City Report · CA

Riverbank

Pop. 25,166·324th most expensive in California·Rental market data updated monthly for Riverbank, CA
Median rent (all units)
$2,083/mo
Year-over-Year
Stable
Month-over-Month
-8.4%
vs US Median
+$121
Falling (Monthly)
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Most AffordableMost Expensive
Riverbank · $2,083
More expensive than 63% of US cities · National median $1,962/mo
Affordability
28% of income
AFFORDABLE
0%30% benchmark60%+

At $2,083/mo, rent takes about 28% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$83,000/yr
Local median income
$87,966/yr
Based on the 30%-of-income rule using Riverbank's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$1,180
1 BR
$1,260
2 BR
$1,630
3 BR
$2,280
4 BR+
$2,650
Fair Market Rent (HUD)
$1,630/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $2,083 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.

Source: HUD Small Area Fair Market Rents. Read the methodology →

Rent trends

12-month history

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Last updated: August 17, 2026

Annual cost
$24,996/yr
At $2,083/mo median
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 0.0% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (+0.0% YoY, -8.4% MoM), not inventory.
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Demographics

Who lives here

Riverbank, CA is majority owner-occupied, has a large share of families with children, 19.6% of residents hold a bachelor's degree or higher.

Population
25,166
Median income
$87,966
Median age
34.4
Renters
27.7%
Age distribution
28.8%
22.1%
28%
12.2%
Under 1828.8%
18–3422.1%
35–5428%
55–648.9%
65+12.2%
Gender
49.1%
50.9%
Male49.1%
Female50.9%
Race & ethnicity
38.5%
60.1%
White38.5%
Black1.3%
Hispanic60.1%
Asian4.4%
Education (25+)
19.6%
27.3%
33.4%
19.6%
No HS diploma19.6%
HS diploma27.3%
Some college33.4%
Bachelor's+19.6%
Housing tenure
72.3%
27.7%
Owner72.3%
Renter27.7%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Riverbank, CA has changed in 5 years

Income
$75,216 → $87,966
up 17.0%
Population
24,714 → 25,166
up 1.8%
Renter share
32.9% → 27.7%
-5.2 pts
Bachelor's+
15.9% → 19.6%
+3.7 pts

On the earnings side, the typical household in Riverbank, CA now reports about $87,966, up from $75,216 in 2021. Headcount in the area went from 24,714 to 25,166 between 2021 and 2024, a 1.8% change. About 27.7% of households rent today, against 32.9% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 15.9% to 19.6%.

Community

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View Riverbank rent history (2015–2026) →
Salary vs rent

Can you afford rent in Riverbank on your salary?

At $2,083/mo, how Riverbank rent compares to typical pay (30% rule).

By apartment size

Riverbank rent by bedroom count

Median rent for each apartment size in Riverbank. Click any size for full breakdown.

Local insights

Tips for renters in Riverbank

About renting in Riverbank, CA

Last updated: August 17, 2026

The median rent in Riverbank is $2,083/mo as of August 2026. A studio apartment averages $1,180/mo while a 2-bedroom runs $1,630/mo. One-bedroom apartments average $1,260/mo and 3-bedroom units go for $2,280/mo.

At 28% of local median household income ($87,966/yr), Riverbank ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

Is Riverbank an affordable city for renters?

Riverbank is considered affordable for renters. At $2,083/mo, rent takes approximately 28% of the local median household income ($87,966/yr). The standard benchmark is 30%. Riverbank falls comfortably within that range.

How much income do you need to rent in Riverbank?

To keep rent at or below 30% of gross income, you would need to earn at least $83,000/year (~$40/hour full-time) to afford the median rent of $2,083/mo in Riverbank. The local median household income is $87,966/yr, meaning the typical Riverbank household meets that threshold.

Is rent going up or down in Riverbank?

Rent in Riverbank has been relatively stable over the past year, with a 0.0% change year over year as of August 2026.

How does Riverbank rent compare to other cities in California?

Riverbank is one of the more affordable cities in California for rent, ranking #324 out of 381 tracked cities at $2,083/mo.

Which nearby cities are cheaper to rent in than Riverbank?

Several nearby cities have lower median rents than Riverbank ($2,083/mo): Ceres ($1,960/mo), Modesto ($2,015/mo).

What percentage of Riverbank residents rent vs. own?

According to Census data, approximately 27.7% of Riverbank households are renters, while 72.3% are owner-occupied. Riverbank leans toward homeownership, which can mean a smaller rental inventory.

How does Riverbank rent compare to the national average?

Riverbank's median rent of $2,083/mo is $121 (6%) above the US national median of $1,962/mo. Within California, it ranks #324 out of 381 tracked cities.
Income Affordability
28%
AFFORDABLE

At $2,083/mo, rent takes ~28% of Riverbank's median household income ($87,966/yr). The standard benchmark is 30%.

Riverbank 28%Benchmark 30%
State income tax1–13.3%
Run the Riverbank affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Riverbank, CA

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