
Cheap Homes for Rent in Magnolia, IA from $800 (5 Rentals)
Search the lowest-cost Homes available for rent right now in Magnolia.


4108 Cuming St
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.

4314 N 52nd St

4011 Saratoga 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.

5345 N 33rd Ave
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 | $1,336 | $1,200 | $1,495 |
| Magnolia 3 Bedroom Homes for Rent | $1,907 | $1,095 | $3,100 |
| Magnolia 4 Bedroom Homes for Rent | $1,816 | $1,600 | $1,995 |
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 May 07, 2026 the best value apartment in the Magnolia area is the $1.14 price per square foot 3X2 Garden Model at Hidden Bluffs Apartments in the starting from $1,395. The second greatest value Magnolia apartment is the Sahler II Model at Country Estates starting at $1,425 with a $1.21 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. |
|---|---|---|---|
| Hidden Bluffs Apartments | 3X2 Garden | 3BR,2BA | $1.14 |
| Country Estates | Sahler II | 2BR,2.5BA | $1.21 |
| Fairview Apartments | Two Bed, 1.5 Bath | 2BR,1.5BA | $1.17 |
| Grandridge | Arcadia | 2BR,2BA | $1.13 |
| The Bluffs | Townhome | 2BR,1.5BA | $1.12 |
| Cottonwood Apartments | 2X1B | 2BR,1BA | $1.13 |
| Warwick Apartments | 1 Bed, 1 bath | 1BR,1BA | $1.11 |
| Larimore Senior Residences | One Bed/One Bat 60% | 1BR,1BA | $1.13 |
| Fox Valley Apartments | 1 Bed, 1 Bath A1 | 1BR,1BA | $1.21 |
| 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 $649 to $2,300. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Magnolia ranging from $815 to $3,100.
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 $815 to $3,100 with an average monthly rent of $1,485.
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 $1,095 to $3,100. Four Bedroom Single-Family rentals are also available starting from $1,600 and Four Bedroom Apartments start at $649.
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

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.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.