Cheap Homes for Rent in Magnolia Neighborhood of Gloucester, MA from $2,100 (2 Rentals)

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

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

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 ListingModel NameBed/BathPrice Per Sq.Ft.
295 Magnolia Ave, Unit Rain Gaudreau295 Magnolia Ave1BR,1BA$2.75
HalyardA1A1BR,1BA$3.47
The Heights At Cape Ann1 Bedroom1BR,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.

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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.

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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.

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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.

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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.