heights Shopping Center.
Ramona
Average Rent
$2,046/Month
Year-Over-Year Rent Change
0.8%
TransitScore® Rating
33/100
Units Available
65 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 $2,046, while the city’s average stands at $1,843. In the last year, prices have increased by 0.8%. Ramona is near California Baptist University, Hidden Valley Nature Center, and Riverside City College.
Magnolia Fields
Average Rent
$2,072/Month
Units Available
22 Rentals
Magnolia Fields is a top choice for budget-conscious renters for a variety of reasons. The average rent in Magnolia Fields is $2,072 while the city average is $1,843. Residents enjoy convenient access to UC Riverside, Indiana Monroe Auto Service Center, and California Citrus State Historical Park.
Canterbury Road
Average Rent
$2,072/Month
Units Available
22 Rentals
When you’re looking for a great Riverside neighborhood on a budget, check out Canterbury Road. The average rent is $2,072, compared to the city average of $1,843. Canterbury Road is convenient to Arlington Plaza, Riverside City College, and Louis Robidoux Nature Center.
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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.