Cheap Homes for Rent in Magnolia Neighborhood of New Orleans, LA from $800 (27 Rentals)

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

property at 925 Common St

$1,161 - $1,198

1 Bedroom Rentals

Available Now

925 Common St

New OrleansLA70112

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.

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.

property at 1205 St Charles Ave

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

Studio, 1 Bath Condo for Rent

Available Now

1205 St Charles Ave, Unit 606, Unit 606

1205 St Charles Ave
New OrleansLA70130
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 Jun 1

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.

property at 2615 S Johnson St

$1,350

Total Monthly Price

Total Monthly Price

Base Rent
$1,350

Total Monthly Price
$1,350

2 Bedroom, 1 Bath Home for Rent

Available Now

2615 S Johnson St

New OrleansLA70125
property at 1205 St Charles Ave

$1,400

Total Monthly Price

Total Monthly Price

Base Rent
$1,400

Total Monthly Price
$1,400

1 Bedroom, 1 Bath Condo for Rent

Available Now

1205 St Charles Ave, Unit 616, Unit 616

1205 St Charles Ave
New OrleansLA70130

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.

property at 2721 General Taylor St

$1,450

Total Monthly Price

Total Monthly Price

Base Rent
$1,450

Total Monthly Price
$1,450

1 Bedroom, 1 Bath Home for Rent

Available Now

2721 General Taylor St

New OrleansLA70115
property at 4209 Freret St

$1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,500

Total Monthly Price
$1,500

2 Bedroom, 1 Bath Townhome for Rent

Available Now

4209 Freret St

New OrleansLA70115

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 1 Bed unit found at 200 Carondelet priced from $427. The Georgian has the second lowest priced unit, which is a Studio apartment currently listed from $1,121. Here are the most affordable Magnolia apartments for rent in New Orleans, LA:

Apartment ListingModel NameBed/BathPriced From
200 Carondelet1x1-c1g-tc301BR,1BA$427
The GeorgianStudioStudio,1BA$1,121
Moss-Bauer1x11BR,1BA$1,200
Gravier Place Apartments1 Bedroom Apartment1BR,1BA$1,203
Marrero Commons3 Bdrm Garden, 1168 SqFt, Tax Credit, 60% AMI3BR,2BA$1,273
925 Common0 Bedroom 1 Bath - 58949Studio,1BA$1,330
Hibernia Tower Apartments1 Bedroom1BR,1BA$1,400
The Odeon at South MarketModernStudio,1BA$1,417

Best Value Apartments for Rent in Magnolia, LA

As of May 07, 2026 the best value apartment in the Magnolia area is the $1.63 price per square foot 3 Bdrm Townhome, 1220 SqFt, Market, Model at Harmony Oaks in the in the West Riverside neighborhood starting from $1,994. The second greatest value Magnolia apartment is the 3 Bdrm Garden, 1168 SqFt, Tax Credit, 60% AMI Model at Marrero Commons starting at $1,273 with a $1.09 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.
Harmony Oaks3 Bdrm Townhome, 1220 SqFt, Market,3BR,1.5BA$1.63
Marrero Commons3 Bdrm Garden, 1168 SqFt, Tax Credit, 60% AMI3BR,2BA$1.09
River Garden on St. Andrew2 Bedroom Apartments2BR,2BA$1.63
The Pythian Apartments2 Bedroom 1 Bath2BR,1BA$1.90
1415 S Roman St, Unit 14151415 S Roman St2BR,1BA$1.33
3203 Martin Luther King Jr Blvd, Unit C3203 Martin Luther King Jr Blvd2BR,1BA$1.33
Four WindsAether1BR,1BA$2.05
Moss-Bauer1x11BR,1BA$1.60
930 Poydras1 bedroom1BR,1BA$2.03
Gravier Place Apartments1 Bedroom Apartment1BR,1BA$1.95

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 Article
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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.

Read Article
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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 #16

Among cities in Louisiana for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Magnolia

What type of rentals are currently available in Magnolia?

There are currently 541 Apartments for Rent in Magnolia, LA with pricing that ranges from $246 to $15,000. There are also 92 Single Family Homes for rent, Condos, and Townhome rentals currently available in Magnolia ranging from $825 to $4,400.

What is the current price range for Rental Homes in Magnolia?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Magnolia ranges from $825 to $4,400 with an average monthly rent of $1,930.

How much are larger Three and Four Bedroom Rentals in Magnolia?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Magnolia range from $313 to $10,678, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,800 to $2,450. Four Bedroom Single-Family rentals are also available starting from $1,850 and Four Bedroom Apartments start at $335.

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

decorative image for A Local Expert’s Top Budget-Friendly Neighborhoods to Rent in New Orleans article

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.

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.