Cheap Apartments for Rent in Lake Magdalene, FL from $600 (37 Rentals)

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

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.

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.

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.

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.

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 $762. 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$762
Bella Mar Apartment HomesOne Bedroom One Bath - A11BR,1BA$899
CountrywoodStudioStudio,1BA$899
Shadow Pines2BR/2.0BA2BR,2BA$940
Verra North1 Bedroom 1 Bath1BR,1BA$999
The Wave Apartments1/1S1BR,1BA$999
Lago Bello Apartment Homes1 Bedroom/1 Bath1BR,1BA$999
Live Oak ApartmentsStudioStudio,1BA$1,090
Cinnamon Cove Apartments1x1 Standard1BR,1BA$1,099
Regency Square Apartments1/11BR,1BA$1,099

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

As of January 11, 2026 the best value apartment in the Lake Magdalene area is the $1.49 price per square foot Osprey Model at Belara Lakes in the in the West Tampa neighborhood starting from $2,159. The second greatest value Lake Magdalene apartment is the C1 Model at Uptown Palms Apartments starting at $1,599 with a $1.28 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.
Belara LakesOsprey3BR,2BA$1.49
Uptown Palms ApartmentsC13BR,2BA$1.28
Uptown Townhomes3 Bed/1.5 Bath3BR,1.5BA$1.32
Shadow Pines3BR/2.0BA3BR,2BA$1.42
Reflections3/3U w/ Quartz Leased By The Room3BR,3BA$0.78
Forest Lake2BR/2BA - B1 Platinum2BR,2BA$0.94
Palm Flats Apartments2/22BR,2BA$1.39
Vista NorthB12BR,1.5BA$1.48
Regency Square Apartments1/11BR,1BA$1.57
Bella Mar Apartment HomesOne Bedroom One Bath - A11BR,1BA$1.50

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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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 $899 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 $940 at Shadow Pines.

What is the most affordable Lake Magdalene Three Bedroom Apartment?

The best deal on a cheap Lake Magdalene Three Bedroom Apartment rental is at Regency Square Apartments and starts from $1,499.

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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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.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!