
Cheap Apartments for Rent in the Magnolia Neighborhood of New Orleans, LA from $309 (63 Rentals)
Search the lowest-cost Apartments available for rent right now in the Magnolia area of New Orleans.


2420 Martin Luther King Jr Blvd

King Rampart Senior Living (Ages 55+ ONLY)

2519 Washington Ave, Unit Apt. C

Total Monthly Price
4122 S Johnson St, Unit 4120 S. Johnson st.apt101

1300 OCH at H3C Apartments

Belle Reve at H3C -Senior 55+

Total Monthly Price
2719 S Liberty St, Unit 2719 S Liberty St

3705-3707 Delachaise St

Total Monthly Price
3820 3rd St, Unit 1B
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2015 Coliseum St, Unit D

River Garden on Felicity

Marrero Commons

2309 Baronne St

Gravier Place Apartments

3320 Delachaise St

3313 Baronne St

2515 Erato St, Unit 104

1933 Washington Ave, Unit 201A

3314 Carondelet St
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The Georgian

2528 Martin Luther King Jr Blvd

The Muses Apartment Homes

3204 Second St

Total Monthly Price
2930 Louisiana Ave, Unit C

1127 Saint Andrew St

2121-2131 Louisiana Ave

925 Common

The Strand Apartments

2606-2608 Danneel St
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2612 Danneel St

Total Monthly Price
4119 Lasalle St, Unit Caldwell Estates

4119 Lasalle St, Unit 4119 Lasalle Street New Orleans Louisiana

2723 2nd St

200 Carondelet

The Dr.Everett and Melva Williams Building

Liberty Place Apartments

River Garden Historic Apartments

Flint Goodridge

3615 St Charles Ave
New Orleans's Best Affordable Neighborhoods
Learn about New Orleans and the best places to live with original content written by our Minneapolis, MN Local Expert Melissa Maxwell

Taylor Park Apartments

Forest Park

1566 Annunciation St, Unit 4

1564 Annunciation St, Unit 2

Liberty Park Apartments

2711 Third St

River Garden Elderly

2013 S Liberty Rd

1401 St. Andrew Apartments

1711 Second St
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Magnolia, New Orleans, LA Local Guide

How much does it cost to rent an apartment in Magnolia?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Magnolia Studio Apartments | $1,429 | $1,104 | $1,942 |
| Magnolia 1 Bedroom Apartments | $1,715 | $831 | $3,341 |
| Magnolia 2 Bedroom Apartments | $2,576 | $925 | $10,000+ |
| Magnolia 3 Bedroom Apartments | $2,043 | $1,213 | $5,943 |
| Magnolia 4 Bedroom Apartments | $1,700 | $309 | $2,337 |
Browse Apartments in this Neighborhood
There are currently 63 rentals with your search options within a 1 mile radius of the Magnolia Neighborhood of New Orleans, LA.
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Magnolia, New Orleans, LA Local Guide
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Cheapest Available Magnolia Apartments for Rent
 The cheapest available apartment rental in the Magnolia area of New Orleans, LA is a 4 Beds unit found at Harmony Oaks priced from $309. 200 Carondelet has the second lowest priced unit, which is a 1 Bed apartment currently listed from $427. Here are the most affordable Magnolia apartments for rent in New Orleans, LA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Harmony Oaks | 4 Bdrm Townhome, 1360 SqFt, Tax Credit, 20% AMI | 4BR,2BA | $309 |
| 200 Carondelet | 1x1-c1i-tc30 | 1BR,1BA | $427 |
| Marrero Commons | 2 Bdrm Townhome, 984 SqFt, Tax Credit, 60% AMI | 2BR,1BA | $1,063 |
| The Georgian | Studio | Studio,1BA | $1,104 |
| Moss-Bauer | 1x1 | 1BR,1BA | $1,350 |
| The Strand Apartments | 1 Bedroom Apartment | 1BR,1BA | $1,394 |
Best Value Apartments for Rent in Magnolia, LA
As of September 11, 2026 the best value apartment in the Magnolia area is the $1.27 price per square foot 3 Bedroom Apartment Model at Gravier Place Apartments in the in the Vieux Carre neighborhood starting from $1,910. The second greatest value Magnolia apartment is the 2526 Martin Luther King Jr Blvd Model at 2526 Martin Luther King Jr Blvd, Unit 3 bedroom and 2 bath. starting at $2,000 with a $1.54 price per square foot in the St Thomas neighborhood. Here is today’s list of the best values for Magnolia apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Gravier Place Apartments | 3 Bedroom Apartment | 3BR,3BA | $1.27 |
| 2526 Martin Luther King Jr Blvd, Unit 3 bedroom and 2 bath. | 2526 Martin Luther King Jr Blvd | 3BR,2BA | $1.54 |
| 4200 S Derbigny St, Unit 4200 | 4200 S Derbigny St | 3BR,2BA | $1.31 |
| Marrero Commons | 3 Bdrm Townhome, 1126 SqFt, Market, | 3BR,1.5BA | $1.39 |
| The Pythian Apartments | 2 Bedroom 1 Bath | 2BR,1BA | $1.90 |
| Hibernia Tower Apartments | 1 Bedroom | 1BR,1BA | $1.68 |
| Moss-Bauer | 1x1 | 1BR,1BA | $1.80 |
| 3820 3rd St, Unit 1B | 3820 3rd St | 2BR,1BA | $1.43 |
| 4122 S Johnson St, Unit 4120 S. Johnson st.apt101 | 4122 S Johnson St | 2BR,1BA | $1.32 |
| 2719 S Liberty St, Unit 2719 S Liberty St | 2719 S Liberty St | 1BR,1BA | $1.53 |
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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Read ArticleReal 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.
Read ArticleQuick 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.
Pet Friendly LifestyleMagnolia, New Orleans, LA
Ranked #17
Among cities in Louisiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
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 $1,394.
What is the price of a cheap apartment in Magnolia?
The cheapest apartment in Magnolia is 200 Carondelet which is listed at $427, while the average apartment in Magnolia costs $1,720.
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 22 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 $569 which is $1,151 cheaper than the average rent for all rentals in Magnolia.
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.
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