Cheap Apartments for Rent in Magnolia, KY from $500 (16 Rentals)

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

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.

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.

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Magnolia, KY Local Guide

Cheapest Available Magnolia Apartments for Rent and Nearby

 

The cheapest available apartment rental in Magnolia, KY is a 1 Bed unit found at River Valley priced from $675. Vista Apartments of Radcliffe has the second lowest priced unit, which is a 1 Bed apartment currently listed from $700. Here is today’s list of the most affordable Magnolia apartments for rent:

Apartment ListingModel NameBed/BathPriced From
River ValleyOne Bed1BR,1BA$675
Vista Apartments of Radcliffe1 Bdrm1BR,1BA$700
River Glow ApartmentsOne Bedroom / On Bath1BR,1BA$735
Woodside Townhomes2 Beds, 1.5 baths2BR,1BA$850
Anderson EstatesTwo Bedroom One Bath2BR,1BA$899

Best Value Apartments for Rent in Magnolia, KY and Nearby

As of June 12, 2025 the best value apartment in the Magnolia area is the $0.98 price per square foot 3x2 Model at Claysville Landing Apartment Suites in the starting from $1,325. The second greatest value Magnolia apartment is the 3 Beds, 2 baths Model at Towne Commons Apartments starting at $1,123 with a $0.95 price per square foot . 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.
Claysville Landing Apartment Suites3x23BR,2BA$0.98
Towne Commons Apartments3 Beds, 2 baths3BR,2BA$0.95
The Grasslands3 Beds, 1 bath3BR,1BA$0.95
Woodside Townhomes2 Beds, 1.5 baths2BR,1.5BA$0.81
Vineland Carriage Homes ApartmentsSM 2 BDRM2BR,2BA$0.95
Robinbrooke Crossings2bds2BR,2BA$1.00
464 Springfield Rd2-Bedroom2BR,2BA$1.03
Embassy Townhomes2 Bed, 1.5 Bath2BR,1.5BA$1.00
Preston GardensBellflower1BR,1BA$1.09
Vista Apartments of Radcliffe1 Bdrm1BR,1BA$1.08

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.

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Pet Friendly Lifestyle

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Pet Friendliness Lifestyle Score

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

Explore Magnolia, KY Rentals by Map

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Getting Around Magnolia, KY

Walk Score®

4 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

19 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap Magnolia Apartments

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

The lowest price for a Cheap One Bedroom Magnolia Apartment is $675 at River Valley.

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 $785 at River Glow Apartments.

What is the most affordable Magnolia Three Bedroom Apartment?

The best deal on a cheap Magnolia Three Bedroom Apartment rental is at The Grasslands and starts from $1,050.

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.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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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.