Cheap Homes for Rent in Magnolia, TX from $700 (35 Rentals)

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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.

Magnolia, TX Local Guide

Cheapest Neighborhoods for Apartments in Magnolia, TX

Pricing Updated: 05/08/2026

Current apartment rentals in the Magnolia, TX area range in price from $955 to $15,289 with an overall median price of $3,534. The three Magnolia neighborhoods with the lowest median rent pricing are Lynwood at $1,424, Royal Oaks at $1,424, and Thousand Oaks at $1,424. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Magnolia Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Lynwood$2,100$1,42418
Royal Oaks$2,100$1,42418
Thousand Oaks$2,100$1,42418
Ascot Farms$2,148$966116
Lake Windcrest$2,148$96654
Forest Crossing$2,287$966189
Westwood North$2,287$966266
Woodlane Forest$2,287$966141
Skylight Timbers$2,600$2,5001
Woodlands$15,289$955290

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 $875. Retreat at Magnolia in the Sterling Ridge neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $966. Here is today’s list of the most affordable Magnolia apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Cobble CreekA1-R21BR,1BA$875
Retreat at MagnoliaA11BR,1BA$966
Evergreen at Sterling RidgeA31BR,1BA$980
Park at Spring CreekA21BR,1BA$999
Woodland PointA1R1BR,1BA$999
Park at Walkers Landing1 bedroom, 1 bathroom1BR,1BA$1,025
Creekside Park The ResidencesA0-ALT11BR,1BA$1,025
Park at MagnoliaA21BR,1BA$1,028
Town Creek Village ApartmentsA11BR,1BA$1,050

Best Value Apartments for Rent in Magnolia, TX

As of May 08, 2026 the best value apartment in the Magnolia area is the $1.27 price per square foot Weston Model at Logan Square in the in the Alden Bridge neighborhood starting from $2,400. The second greatest value Magnolia apartment is the Archer Model at The Collective at Bauer Landing starting at $1,747 with a $0.94 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 SquareWeston4BR,2.5BA$1.27
The Collective at Bauer LandingArcher3BR,2BA$0.94
Keystone TownhomesLegacy2BR,2.5BA$1.18
Crossings at Cherry Apartment HomesAspen Lower3BR,2BA$1.46
Tomball Ranch2 Beds 2 Baths2BR,2BA$1.39
Hickory HillD22BR,2BA$1.45
Oak Bend ApartmentsB 2x1.5 TH2BR,1.5BA$1.54
MarymontBrookhaven2BR,2BA$1.39
Woodland LandingsA11BR,1BA$1.27
Park at Walkers Landing1 bedroom, 1 bathroom1BR,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 #352

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 65 Apartments for Rent in Magnolia, TX with pricing that ranges from $335 to $3,185. There are also 270 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 $4,555.

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 $1,320 to $3,185, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,250 to $3,200. Four Bedroom Single-Family rentals are also available starting from $1,500 and Four Bedroom Apartments start at $1,750.

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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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.