Rental market snapshot for Riverside, California

Riverside, California Rental Property Market Overview

Riverside, California is a vibrant city located in the Inland Empire region of Southern California. According to the US Census, Riverside has a population of 317,261 as of 2021. The city is known for its diverse culture, beautiful parks, and historic attractions. Riverside is home to the University of California, Riverside, the Riverside Metropolitan Museum, and the Fox Performing Arts Center. The city also offers a variety of shopping, dining, and entertainment options. With its rich history, vibrant culture, and diverse population, Riverside is a great place to live and visit.

The average rent for an apartment in Riverside is $2,628. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has decreased by 0.00% over the past year.

Last Updated March 25, 2024

Get updates straight to your inbox

Whenever this data is updated, you'll be the first to know. Don't miss out on crucial market insights.

Sign up

Average monthly rent graph in Riverside California | Cost of Living

  • The most expensive ZIP code in Riverside is 92508 with an average price of $2,846.
  • The cheapest ZIP code in Riverside is 92507 with an average price of $2,230.

Riverside ZIP codes with the highest, most expensive rent

#ZIP CodeAverage Rent
192508$2,846
292506$2,766
392505$2,557
492503$2,471
592501$2,449
692504$2,414
792507$2,230

Live near Riverside, California's Top Sights and Attractions

Challen Park is a large outdoor recreational area located in Riverside, California. It features a variety of activities, including a playground, picnic areas, a lake, walking trails, and a large grassy area perfect for sports and games. The park also has a variety of trees and shrubs, providing plenty of shade and a pleasant atmosphere. There are also several benches and tables scattered throughout the park, making it a great spot for a relaxing picnic or a family gathering.

La Sierra Park is a large outdoor recreation area located in Riverside, California. It features a variety of activities, including a lake, picnic areas, playgrounds, and a variety of sports fields. The park also has a large amphitheater, which hosts concerts and other events throughout the year. There are also several walking and biking trails, as well as a disc golf course. La Sierra Park is a great place to spend a day outdoors with family and friends.

Fairmount Park is a large public park located in Riverside, California. It features a variety of recreational activities, including a lake, a golf course, tennis courts, and a playground. The park also has several picnic areas, walking trails, and a large open field for sports and other activities. There are also several monuments and sculptures throughout the park, as well as a variety of plants and trees. The park is a great place to spend a day outdoors, enjoying the beauty of nature and the fresh air.

Challen Hill Park is a scenic park located in the foothills of Southern California. It features a variety of outdoor activities, including hiking, biking, and horseback riding. The park also has a playground, picnic areas, and a lake with a fishing pier. Visitors can also enjoy stunning views of the surrounding mountains and valleys.

Orange Terrace Park is a large, lush park located in Riverside, California. It features a variety of recreational activities, including a large playground, a skate park, a basketball court, a picnic area, and a walking path. The park also has a lake with a fountain, a gazebo, and plenty of trees and shrubs. Visitors can also enjoy a variety of wildlife, including ducks, geese, and other birds. The park is a great place to relax, have a picnic, or just take a stroll.

UCR Botanic Gardens is a lush oasis of nature, featuring over 3,500 species of plants from around the world. Visitors can explore the winding pathways, meandering streams, and tranquil ponds of the gardens, as well as the many themed gardens, such as the Mediterranean Garden, the Cactus Garden, and the Native Plant Garden. The gardens also feature a variety of educational programs and events, such as guided tours, workshops, and lectures.

Box Springs Mountain Reserve is a scenic outdoor destination located in the foothills of Southern California. It features a variety of trails for hiking, biking, and horseback riding, as well as picnic areas and stunning views of the surrounding landscape. The reserve is home to a variety of wildlife, including coyotes, bobcats, and mountain lions, and is a popular spot for bird watching. Visitors can also explore the ruins of an old stone quarry, which is believed to have been used by Native Americans hundreds of years ago.

Villegas Park is a large, family-friendly park located in a residential area. It features a variety of amenities, including a playground, picnic areas, walking paths, a basketball court, and a large grassy area perfect for sports and games. The park also has a pond with ducks and geese, and a gazebo for special events. Visitors can also enjoy the park's many trees and shrubs, which provide plenty of shade and a peaceful atmosphere.

Orange Terrace Community Park is a large outdoor recreational area located in Riverside, California. It features a variety of amenities, including a playground, picnic areas, walking trails, a lake, and a skate park. The park also has a large amphitheater, which is used for concerts and other events. The park is a popular spot for families, as it offers plenty of activities for children and adults alike.

Don Jones Park is a large outdoor recreational area located in Riverside, California. It features a variety of activities and attractions, including a large lake, a playground, a picnic area, and a walking trail. The lake is stocked with fish, and visitors can rent boats to explore the lake. The playground is equipped with swings, slides, and other play structures. The picnic area has tables and grills, and the walking trail is lined with trees and benches. The park also has a basketball court and a baseball field.

Riverside, California area median rent change by ZIP code map

Get updates straight to your inbox

Whenever this data is updated, you'll be the first to know. Don't miss out on crucial market insights.

Sign up

How does Riverside compare to other cities in California?

citymedian price
Saratoga$5,450
Sunnyvale$3,051
Duarte$2,996
Santa Rosa$2,644
Chino Hills$2,605
Los Banos$2,295
Grass Valley$2,000

Average household income in Riverside area graph - US Census

Get updates straight to your inbox

Whenever this data is updated, you'll be the first to know. Don't miss out on crucial market insights.

Sign up

The median household income in Riverside in 2021 was $76,755. This represents a 36.1% change from 2011 when the median was $56,403.

#categorypercent
0Less than $10,0004.9%
1$10,000 to $14,9993.4%
2$15,000 to $19,9993.2%
3$20,000 to $24,9993.8%
4$25,000 to $29,9994.2%
5$30,000 to $34,9993.8%
6$35,000 to $39,9993.2%
7$40,000 to $44,9994.3%
8$45,000 to $49,9993.5%
9$50,000 to $59,9997.1%
10$60,000 to $74,99910.2%
11$75,000 to $99,99913.8%
12$100,000 to $124,99911.2%
13$125,000 to $149,9997.7%
14$150,000 to $199,9998.2%
15$200,000 or more7.4%

Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

Yes, but please attribute us accordingly.

Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.

As of February , the average rent in Riverside is $2,628.
Made withDataherald