The Most Affordable Neighborhoods in Downtown Riverside, Riverside, CA by Home Value

 

Downtown Riverside, Riverside, CA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Downtown Riverside area can be challenging. Home prices in Downtown Riverside are now at a median cost of $370,015, lower than the Riverside average of $379,112.

The average cost of rent is $1,323/mo in Downtown Riverside, primarily driven by the current value of real estate in the Downtown Riverside area. While nearly 27.17% of residents own their homes outright in Downtown Riverside, 64.29% rent.

Housing affordability isn’t just about home prices, though. The average household income in Downtown Riverside is $5,589 per month. Households that rent pay about 23.67% of their income on rent here. Downtown Riverside's most expensive areas are in the northeastern regions, while the cheapest areas are in the southeastern parts of the neighborhood.


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