Cheap Apartments for Rent in the Magnolia Neighborhood of New Orleans, LA from $400 (27 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Magnolia area of New Orleans.

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

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Flint Goodridge
Studio to 2 Bedroom Apartments

Flint Goodridge

2425 Louisiana AveNew Orleans, LA 70115
Senior Living
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3615 St Charles Ave
1 Bedroom Apartments

3615 St Charles Ave

3615 St Charles AveNew Orleans, LA 70115
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King Rampart Senior Living
1 to 2 Bedroom Apartments

King Rampart Senior Living

1931 Martin Luther King Jr BlvdNew Orleans, LA 70113
Senior Living
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Forest Park
1 Bedroom Apartments

Forest Park

2309-2311 6th StNew Orleans, LA 70113
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River Garden Elderly
1 Bedroom Apartments

River Garden Elderly

2017 Laurel St ParkNew Orleans, LA 70130
Senior Living
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1711 Second St
Studio to 1 Bedroom Apartments

1711 Second St

1711 Second StNew Orleans, LA 70113
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Moss-Bauer
1 to 2 Bedroom Apartments

Moss-Bauer

703 Carondelet StNew Orleans, LA 70130
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803 Felicity
2 Bedroom Apartments

803 Felicity

803 Felicity StNew Orleans, LA 70130
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Saratoga Apartments
1 to 2 Bedroom Apartments

Saratoga Apartments

212 Loyola AveNew Orleans, LA 70112
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Magnolia, New Orleans, LA Local Guide

Cheapest Neighborhoods for Apartments in Magnolia, LA

Pricing Updated: 03/21/2025

Current 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:

NeighborhoodMedian PriceMin PriceAvailable Units

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 ListingModel NameBed/BathPriced From
Harmony Oaks Apartments2 Bedroom Tax Credit***2BR,1BA$1,055
Gravier Place Apartments1 Bedroom Apartment1BR,1BA$1,109
1711 Second StOne Bedroom UNIT 51BR,1BA$1,175
The GeorgianStudioStudio,1BA$1,191
Moss-Bauer1x11BR,1BA$1,200
Marrero Commons Apartments3 Bedroom Tax Credit***3BR,2BA$1,208
Hibernia Tower Apartments1 Bedroom1BR,1BA$1,302
Four WindsEos1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
1912 General Pershing St, Unit Upstairs unit1912 General Pershing St3BR,1BA$0.95
Marrero Commons Apartments4 Bedroom Townhome4BR,3BA$1.66
Hibernia Tower Apartments1 Bedroom1BR,1BA$1.48
1711 Second StOne Bedroom UNIT 51BR,1BA$1.47
The Howard Luxury ApartmentsThe Tivoli1BR,1BA$2.22
2024 Coliseum St, Unit 42024 Coliseum St1BR,1BA$2.01
Harmony Oaks ApartmentsOne Bedroom Garden1BR,1BA$2.00
2930 Louisiana Ave, Unit C2930 Louisiana Ave1BR,1BA$2.08
Moss-Bauer1x11BR,1BA$1.93
Gravier Place Apartments1 Bedroom Apartment1BR,1BA$1.80

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Pet Friendly Lifestyle
Magnolia, New Orleans, LA

Ranked #23

Among neighborhoods in New Orleans, LA for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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.

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A Local Expert’s Top Budget-Friendly Neighborhoods to Rent in New Orleans

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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.

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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

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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.

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What to Know About Fees and Fines When Renting

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

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