Cheap Homes for Rent in Magnolia, TX from $700 (46 Rentals)

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

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.

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.

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.

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.

property at 30822 W Lost Creek Blvd

$1,795

Total Monthly Price

Total Monthly Price

Base Rent
$1,795

Total Monthly Price
$1,795

3 Bedroom, 2 Bath Home for Rent

Available Now

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.

Magnolia, TX Local Guide

Cheapest Neighborhoods for Apartments in Magnolia, TX

Pricing Updated: 06/22/2026

Current apartment rentals in the Magnolia, TX area range in price from $890 to $17,200 with an overall median price of $5,396. The three Magnolia neighborhoods with the lowest median rent pricing are Indigo Lake Estates at $1,545, Lynwood at $1,899, and Clear Creek Forest at $2,250. 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$2,177$1,54511
Lynwood$2,200$1,8991
Clear Creek Forest$2,250$2,2501
Forest Crossing$2,375$1,59715
Westwood North$2,612$1,59725
Lake Windcrest$2,697$1,5005
Glen Oaks$2,799$1,20018
Woodlands$3,100$890149
Woodlane Forest$3,200$2,2009
High Meadow Ranch$6,950$2,0003

Cheapest Available Magnolia Apartments for Rent

 

The cheapest available apartment rental in Magnolia, TX is a 1 Bed unit found at Retreat at Magnolia in the Sterling Ridge neighborhood priced from $894. Park at Magnolia in the Forest Crossing neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $969. Here is today’s list of the most affordable Magnolia apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Retreat at MagnoliaA11BR,1BA$894
Park at MagnoliaA21BR,1BA$969
Evergreen at Sterling RidgeA31BR,1BA$980
Villages of MagnoliaA11BR,1BA$991
Cobble CreekA2-R1BR,1BA$995
Woodland PointA1R1BR,1BA$999
MarymontParkview1BR,1BA$1,001
Park at Spring CreekA21BR,1BA$1,003
The Terrace at Pine Lake CoveEFFStudio,1BA$1,070
Whispering Pines RanchCypress with Solarium1BR,1BA$1,092

Best Value Apartments for Rent in Magnolia, TX

As of June 22, 2026 the best value apartment in the Magnolia area is the $1.16 price per square foot Weston Model at Logan Square in the in the Forest Crossing neighborhood starting from $2,195. The second greatest value Magnolia apartment is the C1 Model at Woodland Landings starting at $1,756 with a $1.34 price per square foot in the Forest Crossing 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.
Logan SquareWeston4BR,2.5BA$1.16
Woodland LandingsC13BR,2BA$1.34
Keystone TownhomesAshall2BR,2.5BA$1.21
Park at Walkers Landing2 bedroom, 2 bathroom2BR,2BA$1.27
Tomball Ranch2 Beds 2 Baths2BR,2BA$1.39
Enclave at Woodland LakesA31BR,1BA$1.41
Oak Bend ApartmentsA 2x12BR,1BA$1.58
Town Creek Village ApartmentsA21BR,1BA$1.48
Park at Spring CreekA21BR,1BA$1.57
Retreat at MagnoliaA11BR,1BA$1.47

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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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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Pet Friendly Lifestyle
Magnolia, TX

Ranked #399

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!

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Frequently Asked Questions about Magnolia

What type of rentals are currently available in Magnolia?

There are currently 64 Apartments for Rent in Magnolia, TX with pricing that ranges from $335 to $4,065. There are also 242 Single Family Homes for rent, Condos, and Townhome rentals currently available in Magnolia ranging from $780 to $17,200.

What is the current price range for Rental Homes in Magnolia?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Magnolia ranges from $780 to $17,200 with an average monthly rent of $4,046.

How much are larger Three and Four Bedroom Rentals in Magnolia?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Magnolia range from $1,369 to $4,065, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,495 to $3,100. Four Bedroom Single-Family rentals are also available starting from $1,500 and Four Bedroom Apartments start at $1,790.

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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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.