Cheap Apartments for Rent in Magnolia, TX from $335 (69 Rentals)

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

property at 31449 Wisteria Rd
$975 - $995

Total Monthly Price

Base Rent$975 - $995

Total Monthly Price$975 - $995
1 Bedroom, 1 Bath Home for Rent
Available Sep 15
Affordability

31449 Wisteria Rd

MagnoliaTX77355
property at 31363 Wisteria Rd
$1,200

Total Monthly Price

Base Rent$1,200

Total Monthly Price$1,200
3 Bedroom, 2 Bath Home for Rent
Available Oct 15
Furnished

31363 Wisteria Rd

MagnoliaTX77355

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.

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Alexan Magnolia
Rent Specials
$1,204 - $1,842

Total Monthly Price

Base Rent$1,204 - $1,842

Total Monthly PriceVaries
1 to 2 Bedroom Apartments Available Now

Alexan Magnolia

4255 Magnolia Village DrMagnolia, TX 77354
Luxury
  • Verified
  • Customer Reviewed
  • 3D Tour
property at 29980 FM2978
$1,169 - $2,454
1 To 4 Bedroom Rentals
Available Now
Affordability

29980 FM2978

MagnoliaTX77354

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.

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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
property at 33200 Forest W St
$1,471 - $2,530
1 To 3 Bedroom Rentals
Available Now
Affordability

33200 Forest W St

MagnoliaTX77354

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.

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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Marymont
$1,039 - $1,370

Total Monthly Price

Base Rent$1,039 - $1,370

Total Monthly PriceVaries
1 to 3 Bedroom Apartments Available Now

Marymont

1515 Rudel RdTomball, TX 77375
Affordability
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  • Customer Reviewed
  • 3D Tour
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Evergreen at Sterling Ridge
Rent Specials
$1,132 - $3,436

Total Monthly Price

Base Rent$1,132 - $3,436

Total Monthly Price$1,132 - $3,436
1 to 3 Bedroom Apartments Available Now

Evergreen at Sterling Ridge

10851 W Montfair BlvdThe Woodlands, TX 77382
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

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

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Written By:
Staff Writer
Local Guide Expert

Cheapest Neighborhoods for Apartments in Magnolia, TX

Pricing Updated: 09/05/2026

Current 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:

NeighborhoodMedian PriceMin PriceAvailable Units
Lake Windcrest$1,205$95570
Royal Oaks$1,380$1,20418
Thousand Oaks$1,380$1,20418
Ascot Farms$1,445$95598
Woodlands$1,537$830268
Forest Crossing$1,544$955167
Westwood North$1,575$955232
Woodlane Forest$1,575$955146
Lynwood$1,708$1,20458

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 ListingModel NameBed/BathPriced From
Park at Spring CreekA31BR,1BA$897
Cobble CreekA1-R21BR,1BA$900
Bridgewater1A RENO1BR,1BA$954
Retreat at MagnoliaA11BR,1BA$958
Villages of MagnoliaE1Studio,1BA$960
Woodland LandingsA11BR,1BA$981
Park at MagnoliaA11BR,1BA$998
Hickory HillA21BR,1BA$1,080
Town Creek Village ApartmentsA21BR,1BA$1,095
Woodland PointA2R1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Sydneys ParkThe Penny3BR,2BA$1.55
The Collective at Bauer LandingArcher3BR,2BA$1.56
Woodland LandingsC13BR,2BA$1.29
Enclave at Woodland LakesB22BR,2BA$1.53
Crossings at Cherry Apartment HomesAspen Upper3BR,2BA$1.47
Park at Walkers Landing2 bedroom, 2 bathroom2BR,2BA$1.27
Tomball Ranch2 Beds 2 Baths2BR,2BA$1.36
Park at Spring CreekB22BR,2BA$1.30
MarymontBrookhaven2BR,2BA$1.43
Park at MagnoliaA11BR,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.

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Navigating 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.

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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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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.

Pet Friendly Lifestyle
Magnolia, TX

Ranked #392

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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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

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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.

decorative image for Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My! article

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.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags   article

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.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

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.