Cheap Apartments for Rent in the Magnolia Neighborhood of New Orleans, LA from $400 (67 Rentals)

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

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property at 2621 1st St

$1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,500
Total Monthly Price
$1,500

2 Bedroom, 1 Bath Home for Rent

Available Now

2621 1st St, Unit Main

2621 1st St
New OrleansLA70113
property at 2311 Baronne St

$1,400 - $1,500

2 Bedroom Rentals

Available Now

2311 Baronne St

New OrleansLA70113

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

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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
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Forest Park
1 Bedroom Apartments

Forest Park

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

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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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 Studio unit found at 200 Carondelet priced from $950. The Georgian has the second lowest priced unit, which is a Studio apartment currently listed from $1,111. Here are the most affordable Magnolia apartments for rent in New Orleans, LA:

Apartment ListingModel NameBed/BathPriced From
200 CarondeletStudio-csc-mktStudio,1BA$950
The GeorgianStudioStudio,1BA$1,111
Hibernia Tower Apartments1 Bedroom1BR,1BA$1,267
Marrero Commons3 Bdrm Garden, 1168 SqFt, Tax Credit, 60% AMI3BR,2BA$1,273
925 CommonSYMPHONYStudio,1BA$1,325
Moss-Bauer1x11BR,1BA$1,350
The Strand Apartments1 Bedroom Apartment1BR,1BA$1,469
930 Poydras1 bedroom1BR,1BA$1,495
Four Winds1 Bed, 1 Bath - Inner Light Well1BR,1BA$1,515

Best Value Apartments for Rent in Magnolia, LA

As of July 28, 2026 the best value apartment in the Magnolia area is the $2.19 price per square foot Townhouse Model at 930 Poydras in the in the Vieux Carre neighborhood starting from $2,995. The second greatest value Magnolia apartment is the 4 Bdrm Townhome, 1350 SqFt, Market, Model at Marrero Commons starting at $2,337 with a $1.73 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.
930 PoydrasTownhouse2BR,2.5BA$2.19
Marrero Commons4 Bdrm Townhome, 1350 SqFt, Market,4BR,2.5BA$1.73
4422 Carondelet Street4422 Carondelet Street2BR,2.5BA$2.08
River Garden on St. Andrew2 Bedroom Apartments2BR,2BA$1.55
The Pythian Apartments2 Bedroom 1 Bath2BR,1BA$1.90
3424 Danneel St, Unit 34243424 Danneel St2BR,1BA$1.60
Hibernia Tower Apartments1 Bedroom1BR,1BA$1.56
Moss-Bauer1x11BR,1BA$1.80
Harmony Oaks1 Bdrm Garden, 645 SqFt, Market,1BR,2BA$2.22
200 CarondeletStudio-csc-mktStudio ,1BA$2.26

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

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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 #19

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 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 $1,515.

What is the price of a cheap apartment in Magnolia?

The cheapest apartment in Magnolia is Harmony Oaks which is listed at $933, while the average apartment in Magnolia costs $8,500.

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 14 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 $333 which is $8,167 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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