
Cheap Apartments for Rent in Magnolia, TX from $335 (69 Rentals)
Search the lowest-cost Apartments available for rent right now in Magnolia.


Retreat at Magnolia

Villages of Magnolia

31449 Wisteria Rd

Woodland Landings

Park at Magnolia

Park at Walkers Landing

Woodland Point

811 Cloyd Dr, Unit 416

31363 Wisteria Rd
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Total Monthly Price
Alexan Magnolia

Alders Magnolia 55+ Active Adult Apartments

Rasha at Audubon

25261 Dickens Dr

22071 Ellison Dr

503 Mesquite Dr

23075 Bellini Dr

29980 FM2978

27130 Leonardo Dr

15906 Long Neck
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Victoria Village MHP

23806 Brushy Woods St

Grand Oaks MHC

Grand Oaks Homes

18630 N Sugar Maple Cir

33200 Forest W St

27014 FM2978

30307 Turriff Cir

27115 Azalea Ct

23104 Shakespeare Dr
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

26768 Dobbin-Huffsmith Rd

26445 E Lazy Ln

33126 Cottonwood Bend

25494 Deepwood Dr

26427 Dobbin-Huffsmith Rd

9860 Grosbeak Ln

9760 Grosbeak Ln

913 Oak Mist Ln

9741 Grosbeak Ln

359 Bush Mdw Ln
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.

42906 O'Neal Ln

22835 Ephesus Ave

Total Monthly Price
Park at Spring Creek

22835 Ephesus Ave

Cobble Creek

Total Monthly Price
Marymont

Keystone Townhomes

Hickory Hill

Town Creek Village Apartments

Total Monthly Price
Evergreen at Sterling Ridge
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, TX Local Guide

How much does it cost to rent an apartment in Magnolia?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Magnolia Studio Apartments | $1,037 | $955 | $1,250 |
| Cheap Magnolia 1 Bedroom Apartments | $1,477 | $335 | $2,551 |
| Cheap Magnolia 2 Bedroom Apartments | $1,903 | $765 | $4,059 |
| Cheap Magnolia 3 Bedroom Apartments | $2,234 | $1,370 | $3,436 |
| Cheap Magnolia 4 Bedroom Apartments | $2,128 | $1,915 | $2,559 |
Browse Top Apartments in Magnolia
See all Apartments in MagnoliaExplore Magnolia
Magnolia, TX Local Guide

- Magnolia Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Neighborhoods for Apartments in Magnolia, TX
Pricing Updated: 09/05/2026Current apartment rentals in the Magnolia, TX area range in price from $830 to $18,264 with an overall median price of $1,525. The three Magnolia neighborhoods with the lowest median rent pricing are Lake Windcrest at $1,205, Royal Oaks at $1,380, and Thousand Oaks at $1,380. Here is today’s list of the top 9 neighborhoods with the lowest median pricing for Magnolia Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Lake Windcrest | $1,205 | $955 | 70 |
| Royal Oaks | $1,380 | $1,204 | 18 |
| Thousand Oaks | $1,380 | $1,204 | 18 |
| Ascot Farms | $1,445 | $955 | 98 |
| Woodlands | $1,537 | $830 | 268 |
| Forest Crossing | $1,544 | $955 | 167 |
| Westwood North | $1,575 | $955 | 232 |
| Woodlane Forest | $1,575 | $955 | 146 |
| Lynwood | $1,708 | $1,204 | 58 |
Cheapest Available Magnolia Apartments for Rent
 The cheapest available apartment rental in Magnolia, TX is a 1 Bed unit found at Park at Spring Creek in the Northpointe neighborhood priced from $897. Cobble Creek in the Miramar Lake neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $900. Here is today’s list of the most affordable Magnolia apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Park at Spring Creek | A3 | 1BR,1BA | $897 |
| Cobble Creek | A1-R2 | 1BR,1BA | $900 |
| Bridgewater | 1A RENO | 1BR,1BA | $954 |
| Retreat at Magnolia | A1 | 1BR,1BA | $958 |
| Villages of Magnolia | E1 | Studio,1BA | $960 |
| Woodland Landings | A1 | 1BR,1BA | $981 |
| Park at Magnolia | A1 | 1BR,1BA | $998 |
| Hickory Hill | A2 | 1BR,1BA | $1,080 |
| Town Creek Village Apartments | A2 | 1BR,1BA | $1,095 |
| Woodland Point | A2R | 1BR,1BA | $1,099 |
Best Value Apartments for Rent in Magnolia, TX
As of September 06, 2026 the best value apartment in the Magnolia area is the $1.55 price per square foot The Penny Model at Sydneys Park in the in the Miramar Lake neighborhood starting from $2,499. The second greatest value Magnolia apartment is the Archer Model at The Collective at Bauer Landing starting at $2,106 with a $1.56 price per square foot in the Northwest Houston neighborhood. Here is today’s list of the best values for Magnolia apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Sydneys Park | The Penny | 3BR,2BA | $1.55 |
| The Collective at Bauer Landing | Archer | 3BR,2BA | $1.56 |
| Woodland Landings | C1 | 3BR,2BA | $1.29 |
| Enclave at Woodland Lakes | B2 | 2BR,2BA | $1.53 |
| Crossings at Cherry Apartment Homes | Aspen Upper | 3BR,2BA | $1.47 |
| Park at Walkers Landing | 2 bedroom, 2 bathroom | 2BR,2BA | $1.27 |
| Tomball Ranch | 2 Beds 2 Baths | 2BR,2BA | $1.36 |
| Park at Spring Creek | B2 | 2BR,2BA | $1.30 |
| Marymont | Brookhaven | 2BR,2BA | $1.43 |
| Park at Magnolia | A1 | 1BR,1BA | $1.55 |
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.
Read ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Read ArticleReal 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.
Read ArticleQuick 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.
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 LifestyleMagnolia, TX
Ranked #392
Among cities in Texas for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
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
See the most popular apartments and homes in Magnolia, TX
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 Villages of Magnolia listed at $960.
How much is rent for a Cheap One Bedroom Magnolia Apartment?
The lowest price for a Cheap One Bedroom Magnolia Apartment is $897 at Park at Spring 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 $992 at Park at Spring Creek.
What is the most affordable Magnolia Three Bedroom Apartment?
The best deal on a cheap Magnolia Three Bedroom Apartment rental is at Crossings at Cherry Apartment Homes and starts from $1,630.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.