Oasis at Magnolia
33200 Forest West Street,
Magnolia, TX 77354
1-3 Beds | $1,566 - $3,104
Rental Market Trends in Magnolia, TX
Updated July 2026
What is the average rent in Magnolia, TX?
$1,270/month
Average Rent
737 Sq Ft
Average Size
-2.2%
Change / Year
620
Available Apartments
Magnolia, TX Rental Market Overview
The average rent in Magnolia, TX is $1,270 per month. This is 24% lower than the national average rent of $1,662/month, making renting in Magnolia more affordable than most cities in the US.
- Studio apartments in Magnolia average $1,042 per month.
- One-bedroom apartments in Magnolia average $1,270 per month.
- Two-bedroom apartments in Magnolia average $1,739 per month.
- Three-bedroom apartments in Magnolia average $2,194 or more per month.
Data Updated: July 1, 2026
Average Rent by Home Type
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
How much has average rent changed in Magnolia, TX?
In the past year, rent has decreased by 2.2%, which averages out to $28 less per month.
Market Trends Over Time
July 2026
2025
2026
Rent Ranges in Magnolia, TX
July 2026
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
0%
$700 - $1,000/month
42%
$1,001 - $1,500/month
33%
$1,501 - $2,000/month
25%
Above $2,000/month
Rent by Neighborhood
What are the most affordable neighborhoods in Magnolia?
Based on current rent prices, Woodlane Forest, Ascot Farms and Lynwood are the most affordable neighborhoods in Magnolia.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Magnolia?
Based on current rent prices, Westwood North, Lynwood and Ascot Farms are the most expensive neighborhoods in Magnolia.
Neighborhood
Average Rent
Average Sq Ft
Which Magnolia neighborhoods have the most rentals available?
The neighborhoods in Magnolia with the most apartments available are Ascot Farms, Westwood North and Woodlane Forest .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Magnolia, TX?
Because the average rent in Magnolia is $1,270, you’ll want to make about $4,233 per month or $50,796 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.
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.
View the Magnolia Area GuideStudio
-
-
One Bedroom
-
$1,171/month
Two Bedroom
-
$1,566/month
Three Bedroom
-
$2,196/month
Compare Rent Trends Nearby
Get a clearer picture of the area by viewing rent trends in nearby cities.
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Frequently Asked Questions
What is the average rent in Magnolia?
The average rent in Magnolia is $1,270 per month, which is 23.6% lower than the national average of $1,662.
What is the average rent for a house in Magnolia?
The average rent for a house in Magnolia, TX is $2,057 per month.
Are rents going up or down in Magnolia?
Rents in Magnolia, TX are decreasing, with prices down 2.2% year-over-year and $28 less per month.
What rent range is most common in Magnolia?
In Magnolia, TX, 42% of apartments fall between $1,001 - $1,500/month, though prices may vary depending on location and other factors.
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 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.
* Percentages may not total 100 due to rounding.