How much does it cost to rent an apartment in Riverside?
Riverside Apartments
Bed TypeAverage RentRange
4+BR$4,800
$2,800 - $5,700
Frequently Asked Questions
How many apartments are available in Riverside, RI on Rentable.co?
Rentable.co has over 318 apartments available in Riverside.
Can I afford an apartment for rent in Riverside, RI?
Based on average rent prices in Riverside, to afford a four-bedroom apartment you would need an annual household income of $192,000 to live comfortably.
Welcome to the May 2025 Riverside Apartment Report. In this assessment of
the local rental market, Rentable data scientists and rental experts break down the
May 2025 key findings and figures for the Riverside rental landscape.
Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in
Riverside and surrounding areas and provide comparisons to the entire metro area, nearby cities and
some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of
Riverside average rent prices in the chart below.
Monthly Rent Report
$2,500
$1,880
$1,250
$630
$0
Jun. 2024
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
Dec. 2024
Jan. 2025
Feb. 2025
Mar. 2025
Apr. 2025
May. 2025
1 BR2 BR
Riverside Rent Prices Decrease From April to May
Riverside rent prices decreased over the last month. From April to May, the city experienced a -10.53% decrease for the price of a one-bedroom apartment. The rent price for a Riverside one-bedroom apartments currently stands at $1,189.0.
When we take a look at the two-bedroom comparison from April to May, Riverside experienced a -2.71% decrease for the price of a two-bedroom apartment. The rent price for a Riverside two-bedroom apartments currently stands at $2,119.0.
May Prices: Riverside vs. Surrounding Areas
Rent Prices in Riverside and Surrounding Areas
Rent prices have decreased in Riverside over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Riverside suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.
More key findings include:
Rents did not increase in any of the Riverside suburbs
Rents did not decrease in any of the Riverside suburbs.
May 2025 Pricing Trends: Riverside vs. National Comparisons
New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,098
$3,173
$2,343
$2,342
$1,887
$1,310
$1,243
$1,230
$0
$1,350
$2,700
$4,050
$5,400
Median Rent
Riverside Rent Prices More Affordable Than Major Cities
Rent growth in Riverside over the past year has been
declining. When compared to major cities nearby, along
with some of the most expensive cities in the country, Riverside average rent prices appear to be
relatively affordable for local residents.
The price for a Riverside one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.
For more information about Riverside and surrounding area rent prices, take a look at the complete data set below.
Data set for Riverside and suburbs
1 BR May
1 BR M/M % Change
2 BR May
2 BR M/M % Change
Methodology
Each month, using over 1 million Rentable listings across the United States, we calculate the median
1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To
avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and
property count thresholds.