Cheap Apartments for Rent in the Magnolia Center Neighborhood of Riverside, CA from $800 (10 Rentals)
Search the lowest-cost Apartments available for rent right now in the Magnolia Center area of Riverside.
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Magnolia Center, Riverside, CA Local Guide

How much does it cost to rent an apartment in Magnolia Center?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Magnolia Center Studio Apartments | $1,980 | $1,645 | $2,199 |
Magnolia Center 1 Bedroom Apartments | $2,364 | $1,800 | $4,679 |
Magnolia Center 2 Bedroom Apartments | $2,792 | $2,025 | $5,365 |
Magnolia Center 3 Bedroom Apartments | $3,722 | $2,745 | $6,160 |
Browse Apartments in this Neighborhood
There are currently 10 rentals with your search options within a 2 mile radius of the Magnolia Center Neighborhood of Riverside, CA.
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Magnolia Center, Riverside, CA Local Guide
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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 Golden Oaks priced from $1,579. Towne Center Garden Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,750. Here are the most affordable Magnolia Center apartments for rent in Riverside, CA:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Golden Oaks | Studio | Studio,1BA | $1,579 |
Towne Center Garden Apartments | 1 Bed, 1 bath | 1BR,1BA | $1,750 |
Villa Maria Apartments | 1 bedroom | 1BR,1BA | $1,800 |
Best Value Apartments for Rent in Magnolia Center, CA
As of June 08, 2025 the best value apartment in the Magnolia Center area is the $2.27 price per square foot B1 Model at Raincross Promenade in the in the Hunter Industrial Park neighborhood starting from $2,895. 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Raincross Promenade | B1 | 2BR,2BA | $2.27 |
Giardini Bella | 2Bed 1Bath | 2BR,1BA | $2.06 |
Madison Park | Plan A 1 Bed 1 Bath with Loft | 1BR,1BA | $2.15 |
School Circle Apartments - Riverside, CA | 2bd/1ba - Premium | 2BR,1BA | $2.33 |
Village West Apartments | A | 2BR,1.5BA | $2.33 |
Raincross Cottages | 2 bed, 2 bath | 2BR,2BA | $2.52 |
Melrose Place Apartments | (4133) 2bd/1ba | 2BR,1BA | $2.56 |
Villa Maria Apartments | 1 bedroom | 1BR,1BA | $2.25 |
Arlington Gardens | One Bedroom Downstairs | 1BR,1BA | $2.37 |
Melrose Manor Apartments - Riverside, CA | (M1) 1bd/1ba | 1BR,1BA | $2.57 |
Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Pet Friendly LifestyleMagnolia Center, Riverside, CA
Ranked #23
Among neighborhoods in Riverside, CA for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Magnolia Center, Riverside, CA
School data provided by Great Schools
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
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Magnolia Center Apartments
What is a cheap apartment in Magnolia Center?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Magnolia Center is under $1,995.
What is the price of a cheap apartment in Magnolia Center?
The cheapest apartment in Magnolia Center is Golden Oaks which is listed at $1,729, while the average apartment in Magnolia Center costs $3,370.
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.
How do the prices of cheap apartments compare to the average apartment in Magnolia Center?
Cheap apartments in Magnolia Center have an average cost of $368 which is $3,002 cheaper than the average rent for all rentals in Magnolia Center.
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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