Cheap Apartments for Rent in Magnolia, AL from $300 (12 Rentals)

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

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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Audubon Place
1 to 3 Bedroom Apartments

Audubon Place

3762 S Alabama AveMonroeville, AL 36460
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Forest Manor
1 to 2 Bedroom Apartments

Forest Manor

511 Vanity Fair AveButler, AL 36904
Senior Living
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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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Magnolia, AL Local Guide

Cheapest Available Magnolia Apartments for Rent and Nearby

 

The cheapest available apartment rental in Magnolia, AL is a 2 Beds unit found at Timberline Apartments priced from $375. 1125 Washington St has the second lowest priced unit, which is a 2 Beds apartment currently listed from $700. Here is today’s list of the most affordable Magnolia apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Timberline ApartmentsTwo Bedrooms2BR,1BA$375
1125 Washington StRegular2BR,2BA$700
Hunter Pointe ApartmentsTwo Bedroom2BR,2BA$725
New Meridian Estates1BR/1BA Upgraded1BR,1BA$730
Landmark Apartment Homes2 BED 1 BATH2BR,1BA$775

Best Value Apartments for Rent in Magnolia, AL and Nearby

As of September 08, 2025 the best value apartment in the Magnolia area is the $1.20 price per square foot Cali Model at The Grove Moundville in the starting from $2,137. The second greatest value Magnolia apartment is the 2 bedroom 2 bathroom Model at The Mark Apartments starting at $1,235 with a $1.12 price per square foot . 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.
The Grove MoundvilleCali4BR,2BA$1.20
The Mark Apartments2 bedroom 2 bathroom2BR,2BA$1.12
Northwood Place Apartments2-Bedroom 2-Bath2BR,2BA$1.12
Hunter Pointe ApartmentsTwo Bedroom2BR,2BA$0.76
Heritage Hills Apartments2x1.5 (vinyl flooring downstairs, carpet in bed...2BR,1.5BA$0.92
Oak Manor Apartment Homes2 bedroom 1 bathroom Deluxe2BR,1BA$1.03
Landmark Apartment Homes2 BED 1 BATH2BR,1BA$0.90
1125 Washington StRegular2BR,2BA$0.93
Timberline ApartmentsTwo Bedrooms2BR,1BA$0.53
New Meridian Estates1BR/1BA Upgraded1BR,1BA$1.20

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Cheap Magnolia Apartments

How much is rent for a Cheap One Bedroom Magnolia Apartment?

The lowest price for a Cheap One Bedroom Magnolia Apartment is $730 at New Meridian Estates.

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 $375 at Timberline Apartments.

What is the most affordable Magnolia Three Bedroom Apartment?

The best deal on a cheap Magnolia Three Bedroom Apartment rental is at Hunter Pointe Apartments and starts from $860.

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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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.