Cheap Homes for Rent in Magnolia Neighborhood of New Orleans, LA from $800 (12 Rentals)

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

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.

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.

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 Marrero Commons Apartments priced from $932. Harmony Oaks Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $933. Here are the most affordable Magnolia apartments for rent in New Orleans, LA:

Apartment ListingModel NameBed/BathPriced From
Marrero Commons Apartments1 Bedroom Tax Credit***1BR,1BA$932
Harmony Oaks Apartments1 Bedroom Tax Credit***1BR,1BA$933
The GeorgianStudioStudio,1BA$1,042
The Pythian Apartments1 Bedroom1BR,1BA$1,068
Gravier Place Apartments1 Bedroom Apartment1BR,1BA$1,169

Best Value Apartments for Rent in Magnolia, LA

As of October 27, 2025 the best value apartment in the Magnolia area is the $1.05 price per square foot 2203 Louisiana Ave Model at 2203 Louisiana Ave, Unit 2203 in the in the West Riverside neighborhood starting from $1,675. The second greatest value Magnolia apartment is the 4300 S Johnson St Model at 4300 S Johnson St, Unit Upstairs Apartment starting at $1,750 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.
2203 Louisiana Ave, Unit 22032203 Louisiana Ave3BR,1BA$1.05
4300 S Johnson St, Unit Upstairs Apartment4300 S Johnson St3BR,2BA$1.09
Marrero Commons Apartments4 Bedroom Townhome4BR,3BA$1.57
Hibernia Tower Apartments2 Bedroom2BR,2BA$1.68
Moss-Bauer2x22BR,2BA$1.60
The Strand Apartments2 Bedroom Apartment2BR,2BA$1.60
River Garden on St. Andrew2 Bedroom Apartments2BR,2BA$1.63
2413 1st St, Unit 24132413 1st St2BR,1BA$1.85
The Muses Apartment HomesModel 2A2BR,2BA$1.85
Gravier Place Apartments1 Bedroom Apartment1BR,1BA$1.90

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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 550 Apartments for Rent in Magnolia, LA with pricing that ranges from $831 to $25,675. There are also 101 Single Family Homes for rent, Condos, and Townhome rentals currently available in Magnolia ranging from $850 to $3,500.

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 $850 to $3,500 with an average monthly rent of $2,050.

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 $1,242 to $11,916, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,495 to $2,700. Four Bedroom Single-Family rentals are also available starting from $1,600 and Four Bedroom Apartments start at $1,370.

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.

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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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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.