Cheap Homes for Rent in Magnolia Neighborhood of New Orleans, LA from $1,000 (26 Rentals)

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

property at 1016 Canal St

$976 - $1,036

Studio Rentals

Available Now

1016 Canal St

New OrleansLA70112

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.

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property at 2100 Philip St

$1,150

1 Bedroom, 1 Bath Home for Rent

Available Now

2100 Philip 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.

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property at 2102 Philip St

$1,250

1 Bedroom, 1 Bath Home for Rent

Available Now

2102 Philip St

New OrleansLA70113
property at 2229 Napoleon Ave

$1,300

2 Bedroom, 1 Bath Home for Rent

Available Now

2229 Napoleon Ave

New OrleansLA70115
property at 2229 Napoleon Ave

$1,300

2 Bedroom, 1 Bath Home for Rent

Available Now

2229 Napoleon Ave

New OrleansLA70115

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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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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Showing Results 1-26, Page 1 of 1

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 Studio unit found at 200 Carondelet priced from $875. Marrero Commons Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $932. Here are the most affordable Magnolia apartments for rent in New Orleans, LA:

Apartment ListingModel NameBed/BathPriced From
200 CarondeletStudio-csc-mktStudio,1BA$875
Marrero Commons Apartments1 Bedroom Tax Credit***1BR,1BA$932
Harmony Oaks Apartments1 Bedroom Tax Credit***1BR,1BA$933
1300 OCH at H3C ApartmentsA11BR,1BA$934
The Pythian Apartments1 Bedroom1BR,1BA$1,068
Gravier Place Apartments1 Bedroom Apartment1BR,1BA$1,078
The GeorgianStudioStudio,1BA$1,130
925 CommonThe HarmonyStudio,1BA$1,195
Moss-Bauer1x11BR,1BA$1,200
Hibernia Tower Apartments1 Bedroom1BR,1BA$1,316

Best Value Apartments for Rent in Magnolia, LA

As of January 26, 2026 the best value apartment in the Magnolia area is the $1.21 price per square foot 2 Bedroom 2 Bath Model at The Pythian Apartments in the in the Vieux Carre neighborhood starting from $2,062. The second greatest value Magnolia apartment is the 2136 Saint Andrew St Model at 2136 Saint Andrew St, Unit 1 starting at $2,500 with a $1.76 price per square foot in the St Thomas 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.
The Pythian Apartments2 Bedroom 2 Bath2BR,2BA$1.21
2136 Saint Andrew St, Unit 12136 Saint Andrew St3BR,3BA$1.76
Marrero Commons Apartments4 Bedroom Townhome4BR,3BA$1.66
2115 Marengo St, Unit C2115 Marengo St1BR,1BA$1.20
Hibernia Tower Apartments2 Bedroom2BR,2BA$1.83
2821 Dryades St, Unit 28192821 Dryades St2BR,2BA$1.85
The Muses Apartment HomesModel 2A2BR,2BA$1.85
River Garden on St. Andrew1 Bedroom Apartment1BR,1BA$1.92
Moss-Bauer1x11BR,1BA$1.60
Gravier Place Apartments1 Bedroom Apartment1BR,1BA$1.75

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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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.

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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 #13

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 546 Apartments for Rent in Magnolia, LA with pricing that ranges from $246 to $16,676. There are also 125 Single Family Homes for rent, Condos, and Townhome rentals currently available in Magnolia ranging from $1,100 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 $1,100 to $4,400 with an average monthly rent of $1,853.

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 $11,503, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,500 to $4,000. Four Bedroom Single-Family rentals are also available starting from $1,450 and Four Bedroom Apartments start at $1,370.

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

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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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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.