Last updated
Average Rent in Downtown Riverside & Rent Trends
Rent prices and market trends across 5 apartment communities in Downtown Riverside, Riverside, CA. Updated daily.
Market Average
$2,574/mo
▼ 13.2% from last month
Lowest Available
$2,191/mo
cheapest unit on market
Communities
5
tracked daily
Units Listed
24
available now
Downtown Riverside vs Riverside, CA Average
Downtown Riverside is more expensive the Riverside, CA average by $38/mo (1%). The citywide average is $2,536/mo across all neighborhoods.
Is Rent Going Up or Down in Downtown Riverside?
As of May 2026, the average rent in Downtown Riverside is $2,574 per month across 5 apartment communities and 24 available units. Rents have decreased $389 (13.2%) over the past month.
The most affordable option is Imperial Hardware Lofts starting at $2,191/mo. By unit type, a studio averages $2,194/mo, a 1-bedroom averages $2,396/mo, a 2-bedroom averages $2,806/mo, a 3-bedroom averages $3,980/mo.
Prices range from $2,191 to $3,980 per month. The most common price point is the $2,200 range, where 12 units are currently listed.
Downtown Riverside Rent Price History
Average Rent by Bedroom
Rent Price Distribution
Rent by Bedroom Type in Downtown Riverside
Rent Prices by Apartment in Downtown Riverside
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Imperial Hardware Lofts | $2,191/mo | $2,406/mo | 6 | 4.3 |
| Main+Nine Apartments | $2,199/mo | $2,670/mo | 7 | 4.2 |
| Mark | $2,200/mo | $2,851/mo | 5 | 2.8 |
| Pine Village Apartments | $2,278/mo | $2,334/mo | 4 | 3.2 |
| Centerpointe At Market Luxury Apartments | $2,355/mo | $2,525/mo | 2 | 4.2 |
Google Search Trends for Downtown Riverside Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Frequently Asked Questions About Rent in Downtown Riverside
What is the average rent in Downtown Riverside?
Is rent going up or down in Downtown Riverside?
What is the cheapest apartment in Downtown Riverside?
How much is a 1-bedroom apartment in Downtown Riverside?
How many apartments are available in Downtown Riverside?
What salary do I need to live comfortably in Downtown Riverside?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$103,000/year
30 percent rule -- using our average rent of $2,574/mo.
Comfortable income
$124,000/year
25 percent rule -- leaves more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($2,191/mo), you need to earn at least $88,000/year.
Median household income in Downtown Riverside is $88,575 , about 28% below the comfortable-living threshold.
Cost of living in Downtown Riverside
Overall prices in Downtown Riverside 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 Downtown Riverside's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $2,574 |
| Utilities | $567 |
| Groceries | $551 |
| Transportation | $1,353 |
| Healthcare | $660 |
| Other goods and services | $1,056 |
| Estimated total | $6,760/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 Downtown Riverside Apartments
Browse all 5 communities with daily-updated pricing and availability.