Cheap Apartments for Rent in the Magnolia Center Neighborhood of Riverside, CA from $800 (6 Rentals)

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

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Olivewood Apartments
2 to 3 Bedroom Apartments

Olivewood Apartments

5530 Olivewood AveRiverside, CA 92506
  • Utilities Included
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Magnolia Arms
1 to 2 Bedroom Apartments

Magnolia Arms

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

Vernon Apartments

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

Richelieu Apartments

7431 Magnolia AveRiverside, 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

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.

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 Studio unit found at Jurupa Royale priced from $1,445. Melrose Manor Apartments - Riverside, CA has the second lowest priced unit, which is a Studio apartment currently listed from $1,625. Here are the most affordable Magnolia Center apartments for rent in Riverside, CA:

Apartment ListingModel NameBed/BathPriced From
Jurupa RoyaleStudioStudio,1BA$1,445
Melrose Manor Apartments - Riverside, CA(M2) StudioStudio,1BA$1,625
Quail Creek ApartmentsStudioStudio,1BA$1,645

Best Value Apartments for Rent in Magnolia Center, CA

As of September 18, 2025 the best value apartment in the Magnolia Center area is the $2.33 price per square foot Plan C 3 Bed 2 Bath with Loft Model at Madison Park in the in the Ramona neighborhood starting from $2,745. The second greatest value Magnolia Center apartment is the 2Bed 1Bath Model at Giardini Bella starting at $1,950 with a $2.06 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.
Madison ParkPlan C 3 Bed 2 Bath with Loft3BR,2BA$2.33
Giardini Bella2Bed 1Bath2BR,1BA$2.06
Village West ApartmentsA2BR,1.5BA$2.33
Hacienda Apartments2x12BR,1BA$2.47
Villa Maria Apartments1 bedroom1BR,1BA$2.16
Arlington GardensOne Bedroom Downstairs1BR,1BA$2.24
Melrose Place Apartments(4133) 2bd/1ba (S)2BR,1BA$2.52
Towne Center Garden Apartments2 BR 1 BA2BR,1BA$2.60
School Circle Apartments - Riverside, CA1bd/1ba - Premium1BR,1BA$2.57
Melrose Manor Apartments - Riverside, CA(M2) StudioStudio ,1BA$2.71

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Pet Friendly Lifestyle
Magnolia Center, Riverside, CA

Ranked #29

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Getting Around the Magnolia Center Neighborhood in Riverside, CA

Walk Score®

78 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

69 / 100

Bikeable

Some bike infrastructure

Transit Score®

40 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Cheap Magnolia Center Apartments

How much is rent for a Cheap One Bedroom Magnolia Center Apartment?

The lowest price for a Cheap One Bedroom Magnolia Center Apartment is $1,650 at Casa Granada Apartments.

What is the lowest price for a Cheap Two Bedroom Magnolia Center Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Magnolia Center is starting from $1,950 at Towne Center Garden Apartments.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

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

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.