
Cheap Apartments for Rent in the Magnolia Neighborhood of New Orleans, LA from $400 (27 Rentals)
Search the lowest-cost Apartments available for rent right now in the Magnolia area of New Orleans.


2213 Clara St

Belle Reve at H3C -Senior 55+

Harmony Oaks Apartments

The Georgian

Gravier Place Apartments

1915 Martin Luther King Jr Blvd

Marrero Commons Apartments

The Muses Apartment Homes

Hibernia Tower Apartments
New Orleans's Best Affordable Neighborhoods
Learn about New Orleans and the best places to live with original content written by our Minneapolis, MN Local Expert Melissa Maxwell

2930 Louisiana Ave, Unit C

The Dr.Everett and Melva Williams Building

King Rampart Senior Living
Magnolia, New Orleans, LA Local Guide

How much does it cost to rent an apartment in Magnolia?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Magnolia Studio Apartments | $1,576 | $1,102 | $3,753 |
Magnolia 1 Bedroom Apartments | $1,993 | $875 | $5,421 |
Magnolia 2 Bedroom Apartments | $3,236 | $400 | $10,000+ |
Magnolia 3 Bedroom Apartments | $1,623 | $1,126 | $4,100 |
Magnolia 4 Bedroom Apartments | $1,945 | $1,288 | $2,247 |
Browse Apartments in this Neighborhood
There are currently 27 rentals with your search options within a 1 mile radius of the Magnolia Neighborhood of New Orleans, LA.
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Magnolia, New Orleans, LA Local Guide
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Cheapest Neighborhoods for Apartments in Magnolia, LA
Pricing Updated: 03/21/2025Current apartment rentals in the Magnolia, LA 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:
Neighborhood | Median Price | Min Price | Available Units |
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Cheapest Available Magnolia Apartments for Rent
 The cheapest available apartment rental in the Magnolia area of New Orleans, LA is a 2 Beds unit found at Harmony Oaks Apartments priced from $1,055. Gravier Place Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,109. Here are the most affordable Magnolia apartments for rent in New Orleans, LA:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Harmony Oaks Apartments | 2 Bedroom Tax Credit*** | 2BR,1BA | $1,055 |
Gravier Place Apartments | 1 Bedroom Apartment | 1BR,1BA | $1,109 |
1711 Second St | One Bedroom UNIT 5 | 1BR,1BA | $1,175 |
The Georgian | Studio | Studio,1BA | $1,191 |
Moss-Bauer | 1x1 | 1BR,1BA | $1,200 |
Marrero Commons Apartments | 3 Bedroom Tax Credit*** | 3BR,2BA | $1,208 |
Hibernia Tower Apartments | 1 Bedroom | 1BR,1BA | $1,302 |
Four Winds | Eos | 1BR,1BA | $1,410 |
Best Value Apartments for Rent in Magnolia, LA
As of March 21, 2025 the best value apartment in the Magnolia area is the $0.95 price per square foot 1912 General Pershing St Model at 1912 General Pershing St, Unit Upstairs unit in the in the Irish Channel neighborhood starting from $1,900. The second greatest value Magnolia apartment is the 4 Bedroom Townhome Model at Marrero Commons Apartments starting at $2,247 with a $1.66 price per square foot in the Dixon 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. |
---|---|---|---|
1912 General Pershing St, Unit Upstairs unit | 1912 General Pershing St | 3BR,1BA | $0.95 |
Marrero Commons Apartments | 4 Bedroom Townhome | 4BR,3BA | $1.66 |
Hibernia Tower Apartments | 1 Bedroom | 1BR,1BA | $1.48 |
1711 Second St | One Bedroom UNIT 5 | 1BR,1BA | $1.47 |
The Howard Luxury Apartments | The Tivoli | 1BR,1BA | $2.22 |
2024 Coliseum St, Unit 4 | 2024 Coliseum St | 1BR,1BA | $2.01 |
Harmony Oaks Apartments | One Bedroom Garden | 1BR,1BA | $2.00 |
2930 Louisiana Ave, Unit C | 2930 Louisiana Ave | 1BR,1BA | $2.08 |
Moss-Bauer | 1x1 | 1BR,1BA | $1.93 |
Gravier Place Apartments | 1 Bedroom Apartment | 1BR,1BA | $1.80 |
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.
Pet Friendly LifestyleMagnolia, New Orleans, LA
Ranked #23
Among neighborhoods in New Orleans, LA for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Lifestyle Ratings
ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals and neighborhoods across the USA, including Magnolia, New Orleans, and the greater New Orleans area. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including our Star Ratings to compare for the best outdoor access, luxury amenities, pet-friendly features, places to raise kids, proximity to transit, and more. These search options are in the site filters at the top of this page.
Frequently Asked Questions about Cheap Magnolia Apartments
What is a cheap apartment in Magnolia?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Magnolia is under $1,410.
What is the price of a cheap apartment in Magnolia?
The cheapest apartment in Magnolia is Gravier Place Apartments which is listed at $1,109, while the average apartment in Magnolia costs $2,412.
What types of apartments are the cheapest in Magnolia?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 171 regular apartments in Magnolia that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Magnolia?
Cheap apartments in Magnolia have an average cost of $904 which is $1,508 cheaper than the average rent for all rentals in Magnolia.
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.

A Local Expert’s Top Budget-Friendly Neighborhoods to Rent in New Orleans
Written by: Melissa Maxwell
New Orleans is known as The Big Easy, but it's not always easy on the wallet! It's a city built around attracting tourists, so naturally everything is going to be on the pricey side.

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.

What to Know About Fees and Fines When Renting
Written by: Trey Huguley
When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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.