Raincross Promenade
3250 Market St,
Riverside, CA 92501
$2,415 - $3,645
1-3 Beds
Rental Market Trends in Riverside, CA
What is the average rent in Riverside, CA?
$1,872/month
Average Rent
693 Sq Ft
Average Apartment Size
-0.4%
Decrease in the Last Year
As of March 2026, the average rent in Riverside, CA is $1,872 per month. This is 15% higher than the national average rent price of $1,626/month, making Riverside one of the most expensive cities in the US. When you rent an apartment in Riverside, you can expect to pay about $1,461 per month for a studio, $1,872 for a one-bedroom apartment, and around $2,284 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,751 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Riverside, CA?
In the past year, rent has decreased by 0.4%, which averages out to $7 less per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated March 2026
Legend
2025
2026
Rent Ranges in Riverside, CA
Last Updated March 2026
Above $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
11%
$700 - $1,000/month
23%
$1,001 - $1,500/month
33%
$1,501 - $2,000/month
33%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most expensive neighborhoods in Riverside?
Based on current rent prices, Arlington South, Northside and Downtown Riverside are the most expensive neighborhoods in Riverside.
Neighborhood
Average Rent
Average Sq Ft
Which Riverside neighborhoods have the most rentals available?
The neighborhoods in Riverside with the most apartments available are Canyon Crest, La Sierra and Sycamore Canyon Canyon Springs .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Riverside, CA?
Because the average rent in Riverside is $1,872, you’ll want to make about $6,240 per month or $74,880 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
Cost of Living
The cost of living in Riverside, CA is 16.0% higher than the national average. Generally, housing in Riverside is 31.2% more expensive than the national average, with rent falling between $1,461 - $2,751. You can expect to pay 15.8% more for groceries, 13.7% more for utilities, and 14.2% more for transportation.
How does Riverside, CA compare to other nearby cities and neighborhoods?
Use the tool below to compare Riverside, CA to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Studio
$1,415/month
-
One Bedroom
$1,334/month
$2,319/month
Two Bedroom
$1,882/month
$2,613/month
Three Bedroom
$1,622/month
$3,249/month
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Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.
* Percentages may not total 100 due to rounding.