
Cheap Homes for Rent in Magnolia, DE from $1,200 (7 Rentals)
Search the lowest-cost Homes available for rent right now in Magnolia.


383 W North St

14 Starboard Ct
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.

331 N Governors Ave

163 Spruance Rd

200 Beechwood Ave
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.

17 Edgewater Dr
Magnolia, DE 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 | $1,700 | $1,600 | $1,800 |
| Magnolia 3 Bedroom Homes for Rent | $2,192 | $1,600 | $2,900 |
| Magnolia 4 Bedroom Homes for Rent | $2,660 | $2,100 | $3,200 |
| Magnolia 5 Bedroom Homes for Rent | $3,250 | $2,750 | $3,750 |
Browse Top Homes for Rent in Magnolia
Explore Magnolia
Magnolia, DE Local Guide
- Magnolia Neighborhoods
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Cheapest Neighborhoods for Apartments in Magnolia, DE
Pricing Updated: 02/16/2026Current 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:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Point Landing | $2,800 | $1,200 | 11 |
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 $1,125. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Premier Village Apartments | Studio | Studio,1BA | $1,125 |
| Towne Point Apartments | 1 B - 1 bath - gas included | 1BR,1BA | $1,230 |
| Woodcrest Apartment Homes | Studio - 322 sqft | Studio,1BA | $1,310 |
Best Value Apartments for Rent in Magnolia, DE and Nearby
As of February 16, 2026 the best value apartment in the Magnolia area is the $1.61 price per square foot End Unit - Fenced Model at Windward Grove - Townhome Rentals in the in the Orchard Hill neighborhood starting from $2,500. The second greatest value Magnolia apartment is the Carlisle Model at Windward on The River starting at $2,250 with a $1.55 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Windward Grove - Townhome Rentals | End Unit - Fenced | 3BR,2.5BA | $1.61 |
| Windward on The River | Carlisle | 3BR,2BA | $1.55 |
| Silver Mill Apartments | 3 Bedroom 2 Bath - Shower | 3BR,2BA | $1.31 |
| Edge at Dover | 2 Bedroom w/ Den | 2BR,2BA | $1.54 |
| Leander Lakes | Horseshoe Crab | 3BR,2BA | $1.39 |
| Watergate Townhomes | 2 Bed 2 Bath Townhome | 2BR,2BA | $1.46 |
| Sunnyside Apartments | 2 Bed 2 Bath | 2BR,2BA | $1.49 |
| Dover Estates Apartments | 2 Bed 1.5 Bath – Hummingbird | 2BR,2BA | $1.75 |
| Linkside Apartments | 2 Bed 2 Bath | 2BR,2BA | $1.74 |
| Planters Run Apartments (55+ Active Adult) | 1 Bedroom | 1BR,1BA | $1.63 |
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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
Read ArticleQuick 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, DE Rentals by Map
See the most popular apartments and homes in Magnolia, DE
Frequently Asked Questions about Magnolia
What type of rentals are currently available in Magnolia?
There are currently 45 Apartments for Rent in Magnolia, DE with pricing that ranges from $728 to $3,200. There are also 41 Single Family Homes for rent, Condos, and Townhome rentals currently available in Magnolia ranging from $1,200 to $3,750.
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 $1,200 to $3,750 with an average monthly rent of $2,125.
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 $1,650 to $3,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,600 to $2,900. Four Bedroom Single-Family rentals are also available starting from $2,100 and Four Bedroom Apartments start at $2,499.
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

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.