Cheap Apartments for Rent in the Magnolia Neighborhood of New Orleans, LA from $500 (50 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in the Magnolia area of New Orleans.

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.

Read Article

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.

Read Article

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.

Read Article
close
View Me
Flint Goodridge
Studio to 2 Bedroom Apartments

Flint Goodridge

2425 Louisiana AveNew Orleans, LA 70115
Senior Living
close
View Me
3615 St Charles Ave
1 Bedroom Apartments

3615 St Charles Ave

3615 St Charles AveNew Orleans, LA 70115
  • Utilities Included
close
View Me
Forest Park
1 Bedroom Apartments

Forest Park

2309-2311 6th StNew Orleans, LA 70113
  • Utilities Included

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.

Read Article
close
View Me
River Garden Elderly
1 Bedroom Apartments

River Garden Elderly

2017 Laurel St ParkNew Orleans, LA 70130
Senior Living
  • Utilities Included
close
View Me
1711 Second St
Studio to 1 Bedroom Apartments

1711 Second St

1711 Second StNew Orleans, LA 70113
close
View Me
803 Felicity
1 to 2 Bedroom Apartments

803 Felicity

803 Felicity StNew Orleans, LA 70130
close
View Me
Moss-Bauer
1 to 2 Bedroom Apartments

Moss-Bauer

703 Carondelet StNew Orleans, LA 70130
close
View Me
Saratoga Apartments
1 to 2 Bedroom Apartments

Saratoga Apartments

212 Loyola AveNew Orleans, LA 70112
  • Utilities Included
close
View Me
The California Building
Studio to 2 Bedroom Apartments

The California Building

1111 Tulane AveNew Orleans, LA 70112
  • Utilities Included
close
View Me
Thirteen15
Studio to 2 Bedroom Apartments

Thirteen15

1315 Gravier StNew Orleans, LA 70112
Student Housing

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.

Read Article
Showing Results 1-50, Page 1 of 1

Magnolia, New Orleans, LA Local Guide

Cheapest Available Magnolia Apartments for Rent

 

The cheapest available apartment rental in the Magnolia area of New Orleans, LA is a 1 Bed unit found at Marrero Commons Apartments priced from $932. Harmony Oaks Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $933. Here are the most affordable Magnolia apartments for rent in New Orleans, LA:

Apartment ListingModel NameBed/BathPriced From
Marrero Commons Apartments1 Bedroom Tax Credit***1BR,1BA$932
Harmony Oaks Apartments1 Bedroom Tax Credit***1BR,1BA$933
The GeorgianStudioStudio,1BA$1,042
The Pythian Apartments1 Bedroom1BR,1BA$1,068
Gravier Place Apartments1 Bedroom Apartment1BR,1BA$1,169
Moss-Bauer1x11BR,1BA$1,200
Hibernia Tower Apartments1 Bedroom1BR,1BA$1,295
925 CommonThe HarmonyStudio,1BA$1,325
The Strand Apartments1 Bedroom Apartment1BR,1BA$1,413

Best Value Apartments for Rent in Magnolia, LA

As of October 28, 2025 the best value apartment in the Magnolia area is the $1.05 price per square foot 2203 Louisiana Ave Model at 2203 Louisiana Ave, Unit 2203 in the in the West Riverside neighborhood starting from $1,675. The second greatest value Magnolia apartment is the 4300 S Johnson St Model at 4300 S Johnson St, Unit Upstairs Apartment starting at $1,750 with a $1.09 price per square foot in the Dixon 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.
2203 Louisiana Ave, Unit 22032203 Louisiana Ave3BR,1BA$1.05
4300 S Johnson St, Unit Upstairs Apartment4300 S Johnson St3BR,2BA$1.09
Marrero Commons Apartments4 Bedroom Townhome4BR,3BA$1.57
Hibernia Tower Apartments2 Bedroom2BR,2BA$1.68
Moss-Bauer2x22BR,2BA$1.60
The Strand Apartments2 Bedroom Apartment2BR,2BA$1.60
River Garden on St. Andrew2 Bedroom Apartments2BR,2BA$1.63
2413 1st St, Unit 24132413 1st St2BR,1BA$1.85
The Muses Apartment HomesModel 2A2BR,2BA$1.85
Gravier Place Apartments1 Bedroom Apartment1BR,1BA$1.90

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

Read Article
Decorative image

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.

Read Article
Decorative image

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.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Magnolia, New Orleans, LA

Ranked #16

Among cities in Louisiana for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals and neighborhoods across the USA, including Magnolia, New Orleans, and the greater New Orleans area. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including our Star Ratings to compare for the best outdoor access, luxury amenities, pet-friendly features, places to raise kids, proximity to transit, and more. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Magnolia Apartments

What is a cheap apartment in Magnolia?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Magnolia is under $1,413.

What is the price of a cheap apartment in Magnolia?

The cheapest apartment in Magnolia is Marrero Commons Apartments which is listed at $932, while the average apartment in Magnolia costs $18,959.

What types of apartments are the cheapest in Magnolia?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 29 regular apartments in Magnolia that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Magnolia?

Cheap apartments in Magnolia have an average cost of $617 which is $18,342 cheaper than the average rent for all rentals in Magnolia.

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.

decorative image for A Local Expert’s Top Budget-Friendly Neighborhoods to Rent in New Orleans article

A Local Expert’s Top Budget-Friendly Neighborhoods to Rent in New Orleans

Written by: Melissa Maxwell

New Orleans is known as The Big Easy, but it's not always easy on the wallet! It's a city built around attracting tourists, so naturally everything is going to be on the pricey side.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

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.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

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.