Cheap Apartments for Rent in the Magnolia Center Neighborhood of Riverside, CA from $800 (31 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Magnolia Center area of Riverside.

property at 6688 Montclair Dr

$1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,500

Total Monthly Price
$1,500

4 Bedroom, 2 Bath Home for Rent

Available Jun 1

6688 Montclair Dr

RiversideCA92504

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Olivewood Apartments
2 to 3 Bedroom Apartments

Olivewood Apartments

5530 Olivewood AveRiverside, CA 92506
  • Utilities Included

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Magnolia Arms
1 to 2 Bedroom Apartments

Magnolia Arms

7469 Magnolia AveRiverside, CA 92504
  • Utilities Included
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Vernon Apartments
Studio to 2 Bedroom Apartments

Vernon Apartments

7450 Mount Vernon StRiverside, CA 92504
  • Utilities Included
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Cape Cod Apartments
Studio to 3 Bedroom Apartments

Cape Cod Apartments

5360 Olivewood AveRiverside, CA 92506
  • Utilities Included
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Giardini Bella
Studio to 2 Bedroom Apartments

Giardini Bella

7389 Magnolia AveRiverside, CA 92504
  • Utilities Included
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Jurupa Royale
Studio to 2 Bedroom Apartments

Jurupa Royale

4747 Jurupa AveRiverside, CA 92506
  • Utilities Included

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Melrose Place
1 to 3 Bedroom Apartments

Melrose Place

4133 Melrose StRiverside, CA 92504
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Golden Oaks
Studio to 2 Bedroom Apartments

Golden Oaks

7756 California AveRiverside, CA 92504
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Casa Granada Apartments
1 to 2 Bedroom Apartments

Casa Granada Apartments

4641-4645 Arlington AveRiverside, CA 92504
  • Utilities Included

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Groves Townhomes
2 Bedroom Apartments

Groves Townhomes

7594 Magnolia AveRiverside, CA 92504
property at 6979 Palm Ct

$1,895 - $1,995

2 Bedroom Rentals

Available Now

6979 Palm Ct

RiversideCA92506
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Raincross Cottages
2 Bedroom Apartments

Raincross Cottages

5200-5220 Central AveRiverside, CA 92504
Senior Living

Magnolia Center, Riverside, CA Local Guide

Cheapest Available Magnolia Center Apartments for Rent

 

The cheapest available apartment rental in the Magnolia Center area of Riverside, CA is a 1 Bed unit found at Jurupa Royale priced from $1,495. Golden Oaks has the second lowest priced unit, which is a Studio apartment currently listed from $1,579. Here are the most affordable Magnolia Center apartments for rent in Riverside, CA:

Apartment ListingModel NameBed/BathPriced From
Jurupa Royale1x11BR,1BA$1,495
Golden OaksStudioStudio,1BA$1,579
Melrose Manor Apartments - Riverside, CA(M2) StudioStudio,1BA$1,650
Villa Maria Apartments1 bedroom1BR,1BA$1,700
Arlington GardensOne Bedroom1BR,1BA$1,750
Richelieu Apartments1x11BR,1BA$1,775
Raincross Senior Village1/aJR1BR,1BA$1,779
Jurupa Hacienda Apartments1x11BR,1BA$1,795
School Circle Apartments - Riverside, CA1bd/1ba - Premium1BR,1BA$1,800
Melrose Place Apartments(4112) 1bd/1ba - Deluxe1BR,1BA$1,800

Best Value Apartments for Rent in Magnolia Center, CA

As of May 26, 2026 the best value apartment in the Magnolia Center area is the $2.24 price per square foot 3bd/2ba - Premium Model at MONTICELLO APARTMENT HOMES- FULLY UPGRADED! Riverside, CA in the in the Ramona neighborhood starting from $2,800. The second greatest value Magnolia Center apartment is the Plan C 3 Bed 2 Bath with Loft Model at Madison Park starting at $2,865 with a $2.43 price per square foot in the Ramona neighborhood. Here is today’s list of the best values for Magnolia Center apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
MONTICELLO APARTMENT HOMES- FULLY UPGRADED! Riverside, CA3bd/2ba - Premium3BR,2BA$2.24
Madison ParkPlan C 3 Bed 2 Bath with Loft3BR,2BA$2.43
Quail Creek ApartmentsTwo Bedroom2BR,1BA$2.17
Village West Apartments2 Bedroom, 1.5 Bath2BR,1.5BA$2.33
Raincross Cottages2 bed, 2 bath2BR,2BA$2.40
Las Casitas Apartments2 Bed 1 Bath2BR,1BA$2.38
Melrose Place Apartments(4112) 1bd/1ba - Deluxe1BR,1BA$2.25
Villa Maria Apartments1 bedroom1BR,1BA$2.13
Arlington GardensOne Bedroom1BR,1BA$2.24
Jurupa Royale1x11BR,1BA$2.39

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Pet Friendly Lifestyle
Magnolia Center, Riverside, CA

Ranked #32

Among cities in California for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of neighborhoods, areas, and rental properties across California, including Riverside. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including searching for the best amenities, and proximity to parks, pet-friendly features, family-friendliness, proximity to transit, in addition to floorplans, availablity, and pricing. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Magnolia Center Apartments

What is the price of a cheap apartment in Magnolia Center?

The cheapest apartment in Magnolia Center is Jurupa Royale which is listed at $1,495, while the average apartment in Magnolia Center costs $2,600.

What types of apartments are the cheapest in Magnolia Center?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 5 regular apartments in Magnolia Center that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

decorative image for The Ultimate Locals Guide to Living in Riverside, CA article

The Ultimate Locals Guide to Living in Riverside, CA

Written by: Thomas Conroy

Riverside is a diverse Southern California city that is considered the centerpiece of Riverside County. It is located approximately 60 miles east of Los Angeles, and is the largest city of the Inland Empire.

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.