Rent in Magnolia, TX
Across Magnolia's 3 ZIP codes, a 2-bedroom typically rents for about $1,600 a month, with figures from $1,149–$1,870. The highest typical rent is in 77354 ($1,802) and the lowest in 77355 ($1,350). Owner-occupied homes in Montgomery County pay about 1.52% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.24% in the week of Oct 29, 2026.
Rent by bedrooms
| Size | Typical | Range across ZIPs | ZIPs |
|---|---|---|---|
| Studio | $1,320 | $1,183–$1,540 | 3 |
| 1 bed | $1,350 | $899–$1,580 | 3 |
| 2 beds | $1,600 | $1,149–$1,870 | 3 |
| 3 beds | $2,160 | $1,703–$2,520 | 3 |
| 4 beds | $2,670 | $2,055–$3,130 | 3 |
Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: HUD Small Area Fair Market Rents (Oct 1, 2026), Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).
Magnolia ZIP codes
2 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in Magnolia, TX?
- About $1,600 a month: the median of the typical rents in 3 ZIP codes, which range from $1,149–$1,870. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Magnolia, TX?
- About $1,350 a month: the median of the typical rents in 3 ZIP codes, which range from $899–$1,580. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Magnolia, TX?
- About $2,160 a month: the median of the typical rents in 3 ZIP codes, which range from $1,703–$2,520. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Magnolia, TX?
- About $1,320 a month: the median of the typical rents in 3 ZIP codes, which range from $1,183–$1,540. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Magnolia, TX?
- About $2,670 a month: the median of the typical rents in 3 ZIP codes, which range from $2,055–$3,130. Figures are gross rent (rent plus tenant-paid utilities).
- Which Magnolia ZIP code has the highest rent?
- For a 2-bedroom, 77354 has the highest typical rent at $1,802 a month, and 77355 the lowest at $1,350.
- What is the property tax rate in Magnolia, TX?
- Owner-occupied homes in Montgomery County pay a typical 1.52% of their value a year (Census ACS, median taxes paid ÷ median home value, Dec 31, 2024). Investors often pay more after a purchase: the home is reassessed at the sale price and there is no homestead exemption.
- What is the current 30-year mortgage rate?
- The 30-year fixed rate averaged 7.24% in the week of Oct 29, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
- Where do these Magnolia rent figures come from?
- HUD Small Area Fair Market Rents (Oct 1, 2026), Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).