Apartments for Rent in University, Riverside, CA

University, Riverside apartment availability

University, Riverside offers a strong selection of rental listings, with an average of 92 rentals available each month. The neighborhood's rental market is comprised of a mix of 1-bedroom, 2-bedroom, and 3-bedroom apartments, as well as studios. Many of these apartments feature popular amenities such as air conditioning, dishwashers, and on-site laundry, which are available in over 57% of the apartments. With a range of options to choose from, University is a great neighborhood for renters looking for a convenient and comfortable place to call home.

University, Riverside rental market trends

The University neighborhood in Riverside saw a modest rent increase of 0.22% in 2024, with the average monthly rent for all bed counts and property types reaching $1,872. 1-bedrooms averaged $1,778 per month, a 0.44% increase from the previous year, while 2-bedrooms averaged $2,105, a 3.19% increase. The average rent for 3-bedrooms saw a significant jump of 36.68% to $2,336, but studios experienced a 5.74% decrease to $1,683.

Rents in University tend to fluctuate throughout the year, with December typically seeing the highest prices, 7.69% higher than February, the month with the lowest rents. If you're looking for a new apartment, February may be a good time to find a deal. On the other hand, if you're looking to rent out a property, December may be the best time to capitalize on higher demand.

Why University, Riverside is a great place to live

We've analyzed data from the University neighborhood in Riverside to identify the most popular lifestyles and interests. Our findings suggest that this area is particularly well-suited for renters who value social life and pet friendliness.

With features like pet waste stations, ample pet space, pet-safe windows, and outdoor areas, University is an ideal location for pet owners. The neighborhood also hosts pet events and has a relaxed pet policy, with many apartments allowing pets without restrictions. Additionally, the area's high walk score, sizable neighborhood population, frequent transit options, safety, and well-maintained street infrastructure make it perfect for renters seeking an active social life. If you're looking for a neighborhood that balances social opportunities with pet-friendly amenities, University is an excellent choice.