Cheap Apartments for Rent in the Magnolia Grove Neighborhood of Houston, TX from $800 (105 Rentals)

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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

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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Where to Stay in Houston: The 5 Best Neighborhoods for Short-Term Lease Options

Discover Houston's top areas for Short-Term Lease apartments. We review 5 neighborhoods with the most short-term rental apartments and houses, ideal for students, families, and business travel.

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property at 1719 Dunlavy St

$1,300 - $1,950

1 To 2 Bedroom Rentals

Available Now

1719 Dunlavy St

HoustonTX77006
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Bayou on the Bend
Rent Specials
$1,314 - $3,440
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$1,314 - $3,440
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1 to 3 Bedroom Apartments Available Now

Bayou on the Bend

5201 Memorial DrHouston, TX 77007
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Plaza At River Oaks
Rent Specials
$1,320 - $2,695
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$1,320 - $2,695
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Plaza At River Oaks

1920 W Gray StHouston, TX 77019
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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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611 Shepherd
Rent Specials
$1,380 - $3,377
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$1,380 - $3,377
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Studio to 2 Bedroom Apartments Available Now

611 Shepherd

611 Shepherd DrHouston, TX 77007
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Jackson Hill
Rent Specials
$1,414 - $13,954
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$1,414 - $13,954
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Jackson Hill

320 Jackson Hill StHouston, TX 77007
Family Friendly
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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Broadstone Oliver
Rent Specials
$1,540 - $2,853
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$1,540 - $2,853
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Broadstone Oliver

1505 Oliver StHouston, TX 77007
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property at 605 Bomar St

$1,550

1 Bedroom Rentals

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605 Bomar St

HoustonTX77006
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299 West Gray
$1,561 - $6,033
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$1,561 - $6,033
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299 West Gray

299 W Gray StHouston, TX 77019
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Virage
Rent Specials
$1,581 - $3,154
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$1,581 - $3,154
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Virage

100 Detering StHouston, TX 77007
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The Ultimate Guide to Houston Apartment Living: Neighborhoods, Culture, and Community

Find your perfect Houston apartment or home with this guide to the city and its top suburbs to rent. We cover everything from downtown living to the best family-friendly communities like The Woodlands and New Caney.

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Magnolia Grove, Houston, TX Local Guide

Cheapest Available Magnolia Grove Apartments for Rent

 

The cheapest available apartment rental in the Magnolia Grove area of Houston, TX is a Studio unit found at Bayou Park Apartments priced from $869. Dream Montrose has the second lowest priced unit, which is a Studio apartment currently listed from $945. Here are the most affordable Magnolia Grove apartments for rent in Houston, TX:

Apartment ListingModel NameBed/BathPriced From
Bayou Park ApartmentsStudio 1 BathroomStudio,1BA$869
Dream MontroseE1L-UPGStudio,1BA$945
1320 W Pierce St0/1Studio,1BA$950
The Viv on West DallasA11BR,1BA$999
Heritage Senior Residences 55+ Active AdultA11BR,1BA$1,049
HiLine Heightse10aStudio,1BA$1,072
Estates at Memorial HeightsA21BR,1BA$1,087
AzureS7Studio,1BA$1,095
Allen House ApartmentsBurgandy1BR,1BA$1,114
Memorial Heights at WashingtonOne bedroom A11BR,1BA$1,165

Best Value Apartments for Rent in Magnolia Grove, TX

As of April 24, 2026 the best value apartment in the Magnolia Grove area is the $1.88 price per square foot B1 Model at 611 Shepherd in the in the Cottage Grove neighborhood starting from $1,954. The second greatest value Magnolia Grove apartment is the B1 Model at Heritage Senior Residences 55+ Active Adult starting at $1,520 with a $1.55 price per square foot in the Cottage Grove neighborhood. Here is today’s list of the best values for Magnolia Grove apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
611 ShepherdB12BR,2BA$1.88
Heritage Senior Residences 55+ Active AdultB12BR,2BA$1.55
Allen House ApartmentsBurgandy1BR,1BA$1.30
The CoreA11BR,1BA$1.89
Memorial Towers ApartmentsE2Studio ,1BA$1.64
The District at Washingtona10a1BR,1BA$1.67
Dream MontroseA1L-UPG1BR,1BA$1.78
Memorial Heights at WashingtonOne bedroom A11BR,1BA$1.78
Estates at Memorial HeightsA11BR,1BA$1.88
1320 W Pierce St0/1Studio ,1BA$1.90

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Houston

A Local Experts guide to the Best Student Friendly Neighborhoods Near Colleges in the Houston, TX metro area for affordable living. Find your perfect H-Town Student apartment, condo, or rental home today at ApartmentHomeliving.com

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Pet Friendly Lifestyle
Magnolia Grove, Houston, TX

Ranked #29

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of neighborhoods, cities, and rental properties across Texas, including Houston. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including our Star Ratings to compare for easy access to the parks, luxury amenities, pet-friendly features, family-friendliness, proximity to transit, in addition to floorplans, availablity, and pricing. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Magnolia Grove Apartments

What is a cheap apartment in Magnolia Grove?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Magnolia Grove is under $1,165.

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

The cheapest apartment in Magnolia Grove is Bayou Park Apartments which is listed at $879, while the average apartment in Magnolia Grove costs $2,910.

What types of apartments are the cheapest in Magnolia Grove?

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 89 regular apartments in Magnolia Grove 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 Grove?

Cheap apartments in Magnolia Grove have an average cost of $227 which is $2,683 cheaper than the average rent for all rentals in Magnolia Grove.

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

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