
Cheap Apartments for Rent in the Magnolia Neighborhood of New Orleans, LA from $400 (45 Rentals)
Search the lowest-cost Apartments available for rent right now in the Magnolia area of New Orleans.


King Rampart Senior Living (Ages 55+ ONLY)

3233 Loyola Ave

2534 Marengo St

Harmony Oaks Apartments

Belle Reve at H3C -Senior 55+

1300 OCH at H3C Apartments

Total Monthly Price
4122 S Johnson St, Unit 4122 -A S. Johnson st.

2309 Baronne St
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.

925 Common St

River Garden on Felicity

925 Common St

1016 Canal St

1016 Canal St

The Georgian

925 Common

Gravier Place Apartments

Marrero Commons Apartments
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.

2223-2225 St Andrew St

Hibernia Tower Apartments

2023 Coliseum St

The Muses Apartment Homes

1032 Fourth St

1028 Fourth St

2121-2131 Louisiana Ave

3020 General Taylor St

4119 Lasalle St
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.

Total Monthly Price
4119 Lasalle St, Unit Caldwell Estates

Total Monthly Price
2227 Brainard St, Unit A

The Dr.Everett and Melva Williams Building

Liberty Place Apartments

River Garden Historic Apartments

Flint Goodridge

3615 St Charles Ave

Taylor Park Apartments

Forest Park
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.

Liberty Park Apartments

River Garden Elderly

1711 Second St

1401 St. Andrew Apartments

803 Felicity

Moss-Bauer

Jackson Avenue Building

Saratoga Apartments

Thirteen15
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.
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 | $1,341 | $850 | $2,249 |
| Magnolia 1 Bedroom Apartments | $1,843 | $427 | $5,182 |
| Magnolia 2 Bedroom Apartments | $2,646 | $989 | $10,000+ |
| Magnolia 3 Bedroom Apartments | $2,756 | $1,242 | $6,000 |
| Magnolia 4 Bedroom Apartments | $3,081 | $1,370 | $6,083 |
Browse Apartments in this Neighborhood
There are currently 45 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 1 Bed unit found at 200 Carondelet priced from $427. Marrero Commons Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $932. Here are the most affordable Magnolia apartments for rent in New Orleans, LA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 200 Carondelet | 1x1-c1g-tc30 | 1BR,1BA | $427 |
| Marrero Commons Apartments | 1 Bedroom Tax Credit*** | 1BR,1BA | $932 |
| Harmony Oaks Apartments | 1 Bedroom Tax Credit*** | 1BR,1BA | $933 |
| 1300 OCH at H3C Apartments | A1 | 1BR,1BA | $934 |
| The Georgian | Studio | Studio,1BA | $1,155 |
| 925 Common | The Harmony | Studio,1BA | $1,195 |
| Moss-Bauer | 1x1 | 1BR,1BA | $1,200 |
| Jackson Avenue Building | 1/1 | 1BR,1BA | $1,250 |
| Hibernia Tower Apartments | 1 Bedroom | 1BR,1BA | $1,271 |
Best Value Apartments for Rent in Magnolia, LA
As of March 14, 2026 the best value apartment in the Magnolia area is the $1.21 price per square foot 2 Bedroom 2 Bath Model at The Pythian Apartments in the in the Vieux Carre neighborhood starting from $2,062. The second greatest value Magnolia apartment is the 3 Bedroom Apartment Model at Gravier Place Apartments starting at $2,396 with a $1.59 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Pythian Apartments | 2 Bedroom 2 Bath | 2BR,2BA | $1.21 |
| Gravier Place Apartments | 3 Bedroom Apartment | 3BR,3BA | $1.59 |
| 2439 Second St, Unit Don or Sharon | 2439 Second St | 3BR,1BA | $1.07 |
| Marrero Commons Apartments | 4 Bedroom Townhome | 4BR,3BA | $1.73 |
| 2227 Brainard St, Unit A | 2227 Brainard St | 1BR,1BA | $1.27 |
| River Garden on St. Andrew | 2 Bedroom Apartments | 2BR,2BA | $1.70 |
| Moss-Bauer | 1x1 | 1BR,1BA | $1.60 |
| 4122 S Johnson St, Unit 4122 -A S. Johnson st. | 4122 S Johnson St | 2BR,1BA | $1.43 |
| Jackson Avenue Building | 1/1 | 1BR,1BA | $1.79 |
| Hibernia Tower Apartments | 1 Bedroom | 1BR,1BA | $2.03 |
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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
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Read ArticleCash 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 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 #16
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 $1,271.
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 $7,984.
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 61 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 $855 which is $7,129 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.
Articles, How-To's, and Tips

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.

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.