
Cheap Homes for Rent in the Magnolia Neighborhood of New Orleans, LA from $950 (29 Rentals)
Search the lowest-cost Homes available for rent right now in the Magnolia area of New Orleans.


1566 Annunciation St, Unit 4

1564 Annunciation St, Unit 2

1926 Louisiana Ave

2711 Third St

1933 Washington Ave, Unit 201A

1321 S Rampart St
Mardi Gras on the Weekends: The Best Neighborhoods to Rent Near New Orleans' Top Employers
'Laissez les bons temps rouler' and get to work! Explore New Orleans' major industries, best places to live, and iconic culture spots in The Big Easy.

2822 Martin Luther King Jr Blvd

2528 Martin Luther King Jr Blvd

2135 Second St

2934 Dryades St

2105 General Taylor St

2934 Dryades St

3318 S Saratoga St
Rent According to Income: A Look at Income-Restricted Rentals
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1637 Third St

3300 St Charles Ave, Unit 2

1205 St Charles Ave, Unit 1216

2612 Danneel St

2108 Milan St, Unit B

4119 Lasalle St, Unit 4119 Lasalle Street New Orleans Louisiana

2723 2nd St
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2915 Carondelet St

1719 Seventh St, Unit A

2215 Second St

2317 Seminole Pl

1205 Saint Charles Ave, Unit 1213

541 St Joseph St

3535 Louisiana Ave Pkwy
New Orleans's Best Affordable Neighborhoods
Learn about New Orleans and the best places to live with original content written by our Minneapolis, MN Local Expert Melissa Maxwell

2832 Third St
Magnolia, New Orleans, LA Local Guide

How much does it cost to rent a home in Magnolia?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Magnolia 2 Bedroom Homes for Rent | $1,975 | $1,350 | $3,700 |
| Magnolia 3 Bedroom Homes for Rent | $2,138 | $1,800 | $2,590 |
| Magnolia 4 Bedroom Homes for Rent | $3,600 | $2,150 | $4,500 |
Browse Homes for Rent in this Neighborhood
There are currently 29 rentals with your search options within a 1 mile radius of the Magnolia Neighborhood of New Orleans, LA.
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Magnolia, New Orleans, LA Local Guide
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Best Value Homes for Rent in Magnolia, LA
As of September 20, 2026 the best value rental home in the Magnolia area is the $1.38 price per square foot 3033 Toledano St Model at 3033 Toledano St in the Dixon neighborhood starting from $2,200. The second greatest value Magnolia rental home is the 1722 Harmony St Model at 1722 Harmony St, Unit 1722 in the West Riverside neighborhood starting at $1,995 with a $1.50 price per square foot. Here is today’s list of the best values for Magnolia homes based on price per square foot:
| Home Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 3033 Toledano St | 3033 Toledano St | 3BR, 2.5BA | $1.38 |
| 1722 Harmony St, Unit 1722 | 1722 Harmony St | 3BR, 2BA | $1.50 |
| 2723 2nd St | 2723 2nd St | 2BR, 2BA | $1.17 |
| 4121 Elba St, Unit B | 4121 Elba St | 2BR, 1BA | $1.45 |
| 1719 Seventh St, Unit A | 1719 Seventh St | 2BR, 1BA | $1.30 |
| 2528 Martin Luther King Jr Blvd | 2528 Martin Luther King Jr Blvd | Studio, 1BA | $1.20 |
| 2108 Milan St, Unit B | 2108 Milan St | 1BR, 1BA | $1.47 |
| 2915 Carondelet St | 2915 Carondelet St | 2BR, 1BA | $1.50 |
| 2934 Dryades St | 2934 Dryades St | 1BR, 1BA | $1.47 |
| 1566 Annunciation St, Unit 4 | 1566 Annunciation St | 1BR, 1BA | $1.46 |
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 ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Read ArticleReal 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 ArticleQuick 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.
Pet Friendly LifestyleMagnolia, New Orleans, LA
Ranked #13
Among cities in Louisiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Magnolia
What type of rentals are currently available in Magnolia?
There are currently 562 Apartments for Rent in Magnolia, LA with pricing that ranges from $309 to $15,000. There are also 112 Single Family Homes for rent, Condos, and Townhome rentals currently available in Magnolia ranging from $950 to $4,500.
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 $950 to $4,500 with an average monthly rent of $1,883.
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 $1,213 to $10,389, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,800 to $2,590. Four Bedroom Single-Family rentals are also available starting from $2,150 and Four Bedroom Apartments start at $309.
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.
Helpful Local Expert Guides

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Congratulations on getting into college! The next four years are going to be pretty exciting. If you got into a college in The Big Easy, just remember that it isn't always Mardi Gras.

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Articles, How-To's, and Tips

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
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