Cheap Homes for Rent in Magnolia Park Neighborhood of Houston, TX from $700 (34 Rentals)

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

property at 11 Norwood St

11 Norwood St

HoustonTX77011

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.

property at 2042 Pasadena St

2042 Pasadena St

HoustonTX77023
property at 17 Norwood St

17 Norwood St

HoustonTX77011

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.

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.

property at 406 73rd St

406 73rd St

HoustonTX77011

Top Neighborhoods Near Houston Major Employers

Learn about the best places to live near major employers in Houston with original content written by our Local Expert Lori Rosario

Magnolia Park, Houston, TX Local Guide

Cheapest Available Magnolia Park Apartments for Rent

 

The cheapest available apartment rental in the Magnolia Park area of Houston, TX is a 1 Bed unit found at Encanto Apartments priced from $699. Lockwood on Buffalo Bayou has the second lowest priced unit, which is a 3 Beds apartment currently listed from $704. Here are the most affordable Magnolia Park apartments for rent in Houston, TX:

Apartment ListingModel NameBed/BathPriced From
Encanto ApartmentsThe Barcelona1BR,1BA$699
Lockwood on Buffalo BayouC1ALT-30%3BR,2BA$704
Country Club Place ApartmentsFalcon Point1BR,1BA$716
Fair Oaks Apartments1x11BR,1BA$779
Agapi Mou Suites1 Bed, 1 bath1BR,1BA$795
Norwood Street ApartmentsStudioStudio,1BA$850
Cleme Manor2x12BR,1BA$904
1408 Hughes St1 bedroom1BR,1BA$975
Emory at CanalEmory 2/12BR,1BA$995

Best Value Apartments for Rent in Magnolia Park, TX

As of November 16, 2025 the best value apartment in the Magnolia Park area is the $1.28 price per square foot 1 Bed Model at Norwood Street Apartments in the in the East End neighborhood starting from $1,150. The second greatest value Magnolia Park apartment is the 2x1 Model at Plaza De Magnolia starting at $1,249 with a $1.45 price per square foot in the East End neighborhood. Here is today’s list of the best values for Magnolia Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Norwood Street Apartments1 Bed1BR,1BA$1.28
Plaza De Magnolia2x12BR,1BA$1.45
Emory at CanalEmory 2/12BR,1BA$1.21
Encanto ApartmentsThe Havana2BR,1BA$1.50
2801 Carrolton St2 Beds, 1 Baths2BR,1BA$1.25
1408 Hughes St1 bedroom1BR,1BA$1.30
Cleme Manor2x12BR,1BA$1.22
Country Club Place ApartmentsFalcon Point1BR,1BA$1.12
Fair Oaks Apartments1x11BR,1BA$1.22
Agapi Mou Suites1 Bed, 1 bath1BR,1BA$1.59

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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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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Quick Rent Budget Calculator

How much rent can you afford?

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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Pet Friendly Lifestyle
Magnolia Park, Houston, TX

Ranked #195

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Frequently Asked Questions about Magnolia Park

What type of rentals are currently available in Magnolia Park?

There are currently 157 Apartments for Rent in Magnolia Park, TX with pricing that ranges from $522 to $5,359. There are also 136 Single Family Homes for rent, Condos, and Townhome rentals currently available in Magnolia Park ranging from $725 to $6,000.

What is the current price range for Rental Homes in Magnolia Park?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Magnolia Park ranges from $725 to $6,000 with an average monthly rent of $1,656.

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 10 Best Affordable Neighborhoods in Houston, TX

Written by: Lori Rosario

Houston is a huge city, and it’s still growing, which makes it one of the most sought after places in the country to move.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

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.