Cheap Apartments for Rent near Lake Magdalene, FL from $509 (74 Rentals)

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

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Live Oak Apartments
$1,019 - $1,229
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$1,019 - $1,229
Total Monthly Price
$1,019 - $1,229
Studio to 1 Bedroom Apartments Available Now

Live Oak Apartments

2232 N Spring Glade CirTampa, FL 33613
Affordability
  • Verified
  • Customer Reviewed
  • Utilities Included

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Palm Square
$1,120 - $1,870
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Total Monthly Price

Base Rent
$1,120 - $1,870
Total Monthly Price
$1,120 - $1,870
1 to 2 Bedroom Apartments Available Now

Palm Square

102 E 122nd AveTampa, FL 33612
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  • Customer Reviewed
  • Utilities Included
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Viridian Apartments
Rent Specials
$1,142 - $2,263
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$1,142 - $2,263
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1 to 3 Bedroom Apartments Available Now

Viridian Apartments

12702 University Club DrTampa, FL 33612
Corporate Housing
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  • Utilities Included

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Carrollwood Station
$1,323 - $2,772
Total Monthly Price

Total Monthly Price

Base Rent
$1,323 - $2,772
Total Monthly Price
$1,323 - $2,772
1 to 2 Bedroom Apartments Available Now

Carrollwood Station

8781 White Swan DrTampa, FL 33614
Affordability
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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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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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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 4 Beds unit found at The Social in the University Square neighborhood priced from $509. Copeland Village in the University Square neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $762. Here is today’s list of the most affordable Lake Magdalene apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Social4 Bedroom 4 Bathroom4BR,4BA$509
Copeland VillageStudioStudio,1BA$762
ULake2x2 B (Per Bed)2BR,2BA$845
Bella Mar Apartment HomesOne Bedroom One Bath - A1R1BR,1BA$850
Lago Bello Apartment Homes1 Bedroom/1 Bath1BR,1BA$899
Vista PalmsA1R1BR,1BA$899
RosewoodEFFStudio,1BA$900
Shadow Pines2BR/2.0BA2BR,2BA$940
Verra North1 Bedroom 1 Bath1BR,1BA$999
The Wave Apartments1/1S1BR,1BA$999

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

As of August 28, 2026 the best value apartment in the Lake Magdalene area is the $1.32 price per square foot 3 Bed 2 Bath Model at Columbia Park Apartments in the in the University Square neighborhood starting from $1,850. The second greatest value Lake Magdalene apartment is the $1500 IN FREE RENT | $500 OFF SEPTEMBER + OCTOB... Model at Palm Flats Apartments starting at $1,350 with a $1.06 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.
Columbia Park Apartments3 Bed 2 Bath3BR,2BA$1.32
Palm Flats Apartments$1500 IN FREE RENT | $500 OFF SEPTEMBER + OCTOB...2BR,2BA$1.06
Shadow Pines3BR/2.0BA3BR,2BA$1.42
Reflections3/3U w/ Quartz Leased By The Room3BR,3BA$0.67
Forest Lake2BR/2BA - B1 Platinum2BR,2BA$0.98
The Social2 Bedroom 2 Bath - Premium2BR,2BA$0.75
Windsor ManorB12BR,1BA$1.35
The Bahia ApartmentsThe Canal2BR,1BA$1.38
Belara LakesCrane1BR,1BA$1.41
Bella Mar Apartment HomesOne Bedroom One Bath - A11BR,1BA$1.42

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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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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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 $762.

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

The lowest price for a Cheap One Bedroom Lake Magdalene Apartment is $850 at Bella Mar Apartment Homes.

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 $845 at ULake.

What is the most affordable Lake Magdalene Three Bedroom Apartment?

The best deal on a cheap Lake Magdalene Three Bedroom Apartment rental is at Uptown Palms Apartments and starts from $1,549.

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

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.