
Cheap Homes for Rent in Magnolia, IA from $900 (6 Rentals)
Search the lowest-cost Homes available for rent right now in Magnolia.


1005 Avenue K

300 S 13th St

3132 Craig Ave

6312 Military Ave

4034 Laurel Ave
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.
Magnolia, IA Local Guide

How much does it cost to rent a home in Magnolia?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Magnolia 2 Bedroom Homes for Rent | $1,265 | $950 | $1,800 |
Magnolia 3 Bedroom Homes for Rent | $2,022 | $1,700 | $2,500 |
Magnolia 4 Bedroom Homes for Rent | $1,705 | $1,475 | $2,200 |
Magnolia 5 Bedroom Homes for Rent | $2,375 | $1,900 | $2,850 |
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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 $805. 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 | $805 |
Keystone Park Apartments - Benson | 1 bedroom / 1 bath - Tenant Pays Utils.. | 1BR,1BA | $845 |
Warwick Apartments | 1 Bed, 1 bath | 1BR,1BA | $860 |
Best Value Apartments for Rent in Magnolia, IA and Nearby
As of April 17, 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 |
Terrace Garden Townhomes | 2 Bedroom | 2BR,1.5BA | $1.30 |
Grandridge | Arcadia | 2BR,2BA | $1.10 |
Keystone Ridge | Two Bedroom | 2BR,1BA | $1.13 |
Larimore Senior Residences | One Bed/One Bath - 50% | 1BR,1BA | $1.28 |
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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Frequently Asked Questions about Magnolia
What type of rentals are currently available in Magnolia?
There are currently 42 Apartments for Rent in Magnolia, IA with pricing that ranges from $675 to $2,619. There are also 31 Single Family Homes for rent, Condos, and Townhome rentals currently available in Magnolia ranging from $950 to $2,850.
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 $950 to $2,850 with an average monthly rent of $1,811.
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 $1,200 to $2,095, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,700 to $2,500. Four Bedroom Single-Family rentals are also available starting from $1,475 and Four Bedroom Apartments start at $1,500.
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.