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Rental Market Trends in Magnolia, TX

What is the average rent in Magnolia, TX?

$1,216/month

Average Rent

731 Sq Ft

Average Apartment Size

-7.3%

Decrease in the Last Year

As of June 2025, the average rent in Magnolia, TX is $1,216 per month. This is 25% lower than the national average rent of $1,627/month, making renting in Magnolia more affordable than most cities in the US. When you rent an apartment in Magnolia, you can expect to pay about $1,025 per month for a studio, $1,216 for a one-bedroom apartment, and around $1,633 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,118 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,025/month
430 Sq Ft
One Bedroom
$1,216/month
731 Sq Ft
Two Bedroom
$1,633/month
1,122 Sq Ft
Three Bedroom
$2,118/month
1,401 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$1,980/month
680 Sq Ft
Four Bedroom
$2,993/month
655 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,234/month
568 Sq Ft
Two Bedroom
$1,731/month
669 Sq Ft
Three Bedroom
$2,029/month
569 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Magnolia, TX?

In the past year, rent has decreased by 7.3%, which averages out to $88 less per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated June 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Magnolia, TX
Last Updated June 2025
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Magnolia, TX
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
50% $1,001 - $1,500/month
30% $1,501 - $2,000/month
20% Above $2,000/month

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Magnolia?

Based on current rent prices, Woodlane Forest, Lynwood and Ascot Farms are the most affordable neighborhoods in Magnolia.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Woodlane Forest
$1,356/month
643 Sq Ft
Lynwood
$1,378/month
808 Sq Ft
Ascot Farms
$1,401/month
680 Sq Ft
Westwood North
$1,667/month
783 Sq Ft

What are the most expensive neighborhoods in Magnolia?

Based on current rent prices, Westwood North, Ascot Farms and Lynwood are the most expensive neighborhoods in Magnolia.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Westwood North
$1,667/month
783 Sq Ft
Ascot Farms
$1,401/month
680 Sq Ft
Lynwood
$1,378/month
808 Sq Ft
Woodlane Forest
$1,356/month
643 Sq Ft

Which Magnolia neighborhoods have the most rentals available?

The neighborhoods in Magnolia with the most apartments available are Ascot Farms, Woodlane Forest and Lynwood .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Ascot Farms
$1,401/month
680 Sq Ft
Woodlane Forest
$1,356/month
643 Sq Ft
Lynwood
$1,378/month
808 Sq Ft
Westwood North
$1,667/month
783 Sq Ft
This information is based on data collected by CoStar Group researchers.†

What salary do I need to live comfortably in Magnolia, TX?

Because the average rent in Magnolia is $1,216, you’ll want to make about $4,053 per month or $48,636 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Magnolia, TX

585 Available Apartments for Rent

Search for Nearby Apartments

How does Magnolia, TX compare to other nearby cities and neighborhoods?

Use the tool below to compare Magnolia, TX to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for Magnolia, TX

Apartment Averages

Woodlane Forest

Magnolia, TX

Westwood North

Magnolia, TX

Studio
-
-
One Bedroom
-
$1,267/month
Two Bedroom
-
$1,669/month
Three Bedroom
-
$2,278/month
Search
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Nearby City Rent Trends

  • Tomball Average Rent
  • Montgomery Average Rent
  • The Woodlands Average Rent
  • Conroe Average Rent
  • Waller Average Rent
  • Prairie View Average Rent
  • Cypress Average Rent

Apartment communities in Magnolia we think you'll love

The Cottages at Buckshot Landing

The Cottages at Buckshot Landing

33455 Buckshot Ln,
Magnolia, TX 77354

2-3 Beds | $1,950 - $2,400

Allora Magnolia

Allora Magnolia

4255 Magnolia Village Dr,
Magnolia, TX 77354

1-2 Beds | $1,270 - $1,950

Woodland Landings

Woodland Landings

5402 FM 1488,
Magnolia, TX 77354

1-3 Beds | $952 - $1,825

The Cottages at Magnolia

The Cottages at Magnolia

38634 Spur 149 Rd,
Magnolia, TX 77354

2-3 Beds | $1,975 - $2,225

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United States Texas Magnolia Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity