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These days, finding an affordable place to live in the Riverside area can be challenging. Home prices in Riverside are now at a median cost of $419,056, lower than the Nevada average of $441,980.
The average cost of rent is $1,205/mo in Riverside, primarily driven by the current value of real estate in the Riverside area. In Riverside, 2.74% of households rent, and 24.18% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Riverside is $9,328 per month. Households that rent pay about 12.92% of their income on rent here. Riverside’s most expensive areas are in the western regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
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Cities with Similar Populations
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