
Cheap Apartments for Rent in Magnolia, IA from $600 (44 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
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

Park West

Cottonwood Apartments

Kimberly Manor

Riverbend - Newly Renovated! Call today!

Warwick Apartments

Kings Gate Senior

Grandridge
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.

The Bluffs

Featherstone Apartments

Sherwood Forest Estates

Regency Villa of Harlan

Highpoint

Cherry Creek Village

CopperCreek

The Mill
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.

Residences at Fox Pointe

ivi Apartments

Blair Crossing Apartments

Nichol Flats

Hanover Flats

Colonial Plaza Apartments

Deer Park

Deerfield 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.

Aspen Grove Apartments

Hidden Bluffs Apartments

The Rochester Apartments

Standing Bear Lake

Connect55+ Omaha Senior Community 55+

Benson Lights

3212 N 39th St

4314 N 52nd St
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.

4332 Fowler Ave

3674 Bedford Ave

5345 N 33rd Ave

3356 N 41st St
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 | $1,046 | $730 | $1,260 |
| Magnolia 1 Bedroom Apartments | $1,109 | $695 | $2,015 |
| Magnolia 2 Bedroom Apartments | $1,486 | $749 | $2,299 |
| Magnolia 3 Bedroom Apartments | $1,649 | $1,200 | $2,300 |
| Magnolia 4 Bedroom Apartments | $1,049 | $679 | $1,867 |
Browse Top Apartments in Magnolia
See all Apartments in MagnoliaExplore Magnolia
Magnolia, IA Local Guide
- Nearby Cities
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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 |
| Warwick Apartments | 1 Bed, 1 bath | 1BR,1BA | $890 |
| Grandridge | Ogden | 1BR,1BA | $900 |
| Featherstone Apartments | One Bedroom | One Bath | 1BR,1BA | $900 |
| Sherwood Forest Estates | 1 Bedroom 1 Bath Small | 1BR,1BA | $910 |
Best Value Apartments for Rent in Magnolia, IA and Nearby
As of May 30, 2026 the best value apartment in the Magnolia area is the $1.17 price per square foot Two Bed, 1.5 Bath Model at Fairview Apartments in the in the North Omaha neighborhood starting from $1,225. The second greatest value Magnolia apartment is the Two Bedroom 215B Model at Beacon Hill starting at $1,070 with a $1.02 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Fairview Apartments | Two Bed, 1.5 Bath | 2BR,1.5BA | $1.17 |
| Beacon Hill | Two Bedroom 215B | 2BR,1.5BA | $1.02 |
| Grandridge | Arcadia | 2BR,2BA | $1.08 |
| Cottonwood Apartments | 2X1B | 2BR,1BA | $1.08 |
| Fox Valley Apartments | 2 Bed, 1 Bath B2 | 2BR,1BA | $1.11 |
| Riverbend - Newly Renovated! Call today! | One Bedroom | 1BR,1BA | $1.24 |
| 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 |
| Residences at Sorensen Square | 1BR/1.0BA | 1BR,1BA | $1.25 |
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 $919 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

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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.