Affordable Living and Expanding Opportunities Drive Growth and Innovation in Riverside County

Younger professionals and their families are increasingly seeking affordable housing near employment centers, schools, shopping districts, and quality healthcare. As Riverside County continues to attract a growing labor pool, the demand for improved goods and services rises, which in turn draws new companies and investment to the area.

In 2024, Riverside County remains the most affordable housing market in Southern California, according to the California Association of Realtors. While San Bernardino County offers slightly lower home prices, Riverside County saw a moderate 1.9% year-on-year increase in housing costs—significantly lower than the increases seen in neighboring counties like Imperial, Orange, and Los Angeles. The median price for existing single-family homes in Riverside County stands at $630,000, compared to $1,400,000 in Orange County, highlighting a major affordability gap. This balance of affordability and job growth makes Riverside County a highly attractive place to live and work.