Cheap Apartments for Rent in Magnolia, DE from $700 (45 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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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

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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Lakeside Apartments
1 to 2 Bedroom Apartments

Lakeside Apartments

505 NW Front StMilford, DE 19963
  • Utilities Included

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Magnolia, DE Local Guide

Cheapest Neighborhoods for Apartments in Magnolia, DE

Pricing Updated: 05/07/2026

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

NeighborhoodMedian PriceMin PriceAvailable Units
Point Landing$2,497$1,5502

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 $1,230. 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$1,230
Riverchase ApartmentsOne Bed1BR,1BA$1,295
Mapleton Square Apartment HomesOne Bedroom1BR,1BA$1,320
Planters Run Apartments (55+ Active Adult)1 Bedroom1BR,1BA$1,450
Christina Apartments1 Bed 1.5 Bath1BR,1BA$1,460
Sunnyside Apartments1 Bed 1.5 Bath1BR,1BA$1,460
Dover Estates Apartments2 Bed 1 Bath – Azalea2BR,1BA$1,475
Country Village Apartment HomesTwo Bedroom 2 Bath - 978 sqft2BR,2BA$1,495
Woodcrest Apartment HomesOne Bedroom - 527 sqft1BR,1BA$1,510

Best Value Apartments for Rent in Magnolia, DE and Nearby

As of May 07, 2026 the best value apartment in the Magnolia area is the $1.49 price per square foot Interior Unit - Fenced Model at Windward Grove - Townhome Rentals in the in the Orchard Hill neighborhood starting from $2,305. The second greatest value Magnolia apartment is the 4 Bed 2 Bath Model at Eagle Meadows Apartments starting at $2,295 with a $1.56 price per square foot in the Point Landing 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$1.49
Eagle Meadows Apartments4 Bed 2 Bath4BR,2BA$1.56
Silver Mill Apartments3 Bedroom 2 Bath - Shower3BR,2BA$1.31
Leander LakesHorseshoe Crab3BR,2BA$1.39
Edge at Dover2 Bedrooms2BR,2BA$1.44
Village at Blue Hen2NW2NH2BR,2BA$1.46
Lakeside Apartments2 Bed | 1.5 Bath2BR,1.5BA$1.50
Windward on the RiverReville2BR,2BA$1.57
Watergate Townhomes2 Bed 2 Bath Townhome2BR,2BA$1.46
Sunnyside Apartments2 Bed 2 Bath2BR,2BA$1.49

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 $1,230 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 $1,375 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 Sunnyside Apartments and starts from $1,660.

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 A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.