Cheap Homes for Rent in Magnolia, DE from $1,600 (11 Rentals)

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

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Magnolia, DE Local Guide

Cheapest Neighborhoods for Apartments in Magnolia, DE

Pricing Updated: 05/12/2025

Current apartment rentals in the Magnolia, DE area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Magnolia Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Point Landing$2,410$1,42533

Cheapest Available Magnolia Apartments for Rent and Nearby

 

The cheapest available apartment rental in Magnolia, DE is a 1 Bed unit found at Mispillion Apartments in the Orchard Hill neighborhood priced from $678. The Willows at Clearfield in the Parker's Run neighborhood has the second lowest priced unit, which is a 3 Beds apartment currently listed from $929. Here is today’s list of the most affordable Magnolia apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Mispillion ApartmentsOne bedroom1BR,1BA$678
The Willows at Clearfield3 BEDROOM3BR,1BA$929
Premier Village ApartmentsStudioStudio,1BA$1,100
Woodcrest Apartment HomesStudio - 322 sqftStudio,1BA$1,240
Mapleton Square Apartment HomesOne Bedroom1BR,1BA$1,305

Best Value Apartments for Rent in Magnolia, DE and Nearby

As of May 12, 2025 the best value apartment in the Magnolia area is the $1.52 price per square foot Fully Fenced Back Yard - Interior Unit Model at Windward Grove - Townhome Rentals in the in the Orchard Hill neighborhood starting from $2,350. The second greatest value Magnolia apartment is the 2 Model at The Reserve at Cypress Hall starting at $1,695 with a $1.35 price per square foot in the Orchard Hill 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.
Windward Grove - Townhome RentalsFully Fenced Back Yard - Interior Unit3BR,2.5BA$1.52
The Reserve at Cypress Hall22BR,2BA$1.35
Leander LakesSunfish2BR,2BA$1.44
The Willows at Clearfield3 BEDROOM3BR,1.5BA$0.79
Windward on The RiverMontgomery2BR,2BA$1.50
Watergate Townhomes2 Bed 2 Bath Townhome2BR,2BA$1.44
Sunnyside Apartments1 Bed 1.5 Bath1BR,1.5BA$1.40
Towne Point Apartments2 B - 2 Bedroom2BR,1.5BA$1.51
Planters Run Apartments (55+ Active Adult)1 Bedroom1BR,1BA$1.60
Mispillion ApartmentsOne bedroom1BR,1BA$1.04

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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Frequently Asked Questions about Magnolia

What type of rentals are currently available in Magnolia?

There are currently 40 Apartments for Rent in Magnolia, DE with pricing that ranges from $678 to $4,295. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in Magnolia ranging from $1,650 to $3,950.

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 $1,650 to $3,950 with an average monthly rent of $2,833.

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 $929 to $4,295, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,650 to $2,900. Four Bedroom Single-Family rentals are also available starting from $2,250 and Four Bedroom Apartments start at $2,249.

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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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.