Cheap Apartments for Rent in Magnolia, TX from $400 (25 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

property at 30000 FM2978

30000 FM2978

MagnoliaTX77354
close
View Me
Grand Oaks MHC
2 Bedroom Apartments

Grand Oaks MHC

30410 Valley Oaks DrMagnolia, TX 77355

Magnolia, TX Local Guide

Photo of Staff Writer  - Local Guide Expert
Written By:
Staff Writer
Local Guide Expert

Cheapest Neighborhoods for Apartments in Magnolia, TX

Pricing Updated: 03/27/2025

Current apartment rentals in the Magnolia, TX area range in price from $830 to $28,000 with an overall median price of $7,112. The three Magnolia neighborhoods with the lowest median rent pricing are Royal Oaks at $1,450, Lake Windcrest at $1,450, and Indigo Lake Estates at $1,600. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Magnolia Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Royal Oaks$1,450$1,4505
Lake Windcrest$2,162$1,45034
Indigo Lake Estates$2,245$1,600103
Forest Crossing$2,550$1,35373
Lynwood$2,900$1,99511
Westwood North$3,020$1,395125
Woodlands$3,345$8301082
Woodlane Forest$3,350$2,15041
Glen Oaks$3,650$1,50065
High Meadow Ranch$4,675$2,4505

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 $591. Woodland Point in the Sterling Ridge neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $969. Here is today’s list of the most affordable Magnolia apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Tomball Senior Village2x22BR,2BA$591
Woodland PointA1R1BR,1BA$969
Villages of MagnoliaE1Studio,1BA$994
Park at Walkers Landing1 bedroom, 1 bathroom1BR,1BA$1,025
Cobble CreekA2-R1BR,1BA$1,026

Best Value Apartments for Rent in Magnolia, TX

As of March 27, 2025 the best value apartment in the Magnolia area is the $0.94 price per square foot 7255 Basque Country Dr Model at 7255 Basque Country Dr in the in the Forest Crossing neighborhood starting from $2,505. The second greatest value Magnolia apartment is the 723 Autumn Lake Ln Model at 723 Autumn Lake Ln starting at $2,175 with a $1.04 price per square foot . 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.
7255 Basque Country Dr7255 Basque Country Dr5BR,2.5BA$0.94
723 Autumn Lake Ln723 Autumn Lake Ln3BR,2BA$1.04
8042 Whisper Grove Dr8042 Whisper Grove Dr4BR,3BA$1.27
28702 Hidden Lk W28702 Hidden Lk W3BR,2BA$1.06
6907 Grant Dr6907 Grant Dr3BR,2BA$1.15
7219 Lazy Summer Ct7219 Lazy Summer Ct4BR,2BA$1.05
289 Country Crosing Cir289 Country Crosing Cir3BR,2BA$1.10
38318 Miranda Ln38318 Miranda Ln4BR,2BA$1.18
Tomball Ranch Apartments2 Beds 2 Baths2BR,2BA$1.25
Tomball Senior Village2x22BR,2BA$0.69

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.

decorative image of people with a giant lease agreement

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 #288

Among cities in Texas for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

decorative image of woman handing cat to small boy

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

Explore Magnolia, TX Rentals by Map

View MapMagnolia, TX Apartments MapView MapMagnolia, TX Rental Homes Map

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

What is the Cheapest Studio apartment in Magnolia?

Currently the most affordable Cheap Studio Apartment in Magnolia is at Villages of Magnolia listed at $994.

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

The lowest price for a Cheap One Bedroom Magnolia Apartment is $969 at Woodland Point.

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 $591 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 Crossings at Cherry and starts from $1,630.

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

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.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

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.

decorative image for How Your Move-In Inspection Can Protect Your Security Deposit  article

How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.