Cheap Apartments for Rent in Magnolia, TX from $300 (78 Rentals)

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

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Alexan Magnolia
Rent Specials
$1,324 - $2,052
Total Monthly Price

Total Monthly Price

Base Rent
$1,324 - $2,052
Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Alexan Magnolia

4255 Magnolia Village DrMagnolia, TX 77354
Luxury
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property at 29980 FM2978

$1,243 - $2,801

1 To 4 Bedroom Rentals

Available Now

29980 FM2978

MagnoliaTX77354

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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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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Woodland Point
1 to 3 Bedroom Apartments

Woodland Point

10333 Research Forest DrMagnolia, TX 77354
Corporate Housing
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Grand Oaks MHC
2 to 4 Bedroom Apartments

Grand Oaks MHC

30410 Valley Oaks DrMagnolia, TX 77355
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Grand Oaks Homes
2 to 4 Bedroom Apartments

Grand Oaks Homes

18823 Grand Oaks BlvdMagnolia, TX 77355

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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property at 31029 Sweetbriar Ln

$1,450

Total Monthly Price

Total Monthly Price

Base Rent
$1,450
Total Monthly Price
$1,450

3 Bedroom, 2 Bath Home for Rent

Available Now

31029 Sweetbriar Ln

MagnoliaTX77354

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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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.

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Showing Results 1-50, Page 1 of 2

Magnolia, TX Local Guide

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Staff Writer
Local Guide Expert

Cheapest Neighborhoods for Apartments in Magnolia, TX

Pricing Updated: 04/23/2026

Current apartment rentals in the Magnolia, TX area range in price from $890 to $17,200 with an overall median price of $5,950. The three Magnolia neighborhoods with the lowest median rent pricing are Indigo Lake Estates at $1,505, Forest Crossing at $1,569, and Westwood North at $1,569. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Magnolia Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Indigo Lake Estates$2,130$1,50513
Forest Crossing$2,275$1,56910
Westwood North$2,300$1,56919
Glen Oaks$2,400$1,20022
Lake Windcrest$2,500$1,6001
Woodlands$3,000$890146
Woodlane Forest$3,550$2,3009
High Meadow Ranch$6,950$1,2004
Ascot Farms$17,200$1,67523
Skylight Timbers$17,200$1,20053

Cheapest Available Magnolia Apartments for Rent

 

The cheapest available apartment rental in Magnolia, TX is a 1 Bed unit found at Cobble Creek in the Miramar Lake neighborhood priced from $815. Woodland Point in the Forest Crossing neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $880. Here is today’s list of the most affordable Magnolia apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Cobble CreekA1-R1BR,1BA$815
Woodland PointA2R1BR,1BA$880
Evergreen at Sterling RidgeA31BR,1BA$980
Park at Walkers Landing1 bedroom, 1 bathroom1BR,1BA$1,025
Retreat at MagnoliaA11BR,1BA$1,025
Park at Spring CreekA31BR,1BA$1,049
Park at MagnoliaA11BR,1BA$1,064
Villages of MagnoliaA11BR,1BA$1,066
Enclave at Woodland LakesA11BR,1BA$1,075

Best Value Apartments for Rent in Magnolia, TX

As of April 23, 2026 the best value apartment in the Magnolia area is the $1.22 price per square foot Archer Model at The Collective at Bauer Landing in the in the Northwest Houston neighborhood starting from $1,645. The second greatest value Magnolia apartment is the Ashall Model at Keystone Townhomes starting at $1,419 with a $1.21 price per square foot in the Miramar Lake 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.
The Collective at Bauer LandingArcher3BR,2BA$1.22
Keystone TownhomesAshall2BR,2.5BA$1.21
Crossings at Cherry Apartment HomesAspen Upper3BR,2BA$1.47
Tomball Ranch2 Beds 2 Baths2BR,2BA$1.39
Hickory HillD12BR,2BA$1.49
Oak Bend ApartmentsB 2x1.5 TH2BR,1.5BA$1.54
MarymontBrookhaven2BR,2BA$1.50
Woodland LandingsA11BR,1BA$1.34
Town Creek Village ApartmentsA21BR,1BA$1.55
Park at Walkers Landing1 bedroom, 1 bathroom1BR,1BA$1.47

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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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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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.

Best Local Schools in
Magnolia, TX

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

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Frequently Asked Questions about Cheap Magnolia Apartments

What is the Cheapest Studio apartment in Magnolia?

Currently the most affordable Cheap Studio Apartment in Magnolia is at Live at Pine Market listed at $1,150.

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

The lowest price for a Cheap One Bedroom Magnolia Apartment is $815 at Cobble Creek.

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 $1,225 at Bridgewater.

What is the most affordable Magnolia Three Bedroom Apartment?

The best deal on a cheap Magnolia Three Bedroom Apartment rental is at Park at Magnolia and starts from $1,583.

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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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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.