Cheap Apartments for Rent in Magnolia, DE from $700 (52 Rentals)

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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.

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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.

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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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Mispillion Apartments
1 to 2 Bedroom Apartments

Mispillion Apartments

1029 S Walnut StMilford, DE 19963
  • Utilities Included
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High Point Park
2 to 4 Bedroom Apartments

High Point Park

2 Willow DrFrederica, DE 19946
  • 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.

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Lakeside Apartments
1 to 2 Bedroom Apartments

Lakeside Apartments

505 NW Front StMilford, DE 19963
  • 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.

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Showing Results 1-50, Page 1 of 2

Magnolia, DE Local Guide

Cheapest Neighborhoods for Apartments in Magnolia, DE

Pricing Updated: 08/19/2026

Current apartment rentals in the Magnolia, DE area range in price from $1,550 to $2,695 with an overall median price of $1,999. Here is today’s list neighborhoods with the lowest median pricing for Magnolia Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Point Landing$1,999$1,5509

Cheapest Available Magnolia Apartments for Rent and Nearby

 

The cheapest available apartment rental in Magnolia, DE is a Studio unit found at Premier Village Apartments in the Orioles Cove neighborhood priced from $1,225. Towne Point Apartments in the Parker's Run neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,250. Here is today’s list of the most affordable Magnolia apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Premier Village ApartmentsStudioStudio,1BA$1,225
Towne Point ApartmentsThe Sussex-1 bedroom/1 bath - gas included1BR,1BA$1,250
Riverchase ApartmentsOne Bed1BR,1BA$1,295
Mapleton Square Apartment HomesOne Bedroom1BR,1BA$1,355
Country Village Apartment HomesOne Bedroom - 756 sqft1BR,1BA$1,405
Planters Run Apartments (55+ Active Adult)1 Bedroom1BR,1BA$1,450
Woodcrest Apartment HomesOne Bedroom - 527 sqft1BR,1BA$1,470
Dover Estates Apartments2 Bed 1 Bath – Azalea2BR,1BA$1,475
Christina Apartments1 Bed 1.5 Bath1BR,1BA$1,485
Sunnyside Apartments1 Bed 1.5 Bath1BR,1BA$1,485

Best Value Apartments for Rent in Magnolia, DE and Nearby

As of August 19, 2026 the best value apartment in the Magnolia area is the $1.47 price per square foot Interior Unit - Fenced Model at Windward Grove - Townhome Rentals in the in the Orchard Hill neighborhood starting from $2,275. The second greatest value Magnolia apartment is the Carlisle Model at Windward on the River starting at $2,143 with a $1.47 price per square foot in the Orchard Hill neighborhood. 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.
Windward Grove - Townhome RentalsInterior Unit - Fenced3BR,2.5BA$1.47
Windward on the RiverCarlisle3BR,2BA$1.47
Village at Blue Hen3BH23BR,2BA$1.30
The Reserve on East2 BD2BR,2BA$1.54
Leander LakesSunfish2BR,2BA$1.44
Watergate Townhomes2 Bed 2 Bath Townhome2BR,2BA$1.49
Sunnyside Apartments2 Bed 2 Bath2BR,2BA$1.53
Friendship VillageBeech2BR,2BA$1.50
Planters Run Apartments (55+ Active Adult)1 Bedroom1BR,1BA$1.63
Riverchase ApartmentsOne Bed1BR,1BA$1.73

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!

Explore Magnolia, DE Rentals by Map

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See the most popular apartments and homes in Magnolia, DE

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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 $1,250 at Towne Point 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 $1,395 at Towne Point Apartments.

What is the most affordable Magnolia Three Bedroom Apartment?

The best deal on a cheap Magnolia Three Bedroom Apartment rental is at Riverchase Apartments and starts from $1,725.

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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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.

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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.

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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.

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

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.