Cheap Homes for Rent in Magnolia, TX from $1,000 (60 Rentals)

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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: 06/25/2025

Current apartment rentals in the Magnolia, TX area range in price from $1,040 to $15,000 with an overall median price of $5,353. The three Magnolia neighborhoods with the lowest median rent pricing are Lake Windcrest at $1,950, Indigo Lake Estates at $1,575, and Lynwood at $2,750. 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$1,950$1,9501
Indigo Lake Estates$2,070$1,57515
Lynwood$2,750$2,7501
Thousand Oaks$2,750$2,7501
Woodlane Forest$2,800$1,70413
Glen Oaks$3,500$1,50016
Forest Crossing$3,587$1,35322
Westwood North$3,587$1,58137
Woodlands$4,750$1,040195
High Meadow Ranch$6,500$2,4503

Cheapest Available Magnolia Apartments for Rent

 

The cheapest available apartment rental in Magnolia, TX is a 2 Beds unit found at Tomball Senior Village in the Miramar Lake neighborhood priced from $634. Retreat at Magnolia in the Sterling Ridge neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $904. Here is today’s list of the most affordable Magnolia apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Tomball Senior Village2x22BR,2BA$634
Retreat at MagnoliaA11BR,1BA$904
Woodland LandingsA11BR,1BA$923
Park at MagnoliaA11BR,1BA$926
Cobble CreekA1-R21BR,1BA$930
MarymontParkview1BR,1BA$985
Park at Walkers Landing1 bedroom, 1 bathroom1BR,1BA$1,025
Villages of MagnoliaA11BR,1BA$1,041
Park at Spring CreekA31BR,1BA$1,049
Town Creek Village ApartmentsA11BR,1BA$1,130

Best Value Apartments for Rent in Magnolia, TX

As of June 26, 2025 the best value apartment in the Magnolia area is the $1.25 price per square foot Maple Model at Bauer Landing in the in the Northwest Houston neighborhood starting from $1,960. The second greatest value Magnolia apartment is the C1 Model at Woodland Landings starting at $1,682 with a $1.28 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.
Bauer LandingMaple3BR,2BA$1.25
Woodland LandingsC13BR,2BA$1.28
Keystone TownhomesAshall2BR,2.5BA$1.21
Whispering Pines RanchSumac2BR,2BA$1.41
Hickory HillD12BR,2BA$1.47
Bridgewater Apartments2H RENO2BR,1BA$1.52
Tomball Senior Village2x22BR,2BA$0.74
Retreat at MagnoliaA21BR,1BA$1.49
Park at Walkers Landing1 bedroom, 1 bathroom1BR,1BA$1.47
Park at MagnoliaA11BR,1BA$1.52

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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Frequently Asked Questions about Magnolia

What type of rentals are currently available in Magnolia?

There are currently 57 Apartments for Rent in Magnolia, TX with pricing that ranges from $531 to $6,024. There are also 253 Single Family Homes for rent, Condos, and Townhome rentals currently available in Magnolia ranging from $1,079 to $15,000.

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 $1,079 to $15,000 with an average monthly rent of $3,702.

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 $1,210 to $6,024, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,427 to $3,550. Four Bedroom Single-Family rentals are also available starting from $1,300 and Four Bedroom Apartments start at $1,790.

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.