Cheap Apartments for Rent in Magnolia, AL from $400 (43 Rentals)

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

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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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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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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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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property at 447 Johnson Ave

$900

Total Monthly Price

Total Monthly Price

Base Rent
$900
Total Monthly Price
$900

3 Bedroom, 1 Bath Home for Rent

Available Now

447 Johnson Ave

MonroevilleAL36460
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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
  • Utilities Included

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Showing Results 1-43, Page 1 of 1

Magnolia, AL Local Guide

Cheapest Available Magnolia Apartments for Rent and Nearby

 

The cheapest available apartment rental in Magnolia, AL is a 1 Bed unit found at Country Club Cottages priced from $490. Rock Pointe Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $535. Here is today’s list of the most affordable Magnolia apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Country Club Cottages1 Bed/1 Bath1BR,1BA$490
Rock Pointe Apartments2 Beds, 1 bath2BR,1BA$535
Boundary Estates1 Bed/ 1 Bath1BR,1BA$599
Pebble Creek Apartments1 Bed/1 Bath1BR,1BA$599
Camellia Place2 Bed/1 Bath2BR,1BA$645
Willow Trace Apartments1 Bed/1 Bath1BR,1BA$649
Alex Place Apartments1 Bed/1 Bath1BR,1BA$699
Rain Tree Estates2 Bed/ 2 Bath2BR,2BA$725
Hillcrest Estates2 Bed/ 2 Bath2BR,2BA$749
Megan Manor Apartments2 Bed/1 Bath2BR,1BA$749

Best Value Apartments for Rent in Magnolia, AL and Nearby

As of June 13, 2026 the best value apartment in the Magnolia area is the $0.75 price per square foot 2 Bed/2 Bath Model at Cottonwood Estates in the starting from $799. The second greatest value Magnolia apartment is the 2 Bed/1.5 Bath (1,055 sqft) Model at Addison Way starting at $869 with a $0.82 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.
Cottonwood Estates2 Bed/2 Bath2BR,2BA$0.75
Addison Way2 Bed/1.5 Bath (1,055 sqft)2BR,1.5BA$0.82
Hillcrest Estates3 Bed/ 2 Bath3BR,2BA$0.86
Rain Tree Estates3 Bed/ 2 Bath3BR,2BA$0.81
Rock Pointe Apartments2 Beds, 1 bath2BR,1BA$0.54
Alex Place Apartments2 Bed/1 Bath2BR,1BA$0.92
Megan Manor Apartments2 Bed/1 Bath2BR,1BA$0.83
Willow Trace Apartments1 Bed/1 Bath1BR,1BA$0.86
Pebble Creek Apartments1 Bed/1 Bath1BR,1BA$0.80
Country Club Cottages1 Bed/1 Bath1BR,1BA$0.67

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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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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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 $490 at Country Club Cottages.

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 $535 at Rock Pointe Apartments.

What is the most affordable Magnolia Three Bedroom Apartment?

The best deal on a cheap Magnolia Three Bedroom Apartment rental is at Rock Pointe Apartments and starts from $595.

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.

Articles, How-To's, and Tips

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.