Cheap Apartments for Rent in Magnolia, TX from $500 (27 Rentals)

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

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
property at 30000 FM2978

30000 FM2978

MagnoliaTX77354
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Grand Oaks MHC
2 to 4 Bedroom Apartments

Grand Oaks MHC

30410 Valley Oaks DrMagnolia, 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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

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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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Tomball Senior Village
1 to 2 Bedroom Apartments

Tomball Senior Village

14101 Medical Complex DrTomball, TX 77375
Senior Living
  • Utilities Included
Showing Results 1-27, Page 1 of 1

Magnolia, TX Local Guide

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Written By:
Staff Writer
Local Guide Expert

Cheapest Neighborhoods for Apartments in Magnolia, TX

Pricing Updated: 09/14/2025

Current apartment rentals in the Magnolia, TX area range in price from $958 to $7,500 with an overall median price of $2,966. The three Magnolia neighborhoods with the lowest median rent pricing are Indigo Lake Estates at $1,645, Forest Crossing at $1,353, and Lynwood at $2,145. Here is today’s list of the top 9 neighborhoods with the lowest median pricing for Magnolia Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Indigo Lake Estates$2,190$1,64510
Forest Crossing$2,200$1,35310
Lynwood$2,200$2,1453
Westwood North$2,200$1,50027
Ascot Farms$2,315$95813
Glen Oaks$2,574$2,4653
Woodlane Forest$2,728$1,7043
Skylight Timbers$4,700$1,8497
Woodlands$5,595$1,00557

Cheapest Available Magnolia Apartments for Rent

 

The cheapest available apartment rental in Magnolia, TX is a 1 Bed unit found at Woodland Point in the Alden Bridge neighborhood priced from $969. Villages of Magnolia in the Sterling Ridge neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $972. Here is today’s list of the most affordable Magnolia apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Woodland PointA1R1BR,1BA$969
Villages of MagnoliaA11BR,1BA$972
Retreat at MagnoliaA21BR,1BA$975
MarymontParkview1BR,1BA$991
The Preserve at Spring CreekA1/ A1A1BR,1BA$996
Park at MagnoliaA11BR,1BA$1,007
Park at Walkers Landing1 bedroom, 1 bathroom1BR,1BA$1,025
Cobble CreekA1-R1BR,1BA$1,050
Park at Spring CreekA2L1BR,1BA$1,075
Oak Bend ApartmentsA 2x12BR,1BA$1,100

Best Value Apartments for Rent in Magnolia, TX

As of September 15, 2025 the best value apartment in the Magnolia area is the $1.59 price per square foot The Sapphire Model at Sydneys Park in the in the Miramar Lake neighborhood starting from $2,399. The second greatest value Magnolia apartment is the Archer Model at The Collective at Bauer Landing starting at $1,895 with a $1.40 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 Sapphire3BR,2BA$1.59
The Collective at Bauer LandingArcher3BR,2BA$1.40
Woodland LandingsB12BR,2BA$1.23
Dogwood Townhomes2/2 1,123 SF2BR,2BA$1.42
Keystone Townhomes2 Bedroom, 2 Bathroom2BR,2BA$1.37
Hickory HillD12BR,2BA$1.47
Oak Bend ApartmentsB 2x1.5 TH2BR,1.5BA$1.32
Bridgewater Apartments2E RENO2BR,1BA$1.56
Park at Walkers Landing1 bedroom, 1 bathroom1BR,1BA$1.47
The Preserve at Spring CreekA1/ A1A1BR,1BA$1.44

Quick Rent Budget Calculator

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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 #314

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

What is the Cheapest Studio apartment in Magnolia?

Currently the most affordable Cheap Studio Apartment in Magnolia is at Villages of Magnolia listed at $974.

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

The lowest price for a Cheap One Bedroom Magnolia Apartment is $969 at Woodland Point.

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 $1,100 at Oak Bend Apartments.

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 $1,424.

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 Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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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.