Cheap Apartments for Rent in Magnolia, NC from $700 (42 Rentals)

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

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.

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Caswell at Riverwalk
Rent Specials
$1,122 - $1,322
Total Monthly Price

Total Monthly Price

Base Rent
$1,122 - $1,322
Total Monthly Price
$1,122 - $1,322
2 Bedroom Apartments Available Jul 2

Caswell at Riverwalk

3340 Richlands HwyJacksonville, NC 28540
Affordability
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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.

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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.

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Jackson
1 Bedroom Apartments

Jackson

342 Drummer Kellum RdJacksonville, NC 28546

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.

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Lauradale
2 Bedroom Apartments

Lauradale

2 Aragona BlvdJacksonville, NC 28540

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.

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Magnolia, NC Local Guide

Cheapest Available Magnolia Apartments for Rent and Nearby

 

The cheapest available apartment rental in Magnolia, NC is a 1 Bed unit found at Kinston Village Apartments priced from $775. Osprey Cove North Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $805. Here is today’s list of the most affordable Magnolia apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Kinston Village Apartments1 Bedroom1BR,1BA$775
Osprey Cove North ApartmentsOne Bed, One Bath Classic1BR,1BA$805
WESTFIELD DUPLEXESDuplex2BR,2BA$875
Osprey Cove South ApartmentsTwo Bed, One Bath Efficiency2BR,1BA$900
JacksonOne Bedroom1BR,1BA$925
Azalea Gardens Apartments1 bedroom, 1 bathroom1BR,1BA$995
The Willows ApartmentsTwo Bedroom - Townhouse2BR,1BA$1,000
Herritage Court ApartmentsTwo Bedroom, 1.5 Bath2BR,1BA$1,000
Cardinal Village Apartments1 bedroom, 1 bathroom1BR,1BA$1,050
Cooper's Pointe Apartment HomesThe Pinelandcress2BR,2BA$1,069

Best Value Apartments for Rent in Magnolia, NC and Nearby

As of May 28, 2026 the best value apartment in the Magnolia area is the $1.10 price per square foot 3 x 2 Model at Legacy At Abbington Place in the starting from $1,595. The second greatest value Magnolia apartment is the The Freedom Model at Palisades of Jacksonville starting at $1,795 with a $1.29 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.
Legacy At Abbington Place3 x 23BR,2BA$1.10
Palisades of JacksonvilleThe Freedom3BR,2BA$1.29
Arbors at Carolina ForestThe Vendegrift3BR,2BA$1.25
Williamsburg PlaceParadisus 2 Bedroom2BR,2BA$1.22
Cooper's Pointe Apartment HomesThe Pinelandcress2BR,2BA$0.87
Herritage Court ApartmentsTwo Bedroom, 1.5 Bath2BR,1.5BA$0.84
The Willows ApartmentsTwo Bedroom - Townhouse2BR,1.5BA$0.89
Sterling Pointe Town Homes2 Bedroom - 2 Bath2BR,2BA$1.35
Sheridan Forest ApartmentsSheridan Forest Spacious 2 Bedroom Apartment Home2BR,1.5BA$1.32
Bramblewood Apartments2 Bedroom2BR,1BA$1.34

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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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!

Explore Magnolia, NC Rentals by Map

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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 $775 at Kinston Village Apartments.

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 $875 at Kinston Village Apartments.

What is the most affordable Magnolia Three Bedroom Apartment?

The best deal on a cheap Magnolia Three Bedroom Apartment rental is at Cuyler Best Apartments and starts from $1,300.

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

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

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.

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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.

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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.

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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.