City Report · CA

Riverside

Pop. 319,069·269th most expensive in California·Riverside rents are up 5.6% over the past year
Median rent (all units)
$2,441/mo
Year-over-Year
+5.6%
Month-over-Month
+0.9%
vs US Median
+$479
Rising (Monthly)
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Most AffordableMost Expensive
Riverside · $2,441
More expensive than 77% of US cities · National median $1,962/mo
Rent Reality Score
67/100
Good value
OverheatedFairGreat value

Rents are 8% below what Riverside's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$2,441/mo
Expected by trend
$2,661/mo
The Rent Reality Score compares today's median rent to where Riverside's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$2,001
1 BR
$2,089
2 BR
$2,599
3 BR
$3,469
4 BR+
$4,220
Fair Market Rent (HUD)
$2,599/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $2,441 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
$29,292/yr
At $2,441/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 5.6% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+5.6% YoY, +0.9% MoM), not inventory.
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Demographics

Who lives here

Riverside, CA is majority owner-occupied, has a median income above the national average, 25.7% of residents hold a bachelor's degree or higher.

Population
319,069
Median income
$91,045
Median age
33.6
Renters
43.2%
Age distribution
23.1%
29%
25.7%
Under 1823.1%
18–3429%
35–5425.7%
55–6410.3%
65+12%
Gender
49.6%
50.4%
Male49.6%
Female50.4%
Race & ethnicity
32.9%
55.6%
White32.9%
Black6.3%
Hispanic55.6%
Asian8.2%
Education (25+)
16.8%
29%
28.5%
25.7%
No HS diploma16.8%
HS diploma29%
Some college28.5%
Bachelor's+25.7%
Housing tenure
56.8%
43.2%
Owner56.8%
Renter43.2%

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

2021 vs 2026

How Riverside, CA has changed in 5 years

Rent
$1,809 → $2,441
up 34.9%
Income
$76,755 → $91,045
up 18.6%
Population
314,858 → 319,069
up 1.3%
Renter share
44.3% → 43.2%
-1.1 pts
Bachelor's+
23.9% → 25.7%
+1.8 pts
Median age
31.9 → 33.6
+1.7 yrs

Across the past five years, the going rent in Riverside, CA has shifted from $1,809 to $2,441, up 34.9% since 2021. Household income in the area moved from $76,755 to $91,045 across the same window, up 18.6% versus 2021. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show Riverside, CA adding about 4,211 residents over the five-year window, up 1.3% on net. Reading these numbers side by side helps frame whether current listings in Riverside, CA look reasonable against where the market sat half a decade ago.

Community

Discussions about Riverside

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

Can you afford rent in Riverside on your salary?

At $2,441/mo, how Riverside rent compares to typical pay (30% rule).

By apartment size

Riverside rent by bedroom count

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

Local insights

Tips for renters in Riverside

About renting in Riverside, CA

Last updated: August 17, 2026

The median rent in Riverside is $2,441/mo as of August 2026. A studio apartment averages $2,001/mo while a 2-bedroom runs $2,599/mo. One-bedroom apartments average $2,089/mo and 3-bedroom units go for $3,469/mo.

At 32% of local median household income ($91,045/yr), Riverside ranks as moderate compared to the national benchmark of 30%. Rents have increased 5.6% over the past year.

FAQ

Frequently asked questions

Is Riverside an affordable city for renters?

Riverside is considered moderate for renters. At $2,441/mo, rent takes approximately 32% of the local median household income ($91,045/yr). The standard benchmark is 30%. Riverside slightly exceeds that threshold, so budgeting carefully matters here.

How much income do you need to rent in Riverside?

To keep rent at or below 30% of gross income, you would need to earn at least $98,000/year (~$47/hour full-time) to afford the median rent of $2,441/mo in Riverside. The local median household income is $91,045/yr, meaning the typical Riverside household falls short of that threshold.

Is rent going up or down in Riverside?

Rent in Riverside has increased 5.6% over the past year as of August 2026, putting upward pressure on renter budgets.

Which Riverside neighborhoods have the lowest rent?

The most affordable ZIP codes in Riverside are 92507 ($2,344/mo), 92503 ($2,359/mo), and 92504 ($2,396/mo). Citywide, the median rent in Riverside is $2,441/mo.

How does Riverside rent compare to other cities in California?

Riverside is one of the more affordable cities in California for rent, ranking #269 out of 381 tracked cities at $2,441/mo.

Which nearby cities are cheaper to rent in than Riverside?

Several nearby cities have lower median rents than Riverside ($2,441/mo): Colton ($1,936/mo), Grand Terrace ($2,061/mo), Moreno Valley ($2,381/mo).

What percentage of Riverside residents rent vs. own?

According to Census data, approximately 43.2% of Riverside households are renters, while 56.8% are owner-occupied. Riverside leans toward homeownership, which can mean a smaller rental inventory.

How does Riverside rent compare to the national average?

Riverside's median rent of $2,441/mo is $479 (24%) above the US national median of $1,962/mo. Within California, it ranks #269 out of 381 tracked cities.
Income Affordability
32%
MODERATE

At $2,441/mo, rent takes ~32% of Riverside's median household income ($91,045/yr). The standard benchmark is 30%.

Riverside 32%Benchmark 30%
State income tax1–13.3%
Run the Riverside affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Riverside, CA

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