
Cheap Homes for Rent in Magnolia Neighborhood of Gloucester, MA from $2,100 (2 Rentals)
Search the lowest-cost Homes available for rent right now in the Magnolia area of Gloucester.


97 Washington street, Unit 3rd floor
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
Magnolia, Gloucester, MA Local Guide

How much does it cost to rent a home in Magnolia?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Magnolia 3 Bedroom Homes for Rent | $8,583 | $4,250 | $10,000+ |
Magnolia 4 Bedroom Homes for Rent | $7,000 | $4,500 | $9,500 |
Browse Homes for Rent in this Neighborhood
There are currently 2 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
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Best Value Apartments for Rent in Magnolia, MA
As of April 15, 2025 the best value apartment in the Magnolia area is the $2.75 price per square foot 295 Magnolia Ave Model at 295 Magnolia Ave, Unit Rain Gaudreau in the in the West Gloucester neighborhood starting from $2,200. The second greatest value Magnolia apartment is the A1A Model at Halyard starting at $2,278 with a $3.47 price per square foot in the West Gloucester 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. |
---|---|---|---|
295 Magnolia Ave, Unit Rain Gaudreau | 295 Magnolia Ave | 1BR,1BA | $2.75 |
Halyard | A1A | 1BR,1BA | $3.47 |
The Heights At Cape Ann | 1 Bedroom | 1BR,1BA | $3.15 |
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Frequently Asked Questions about Magnolia
What type of rentals are currently available in Magnolia?
There are currently 67 Apartments for Rent in Magnolia, MA with pricing that ranges from $1,600 to $4,975. There are also 8 Single Family Homes for rent, Condos, and Townhome rentals currently available in Magnolia ranging from $2,100 to $15,000.
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 $2,100 to $15,000 with an average monthly rent of $6,011.
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.