Cheap Homes for Rent in Magnolia Neighborhood of New Orleans, LA from $1,200 (24 Rentals)

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

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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property at 1431 St Andrew St

1431 St Andrew St

New OrleansLA70130

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.

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property at 2733 Amelia St

2733 Amelia St

New OrleansLA70115

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

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

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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 $932. Gravier Place Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $983. 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$932
Gravier Place Apartments1 Bedroom Apartment1BR,1BA$983
The GeorgianStudioStudio,1BA$1,152
Moss-Bauer1x11BR,1BA$1,200
The Pythian ApartmentsStudio / 1 BATHStudio,1BA$1,250

Best Value Apartments for Rent in Magnolia, LA

As of July 26, 2025 the best value apartment in the Magnolia area is the $1.66 price per square foot 4 Bedroom Townhome Model at Marrero Commons Apartments in the in the Dixon neighborhood starting from $2,247. The second greatest value Magnolia apartment is the 2 Bedroom Apartment Model at The Strand Apartments starting at $2,086 with a $1.60 price per square foot in the Vieux Carre 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.
Marrero Commons Apartments4 Bedroom Townhome4BR,3BA$1.66
The Strand Apartments2 Bedroom Apartment2BR,2BA$1.60
2526 Martin Luther King Jr Blvd, Unit 3 bedroom and 2 bath.2526 Martin Luther King Jr Blvd3BR,2BA$1.69
925 CommonThe Barrone2BR,2.5BA$1.12
2035 Amelia St, Unit 20352035 Amelia St3BR,2BA$1.23
2312 Napoleon Ave, Unit Two bedrooms 1st floor2312 Napoleon Ave2BR,1BA$1.30
Hibernia Tower Apartments1 Bedroom1BR,1BA$1.32
2231 Marengo St, Unit C2231 Marengo St1BR,1BA$1.61
Moss-Bauer1x11BR,1BA$1.77
Gravier Place Apartments1 Bedroom Apartment1BR,1BA$1.60

Quick Rent Budget Calculator

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Frequently Asked Questions about Magnolia

What type of rentals are currently available in Magnolia?

There are currently 534 Apartments for Rent in Magnolia, LA with pricing that ranges from $831 to $24,170. There are also 90 Single Family Homes for rent, Condos, and Townhome rentals currently available in Magnolia ranging from $1,200 to $4,000.

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 $1,200 to $4,000 with an average monthly rent of $2,047.

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 $1,273 to $8,750, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,575 to $2,900. Four Bedroom Single-Family rentals are also available starting from $1,750 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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

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.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

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.