
Cheap Homes for Rent in Magnolia, AL from $700 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Magnolia.


190 E Perdue St

207 Cedar Dr

395 Co Rd 731

3090 Co Rd 7

160 Fore Ave

53 Short St

5426 Chandler Rd

501 Norvell St

134 Skyland Dr, Unit 134 Skyland Dr. A
Magnolia, AL Local Guide

How much does it cost to rent a home in Magnolia?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Magnolia 2 Bedroom Homes for Rent | $1,092 | $875 | $1,400 |
| Magnolia 3 Bedroom Homes for Rent | $1,399 | $799 | $2,900 |
| Magnolia 4 Bedroom Homes for Rent | $1,445 | $1,445 | $1,445 |
| Magnolia 5 Bedroom Homes for Rent | $1,400 | $1,400 | $1,400 |
Browse Top Homes for Rent in Magnolia
Explore Magnolia
Magnolia, AL Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Timberline Apartments | Two Bedrooms | 2BR,1BA | $375 |
| 1125 Washington St | Regular | 2BR,2BA | $700 |
| Landmark Apartment Homes | 1 BED 1 BATH | 1BR,1BA | $725 |
Best Value Apartments for Rent in Magnolia, AL and Nearby
As of November 10, 2025 the best value apartment in the Magnolia area is the $1.14 price per square foot 2 bedroom 2 bathroom Model at The Mark Apartments in the starting from $1,250. The second greatest value Magnolia apartment is the The Magnolia Model at Northwood Place starting at $1,185 with a $1.16 price per square foot . Here is today’s list of the best values for Magnolia apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Mark Apartments | 2 bedroom 2 bathroom | 2BR,2BA | $1.14 |
| Northwood Place | The Magnolia | 2BR,2BA | $1.16 |
| Oak Manor Apartment Homes | 3 bedroom 1.5 bathroom Platinum | 3BR,1.5BA | $1.14 |
| Hunter Pointe Apartments | Two Bedroom | 2BR,2BA | $0.76 |
| Heritage Hills Apartments | 2x1.5 (vinyl flooring downstairs, carpet in bed... | 2BR,1.5BA | $0.92 |
| Creekside Apartments | 2 BD/2 BA Remodeled | 2BR,2BA | $1.04 |
| 1125 Washington St | Regular | 2BR,2BA | $0.93 |
| Timberline Apartments | Two Bedrooms | 2BR,1BA | $0.53 |
| Landmark Apartment Homes | 1 BED 1 BATH | 1BR,1BA | $1.05 |
| New Meridian Estates | 1BR/1BA Upgraded | 1BR,1BA | $1.20 |
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Magnolia, AL Rentals by Map
See the most popular apartments and homes in Magnolia, AL
Frequently Asked Questions about Magnolia
What type of rentals are currently available in Magnolia?
There are currently 45 Apartments for Rent in Magnolia, AL with pricing that ranges from $343 to $2,235. There are also 30 Single Family Homes for rent, Condos, and Townhome rentals currently available in Magnolia ranging from $799 to $2,900.
What is the current price range for Rental Homes in Magnolia?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Magnolia ranges from $799 to $2,900 with an average monthly rent of $1,334.
How much are larger Three and Four Bedroom Rentals in Magnolia?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Magnolia range from $472 to $1,230, while Three Bedroom Homes, Condos, and Townhomes for rent range from $799 to $2,900. Four Bedroom Single-Family rentals are also available starting from $1,445 and Four Bedroom Apartments start at $2,129.
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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.

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.