Cheap Apartments for Rent in Magnolia, TX from $500 (22 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.

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

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Magnolia, TX Local Guide

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Local Guide Expert

Cheapest Neighborhoods for Apartments in Magnolia, TX

Pricing Updated: 07/31/2025

Current apartment rentals in the Magnolia, TX area range in price from $890 to $25,290 with an overall median price of $4,153. The three Magnolia neighborhoods with the lowest median rent pricing are Glen Oaks at $1,100, High Meadow Ranch at $1,100, and Ascot Farms at $926. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Magnolia Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Glen Oaks$1,100$1,1001
High Meadow Ranch$1,100$1,1001
Ascot Farms$2,171$92663
Lake Windcrest$2,171$92650
Woodlane Forest$2,171$92683
Lynwood$2,250$1,25010
Royal Oaks$2,250$1,2959
Thousand Oaks$2,250$1,25010
Forest Crossing$2,262$926111
Westwood North$2,672$1,17826

Cheapest Available Magnolia Apartments for Rent

 

The cheapest available apartment rental in Magnolia, TX is a 1 Bed unit found at Park at Magnolia in the Forest Crossing neighborhood priced from $929. Retreat at Magnolia in the Sterling Ridge neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $936. Here is today’s list of the most affordable Magnolia apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Park at MagnoliaA11BR,1BA$929
Retreat at MagnoliaA11BR,1BA$936
Cobble CreekA1-R21BR,1BA$950
Woodland LandingsA11BR,1BA$951
Villages of MagnoliaE1Studio,1BA$1,014

Best Value Apartments for Rent in Magnolia, TX

As of July 31, 2025 the best value apartment in the Magnolia area is the $1.03 price per square foot Jasper Model at Bauer Landing in the in the Northwest Houston neighborhood starting from $1,899. 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.
Bauer LandingJasper4BR,2BA$1.03
Keystone TownhomesAshall2BR,2.5BA$1.21
Crossings at CherryAspen Upper3BR,2BA$1.47
MarymontHighland3BR,2BA$1.13
Hickory HillD12BR,2BA$1.47
Woodland LandingsA11BR,1BA$1.15
Town Creek Village ApartmentsA11BR,1BA$1.48
Park at Walkers Landing1 bedroom, 1 bathroom1BR,1BA$1.47
Retreat at MagnoliaA11BR,1BA$1.54
Park at MagnoliaA11BR,1BA$1.53

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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 #273

Among cities in Texas for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Best Local Schools in
Magnolia, TX

School data provided by Great Schools

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

Explore Magnolia, TX Rentals by Map

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See the most popular apartments and homes in Magnolia, TX

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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

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

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 $929 at Park 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 $1,214 at Retreat at Magnolia.

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 $1,203.

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

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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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.