Cheap Apartments for Rent in Magnolia, TX from $500 (22 Rentals)

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Search the lowest-cost Apartments available for rent right now in Magnolia.

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

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Grand Oaks MHC
2 Bedroom Apartments

Grand Oaks MHC

30410 Valley Oaks DrMagnolia, TX 77355

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Magnolia, TX Local Guide

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Staff Writer
Local Guide Expert

Cheapest Neighborhoods for Apartments in Magnolia, TX

Pricing Updated: 05/18/2025

Current apartment rentals in the Magnolia, TX area range in price from $830 to $28,000 with an overall median price of $6,946. The three Magnolia neighborhoods with the lowest median rent pricing are Indigo Lake Estates at $1,615, Lake Windcrest at $1,895, and Lynwood at $2,000. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Magnolia Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Indigo Lake Estates$2,097$1,61518
Lake Windcrest$2,247$1,8953
Lynwood$2,400$2,0005
Glen Oaks$2,800$1,15018
Woodlane Forest$2,995$1,70412
Forest Crossing$3,200$1,58116
Westwood North$3,200$1,58126
Woodlands$3,975$830165
High Meadow Ranch$4,500$2,4504
Skylight Timbers$21,000$2,00059

Cheapest Available Magnolia Apartments for Rent

 

The cheapest available apartment rental in Magnolia, TX is a 2 Beds unit found at Tomball Senior Village in the Miramar Lake neighborhood priced from $634. Marymont in the Miramar Lake neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $893. Here is today’s list of the most affordable Magnolia apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Tomball Senior Village2x22BR,2BA$634
MarymontParkview1BR,1BA$893
Cobble CreekA1-R1BR,1BA$915
Retreat at MagnoliaA11BR,1BA$967
Park at MagnoliaA11BR,1BA$969

Best Value Apartments for Rent in Magnolia, TX

As of May 18, 2025 the best value apartment in the Magnolia area is the $1.23 price per square foot Maple Model at Bauer Landing in the in the Northwest Houston neighborhood starting from $1,925. The second greatest value Magnolia apartment is the Legacy Model at Keystone Townhomes starting at $1,470 with a $1.18 price per square foot in the Miramar Lake 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.
Bauer LandingMaple3BR,2BA$1.23
Keystone TownhomesLegacy2BR,2.5BA$1.18
Woodland PointB5R2BR,2BA$1.53
Crossings at CherryAspen Upper3BR,2BA$1.56
Hickory HillD12BR,2BA$1.45
Tomball Senior Village2x22BR,2BA$0.74
Woodland LandingsA11BR,1BA$1.29
Park at Walkers Landing1 bedroom, 1 bathroom1BR,1BA$1.47
The Preserve at Spring CreekA1/ A1A1BR,1BA$1.57
MarymontParkview1BR,1BA$1.46

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Magnolia Overview

Magnolia is a vibrant city located in southwestern Montgomery County, Texas. The quality of life in Magnolia makes it an easy choice for empty nesters, families and business executives alike. Here lush pine forests and peaceful pastures co-exist in harmony with the businesses and entrepreneurial ventures.

Why live in Magnolia, TX?

Do you like the Texas Renaissance Festivals? There is one that occurs every year in Magnolia and lasts about 6 weekends. Although Magnolia is not on any major highway, it is close to U.S Highway 290 an easy way to get into Houston. Magnolia prides itself on being a green city as it has plenty of trees mostly pines. The area is humid and hot during summer, but the pine trees always offer ample shade especially if you get a nice property. It is far enough from the coast, which gives you enough cover from the monster hurricanes. All these niceties are a clear indication why Scenic Texas awarded Recognized Scenic City Certification to Magnolia.

Pet Friendly Lifestyle
Magnolia, TX

Ranked #224

Among cities in Texas for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Magnolia, TX Rentals by Map

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Getting Around Magnolia, TX

Walk Score®

25 / 100

Car-Dependent

Most errands require a car

Bike Score®

33 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap Magnolia Apartments

How much is rent for a Cheap One Bedroom Magnolia Apartment?

The lowest price for a Cheap One Bedroom Magnolia Apartment is $893 at Marymont.

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 $634 at Tomball Senior Village.

What is the most affordable Magnolia Three Bedroom Apartment?

The best deal on a cheap Magnolia Three Bedroom Apartment rental is at Marymont and starts from $1,341.

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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