Average Rent in Riverside, CA

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Current Versus Historical Riverside, CA Rents

Riverside rentals average $0 for a studio rental to $3,700 for a 4-bedroom rental. The median price of all currently available listings is $3,150, or roughly $2 per square feet.
For the apartment units and housing in November 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $45 (2.57%) year-over-year from $1,750 to $1,795. 1-bedroom rentals prices have increased by $28 (1.65%) year-over-year from $1,702 to $1,730. 2-bedroom rentals prices have increased by $365 (17.14%) year-over-year from $2,130 to $2,495. 3-bedroom rentals prices have increased by $325 (12.15%) year-over-year from $2,675 to $3,000. 4-bedroom rentals prices have increased by $285 (8.60%) year-over-year from $3,315 to $3,600. Note that this figure includes all active and rented listings throughout the month.
Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone down by 0.09% this month. 1-bedroom rents have gone up by 6.35% this month. 2-bedroom rents have gone up by 1.56% this month. 3-bedroom rents have gone up by 0.61% this month. 4-bedroom rents have gone down by 6.59% this month.
Beds
Price / Sqft
Nov 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
1 BR $2.77 $1,730 $1,702 (1.65%) $1,516 (14.09%)
2 BR $2.60 $2,495 $2,130 (17.14%) $1,816 (37.40%)
3 BR $2.27 $3,000 $2,675 (12.15%) $2,433 (23.29%)
4+ BR $1.53 $3,600 $3,315 (8.60%) $3,023 (19.07%)

Historical Rents in Riverside, CA

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Riverside

There are a total of 2 cities nearby Riverside. The average rent in Riverside is currently $3,225 per month. Only one city nearby has an average rent lower than that. Our records show that Ontario, CA, with an average rent of $3,150, is the most affordable city nearby. In contrast, the most expensive city near Riverside, CA is Rancho Cucamonga, CA. Monthly rents here are on average $3,300 per month.

Let's compare Riverside, CA's rent against other top cities nearby by bedroom size. One bedrooms are about 19.30% more affordable. Two bedrooms in Riverside, CA are about 15.20% more affordable. Finally, rent for three bedrooms are about 8.33% more affordable. Want more information? Check out the top 2 cities near Riverside, CA in the following chart.
City Studio 1 Bed 2 Bed All
Ontario, CA N/A $2,133 $2,675 $3,150
Rancho Cucamonga, CA N/A $2,150 $2,797 $3,300

Top Neighborhoods Near Riverside



View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All

Top Counties Near Riverside



We've listed all of these counties in the chart below.
County Studio 1 Bed 2 Bed All

Top Zipcodes Near Riverside



You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All

Frequently Asked Questions - Riverside Average Rents

What is the average rent price in Riverside, CA?
The average monthly rental price for Riverside, CA apartments for rent is approximately $3,150. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Riverside, CA rent prices drop in winter?
Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Riverside, CA.
How much is a studio apartment in Riverside, CA?
The average monthly rental price for studio apartments is $0 and an average price per square feet of $0.00. There are a total of 1 studio apartment listings currently available for rent in Riverside.
How much is a one bedroom apartment in Riverside, CA?
The average monthly rental price for one bedroom apartments is $1,795 and an average price per square feet of $2.77. There are a total of 11 one bedroom apartment listings currently available for rent in Riverside.
How much is a two bedroom apartment in Riverside, CA?
The average monthly rental price for two bedroom apartments is $2,375 and an average price per square feet of $2.60. There are a total of 13 two bedroom apartment listings currently available for rent in Riverside.
How have rent prices in Riverside, CA changed this year?
Rent prices for rentals in Riverside, CA can fluctuate yearly. Specifically, studio rental prices have changed by 0.03%, one bedroom rental prices have changed by 0.02%, two bedroom rental prices have changed by 0.17%, and three bedroom rental prices have changed by 0.12% year-over-year.
What is a reasonable rent price in Riverside, CA?
A reasonable rent price in Riverside, CA is around $2,520/month. You can search for these reasonably priced rental listings on RentHop.
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