Search the lowest-cost Apartments available for rent right now in the Magnolia area of Gloucester.
| Bedroom | Average Price | Cheapest Price | Highest Price |
|---|---|---|---|
| Magnolia Studio Apartments | $2,399 | $2,225 | $2,695 |
| Magnolia 1 Bedroom Apartments | $2,379 | $1,610 | $2,900 |
| Magnolia 2 Bedroom Apartments | $2,852 | $1,910 | $3,330 |
| Magnolia 3 Bedroom Apartments | $2,870 | $2,845 | $2,895 |
There are currently 29 rentals with your search options within a 3 mile radius of the Magnolia Neighborhood of Gloucester, MA.
See all Apartments in GloucesterThe cheapest available apartment rental in the Magnolia area of Boston, MA is a 1 Bed unit found at 1 Powder House Ln priced from $1,610. Halyard has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,333. 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 | $1,610 |
| Halyard | A1B | 1BR,1BA | $2,333 |
| The Heights At Cape Ann | 2 Bedroom | 2BR,1BA | $2,435 |
As of October 13, 2025 the best value apartment in the Magnolia area is the $2.08 price per square foot 119 Pleasant St Model at 119 Pleasant St, Unit #3 in the in the West Gloucester neighborhood starting from $2,500. The second greatest value Magnolia apartment is the 2 Bedroom Model at The Heights At Cape Ann starting at $2,435 with a $3.25 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. |
|---|---|---|---|
| 119 Pleasant St, Unit #3 | 119 Pleasant St | 2BR,1BA | $2.08 |
| The Heights At Cape Ann | 2 Bedroom | 2BR,1BA | $3.25 |
| Halyard | A1A | 1BR,1BA | $3.55 |
| 1 Powder House Ln | One Bedroom 60% | 1BR,1BA | $2.68 |
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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The cheapest apartment in Magnolia is 1 Powder House Ln which is listed at $1,610, while the average apartment in Magnolia costs $3,022.
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 2 regular apartments in Magnolia that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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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The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.
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For many people, obstacles can arise during the rental application process for a variety of issues.
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