Cheap Homes for Rent in Magnolia Neighborhood of New Orleans, LA from $1,000 (9 Rentals)

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

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Magnolia, New Orleans, LA Local Guide

Cheapest Available Magnolia Apartments for Rent

 

The cheapest available apartment rental in the Magnolia area of New Orleans, LA is a 1 Bed unit found at Marrero Commons Apartments priced from $932. Harmony Oaks Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $932. Here are the most affordable Magnolia apartments for rent in New Orleans, LA:

Apartment ListingModel NameBed/BathPriced From
Marrero Commons Apartments1 Bedroom Tax Credit***1BR,1BA$932
Harmony Oaks Apartments1 Bedroom Tax Credit***1BR,1BA$932
Gravier Place Apartments1 Bedroom Apartment1BR,1BA$1,056

Best Value Apartments for Rent in Magnolia, LA

As of May 11, 2025 the best value apartment in the Magnolia area is the $1.76 price per square foot 3 Bedroom Apartment Model at Gravier Place Apartments in the in the Vieux Carre neighborhood starting from $2,641. 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.
Gravier Place Apartments3 Bedroom Apartment3BR,3BA$1.76
Marrero Commons Apartments4 Bedroom Townhome4BR,3BA$1.66
Hibernia Tower Apartments2 Bedroom2BR,2BA$1.79
4422 Carondelet Street4422 Carondelet Street2BR,2.5BA$2.08
803 Felicity2BR/1.0BA2BR,1BA$1.47
2121-2131 Louisiana Ave1BR/1BA1BR,1BA$1.73
930 Poydras1 bedroom1BR,1BA$2.03
The Howard Luxury Apartments1BR/1.0BA1BR,1BA$2.00
Harmony Oaks ApartmentsOne Bedroom Garden1BR,1BA$2.00
2930 Louisiana Ave, Unit C2930 Louisiana Ave1BR,1BA$2.08

Quick Rent Budget Calculator

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Frequently Asked Questions about Magnolia

What type of rentals are currently available in Magnolia?

There are currently 545 Apartments for Rent in Magnolia, LA with pricing that ranges from $400 to $12,182. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Magnolia ranging from $1,095 to $7,500.

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 $1,095 to $7,500 with an average monthly rent of $2,952.

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 $1,126 to $6,337, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,300 to $5,500. Four Bedroom Single-Family rentals are also available starting from $3,200 and Four Bedroom Apartments start at $1,370.

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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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

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If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.