Cheap Apartments for Rent in the Magnolia Center Neighborhood of Riverside, CA from $850 (18 Rentals)

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

property at 6979 Palm Ct
$1,000

Total Monthly Price

Base Rent$1,000

Total Monthly Price$1,000
3 Bedroom, 2 Bath Condo for Rent
Available Oct 1
Furnished

6979 Palm Ct, Unit 220

6979 Palm Ct
RiversideCA92506

The Ultimate Local's Guide to Living in Riverside, CA

Planning a move to Riverside? Get a detailed look at the best neighborhoods—Mission Grove, Orangecrest, Canyon Crest, and La Sierra—plus tips on the commute, weather, and nearby vacation spots.

property at 5187 Olivewood Ave
$1,650
1 Bedroom, 1 Bath Rentals
Available Now
Affordability

Unit

5187 Olivewood Ave
RiversideCA92506
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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
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Vernon Apartments
Studio to 2 Bedroom Apartments

Vernon Apartments

7450 Mount Vernon StRiverside, CA 92504
  • Utilities Included

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Cape Cod Apartments
Studio to 3 Bedroom Apartments

Cape Cod Apartments

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

Giardini Bella

7389 Magnolia AveRiverside, CA 92504
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Melrose Place
1 to 3 Bedroom Apartments

Melrose Place

4133 Melrose StRiverside, CA 92504

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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 Magnolia Manor Apartments priced from $1,595. Villa Maria Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,700. Here are the most affordable Magnolia Center apartments for rent in Riverside, CA:

Apartment ListingModel NameBed/BathPriced From
Magnolia Manor Apartments1n11BR,1BA$1,595
Villa Maria Apartments1 bedroom1BR,1BA$1,700
Raincross Senior Village1/aJR1BR,1BA$1,779
Las Casitas Apartments1 Bed 1 Bath1BR,1BA$1,795
Jurupa Hacienda Apartments1x11BR,1BA$1,795

Best Value Apartments for Rent in Magnolia Center, CA

As of September 07, 2026 the best value apartment in the Magnolia Center area is the $2.53 price per square foot 2bd/2ba Model at Monticello Apartments in the in the Ramona neighborhood starting from $2,400. The second greatest value Magnolia Center apartment is the Two Bedroom Model at Quail Creek Apartments starting at $2,060 with a $2.17 price per square foot in the Victoria 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 Apartments2bd/2ba2BR,2BA$2.53
Quail Creek ApartmentsTwo Bedroom2BR,1BA$2.17
Melrose Manor Apartments(M1) 2bd/1ba2BR,1BA$2.21
Richelieu Apartments2x22BR,2BA$2.28
Village West Apartments2 Bedroom, 1.5 Bath2BR,1.5BA$2.33
3867 Jurupa Ave, Unit 3867 Jurupa ave3867 Jurupa Ave2BR,1BA$2.47
Melrose Place Apartments(4133) 2bd/1ba2BR,1BA$2.56
Villa Maria Apartments1 bedroom1BR,1BA$2.13
Magnolia Manor Apartments2n12BR,1BA$2.66
School Circle Apartments1bd/1ba - Premium1BR,1BA$2.57

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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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 #34

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

Pet Friendliness Lifestyle Score

4.0
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 Magnolia Manor Apartments which is listed at $1,595, while the average apartment in Magnolia Center costs $2,112.

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 8 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.

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.