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Rental market trends in Riverside, CA

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Average Rent in Riverside, CA

Average Rent in Riverside, CA

Avg. RentAnnual Change
Studio - $1,605-5%
1 Bed - $1,922+1%
2 Beds - $2,312+2%
Last updated 3/2/2024

Average Apartment Cost in Riverside, CA

The average rent for apartments in Riverside, CA, is between $1,605 and $2,312 in 2024. For a studio apartment in Riverside, CA, the average rent is $1,605. When it comes to 1-bedroom apartments, the average rent in Riverside, CA, is $1,922. For a 2-bedroom apartment, the average rent is $2,312.

Apartment Rent Ranges in Riverside, CA

Apartment PricesProportion
0%
2%
4%
35%
58%

Neighborhood Apartment Rent Trends in Riverside, CA

NeighborhoodStudio Avg RentAnnual Change
Canyon Crest$2,016--
Mission Grove$1,900--
La Sierra$1,715+1%
Downtown$1,695+9%
Mile Square Northwest Historic District$1,695--
Central Riverside$1,600-4%
Ramona$1,600-4%
West Riverside$1,562-5%
Arlanza$1,562+3%
Magnolia Center$1,500+2%
North Riverside$1,500+2%
Grand$1,450+18%
East Riverside$1,446-32%
University of Riverside$1,446-32%
Neighborhood1 Bed Avg RentAnnual Change
La Sierra$2,497-34%
Canyon Crest$2,161-31%
Mission Grove$2,1310%
Downtown$2,095-5%
Arlington$2,095+23%
Mile Square Northwest Historic District$2,095-4%
West Riverside$2,047-14%
Central Riverside$2,045+12%
Eastside$2,000--
East Riverside$1,970+5%
University of Riverside$1,895+7%
Riverside Airport$1,850--
Ramona$1,822-1%
Wood Streets$1,8120%
Magnolia Center$1,795-1%
Grand$1,795-4%
North Riverside$1,785-4%
Arlanza$1,756+6%
Northside$1,710--
Madison Square$1,550--
Neighborhood2 Beds Avg RentAnnual Change
Canyon Crest$2,453-24%
West Riverside$2,325+7%
La Sierra$2,325+4%
North Riverside$2,300-15%
East Riverside$2,245+2%
Central Riverside$2,217+10%
Arlington$2,195+22%
University of Riverside$2,180+13%
Arlanza$2,172+1%
Ramona$2,145+5%
Riverside Airport$2,127--
Magnolia Center$2,125+3%
Orangecrest$2,100--
Eastside$1,999+5%
Grand$1,975+8%
Wood Streets$1,972-1%
Northside$1,895--

How Other Cities Compare to Riverside, CA

CityStudio Avg RentAnnual Change
Tustin$2,680+10%
Irvine$2,666+2%
Santa Ana$2,515+14%
Lake Forest$2,399-9%
Temecula$2,309-21%
Newport Beach$2,270+8%
Costa Mesa$2,148-5%
Fontana$2,130--
Los Angeles$2,118-9%
Ontario$2,083-21%
Fullerton$2,036-2%
Huntington Beach$1,997-12%
Anaheim$1,992+8%
Rancho Cucamonga$1,973-3%
Redlands$1,900+29%
Garden Grove$1,865+2%
Moreno Valley$1,750--
Long Beach$1,750-12%
Palm Springs$1,568+3%
San Bernardino$1,350-12%
City1 Bed Avg RentAnnual Change
Aliso Viejo$3,244+9%
Irvine$2,967+5%
Tustin$2,845+5%
Santa Ana$2,727+7%
Los Angeles$2,614-5%
Costa Mesa$2,547+3%
Lake Forest$2,487-4%
Huntington Beach$2,476+2%
Fullerton$2,397+2%
Rancho Cucamonga$2,355+3%
Ontario$2,238+3%
Long Beach$2,230-14%
Temecula$2,1450%
Redlands$2,122-5%
Garden Grove$2,109-5%
Anaheim$2,055+5%
Moreno Valley$1,880-7%
Corona$1,862-21%
Palm Springs$1,797-3%
San Bernardino$1,675+4%
Fontana$1,625+7%
Victorville$1,571-1%
City2 Beds Avg RentAnnual Change
Newport Beach$4,677+18%
Aliso Viejo$3,928+10%
Los Angeles$3,700-3%
Irvine$3,580+4%
Santa Ana$3,433+14%
Tustin$3,397+7%
Costa Mesa$3,270+7%
Lake Forest$3,145+3%
Huntington Beach$2,9500%
Fullerton$2,937+4%
Rancho Cucamonga$2,896-2%
Long Beach$2,885-10%
Garden Grove$2,671+7%
Ontario$2,643+5%
Anaheim$2,550+6%
Temecula$2,432+4%
Moreno Valley$2,424-1%
Redlands$2,379-1%
Corona$2,310-14%
Palm Springs$2,295-3%
Fontana$1,967+3%
Victorville$1,916+4%
San Bernardino$1,837-10%

Riverside, CA Rent Trends

Studio1 Bed2 Beds
Feb 2023Mar 2023Apr 2023May 2023Jun 2023Jul 2023Aug 2023Sep 2023Oct 2023Nov 2023Dec 2023Jan 2024Feb 2024
$1697$1705$1667$1705$1705$1705$1667$1636$1667$1667$1557$1557$1605
$1897$1955$1897$1870$1865$1845$1835$1862$1900$1945$1947$1957$1900
$2260$2247$2197$2197$2197$2265$2262$2285$2322$2272$2286$2310$2312
$2595$2725$2954$3154$3159$3162$2600$2600$2600$2722$2770$2695$2622

Neighborhood Information for Riverside, CA

What are the most affordable neighborhoods in Riverside, CA?

The most affordable neighborhoods in Riverside are Madison Square, where the average 1-bedroom apartment rent goes for $1,550, Northside, where renters pay $1,710 on average for a 1-bedroom apartment, and Arlanza, where the average 1-bedroom apartment rent goes for $1,756. If you're looking for other great deals, check out the listings in North Riverside ($1,785 for a 1-bedroom apartment) or Magnolia Center ($1,795 for a 1-bedroom apartment), compared to the $1,922 average for a Riverside 1-bedroom apartment.

What are the most expensive neighborhoods in Riverside, CA?

The most affordable neighborhoods in Riverside are La Sierra, where the average 1-bedroom apartment rent goes for $2,497, Canyon Crest, where renters pay $2,161 on average for a 1-bedroom apartment, and Mission Grove, where the average 1-bedroom apartment rent goes for $2,131. If you're looking for other great deals, check out the listings in Downtown ($2,095 for a 1-bedroom apartment) or Arlington ($2,095 for a 1-bedroom apartment), compared to the $1,922 average for a Riverside 1-bedroom apartment.

What are the most popular neighborhoods in Riverside, CA?

The most popular neighborhoods in Riverside are Magnolia Center, where the average 1-bedroom apartment rent goes for $1,795, Wood Streets, where renters pay $1,812 on average for a 1-bedroom apartment, and Grand, where the average 1-bedroom apartment rent goes for $1,795. If you're looking for other popular neighborhoods, check out the listings in Canyon Crest ($2,161 for a 1-bedroom apartment) or Eastside ($2,000 for a 1-bedroom apartment), compared to the $1,922 average for a Riverside 1-bedroom apartment.

Nearby Listings

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