
Cheap Apartments for Rent in the Magnolia Farms Neighborhood of Dallas, TX from $900 (10 Rentals)
Search the lowest-cost Apartments available for rent right now in the Magnolia Farms area of Dallas.


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Emerson at Red Oak

The Ovilla

Hampton Park

Glenn Heights Town & Country
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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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1941 Silverleaf Dr

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Red Oak Apartments
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Magnolia Farms, Dallas, TX Local Guide

How much does it cost to rent an apartment in Magnolia Farms?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Magnolia Farms 1 Bedroom Apartments | $1,552 | $1,150 | $1,966 |
| Magnolia Farms 2 Bedroom Apartments | $2,091 | $1,496 | $2,723 |
| Magnolia Farms 3 Bedroom Apartments | $2,200 | $2,100 | $2,386 |
| Magnolia Farms 4 Bedroom Apartments | $2,499 | $2,499 | $2,499 |
Browse Apartments in this Neighborhood
There are currently 10 rentals with your search options within a 3 mile radius of the Magnolia Farms Neighborhood of Dallas, TX.
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Magnolia Farms, Dallas, TX Local Guide
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Cheapest Available Magnolia Farms Apartments for Rent
 The cheapest available apartment rental in the Magnolia Farms area of Dallas, TX is a 1 Bed unit found at Red Oak Town Village Apartments priced from $1,150. Emerson at Red Oak has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,789. Here are the most affordable Magnolia Farms apartments for rent in Dallas, TX:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Red Oak Town Village Apartments | A1- Post Oak | 1BR,1BA | $1,150 |
| Emerson at Red Oak | A2-1G | 1BR,1BA | $1,789 |
| The Ovilla | A8-S | 1BR,1BA | $1,958 |
Best Value Apartments for Rent in Magnolia Farms, TX
As of June 06, 2026 the best value apartment in the Magnolia Farms area is the $1.82 price per square foot B3-S Model at The Ovilla in the in the Magnolia Farms neighborhood starting from $2,171. The second greatest value Magnolia Farms apartment is the B2-1G Model at Emerson at Red Oak starting at $2,442 with a $2.34 price per square foot in the Magnolia Farms neighborhood. Here is today’s list of the best values for Magnolia Farms apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Ovilla | B3-S | 2BR,2BA | $1.82 |
| Emerson at Red Oak | B2-1G | 2BR,2BA | $2.34 |
| Red Oak Town Village Apartments | A1- Post Oak | 1BR,1BA | $1.69 |
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.
Read ArticleTop Neighborhoods to Rent Near Major Colleges and Universities in Dallas, TX
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Read ArticleReal 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.
Read ArticleQuick 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.
Best Local Schools in Magnolia Farms, Dallas, TX
School data provided by Great Schools
Frequently Asked Questions about Cheap Magnolia Farms Apartments
How much is rent for a Cheap One Bedroom Magnolia Farms Apartment?
The lowest price for a Cheap One Bedroom Magnolia Farms Apartment is $1,150 at Red Oak Town Village Apartments.
What is the lowest price for a Cheap Two Bedroom Magnolia Farms Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Magnolia Farms is starting from $1,754 at Red Oak Town Village Apartments.
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.
Helpful Local Expert Guides

The 10 Best Affordable Neighborhoods in Dallas, TX
Written by: Tiffany Clark
Dallas is a vibrant, dynamic city that offers no shortage of opportunities and a high quality of living for young professionals, families, and retirees.

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According to the Dallas Regional Chamber, the DFW Metroplex is home to more than 70 accredited colleges and universities.

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Since 1990, I've lived my best life, built a rewarding career, and raised my family in the Dallas, Texas area.

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My ancestors on both sides were some of the earliest Texas settlers, and I have that big Texas pride that we Texans are famous for. While I've lived in other places, Texas always has been and always will be home.
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