Cheap Homes for Rent in Magnolia, TX from $700 (72 Rentals)

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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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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 Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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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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Magnolia, TX Local Guide

Cheapest Neighborhoods for Apartments in Magnolia, TX

Pricing Updated: 01/28/2026

Current apartment rentals in the Magnolia, TX area range in price from $800 to $17,200 with an overall median price of $5,936. The three Magnolia neighborhoods with the lowest median rent pricing are Lake Windcrest at $1,650, Indigo Lake Estates at $1,549, and Forest Crossing at $1,395. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Magnolia Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Lake Windcrest$1,800$1,65010
Indigo Lake Estates$2,112$1,54925
Forest Crossing$2,215$1,39516
Westwood North$2,250$1,39525
Lynwood$2,375$1,8204
Woodlands$2,700$800182
Woodlane Forest$3,600$2,30010
Glen Oaks$5,500$1,67523
High Meadow Ranch$8,350$6,9502
Ascot Farms$17,200$1,73548

Cheapest Available Magnolia Apartments for Rent

 

The cheapest available apartment rental in Magnolia, TX is a 1 Bed unit found at Cobble Creek in the Miramar Lake neighborhood priced from $795. Bridgewater Apartments in the Miramar Lake neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $849. Here is today’s list of the most affordable Magnolia apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Cobble CreekA1-R1BR,1BA$795
Bridgewater Apartments1B RENO1BR,1BA$849
Retreat at MagnoliaA11BR,1BA$871
Park at MagnoliaA11BR,1BA$879
MarymontParkview1BR,1BA$948
Evergreen at Sterling RidgeA21BR,1BA$949
Woodland LandingsA11BR,1BA$963
Woodland PointA1R1BR,1BA$969
Park at Spring CreekA21BR,1BA$999
Enclave at Woodland LakesA01BR,1BA$1,018

Best Value Apartments for Rent in Magnolia, TX

As of January 28, 2026 the best value apartment in the Magnolia area is the $1.25 price per square foot Oxford Model at Logan Square in the in the Forest Crossing neighborhood starting from $2,165. The second greatest value Magnolia apartment is the Archer Model at The Collective at Bauer Landing starting at $1,910 with a $1.41 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.
Logan SquareOxford3BR,2.5BA$1.25
The Collective at Bauer LandingArcher3BR,2BA$1.41
Woodland LandingsC13BR,2BA$1.39
Keystone TownhomesAshall2BR,2.5BA$1.21
Tomball Ranch2 Beds 2 Baths2BR,2BA$1.49
Oak Bend ApartmentsB 2x1.5 TH2BR,1.5BA$1.32
Park at MagnoliaA21BR,1BA$1.49
Park at Walkers Landing1 bedroom, 1 bathroom1BR,1BA$1.47
Bridgewater Apartments2D Classic2BR,1BA$1.41
Retreat at MagnoliaA11BR,1BA$1.43

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

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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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, TX

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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 Magnolia

What type of rentals are currently available in Magnolia?

There are currently 61 Apartments for Rent in Magnolia, TX with pricing that ranges from $335 to $3,080. There are also 326 Single Family Homes for rent, Condos, and Townhome rentals currently available in Magnolia ranging from $700 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 $700 to $17,200 with an average monthly rent of $3,987.

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 $1,184 to $3,080, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,395 to $3,400. Four Bedroom Single-Family rentals are also available starting from $1,550 and Four Bedroom Apartments start at $1,746.

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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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.