Cheap Apartments for Rent in Magnolia, IA from $600 (21 Rentals)
Search the lowest-cost Apartments available for rent right now in Magnolia.

Residences at Sorensen Square

Fox Valley Apartments

Beacon Hill

Larimore Senior Residences

Residences at Fox Pointe

Riverbend - Newly Renovated! Call today!

Kings Gate Senior
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

Cottonwood Apartments

Sherwood Forest Apartments

Featherstone Apartments

TigerTown Plaza

219 N Stark St

300 S 13th St

1005 Avenue K
Magnolia, IA Local Guide

How much does it cost to rent an apartment in Magnolia?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Magnolia Studio Apartments | $1,095 | $880 | $1,250 |
Magnolia 1 Bedroom Apartments | $1,208 | $675 | $2,030 |
Magnolia 2 Bedroom Apartments | $1,378 | $866 | $2,619 |
Magnolia 3 Bedroom Apartments | $1,557 | $1,200 | $2,095 |
Magnolia 4 Bedroom Apartments | $1,684 | $1,500 | $1,796 |
Browse Top Apartments in Magnolia
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Magnolia, IA Local Guide
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Cheapest Available Magnolia Apartments for Rent and Nearby
 The cheapest available apartment rental in Magnolia, IA is a 1 Bed unit found at Beacon Hill in the Keystone neighborhood priced from $800. Keystone Park Apartments - Benson in the Benson neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $845. Here is today’s list of the most affordable Magnolia apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Beacon Hill | One Bedroom 11C | 1BR,1BA | $800 |
Keystone Park Apartments - Benson | 1 bedroom / 1 bath - Tenant Pays Utils.. | 1BR,1BA | $845 |
Warwick Apartments | 1 Bed, 1 bath | 1BR,1BA | $860 |
Residences at Sorensen Square | 2 Bedroom | 2BR,1BA | $875 |
Larimore Senior Residences | One Bed/One Bat 60% Hh | 1BR,1BA | $883 |
Best Value Apartments for Rent in Magnolia, IA and Nearby
As of April 20, 2025 the best value apartment in the Magnolia area is the $1.08 price per square foot 3 Bedroom Model at Residences at Sorensen Square in the in the North Omaha neighborhood starting from $1,300. The second greatest value Magnolia apartment is the Sahler II Model at Country Estates starting at $1,395 with a $1.19 price per square foot in the Northwest Omaha 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. |
---|---|---|---|
Residences at Sorensen Square | 3 Bedroom | 3BR,2BA | $1.08 |
Country Estates | Sahler II | 2BR,2.5BA | $1.19 |
The Bluffs at Cherry Hills | Two Bedroom Townhome | 2BR,2BA | $1.22 |
Grandridge | Arcadia | 2BR,2BA | $1.10 |
Park West | 2 Bedroom, 2 Bathroom - 970 SF | 2BR,2BA | $1.03 |
Highpoint | 2 Bed, 1 Bath | 2BR,1BA | $1.24 |
Keystone Ridge | Two Bedroom | 2BR,1BA | $1.13 |
The Bluffs | One Bedroom | 1BR,1BA | $1.25 |
Keystone Park Apartments - Benson | 1 bedroom / 1 bath - Tenant Pays Utils.. | 1BR,1BA | $1.21 |
Warwick Apartments | 1 Bed, 1 bath | 1BR,1BA | $1.23 |
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Getting Around Magnolia, IA
Bike Score®
19 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Magnolia Apartments
What is the Cheapest Studio apartment in Magnolia?
Currently the most affordable Cheap Studio Apartment in Magnolia is at Muse Omaha listed at $950.
How much is rent for a Cheap One Bedroom Magnolia Apartment?
The lowest price for a Cheap One Bedroom Magnolia Apartment is $800 at Beacon Hill.
What is the lowest price for a Cheap Two Bedroom Magnolia Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Magnolia is starting from $875 at Residences at Sorensen Square.
What is the most affordable Magnolia Three Bedroom Apartment?
The best deal on a cheap Magnolia Three Bedroom Apartment rental is at Featherstone Apartments and starts from $1,200.
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.

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.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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.