Much like its nearby areas, it is a lot more expensive compared to the entire nation. However compared to the city of Los Angeles, it is significantly less expensive.
Home prices
The median home in Riverside costs $365,300. This is about $15,520 (4%) lower compared to other places in this area.In comparison to the entire nation it is roughly $147,800 (67%) higher, and is approximately $271,600 (42%) lower compared to the city of Los Angeles.
Rents
Riverside's median monthly rent is $1,378. In comparison to its surrounding areas it is about $76 (5%) lower.It is approximately $316 (29%) higher in comparison to the United States as a whole, and is roughly $72 (4%) lower compared to the city of Los Angeles.
Nearby places
Woodcrest
Woodcrest is Riverside's neighbor to the south. Its housing prices are somewhat more expensive. Woodcrest's median home cost is $487,100, which comes out to $121,800 (25%) higher than Riverside. Rents there are somewhat more expensive. The median monthly rent in Woodcrest is $1,730, which comes out to $352 (20%) higher than Riverside.
Jurupa Valley
Jurupa Valley is Riverside's neighbor to the northwest. Housing prices there are fairly similar. The median home in Jurupa Valley is valued at $363,000, which is very similar to Riverside. Rent there is similar. Jurupa Valley's median rent is $1,324 a month, which comes out to $54 (4%) lower than Riverside.
Highgrove
Highgrove is Riverside's neighbor to the northeast. Its housing prices are somewhat more expensive. Highgrove's median home cost is $402,000, which is $36,700 (9%) higher than Riverside. Rents there are a bit less expensive. In Highgrove the median monthly rent is $1,095, which works out to $283 (25%) lower than Riverside.
March ARB
March ARB is Riverside's neighbor to the southeast. Its real estate prices are somewhat less expensive. The median home in March ARB costs $300,000, which is $65,300 (21%) lower than Riverside. Its rents are a bit more expensive. March ARB's median rent is $1,669 per month, which comes out to $291 (17%) higher than Riverside.
Home Gardens
Home Gardens is Riverside's neighbor to the southwest. Real estate prices there are pretty similar. The price of the median home in Home Gardens is $352,000, which is $13,300 (3%) lower than Riverside. Its rents are somewhat more expensive. The median monthly rent in Home Gardens is $1,452, which is $74 (5%) higher than Riverside.
