Cheap Apartments for Rent in Lake Magdalene, FL from $500 (69 Rentals)

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Search the lowest-cost Apartments available for rent right now in Lake Magdalene.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Vista North
Rent Specials
$1,099 - $1,750
Total Monthly Price

Total Monthly Price

Base Rent
$1,099 - $1,750
Total Monthly Price
$1,099 - $1,750
1 to 3 Bedroom Apartments Available Now

Vista North

2200 Cedar Trace CirTampa, FL 33613
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Palm Square
Rent Specials
$1,125 - $1,775
Total Monthly Price

Total Monthly Price

Base Rent
$1,125 - $1,775
Total Monthly Price
$1,125 - $1,775
1 to 2 Bedroom Apartments Available Now

Palm Square

102 E 122nd AveTampa, FL 33612
Affordability
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  • Utilities Included

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Vista Palms
Rent Specials
$1,169 - $1,554
Total Monthly Price

Total Monthly Price

Base Rent
$1,169 - $1,554
Total Monthly Price
$1,169 - $1,554
1 to 2 Bedroom Apartments Available Now

Vista Palms

1701 E 131st AveTampa, FL 33612
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Serenity Lake Apartments
Rent Specials
$1,198 - $2,030
Total Monthly Price

Total Monthly Price

Base Rent
$1,198 - $2,030
Total Monthly Price
$1,198 - $2,030
1 to 2 Bedroom Apartments Available Now

Serenity Lake Apartments

14566 Seaford CirTampa, FL 33613
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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Carrollwood Station
$1,354 - $2,360
Total Monthly Price

Total Monthly Price

Base Rent
$1,354 - $2,360
Total Monthly Price
$1,354 - $2,360
1 to 2 Bedroom Apartments Available Now

Carrollwood Station

8781 White Swan DrTampa, FL 33614
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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Allora Uptown
Rent Specials
$1,574 - $2,375
Total Monthly Price

Total Monthly Price

Base Rent
$1,574 - $2,375
Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Allora Uptown

14350 Ambrosia StTampa, FL 33613
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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Showing Results 1-50, Page 1 of 2

Lake Magdalene, FL Local Guide

Cheapest Available Lake Magdalene Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lake Magdalene, FL is a Studio unit found at Copeland Village in the University Square neighborhood priced from $802. Bella Mar Apartment Homes in the University Square neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $899. Here is today’s list of the most affordable Lake Magdalene apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Copeland VillageStudioStudio,1BA$802
Bella Mar Apartment HomesOne Bedroom One Bath - A11BR,1BA$899
Regency Square ApartmentsSTUDStudio,1BA$929
Verra North1 Bedroom 1 Bath1BR,1BA$999
The Lenox ApartmentsThe MapleStudio,1BA$999
The Wave Apartments1/1S1BR,1BA$999
CountrywoodStudioStudio,1BA$1,029
The Bahia ApartmentsThe InletStudio,1BA$1,050
Deerpath on the LakeThe JuniperStudio,1BA$1,087
Viva Tampa1x1 Standard1BR,1BA$1,099

Best Value Apartments for Rent in Lake Magdalene, FL and Nearby

As of April 12, 2026 the best value apartment in the Lake Magdalene area is the $1.10 price per square foot $1500 In Free Rent + Reduced Rents! Model at Palm Flats Apartments in the in the University Square neighborhood starting from $1,399. The second greatest value Lake Magdalene apartment is the 3 Bed/1.5 Bath Model at Uptown Townhomes starting at $1,650 with a $1.32 price per square foot in the University Square neighborhood. Here is today’s list of the best values for Lake Magdalene apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Palm Flats Apartments$1500 In Free Rent + Reduced Rents!2BR,2BA$1.10
Uptown Townhomes3 Bed/1.5 Bath3BR,1.5BA$1.32
Uptown Palms ApartmentsC13BR,2BA$1.28
Reflections3/3U w/ Quartz Leased By The Room3BR,3BA$0.66
Oak Chase Apartments3/23BR,2BA$1.48
Palm Square2 bed 2 bath 9502BR,2BA$1.50
Villas at Deer Park ApartmentsFully Renovated 2 Bedroom 1 Bath Apartment2BR,1BA$1.63
Belara LakesHeron1BR,1BA$1.53
Timberfalls Apartment Homes2 Bedroom/1 Bath2BR,1BA$1.61
Avina North1 Bedroom 1 Bath1BR,1BA$1.60

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Lake Magdalene, FL Rentals by Map

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See the most popular apartments and homes in Lake Magdalene, FL

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Frequently Asked Questions about Cheap Lake Magdalene Apartments

What is the Cheapest Studio apartment in Lake Magdalene?

Currently the most affordable Cheap Studio Apartment in Lake Magdalene is at Copeland Village listed at $802.

How much is rent for a Cheap One Bedroom Lake Magdalene Apartment?

The lowest price for a Cheap One Bedroom Lake Magdalene Apartment is $999 at Verra North.

What is the lowest price for a Cheap Two Bedroom Lake Magdalene Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Lake Magdalene is starting from $1,099 at Bella Mar Apartment Homes.

What is the most affordable Lake Magdalene Three Bedroom Apartment?

The best deal on a cheap Lake Magdalene Three Bedroom Apartment rental is at Oak Chase Apartments and starts from $1,511.

Expert Rental Resources

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.

Articles, How-To's, and Tips

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.