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Average Rent in Riverside, CA & Rent Trends

Rent prices and market trends across 9 apartment communities in Riverside, CA. Updated daily.

Market Average

$3,379/mo

▼ 0.8% from last month

Lowest Available

$2,369/mo

cheapest unit on market

Communities

9

tracked daily

Units Listed

16

available now

Price Cuts This Week in Riverside, CA

26 listed units across 5 buildings offering 3 bed units in Riverside, CA dropped their asking rent in the past 7 days, an average cut of $265/mo. These are the largest cuts, tracked unit by unit with daily price checks.

Apartment Unit Last Week Now Cut
Mission Grove Park Unit 386 $3,212 $2,873 $339
Mission Grove Park Unit 391 $3,262 $2,923 $339
Mission Grove Park Unit 216 $3,086 $2,748 $338
Mission Grove Park Unit 222 $3,086 $2,748 $338
Mission Grove Park Unit 234 $3,086 $2,748 $338
Mission Grove Park Unit 301 $3,101 $2,763 $338
Mission Grove Park Unit 331 $3,136 $2,798 $338
Mission Grove Park Unit 336 $3,176 $2,838 $338
See today's prices on all 16 listed units

Rent by Neighborhood in Riverside, CA

Compare average rent across Riverside, CA neighborhoods. Click any area to see detailed trends. View these neighborhoods on the rent map

Neighborhood Avg Rent 30d Change From Properties Units
Hawarden Hills $2,784 ▲  $218 $2,249 2 8
Orangecrest $2,726 ▲  $32 $2,302 2 30
Riverside 92503 $2,558 ▼  $79 $2,061 1 12
Downtown Riverside $2,527 ▼  $296 $2,147 6 25
Arlington Heights $2,449 ▲  $71 $2,120 2 15
Canyon Crest $2,387 ▲  $67 $1,650 13 129

Is Rent Going Up or Down in Riverside, CA?

As of July 2026, the average rent in Riverside, CA is $3,379 per month across 9 apartment communities and 16 available units. Rents have decreased $21 (0.8%) over the past month.

The most affordable option is North Grove Apartments starting at $2,369/mo. By unit type, a 3-bedroom averages $3,379/mo.

Prices range from $2,369 to $4,080 per month. The most common price point is the $4,000 range, where 4 units are currently listed.

Riverside, CA Rent Price History

Timeframe
View as table
Month Avg Rent Change Properties
May 2026 $2,585 - 6
June 2026 $2,838 +$253 7
July 2026 $2,763 -$75 9

Rent Price Distribution

Rent by Bedroom Type in Riverside, CA

3 Bed
$3,379
from $2,369 · 16 units

Rent Prices by Apartment in Riverside, CA

Property Starting at Average Units Rating
North Grove Apartments $2,369/mo $2,966/mo 2 4.5
1st Rate Rentals $2,700/mo $2,700/mo 1 4.2
Summer Meadows $2,825/mo $2,935/mo 2 4.1
The Hills at Quail Run $2,980/mo $2,980/mo 1 4.6
The Hawthorne $3,120/mo $3,215/mo 3 4.1
Mission Grove Park $3,486/mo $3,486/mo 1 3.9
Core at Sycamore Highlands $3,564/mo $3,564/mo 1 4.3

Frequently Asked Questions About Rent in Riverside, CA

What is the average rent in Riverside, CA?

The average rent in Riverside, CA is $3,379 per month as of July 2026, based on 16 units across 9 apartment communities.

Is rent going up or down in Riverside, CA?

Rent in Riverside, CA has decreased $21 (0.8%) over the past month. The current average is $3,379/mo.

What is the cheapest apartment in Riverside, CA?

The most affordable apartment in Riverside, CA is North Grove Apartments with units starting at $2,369/mo.

How many apartments are available in Riverside, CA?

There are 16 units available across 9 apartment communities in Riverside, CA.

What salary do I need to live comfortably in Riverside, CA?

Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.

Minimum to afford average rent

$135,000/year

Based on the 30 percent rule, using our tracked average rent of $3,379/mo.

Comfortable income

$162,000/year

Based on the 25 percent rule, leaving more room for savings, transport, and groceries.

To afford the cheapest tracked apartment ($2,369/mo), you need to earn at least $95,000/year.

Median household income in Riverside, CA is $88,575 , about 45% below the comfortable-living threshold.

Cost of living in Riverside, CA

Overall prices in Riverside, CA runs above the national average by about 7% (BEA Regional Price Parity index 107.3, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Riverside, CA's regional price parities.

Category Monthly estimate
Rent (market average) $3,379
Utilities $567
Groceries $551
Transportation $1,353
Healthcare $660
Other goods and services $1,056
Estimated total $7,565/mo

Population

316,241

Median household income

$88,575

Census median rent

$1,812/mo

Rent as % of income

33.8%

Median age

33.1

Mean commute

32 min

Methodology

Rent data

Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.

Cost of living

Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.

Salary to live comfortably

Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.

Demographic figures

Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.

Cost of living and demographic figures were last published in 2023.

Explore Riverside, CA Apartments

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