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$1,800
Total Monthly Price12 Month Lease Term
1 Bedroom Apartment Available NowTotal Monthly Price
Base Rent
$1,800
Total Monthly Price
$1,800
24 Sumner St, Unit 1
24 Sumner StGloucester, MA 01930
Cheap Apartments for Rent in the Magnolia Neighborhood of Gloucester, MA from $1,600 (13 Rentals)
Search the lowest-cost Apartments available for rent right now in the Magnolia area of Gloucester.
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$1,875
Total Monthly Price1 Month Lease Term
1 Bedroom Apartment Available Aug 1Total Monthly Price
Base Rent
$1,875
Total Monthly Price
$1,875
150 Maplewood Ave, Unit 1
150 Maplewood AveGloucester, MA 01930
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$1,935
Plus Fees
2 Bedroom Apartments Available NowCentral Grammar
10 Dale AveGloucester, MA 01930
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$1,995 - $2,895
Plus Fees15 Month Lease Term
1 to 3 Bedroom Apartments Available Aug 21The Heights At Cape Ann
950 Heights at CapeGloucester, MA 01930
5 Washington Square
GloucesterMA01930
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$2,700
Total Monthly Price8 Month Lease Term
3 Bedroom Apartment Available NowTotal Monthly Price
Base Rent
$2,700
Total Monthly Price
$2,700
117 Western Ave, Unit 2
117 Western AveGloucester, MA 01930
Boston's Best Affordable Neighborhoods
Learn about Boston and the best places to live around the area with original content written by our Boston, MA Local Expert Amelia Ramstead
63 Western Ave
GloucesterMA01930
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Studio to 1 Bedroom Apartments
96 Middle St
96 Middle StGloucester, MA 01930
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Studio to 2 Bedroom Apartments
Halyard
2 School House RdGloucester, MA 01930
24 Cobblestone Ln
GloucesterMA01930
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$1,672 - $2,720
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available Now1 Powder House Ln
1 Powder House LnManchester, MA 01944
2 School St
Manchester by the SeaMA01944
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.
1 School St
Manchester by the SeaMA01944
Showing Results 1-13, Page 1 of 1
Magnolia, Gloucester, MA Local Guide
How much does it cost to rent an apartment in Magnolia?
| Bedroom | Average Price | Cheapest Price | Highest Price |
|---|---|---|---|
| Magnolia 1 Bedroom Apartments | $2,076 | $1,672 | $2,720 |
| Magnolia 2 Bedroom Apartments | $2,645 | $1,935 | $5,000 |
| Magnolia 3 Bedroom Apartments | $3,267 | $2,700 | $4,000 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 13 rentals with your search options within a 3 mile radius of the Magnolia Neighborhood of Gloucester, MA.
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Magnolia, Gloucester, MA Local Guide
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Cheapest Available Magnolia Apartments for Rent
The cheapest available apartment rental in the Magnolia area of Boston, MA is a 1 Bed unit found at 1 Powder House Ln priced from $1,672. Central Grammar has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,935. Here are the most affordable Magnolia apartments for rent in Boston, MA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 1 Powder House Ln | One Bedroom 60% | 1BR,1BA | $1,672 |
| Central Grammar | 2 bed / 1 bath | 2BR,1BA | $1,935 |
| Halyard | A1A | 1BR,1BA | $2,655 |
Best Value Apartments for Rent in Magnolia, MA
As of July 29, 2026 the best value apartment in the Magnolia area is the $1.88 price per square foot 2 bed / 1 bath Model at Central Grammar in the in the West Gloucester neighborhood starting from $1,935. The second greatest value Magnolia apartment is the 117 Western Ave Model at 117 Western Ave, Unit 2 starting at $2,700 with a $2.70 price per square foot in the West Gloucester neighborhood. Here is today’s list of the best values for Magnolia apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Central Grammar | 2 bed / 1 bath | 2BR,1BA | $1.88 |
| 117 Western Ave, Unit 2 | 117 Western Ave | 3BR,1.5BA | $2.70 |
| 24 Sumner St, Unit 1 | 24 Sumner St | 1BR,1BA | $1.80 |
| Halyard | A1A | 1BR,1BA | $4.04 |
| 1 Powder House Ln | One Bedroom 80% | 1BR,1BA | $3.82 |
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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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 LifestyleMagnolia, Gloucester, MA
Ranked #4
Among cities in Massachusetts for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Best Local Schools in Magnolia, Gloucester, MA
School data provided by Great Schools
Frequently Asked Questions about Cheap Magnolia Apartments
What is the price of a cheap apartment in Magnolia?
The cheapest apartment in Magnolia is 1 Powder House Ln which is listed at $1,672, while the average apartment in Magnolia costs $3,172.
What types of apartments are the cheapest in Magnolia?
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 4 regular apartments in Magnolia 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.
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