
Cheap Homes for Rent in Magnolia, IA from $900 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Magnolia.


5922 N 28th Ave

4123 Avenue C

2305 John A Creighton Blvd
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.

5345 N 33rd Ave

3674 Bedford Ave

3356 N 41st St

6808 N 30th St
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.

112 Court St
Magnolia, IA Local Guide

How much does it cost to rent a home in Magnolia?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Magnolia 2 Bedroom Homes for Rent | $1,362 | $950 | $1,850 |
| Magnolia 3 Bedroom Homes for Rent | $1,768 | $1,275 | $2,500 |
| Magnolia 4 Bedroom Homes for Rent | $2,308 | $1,795 | $3,450 |
Browse Top Homes for Rent in Magnolia
Explore Magnolia
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. 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 |
Best Value Apartments for Rent in Magnolia, IA and Nearby
As of June 21, 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 Arcadia Model at Grandridge starting at $1,075 with a $1.08 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. |
|---|---|---|---|
| Fairview Apartments | Two Bed, 1.5 Bath | 2BR,1.5BA | $1.17 |
| Grandridge | Arcadia | 2BR,2BA | $1.08 |
| Deerfield Apartments | Birch | 2BR,2BA | $1.19 |
| Northview | 2 Bedroom | 2BR,1BA | $1.12 |
| Aspen Grove Apartments | 2/2 - 60% | 2BR,2BA | $1.11 |
| Nichol Flats | 1x1 B | 1BR,1BA | $1.14 |
| Park West | 1 Bedroom, 1 Bathroom - 743 SF | 1BR,1BA | $1.20 |
| 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!
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Frequently Asked Questions about Magnolia
What type of rentals are currently available in Magnolia?
There are currently 49 Apartments for Rent in Magnolia, IA with pricing that ranges from $679 to $2,300. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Magnolia ranging from $900 to $3,450.
What is the current price range for Rental Homes in Magnolia?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Magnolia ranges from $900 to $3,450 with an average monthly rent of $1,584.
How much are larger Three and Four Bedroom Rentals in Magnolia?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Magnolia range from $1,200 to $2,300, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,275 to $2,500. Four Bedroom Single-Family rentals are also available starting from $1,795 and Four Bedroom Apartments start at $679.
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

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.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.