
Cheap Apartments for Rent near Magnolia, IA from $600 (45 Rentals)
Search the lowest-cost Apartments available for rent right now in Magnolia.


Larimore Senior Residences

Woodland Apartments

Beacon Hill

Total Monthly Price
Fairview Apartments

Residences at Sorensen Square

30 Metro Apartments

Grandridge

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

Kimberly Manor

Residences at Fox Pointe

Cottonwood Apartments

Riverbend - Newly Renovated! Call today!

Warwick Apartments

Kings Gate Senior

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

Fox Valley Apartments

Nichol Flats

Highpoint

Aspen Grove Apartments

Cherry Creek Village

Deerfield Apartments

CopperCreek
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.

The Mill

The Rochester Apartments

Hidden Bluffs Apartments

Total Monthly Price
Blair Crossing Apartments

Deer Park

ivi Apartments

Colonial Plaza Apartments

Hanover Flats

Benson Lights
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.

Standing Bear Lake

Emerald Reserve Omaha

Dana Village

810 E Erie St

207 N Stark St

5345 N 33rd Ave

Lakeside Estates

3356 N 41st St

3328 N 40th St
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.
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 | $1,024 | $785 | $1,235 |
| Magnolia 1 Bedroom Apartments | $1,114 | $695 | $2,015 |
| Magnolia 2 Bedroom Apartments | $1,444 | $769 | $2,356 |
| Magnolia 3 Bedroom Apartments | $1,629 | $1,200 | $2,300 |
| Magnolia 4 Bedroom Apartments | $1,222 | $679 | $1,777 |
Browse Top Apartments in Magnolia
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Magnolia, IA Local Guide
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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. Larimore Senior Residences in the Omaha View neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $760. 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 |
| 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 |
| Residences at Sorensen Square | 1BR/1.0BA | 1BR,1BA | $800 |
| Grandridge | Ogden | 1BR,1BA | $825 |
| Beacon Hill | One Bedroom 11C | 1BR,1BA | $830 |
| Park West | 1 Bedroom, 1 Bathroom - 736 SF | 1BR,1BA | $845 |
| Keystone Park Apartments - Benson | 1 bedroom / 1 bath - Tenant Pays Utils.. | 1BR,1BA | $845 |
| Residences at Fox Pointe | 1BR/1.0BA | 1BR,1BA | $875 |
Best Value Apartments for Rent in Magnolia, IA and Nearby
As of July 14, 2026 the best value apartment in the Magnolia area is the $1.12 price per square foot 2 Bed 2 Bath Model at Standing Bear Lake in the in the Northwest Omaha neighborhood starting from $1,553. The second greatest value Magnolia apartment is the Sahler II Model at Country Estates starting at $1,440 with a $1.22 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 | $1.12 |
| Country Estates | Sahler II | 2BR,2.5BA | $1.22 |
| Park West | 3 Bedroom, 2 Bathroom - 1160 SF | 3BR,2BA | $1.20 |
| Fairview Apartments | Two Bed, 1.5 Bath | 2BR,1.5BA | $1.17 |
| Grandridge | Arcadia | 2BR,2BA | $1.03 |
| Deerfield Apartments | Birch | 2BR,2BA | $1.14 |
| Aspen Grove Apartments | 2/2 - 60% | 2BR,2BA | $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 |
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 ArticleReal 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.
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 Cherry Creek Village listed at $1,000.
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 $990 at Aspen Grove Apartments.
What is the most affordable Magnolia Three Bedroom Apartment?
The best deal on a cheap Magnolia Three Bedroom Apartment rental is at The Bluffs 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

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.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.