Cheap Apartments for Rent in the Magnolia Neighborhood of New Orleans, LA from $400 (58 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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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 2703 3rd St

$1,275

Total Monthly Price

Total Monthly Price

Base Rent
$1,275
Total Monthly Price
$1,275

1 Bedroom, 1 Bath Townhome for Rent

Available Now

2703 3rd St

New OrleansLA70113

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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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

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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River Garden Elderly
1 Bedroom Apartments

River Garden Elderly

2017 Laurel St ParkNew Orleans, LA 70130
Senior Living
  • Utilities Included
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2013 S Liberty Rd
1 to 2 Bedroom Apartments

2013 S Liberty Rd

2013 S Liberty RdNew Orleans, LA 70113
property at 2427 Peniston 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

2427 Peniston St

New OrleansLA70115
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1711 Second St
Studio to 1 Bedroom Apartments

1711 Second St

1711 Second StNew Orleans, LA 70113
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803 Felicity St
1 to 2 Bedroom Apartments

803 Felicity St

803 Felicity StNew Orleans, LA 70130

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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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 Studio unit found at 200 Carondelet priced from $875. 2013 S Liberty Rd has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,075. Here are the most affordable Magnolia apartments for rent in New Orleans, LA:

Apartment ListingModel NameBed/BathPriced From
200 CarondeletStudio-csc-mktStudio,1BA$875
2013 S Liberty Rd2 Beds, 1 Baths2BR,1BA$1,075
The GeorgianStudioStudio,1BA$1,084
Harmony Oaks2 Bdrm Townhome, 904 SqFt, Tax Credit, 60% AMI2BR,1BA$1,091
Jackson Avenue Building1/11BR,1BA$1,100
Moss-Bauer1x11BR,1BA$1,200
Marrero Commons3 Bdrm Garden, 1168 SqFt, Tax Credit, 60% AMI3BR,2BA$1,273
Hibernia Tower Apartments1 Bedroom1BR,1BA$1,292
925 CommonSYMPHONYStudio,1BA$1,325

Best Value Apartments for Rent in Magnolia, LA

As of June 13, 2026 the best value apartment in the Magnolia area is the $1.23 price per square foot 2213 Baronne St Model at 2213 Baronne St, Unit 2213 Baronne in the in the St Thomas neighborhood starting from $1,975. The second greatest value Magnolia apartment is the 3019 Delachaise St Model at 3019 Delachaise St, Unit 3019 starting at $2,275 with a $1.55 price per square foot in the West Riverside 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.
2213 Baronne St, Unit 2213 Baronne2213 Baronne St3BR,2BA$1.23
3019 Delachaise St, Unit 30193019 Delachaise St3BR,2BA$1.55
Marrero Commons4 Bdrm Townhome, 1432 SqFt, Market,4BR,2.5BA$1.63
The Strand Apartments2 Bedroom Apartment2BR,2BA$1.72
Gravier Place Apartments2 Bedroom Apartment2BR,2BA$1.70
339 Carondelet Apartments1 Beds, 1 Baths1BR,1BA$1.80
4101 S Galvez St, Unit lower unit4101 S Galvez St2BR,1BA$1.06
Moss-Bauer1x11BR,1BA$1.60
2013 S Liberty Rd2 Beds, 1 Baths2BR,1BA$1.43
Jackson Avenue Building1/11BR,1BA$1.57

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

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 #20

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 $1,325.

What is the price of a cheap apartment in Magnolia?

The cheapest apartment in Magnolia is 200 Carondelet which is listed at $933, while the average apartment in Magnolia costs $9,620.

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 66 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 $575 which is $9,045 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.

Helpful Local Expert Guides

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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.

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From Campus to Cajun Cuisine: Finding Your Perfect Student Apartment in New Orleans

Written by: Melissa Maxwell

Congratulations on getting into college! The next four years are going to be pretty exciting. If you got into a college in The Big Easy, just remember that it isn't always Mardi Gras.

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Mardi Gras on the Weekends: The Best Neighborhoods to Rent Near New Orleans Top Employers

Written by: Melissa Maxwell

I'm Melissa, your ApartmentHomeLiving.com Local Expert for New Orleans and I'm here to tell you about the best places to live and work in The Big Easy. Not every day is Mardi Gras! We work too.

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Welcome to the Big Easy: A Local Insiders Guide to New Orleans

Written by: Melissa Maxwell

For many people, the closest they come to New Orleans is watching The Princess and the Frog or that episode of The Simpsons where Marge stars in a musical based on A Streetcar Named Desire.

Articles, How-To's, and Tips

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent article

Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.