Raincross Promenade
3250 Market St,
Riverside, CA 92501
1-3 Beds | $2,395 - $3,645
Rental Market Trends in Riverside, CA
Updated September 2026
The average rent in Riverside, CA is $1,915/month.
Rent in Riverside is 15% higher than the national average rent of $1,664/month, making this one of the more expensive cities statewide.
$1,915/month
Average Rent
692 Sq Ft
Average Size
+2.5%
Change / Year
1,557
Available Apartments
Riverside rent varies by unit size and layout:
- Studio apartments in Riverside average $1,528 per month.
- One-bedroom apartments in Riverside average $1,915 per month.
- Two-bedroom apartments in Riverside average $2,311 per month.
- Three-bedroom apartments in Riverside average $2,784 or more per month.
Average Rent by Home Type
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
How much has average rent changed in Riverside, CA?
In the past year, rent has increased by 2.5%, which averages out to $48 more per month.
Market Trends Over Time
September 2026
2025
2026
Rent Ranges in Riverside, CA
September 2026
Above $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
10%
$700 - $1,000/month
24%
$1,001 - $1,500/month
28%
$1,501 - $2,000/month
38%
Above $2,000/month
Rent by Neighborhood
What are the most affordable neighborhoods in Riverside?
Based on current rent prices, Arlanza, Grand and Wood Streets are the most affordable neighborhoods in Riverside.
Neighborhood
Average Rent
Average Sq Ft
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 La Sierra, Canyon Crest and Downtown Riverside .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Riverside, CA?
Because the average rent in Riverside is $1,915, you’ll want to make about $6,383 per month or $76,596 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 16.1% higher than the national average. Generally, housing in Riverside is 31.2% more expensive than the national average, with rent falling between $1,528 - $2,784. You can expect to pay 15.8% more for groceries, 15.1% 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.
View the Riverside Area GuideStudio
$1,635/month
-
One Bedroom
$1,709/month
$2,370/month
Two Bedroom
$1,976/month
$2,571/month
Three Bedroom
$2,424/month
$3,258/month
Compare Rent Trends Nearby
Get a clearer picture of the area by viewing rent trends in nearby cities.
Apartment Communities in Riverside We Think You'll Love
Rental Management, Simplified
Our all-in-one suite of property manangement software makes the rental process easy. Screen tenants, manage payments, and more – all on Apartments.com
Guides for Managing Your Rental
Frequently Asked Questions
What is the average rent in Riverside?
The average rent in Riverside is $1,915 per month, which is 15.1% higher than the national average of $1,664.
What is the average rent for a house in Riverside?
The average rent for a house in Riverside, CA is $3,400 per month.
What is the average rent for a townhome in Riverside?
The average rent for a townhome in Riverside, CA is $2,030 per month.
What is the average rent for a condo in Riverside?
The average rent for a condo in Riverside, CA is $1,857 per month.
Are rents going up or down in Riverside?
Rents in Riverside, CA are increasing, with prices up 2.5% year-over-year and $48 more per month.
What rent range is most common in Riverside?
In Riverside, CA, 38% of apartments fall above $2,000/month, though prices may vary depending on location and other factors.
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 September 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.
* Percentages may not total 100 due to rounding.