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Cheap Apartments for Rent in the Magnolia Neighborhood of Gloucester, MA from $1,400 (4 Rentals)
Search the lowest-cost Apartments available for rent right now in the Magnolia area of Gloucester.
31 Western Ave
GloucesterMA01930
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Boston's Best Affordable Neighborhoods
Learn about Boston and the best places to live around the area with original content written by our Boston, MA Local Expert Amelia Ramstead
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Magnolia, Gloucester, MA Local Guide
Southeast Harbor by Eric Harrison is licensed under CC BY 2.0
How much does it cost to rent an apartment in Magnolia?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Magnolia Studio Apartments | $1,750 | $1,750 | $1,750 |
| Magnolia 1 Bedroom Apartments | $2,392 | $1,600 | $3,150 |
| Magnolia 2 Bedroom Apartments | $2,841 | $2,200 | $4,150 |
| Magnolia 3 Bedroom Apartments | $3,736 | $2,700 | $4,975 |
Browse Apartments in this Neighborhood
There are currently 4 rentals with your search options within a 3 mile radius of the Magnolia Neighborhood of Gloucester, MA.
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Magnolia, Gloucester, MA Local Guide
- Nearby Gloucester neighborhoods
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Best Value Apartments for Rent in Magnolia, MA
As of March 29, 2025 the best value apartment in the Magnolia area is the $2.64 price per square foot 150 Maplewood Ave Model at 150 Maplewood Ave, Unit 2 in the in the West Gloucester neighborhood starting from $2,975. The second greatest value Magnolia apartment is the 12 Hesperus Cir Model at 12 Hesperus Cir, Unit Oceanfront Apt starting at $2,600 with a $2.74 price per square foot in the Magnolia neighborhood. Here is today’s list of the best values for Magnolia apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 150 Maplewood Ave, Unit 2 | 150 Maplewood Ave | 3BR,1BA | $2.64 |
| 12 Hesperus Cir, Unit Oceanfront Apt | 12 Hesperus Cir | 1BR,1BA | $2.74 |
| 42 Fort Sq, Unit 2L | 42 Fort Sq | 1BR,1BA | $2.09 |
| Halyard | A1A | 1BR,1BA | $3.47 |
| The Heights At Cape Ann | 1 Bedroom | 1BR,1BA | $3.15 |
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Pet Friendly LifestyleMagnolia, Gloucester, MA
Ranked #4
Among neighborhoods in Gloucester, MA for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Magnolia, Gloucester, MA
School data provided by Great Schools
Best Local Schools in Magnolia, Gloucester, MA
School data provided by Great Schools
Frequently Asked Questions about Cheap Magnolia Apartments
How much is rent for a Cheap One Bedroom Magnolia Apartment?
The lowest price for a Cheap One Bedroom Magnolia Apartment is $2,050 at The Heights At Cape Ann.
What is the most affordable Magnolia Three Bedroom Apartment?
The best deal on a cheap Magnolia Three Bedroom Apartment rental is at and starts from $2,700.
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.
The 10 Best Affordable Neighborhoods in Boston, MA
Written by: Amelia Ramstead
Boston is known for its exciting combination of early American history and modern high-tech universities and employers.
Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.
Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.
Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.