Cheap Apartments for Rent in Magnolia, IA from $500 (20 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Cheap Apartments in Magnolia.

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

Magnolia, IA Local Guide

Cheapest Available Magnolia Apartments for Rent and Nearby

 

The cheapest available apartment rental in Magnolia, IA is a Studio unit found at Dana Village priced from $536. Larimore Senior Residences in the Omaha View neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $823. Here is today’s list of the most affordable Magnolia apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Dana VillageS3Studio,1BA$536
Larimore Senior ResidencesOne Bed/One Bat 50% Hh1BR,1BA$823
Keystone Park Apartments - Benson1 bedroom / 1 bath - Tenant Pays Utils..1BR,1BA$845
Warwick Apartments1 Bed, 1 bath1BR,1BA$860
GrandridgeOgden1BR,1BA$885

Best Value Apartments for Rent in Magnolia, IA and Nearby

As of May 04, 2025 the best value apartment in the Magnolia area is the $1.08 price per square foot 3 Bedroom Model at Residences at Sorensen Square in the in the North Omaha neighborhood starting from $1,300. The second greatest value Magnolia apartment is the Two Bedroom 215B Model at Beacon Hill starting at $1,075 with a $1.03 price per square foot in the Keystone 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.
Residences at Sorensen Square3 Bedroom3BR,2BA$1.08
Beacon HillTwo Bedroom 215B2BR,1.5BA$1.03
Cottonwood Apartments2X1B2BR,1BA$1.13
The BluffsTwo Bedroom 2nd Floor2BR,1BA$1.05
Keystone RidgeTwo Bedroom2BR,1BA$1.00
Highpoint2 Bed, 1 Bath2BR,1BA$1.24
GrandridgeOgden1BR,1BA$1.04
Keystone Park Apartments - Benson1 bedroom / 1 bath - Tenant Pays Utils..1BR,1BA$1.21
Warwick Apartments1 Bed, 1 bath1BR,1BA$1.23
Dana VillageS1BStudio ,1BA$0.79

Quick 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.

decorative image of people with a giant lease agreement

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Magnolia, IA Rentals by Map

View MapMagnolia, IA Apartments MapView MapMagnolia, IA Rental Homes Map

Getting Around Magnolia, IA

Bike Score®

19 / 100

Somewhat Bikeable

Minimal bike infrastructure

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 Dana Village listed at $536.

How much is rent for a Cheap One Bedroom Magnolia Apartment?

The lowest price for a Cheap One Bedroom Magnolia Apartment is $561 at Dana Village.

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 $900 at Keystone Ridge.

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

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for Navigating the Rental Market: Tips for First-Time Renters article

Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

decorative image for Rise of Digital Nomads: Remote Work Tips for Apartment Renters article

Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

decorative image for Know Your Rights - How Discrimination Laws Impact Landlords and Tenants article

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.