Cheap Apartments for Rent near Magnolia, IA from $679 (50 Rentals)

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Search the lowest-cost Apartments available for rent right now in Magnolia.

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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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.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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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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Dana Village
Studio to 2 Bedroom Apartments

Dana Village

2854 Angels Share DrBlair, NE 68008

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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Showing Results 1-50, Page 1 of 1

Magnolia, IA Local Guide

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 ListingModel NameBed/BathPriced From
Keystone RidgeOne Bedroom1BR,1BA$695
Larimore Senior ResidencesOne Bed/One Bat 60%1BR,1BA$760
Woodland ApartmentsOne Bedroom/One Bath1BR,1BA$781
Beacon HillStudio 01AStudio,1BA$785
Fairview ApartmentsOne Bed1BR,1BA$799
Residences at Sorensen Square1BR/1.0BA1BR,1BA$800
Keystone Park Apartments - Benson1 bedroom / 1 bath - Tenant Pays Utils..1BR,1BA$845
Fox Valley Apartments1 Bed, 1 Bath A11BR,1BA$850
Residences at Fox Pointe1BR/1.0BA1BR,1BA$875
Park West1 Bedroom, 1 Bathroom - 743 SF1BR,1BA$895

Best Value Apartments for Rent in Magnolia, IA and Nearby

As of August 29, 2026 the best value apartment in the Magnolia area is the $1.01 price per square foot 2BR/2.0BA Model at Colonial Plaza Apartments in the in the Council Bluffs neighborhood starting from $1,175. The second greatest value Magnolia apartment is the Two Bed, 1.5 Bath Model at Fairview Apartments starting at $1,225 with a $1.17 price per square foot in the North Omaha 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.
Colonial Plaza Apartments2BR/2.0BA2BR,2BA$1.01
Fairview ApartmentsTwo Bed, 1.5 Bath2BR,1.5BA$1.17
GrandridgeArcadia2BR,2BA$1.05
The BluffsTownhome2BR,1.5BA$1.21
Cottonwood Apartments2X1S2BR,1BA$1.17
Aspen Grove Apartments2/2 - 60%2BR,2BA$1.11
Park West1 Bedroom, 1 Bathroom - 743 SF1BR,1BA$1.20
Keystone Park Apartments - Benson1 bedroom / 1 bath - Tenant Pays Utils..1BR,1BA$1.21
Larimore Senior ResidencesOne Bed/One Bat 60%1BR,1BA$1.13
Keystone RidgeOne Bedroom1BR,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.

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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!

Explore Magnolia, IA Rentals by Map

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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 Beacon Hill listed at $785.

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 $950 at Residences at Sorensen Square.

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

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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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.