
Cheap Apartments for Rent in Magnolia, IA from $600 (52 Rentals)
Search the lowest-cost Apartments available for rent right now in Magnolia.


Dana Village

Residences at Sorensen Square

Larimore Senior Residences

Woodland Apartments

Beacon Hill

Fox Valley Apartments

Total Monthly Price
Fairview Apartments

Cottonwood Apartments

Park West
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.

Keystone Park Apartments - Benson

Benson Lights

Residences at Fox Pointe

Riverbend - Newly Renovated! Call today!

Warwick Apartments

Kings Gate Senior

The Mill

Grandridge

The Bluffs

Featherstone Apartments
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.

Sherwood Forest Estates

Regency Villa of Harlan

Highpoint

Cherry Creek Village

CopperCreek

Northview

ivi Apartments

Nichol Flats

The Rochester Apartments

Aspen Grove Apartments
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.

Hidden Bluffs Apartments

Colonial Plaza Apartments

TigerTown Plaza

Deerfield Apartments

Hanover Flats

Deer Park

Connect55+ Omaha Senior Community 55+

Blair Crossing Apartments

Standing Bear Lake

TipTop Apartments
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.

Terrace Garden Townhomes

4108 Cuming St

4127 N 38th St

2237 N 38th St

3533 N 39th St

4123 Wirt St

Lakeside Estates

4707 N 40th St

6905 N 33rd St

2005 Edward R Danner Plz
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
Magnolia, IA Local Guide

How much does it cost to rent an apartment in Magnolia?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Magnolia Studio Apartments | $999 | $730 | $1,295 |
| Magnolia 1 Bedroom Apartments | $1,098 | $695 | $2,015 |
| Magnolia 2 Bedroom Apartments | $1,489 | $749 | $2,299 |
| Magnolia 3 Bedroom Apartments | $1,728 | $1,200 | $2,300 |
| Magnolia 4 Bedroom Apartments | $1,028 | $649 | $1,861 |
Browse Top Apartments in Magnolia
See all Apartments in MagnoliaExplore Magnolia
Magnolia, IA Local Guide
- Nearby Cities
- ZIP codes
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Cheapest Available Magnolia Apartments for Rent and Nearby
 The cheapest available apartment rental in Magnolia, IA is a 1 Bed unit found at Keystone Ridge in the Benson neighborhood priced from $695. Residences at Sorensen Square in the North Omaha neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $750. Here is today’s list of the most affordable Magnolia apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Keystone Ridge | One Bedroom | 1BR,1BA | $695 |
| Residences at Sorensen Square | 1BR/1.0BA | 1BR,1BA | $750 |
| Larimore Senior Residences | One Bed/One Bat 60% | 1BR,1BA | $760 |
| Woodland Apartments | One Bedroom/One Bath | 1BR,1BA | $781 |
| Fairview Apartments | One Bed | 1BR,1BA | $799 |
| Keystone Park Apartments - Benson | 1 bedroom / 1 bath - Tenant Pays Utils.. | 1BR,1BA | $845 |
| Benson Lights | The Lambic | Studio,1BA | $849 |
| Residences at Fox Pointe | 1BR/1.0BA | 1BR,1BA | $875 |
| Warwick Apartments | 1 Bed, 1 bath | 1BR,1BA | $890 |
| The Mill | 0 Bedroom, 1 Bathroom - 539 SF B | Studio,1BA | $899 |
Best Value Apartments for Rent in Magnolia, IA and Nearby
As of April 15, 2026 the best value apartment in the Magnolia area is the $1.09 price per square foot 2 Bed 2 Bath Model at Standing Bear Lake in the in the Northwest Omaha neighborhood starting from $1,500. The second greatest value Magnolia apartment is the Sahler II Model at Country Estates starting at $1,425 with a $1.21 price per square foot in the Northwest Omaha 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. |
|---|---|---|---|
| Standing Bear Lake | 2 Bed 2 Bath | 2BR,2BA | $1.09 |
| Country Estates | Sahler II | 2BR,2.5BA | $1.21 |
| Fairview Apartments | Two Bed, 1.5 Bath | 2BR,1.5BA | $1.17 |
| Grandridge | Arcadia II | 2BR,2BA | $1.10 |
| Cottonwood Apartments | 2X1S | 2BR,1BA | $1.08 |
| Fox Valley Apartments | 2 Bed, 1 Bath B2 | 2BR,1BA | $1.17 |
| Warwick Apartments | 1 Bed, 1 bath | 1BR,1BA | $1.11 |
| Keystone Park Apartments - Benson | 1 bedroom / 1 bath - Tenant Pays Utils.. | 1BR,1BA | $1.21 |
| Larimore Senior Residences | One Bed/One Bat 60% | 1BR,1BA | $1.13 |
| Keystone Ridge | One Bedroom | 1BR,1BA | $1.11 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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, IA Rentals by Map
See the most popular apartments and homes in Magnolia, IA
Frequently Asked Questions about Cheap Magnolia Apartments
What is the Cheapest Studio apartment in Magnolia?
Currently the most affordable Cheap Studio Apartment in Magnolia is at Benson Lights listed at $849.
How much is rent for a Cheap One Bedroom Magnolia Apartment?
The lowest price for a Cheap One Bedroom Magnolia Apartment is $695 at Keystone Ridge.
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 $964 at Fox Valley Apartments.
What is the most affordable Magnolia Three Bedroom Apartment?
The best deal on a cheap Magnolia Three Bedroom Apartment rental is at Featherstone Apartments and starts from $1,200.
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

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.

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.