Cheap Apartments for Rent in the Magnolia Grove Neighborhood of Houston, TX from $800 (90 Rentals)

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

property at 5400 Memorial Dr

5400 Memorial Dr

HoustonTX77007
Showing Results 1-50, Page 1 of 2

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 HiLine Heights priced from $1,099. Allen House Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,120. Here are the most affordable Magnolia Grove apartments for rent in Houston, TX:

Apartment ListingModel NameBed/BathPriced From
HiLine Heightse10aStudio,1BA$1,099
Allen House ApartmentsBurgandy1BR,1BA$1,120
The Vic at InterposePatterson-A1a.1Studio,1BA$1,166
Memorial Towers ApartmentsE2Studio,1BA$1,177
The District at Washingtona10a1BR,1BA$1,179
AzureS7.P8Studio,1BA$1,198
Pearl WashingtonA1A1BR,1BA$1,212
Coop at Summer StreetSurrealist | A2a-s1BR,1BA$1,213
Caroline West GrayA3.P61BR,1BA$1,213
The Viv on West DallasA11BR,1BA$1,220

Best Value Apartments for Rent in Magnolia Grove, TX

As of November 17, 2025 the best value apartment in the Magnolia Grove area is the $1.76 price per square foot Two bedroom B3 Model at Memorial Heights in the in the Magnolia Grove neighborhood starting from $1,608. The second greatest value Magnolia Grove apartment is the A2 Model at Marcella Memorial Heights starting at $1,702 with a $1.94 price per square foot in the Neartown 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.
Memorial HeightsTwo bedroom B32BR,2BA$1.76
Marcella Memorial HeightsA21BR,1BA$1.94
Allen House ApartmentsBurgandy1BR,1BA$1.32
The District at Washingtona10b1BR,1BA$1.88
VirageA41BR,1BA$2.00
The CoreA21BR,1BA$1.87
Estates at Memorial HeightsA41BR,1BA$1.98
Memorial Towers ApartmentsE2Studio ,1BA$1.64
Pearl WashingtonA1S1BR,1BA$1.93
Dream MontroseA1L-UPG1BR,1BA$2.00

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Pet Friendly Lifestyle
Magnolia Grove, Houston, TX

Ranked #30

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

Pet Friendliness Lifestyle Score

3.5
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 $1,220.

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

The cheapest apartment in Magnolia Grove is Allen House Apartments which is listed at $1,120, while the average apartment in Magnolia Grove costs $2,806.

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 82 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 $235 which is $2,571 cheaper than the average rent for all rentals in Magnolia Grove.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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 Rental Move-In Inspection Checklist: A Guide for Renters

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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.