Cheap Homes for Rent in Magnolia Neighborhood of New Orleans, LA from $1,100 (14 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.

property at 2621 1st St

2621 1st St

New OrleansLA70113

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 Harmony Oaks Apartments priced from $933. The Pythian Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $998. Here are the most affordable Magnolia apartments for rent in New Orleans, LA:

Apartment ListingModel NameBed/BathPriced From
Harmony Oaks Apartments1 Bedroom Tax Credit***1BR,1BA$933
The Pythian Apartments1 Bedroom1BR,1BA$998
The GeorgianStudioStudio,1BA$1,179
Moss-Bauer1x11BR,1BA$1,200
Hibernia Tower Apartments1 Bedroom1BR,1BA$1,224

Best Value Apartments for Rent in Magnolia, LA

As of September 09, 2025 the best value apartment in the Magnolia area is the $1.24 price per square foot 3113 Louisiana Avenue Pky Model at 3113 Louisiana Avenue Pky, Unit 3115 in the in the West Riverside neighborhood starting from $2,100. The second greatest value Magnolia apartment is the 4 Bedroom Townhome Model at Marrero Commons Apartments starting at $2,247 with a $1.66 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.
3113 Louisiana Avenue Pky, Unit 31153113 Louisiana Avenue Pky3BR,2BA$1.24
Marrero Commons Apartments4 Bedroom Townhome4BR,3BA$1.66
Hibernia Tower Apartments2 Bedroom2BR,2BA$1.60
River Garden on St. Andrew2 Bedroom Apartments2BR,2BA$1.63
2413 1st St, Unit 24132413 1st St2BR,1BA$1.85
1529 Conery St, Unit Conery1529 Conery St2BR,1BA$1.80
2925 Milan St2925 Milan St2BR,1BA$1.33
Moss-Bauer1x11BR,1BA$1.36
The Strand Apartments1 Bedroom Apartment1BR,1BA$1.64
The Muses Apartment HomesModel 2A2BR,2BA$1.85

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 #12

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 538 Apartments for Rent in Magnolia, LA with pricing that ranges from $831 to $24,945. There are also 125 Single Family Homes for rent, Condos, and Townhome rentals currently available in Magnolia ranging from $1,175 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 $1,175 to $3,500 with an average monthly rent of $2,203.

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 $1,247 to $13,549, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,600 to $3,250. Four Bedroom Single-Family rentals are also available starting from $1,995 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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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.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

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

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.