
Cheap Apartments for Rent in the Magnolia Neighborhood of New Orleans, LA from $400 (32 Rentals)
Search the lowest-cost Apartments available for rent right now in the Magnolia area of New Orleans.


1300 OCH at H3C Apartments

King Rampart Senior Living

Belle Reve at H3C -Senior 55+

River Garden on Felicity
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.

1207 Jackson Ave

1426-1430 Urania St

The Georgian

2223 Washington Ave

Marrero Commons Apartments

Gravier Place Apartments

The Muses Apartment Homes

The Jackson

2121-2131 Louisiana Ave

The Strand Apartments
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Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

4211 St Charles Ave

The Dr.Everett and Melva Williams Building
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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
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 | $1,865 | $1,214 | $4,066 |
Magnolia 1 Bedroom Apartments | $1,983 | $831 | $5,209 |
Magnolia 2 Bedroom Apartments | $3,126 | $400 | $10,000+ |
Magnolia 3 Bedroom Apartments | $2,400 | $1,126 | $6,304 |
Magnolia 4 Bedroom Apartments | $3,677 | $291 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 32 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 Apartments priced from $291. 803 Felicity has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,100. Here are the most affordable Magnolia apartments for rent in New Orleans, LA:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Harmony Oaks Apartments | 4 Bedroom Townhouse Tax Credit*** | 4BR,2BA | $291 |
803 Felicity | 2BR/1.0BA | 2BR,1BA | $1,100 |
The Georgian | Studio | Studio,1BA | $1,181 |
Marrero Commons Apartments | 3 Bedroom Tax Credit*** | 3BR,2BA | $1,273 |
Moss-Bauer | 1x1 | 1BR,1BA | $1,350 |
The Strand Apartments | 1 Bedroom Apartment | 1BR,1BA | $1,385 |
Hibernia Tower Apartments | 1 Bedroom | 1BR,1BA | $1,401 |
930 Poydras | 1 bedroom | 1BR,1BA | $1,495 |
Thirteen15 | F | Studio,1BA | $1,535 |
The Paramount at South Market | Modern | 1BR,1BA | $1,576 |
Best Value Apartments for Rent in Magnolia, LA
As of June 02, 2025 the best value apartment in the Magnolia area is the $1.75 price per square foot 3 Bedroom Apartment Model at Gravier Place Apartments in the in the Vieux Carre neighborhood starting from $2,629. The second greatest value Magnolia apartment is the 2203 Louisiana Ave Model at 2203 Louisiana Ave, Unit 2203 starting at $1,750 with a $1.17 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Gravier Place Apartments | 3 Bedroom Apartment | 3BR,3BA | $1.75 |
2203 Louisiana Ave, Unit 2203 | 2203 Louisiana Ave | 3BR,1BA | $1.17 |
Marrero Commons Apartments | 4 Bedroom Townhome | 4BR,3BA | $1.66 |
Hibernia Tower Apartments | 2 Bedroom | 2BR,2BA | $1.99 |
Moss-Bauer | 2x2 | 2BR,2BA | $1.60 |
1360 Constance St, Unit 1360 Constance St. | 1360 Constance St | 2BR,2BA | $1.92 |
River Garden on St. Andrew | 2 Bedroom Apartments | 2BR,2BA | $1.55 |
803 Felicity | 2BR/1.0BA | 2BR,1BA | $1.47 |
930 Poydras | 1 bedroom | 1BR,1BA | $2.03 |
Harmony Oaks Apartments | One Bedroom Garden | 1BR,1BA | $2.00 |
Quick Rent Budget Calculator
How much rent can you afford?
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Pet Friendly LifestyleMagnolia, New Orleans, LA
Ranked #15
Among neighborhoods in New Orleans, LA 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 the price of a cheap apartment in Magnolia?
The cheapest apartment in Magnolia is Harmony Oaks Apartments which is listed at $932, while the average apartment in Magnolia costs $2,281.
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 132 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 $734 which is $1,547 cheaper than the average rent for all rentals in Magnolia.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.