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
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Vernon Apartments
1 Bedroom Apartments

Vernon Apartments

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

Richelieu Apartments

7431 Magnolia AveRiverside, CA 92504
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Hacienda Apartments
1 to 2 Bedroom Apartments

Hacienda Apartments

4680 Jurupa AveRiverside, CA 92506
  • Utilities Included

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 Senior Apartments 62+ Catalina Gardens priced from $1,450. Jurupa Royale has the second lowest priced unit, which is a Studio apartment currently listed from $1,525. Here are the most affordable Magnolia Center apartments for rent in Riverside, CA:

Apartment ListingModel NameBed/BathPriced From
Senior Apartments 62+ Catalina GardensThe Capri1BR,1BA$1,450
Jurupa RoyaleStudioStudio,1BA$1,525
Golden OaksStudioStudio,1BA$1,579

Best Value Apartments for Rent in Magnolia Center, CA

As of March 25, 2025 the best value apartment in the Magnolia Center area is the $1.86 price per square foot (4112) 2bd/1ba - Deluxe Model at Melrose Place Apartments in the in the Ramona neighborhood starting from $2,050. The second greatest value Magnolia Center apartment is the Two Bedroom Upstairs Model at Arlington Gardens starting at $2,025 with a $2.03 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.
Melrose Place Apartments(4112) 2bd/1ba - Deluxe2BR,1BA$1.86
Arlington GardensTwo Bedroom Upstairs2BR,2BA$2.03
Giardini Bella2Bed 1Bath2BR,1BA$1.83
Madison ParkPlan A 1 Bed 1 Bath with Loft1BR,1BA$2.24
School Circle Apartments - Riverside, CA2bd/1ba - Premium2BR,1BA$2.39
Village West ApartmentsA2BR,1.5BA$2.52
Raincross PromenadeA11BR,1BA$2.77
Quail Creek ApartmentsOne Bedroom1BR,1BA$2.72
Senior Apartments 62+ Catalina GardensThe Capri1BR,1BA$2.24
Melrose Manor Apartments - Riverside, CA(M2) StudioStudio ,1BA$2.75

Quick Rent Budget Calculator

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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.

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Pet Friendly Lifestyle
Magnolia Center, Riverside, CA

Ranked #19

Among neighborhoods in Riverside, CA for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
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

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 $2,070.

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

The cheapest apartment in Magnolia Center is Senior Apartments 62+ Catalina Gardens which is listed at $1,450, while the average apartment in Magnolia Center costs $3,167.

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 56 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 $371 which is $2,796 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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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

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How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.