Cheap Apartments for Rent near Magnolia, AL from $430 (50 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Read Article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Read Article

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.

Read Article
close
View Me
Audubon Place
1 to 3 Bedroom Apartments

Audubon Place

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

Forest Manor

511 Vanity Fair AveButler, AL 36904
Senior Living
  • Utilities Included

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.

Read Article
close
View Me
Cedar Pointe Apartments
Studio to 2 Bedroom Apartments

Cedar Pointe Apartments

429 Wilson Ave EThomasville, AL 36784
Corporate Housing
  • Utilities Included

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.

Read Article
Showing Results 1-50, 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 Rock Pointe Apartments priced from $463. Susanna Ridge has the second lowest priced unit, which is a 2 Beds apartment currently listed from $570. Here is today’s list of the most affordable Magnolia apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Rock Pointe Apartments1 Bed, 1 bath1BR,1BA$463
Susanna Ridge2 Bed/2 Bath2BR,2BA$570
Pebble Creek Apartments1 Bed/1 Bath1BR,1BA$599
Boundary Estates1 Bed/ 1 Bath1BR,1BA$599
Magnolia Village1 Bed, 1 bath1BR,1BA$610
Willow Trace Apartments1 Bed/1 Bath1BR,1BA$649
Megan Manor Apartments2 Bed/1 Bath2BR,1BA$749
Camellia Place2 Bed/1 Bath2BR,1BA$749
Hillcrest Estates2 Bed/ 2 Bath2BR,2BA$749
Coventry Gardens Apartments2 Bed/1 Bath2BR,1BA$799

Best Value Apartments for Rent in Magnolia, AL and Nearby

As of September 11, 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 $799 with a $0.76 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$0.76
Hillcrest Estates3 Bed/ 2 Bath3BR,2BA$0.86
Susanna Ridge2 Bed/2 Bath2BR,2BA$0.58
Megan Manor Apartments2 Bed/1 Bath2BR,1BA$0.83
Rock Pointe Apartments1 Bed, 1 bath1BR,1BA$0.57
Willow Trace Apartments1 Bed/1 Bath1BR,1BA$0.86
Pebble Creek Apartments1 Bed/1 Bath1BR,1BA$0.80
Magnolia Village1 Bed, 1 bath1BR,1BA$0.86
Boundary Estates1 Bed/ 1 Bath1BR,1BA$0.92

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.

Read Article
Decorative image

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Read Article

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.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

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

Explore Magnolia, AL Rentals by Map

Decorative image of map

See the most popular apartments and homes in Magnolia, AL

View Map
Magnolia, AL Apartments Map
View Map
Magnolia, AL Rental Homes Map

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 $463 at Rock Pointe Apartments.

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 $570 at Susanna Ridge.

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

decorative image for Rent According to Income: A Look at Income-Restricted Rentals article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My! article

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags article

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.