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Expensive
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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 $676,505, higher than the Riverside average of $533,283.
The average cost of rent is $1,571/mo in Downtown Riverside, primarily driven by the current value of real estate in the Downtown Riverside area. In Downtown Riverside, 70.57% of households rent, and 39.78% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Downtown Riverside is $6,144 per month. Households that rent pay about 25.57% of their income on rent here. Downtown Riverside’s most expensive areas are in the eastern regions, while the cheapest areas are in the northeastern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Eastside, Riverside, CA: less expensive homes
- Wood Streets, Riverside, CA: less expensive homes
- Northside, Riverside, CA: less expensive homes
- Hunter Industrial Park, Riverside, CA: less expensive homes
- Grand, Riverside, CA: less expensive homes
- Victoria, Riverside, CA: equally priced homes
- University, Riverside, CA: less expensive homes
- Magnolia Center, Riverside, CA: less expensive homes
- Canyon Crest, Riverside, CA: equally priced homes
- Casablanca, Riverside, CA: less expensive homes
Neighborhoods with Similar Populations
- Belgravia Terrace, Chicago, IL: higher priced homes
- West Central, Spokane, WA: less expensive homes
- Washington, Huntington Beach, CA: higher priced homes
- Upper Baseline, Little Rock, AR: less expensive homes
- Snail, Sunnyvale, CA: higher priced homes
- Sandpointe, Santa Ana, CA: equally priced homes
- Roseville, San Diego, CA: higher priced homes
- Otter Creek Crystal, Little Rock, AR: less expensive homes
- Lakewood, Sunnyvale, CA: higher priced homes
- Holiday Hill, Jacksonville, FL: less expensive homes
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