Cheap Apartments for Rent in the Magnolia Neighborhood of New Orleans, LA from $400 (52 Rentals)

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

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.

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property at 925 Common St

$1,154 - $1,164

1 Bedroom Rentals

Available Apr 29

925 Common St

New OrleansLA70112

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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property at 2615 S Johnson St

$1,350

Total Monthly Price

Total Monthly Price

Base Rent
$1,350
Total Monthly Price
$1,350

2 Bedroom, 1 Bath Home for Rent

Available Now

2615 S Johnson St

New OrleansLA70125

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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Flint Goodridge
Studio to 2 Bedroom Apartments

Flint Goodridge

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

3615 St Charles Ave

3615 St Charles AveNew Orleans, LA 70115
  • Utilities Included
property at 1566 Annunciation St

$800

Total Monthly Price

Total Monthly Price

Base Rent
$800
Total Monthly Price
$800

Studio, 1 Bath Condo for Rent

Available Now

1566 Annunciation St, Unit 3, Unit 3

1566 Annunciation St
New OrleansLA70115
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Forest Park
1 Bedroom Apartments

Forest Park

2309-2311 6th StNew Orleans, LA 70113
  • Utilities Included
property at 1566 Annunciation St

$950

Total Monthly Price

Total Monthly Price

Base Rent
$950
Total Monthly Price
$950

1 Bedroom, 1 Bath Home for Rent

Available Now

1566 Annunciation St

New OrleansLA70115
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River Garden Elderly
1 Bedroom Apartments

River Garden Elderly

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

1711 Second St

1711 Second StNew Orleans, LA 70113

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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property at 2100 Philip St

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100
Total Monthly Price
$1,100

1 Bedroom, 1 Bath Home for Rent

Available Now

2100 Philip St

New OrleansLA70113
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803 Felicity St
1 to 2 Bedroom Apartments

803 Felicity St

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

Moss-Bauer

703 Carondelet StNew Orleans, LA 70130
property at 1205 St Charles Ave

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200
Total Monthly Price
$1,200

Studio, 1 Bath Condo for Rent

Available Now

1205 St Charles Ave, Unit 606, Unit 606

1205 St Charles Ave
New OrleansLA70130

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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Showing Results 1-50, Page 1 of 2

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 200 Carondelet priced from $427. 1300 OCH at H3C Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $934. Here are the most affordable Magnolia apartments for rent in New Orleans, LA:

Apartment ListingModel NameBed/BathPriced From
200 Carondelet1x1-c1g-tc301BR,1BA$427
1300 OCH at H3C ApartmentsA11BR,1BA$934
The GeorgianStudioStudio,1BA$1,146
Moss-Bauer1x11BR,1BA$1,200
Jackson Avenue Building1/11BR,1BA$1,200
Hibernia Tower Apartments1 Bedroom1BR,1BA$1,272
925 CommonThe HarmonyStudio,1BA$1,351
Harmony Oaks1 Bdrm Garden, 696 SqFt, Market,1BR,1BA$1,432
The Strand Apartments1 Bedroom Apartment1BR,1BA$1,445

Best Value Apartments for Rent in Magnolia, LA

As of April 29, 2026 the best value apartment in the Magnolia area is the $2.08 price per square foot 4422 Carondelet Street Model at 4422 Carondelet Street in the in the West Riverside neighborhood starting from $2,500. The second greatest value Magnolia apartment is the 2 Bedroom Apartment Model at Gravier Place Apartments starting at $1,920 with a $1.65 price per square foot in the Vieux Carre 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.
4422 Carondelet Street4422 Carondelet Street2BR,2.5BA$2.08
Gravier Place Apartments2 Bedroom Apartment2BR,2BA$1.65
River Garden on St. Andrew2 Bedroom Apartments2BR,2BA$1.63
The Pythian Apartments2 Bedroom 1 Bath2BR,1BA$1.90
Marrero Commons2 Bdrm Townhome, 988 SqFt, Market,2BR,1.5BA$1.47
Moss-Bauer1x11BR,1BA$1.60
930 Poydras1 bedroom1BR,1BA$2.03
Jackson Avenue Building1/11BR,1BA$1.71
Harmony Oaks1 Bdrm Garden, 696 SqFt, Market,1BR,1BA$2.06
200 CarondeletStudio-csc-mktStudio ,1BA$2.08

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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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

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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 the Cheapest Studio apartment in Magnolia?

Currently the most affordable Cheap Studio Apartment in Magnolia is at 200 Carondelet listed at $875.

How much is rent for a Cheap One Bedroom Magnolia Apartment?

The lowest price for a Cheap One Bedroom Magnolia Apartment is $427 at 200 Carondelet.

What is the lowest price for a Cheap Two Bedroom Magnolia Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Magnolia is starting from $1,115 at 1300 OCH at H3C Apartments.

What is the most affordable Magnolia Three Bedroom Apartment?

The best deal on a cheap Magnolia Three Bedroom Apartment rental is at Marrero Commons and starts from $1,273.

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

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

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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.