Cheap Apartments for Rent in Magnolia, TX from $500 (20 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

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Woodland Point
1 to 3 Bedroom Apartments

Woodland Point

10333 Research Forest DrMagnolia, TX 77354
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Grand Oaks MHC
2 Bedroom Apartments

Grand Oaks MHC

30410 Valley Oaks DrMagnolia, TX 77355

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, TX Local Guide

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Local Guide Expert

Cheapest Neighborhoods for Apartments in Magnolia, TX

Pricing Updated: 06/29/2025

Current apartment rentals in the Magnolia, TX area range in price from $900 to $15,000 with an overall median price of $5,308. The three Magnolia neighborhoods with the lowest median rent pricing are Lake Windcrest at $1,950, Indigo Lake Estates at $1,555, and Lynwood at $2,270. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Magnolia Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Lake Windcrest$1,965$1,9502
Indigo Lake Estates$2,400$1,55535
Lynwood$2,510$2,2702
Woodlane Forest$2,725$1,70412
Thousand Oaks$2,750$2,7501
Forest Crossing$3,200$1,35331
Westwood North$3,200$1,58145
Woodlands$4,200$900220
Glen Oaks$4,249$1,50019
High Meadow Ranch$6,500$2,4503

Cheapest Available Magnolia Apartments for Rent

 

The cheapest available apartment rental in Magnolia, TX is a 2 Beds unit found at Tomball Senior Village in the Miramar Lake neighborhood priced from $634. Retreat at Magnolia in the Sterling Ridge neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $883. Here is today’s list of the most affordable Magnolia apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Tomball Senior Village2x22BR,2BA$634
Retreat at MagnoliaA11BR,1BA$883
MarymontParkview1BR,1BA$885
Park at MagnoliaA11BR,1BA$929
Woodland LandingsA11BR,1BA$992

Best Value Apartments for Rent in Magnolia, TX

As of June 29, 2025 the best value apartment in the Magnolia area is the $1.21 price per square foot Maple Model at Bauer Landing in the in the Northwest Houston neighborhood starting from $1,899. The second greatest value Magnolia apartment is the Sumac Model at Whispering Pines Ranch starting at $1,482 with a $1.43 price per square foot in the Cochran's Crossing neighborhood. 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.
Bauer LandingMaple3BR,2BA$1.21
Whispering Pines RanchSumac2BR,2BA$1.43
Hickory HillD12BR,2BA$1.47
Bridgewater Apartments2H RENO2BR,1BA$1.52
Tomball Senior Village2x22BR,2BA$0.74
Woodland LandingsA11BR,1BA$1.12
Retreat at MagnoliaA21BR,1BA$1.49
Park at Walkers Landing1 bedroom, 1 bathroom1BR,1BA$1.47
MarymontParkview1BR,1BA$1.45
Park at MagnoliaA11BR,1BA$1.52

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Magnolia Overview

Magnolia is a vibrant city located in southwestern Montgomery County, Texas. The quality of life in Magnolia makes it an easy choice for empty nesters, families and business executives alike. Here lush pine forests and peaceful pastures co-exist in harmony with the businesses and entrepreneurial ventures.

Why live in Magnolia, TX?

Do you like the Texas Renaissance Festivals? There is one that occurs every year in Magnolia and lasts about 6 weekends. Although Magnolia is not on any major highway, it is close to U.S Highway 290 an easy way to get into Houston. Magnolia prides itself on being a green city as it has plenty of trees mostly pines. The area is humid and hot during summer, but the pine trees always offer ample shade especially if you get a nice property. It is far enough from the coast, which gives you enough cover from the monster hurricanes. All these niceties are a clear indication why Scenic Texas awarded Recognized Scenic City Certification to Magnolia.

Pet Friendly Lifestyle
Magnolia, TX

Ranked #300

Among cities in Texas for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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

Explore Magnolia, TX Rentals by Map

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Getting Around Magnolia, TX

Walk Score®

25 / 100

Car-Dependent

Most errands require a car

Bike Score®

33 / 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 $883 at Retreat at Magnolia.

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 $634 at Tomball Senior Village.

What is the most affordable Magnolia Three Bedroom Apartment?

The best deal on a cheap Magnolia Three Bedroom Apartment rental is at Marymont and starts from $1,250.

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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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.