Cheap Apartments for Rent in the Magnolia Neighborhood of Gloucester, MA from $1,500 (19 Rentals)

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

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7 Ellery St, Unit 2
$1,500

Total Monthly Price

Base Rent$1,500

Total Monthly Price$1,500
12 Month Lease Term
1 Bedroom Apartment Available Oct 1

7 Ellery St, Unit 2

7 Ellery StGloucester, MA 01930
Affordability
  • Smoke Free
property at 143 Prospect St
$1,800

Total Monthly Price

Base Rent$1,800

Total Monthly Price$1,800
12 Month Lease Term
1 Bedroom, 1 Bath Home for Rent
Available Now
Affordability

143 Prospect St, Unit 2

143 Prospect St
GloucesterMA01930
  • Smoke Free
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50R Maplewood Ave, Unit 212
$1,800

Total Monthly Price

Base Rent$1,800

Total Monthly Price$1,800
12 Month Lease Term
Studio Apartment Available Oct 1

50R Maplewood Ave, Unit 212

50R Maplewood AveGloucester, MA 01930
Affordability
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The Heights At Cape Ann
$2,050 - $3,050

Total Monthly Price

Base Rent$2,050 - $3,050

Total Monthly Price$2,050 - $3,050
15 Month Lease Term
1 to 3 Bedroom Apartments Available Sep 15

The Heights At Cape Ann

950 Heights at CapeGloucester, MA 01930
Family Friendly
  • Verified
  • Customer Reviewed
  • Utilities Included
property at 9 Friend St
$2,100

Total Monthly Price

Base Rent$2,100

Total Monthly Price$2,100
2 Bedroom, 1 Bath Home for Rent
Available Now
Affordability

9 Friend St

GloucesterMA01930
property at 5 Washington Square
$2,250

Total Monthly Price

Base Rent$2,250

Total Monthly Price$2,250
2 Bedroom, 1 Bath Home for Rent
Available Now
Affordability

5 Washington Square

GloucesterMA01930

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property at 2 Spring St
$2,400

Total Monthly Price

Base Rent$2,400

Total Monthly Price$2,400
1 Bedroom, 2 Bath Home for Rent
Available Sep 15
Cost Per Sq.Ft.

2 Spring St

GloucesterMA01930
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2 Spring St, Unit A
$2,400

Total Monthly Price

Base Rent$2,400

Total Monthly Price$2,400
12 Month Lease Term
1 Bedroom Apartment Available Sep 15

2 Spring St, Unit A

2 Spring StGloucester, MA 01930
Furnished
property at 45 Western Ave
$2,495

Total Monthly Price

Base Rent$2,495

Total Monthly Price$2,495
2 Bedroom, 1 Bath Home for Rent
Available Nov 1
Affordability

45 Western Ave

GloucesterMA01930
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117 Western Ave, Unit 2
$2,700

Total Monthly Price

Base Rent$2,700

Total Monthly Price$2,700
8 Month Lease Term
3 Bedroom Apartment Available Now

117 Western Ave, Unit 2

117 Western AveGloucester, MA 01930
Furnished
  • Smoke Free
property at 43 Pleasant St
$2,700

Total Monthly Price

Base Rent$2,700

Total Monthly Price$2,700
2 Bedroom, 1.5 Bath Home for Rent
Available Now

43 Pleasant St

GloucesterMA01930
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Central Grammar
1 to 2 Bedroom Apartments

Central Grammar

10 Dale AveGloucester, MA 01930
Senior Living

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96 Middle St
Studio to 1 Bedroom Apartments

96 Middle St

96 Middle StGloucester, MA 01930
  • Utilities Included
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8 Flume Road
Studio to 1 Bedroom Apartments

8 Flume Road

8 Flume RdGloucester, MA 01930
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Halyard
Studio to 2 Bedroom Apartments

Halyard

2 School House RdGloucester, MA 01930
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16 Magnolia Ave
1 to 2 Bedroom Apartments

16 Magnolia Ave

16 Magnolia AveGloucester, MA 01930
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1 Powder House Ln
1 to 2 Bedroom Apartments

1 Powder House Ln

1 Powder House LnManchester, MA 01944
property at 48 Union St
$2,900 - $3,600

Total Monthly Price

Base Rent$2,900

Total Monthly Price$2,900
1 To 2 Bedroom Rentals
Available Now

48 Union St

Manchester by the SeaMA01944

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property at 1 School St
$3,000

Total Monthly Price

Base Rent$3,000

Total Monthly Price$3,000
1 Bedroom, 1 Bath Condo for Rent
Available Now

1 School St

Manchester by the SeaMA01944

Magnolia, Gloucester, MA Local Guide

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 8 Flume Road priced from $2,200. 16 Magnolia Ave has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,400. Here are the most affordable Magnolia apartments for rent in Boston, MA:

Apartment ListingModel NameBed/BathPriced From
8 Flume Road1BR/1.0BA1BR,1BA$2,200
16 Magnolia Ave1BR/1.0BA1BR,1BA$2,400
HalyardA1A1BR,1BA$2,580

Best Value Apartments for Rent in Magnolia, MA

As of September 12, 2026 the best value apartment in the Magnolia area is the $1.78 price per square foot 21 Addison St Model at 21 Addison St, Unit 21 Addison street unit. 2 in the in the West Gloucester neighborhood starting from $3,200. The second greatest value Magnolia apartment is the 117 Western Ave Model at 117 Western Ave, Unit 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 ListingModel NameBed/BathPrice Per Sq.Ft.
21 Addison St, Unit 21 Addison street unit. 221 Addison St3BR,1BA$1.78
117 Western Ave, Unit Unit 2117 Western Ave3BR,1.5BA$2.70
HalyardA1A1BR,1BA$3.93

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, Gloucester, MA

Ranked #2

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Cheap Magnolia Apartments

What is the lowest price for a Cheap Two Bedroom Magnolia Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Magnolia is starting from $2,750 at 16 Magnolia Ave.

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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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