Cheap Homes for Rent in Magnolia, KY from $900 (11 Rentals)

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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.

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.

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 Apartments priced from $645. Christopher Square Apartments NEW MANAGEMENT! 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 Valley Apartments1bd/1ba small w/carpet - Second Floor1BR,1BA$645
Christopher Square Apartments NEW MANAGEMENT!1 Bed, 1 bath1BR,1BA$700
River Glow ApartmentsRiver Glow - 2/1 - Second Floor2BR,1BA$745
Town Pointe ApartmentsStudioStudio,1BA$795
Vineland Carriage Homes ApartmentsSM 2 BDRM2BR,2BA$810

Best Value Apartments for Rent in Magnolia, KY and Nearby

As of June 06, 2026 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 2+2 Model at Arlington Park Apartments starting at $1,120 with a $0.90 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
Arlington Park Apartments2+22BR,2BA$0.90
Vineland Carriage Homes ApartmentsLGR 2 BDRM GAR2BR,2BA$0.80
Green River Lake CommonsThe Dream3BR,2BA$0.94
Tanyard Park2 Bedroom | 2 Bath2BR,2BA$1.00
BlackBranch Apartments2 Bedroom2BR,2BA$0.87
The Grasslands3 Beds, 1 bath3BR,1BA$0.86
Woodside Townhomes2 Bedroom Townhome2BR,1.5BA$0.81
River Glow ApartmentsRiver Glow - 2/1 - Second Floor2BR,1BA$0.93
Christopher Square Apartments NEW MANAGEMENT!1 Bed, 1 bath1BR,1BA$0.92

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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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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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 52 Apartments for Rent in Magnolia, KY with pricing that ranges from $645 to $2,999. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Magnolia ranging from $900 to $3,000.

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 $3,000 with an average monthly rent of $1,659.

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 $950 to $2,299, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,100 to $2,500. Four Bedroom Single-Family rentals are also available starting from $2,200 and Four Bedroom Apartments start at $2,999.

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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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.

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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.

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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.

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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.