
Cheap Apartments for Rent in Lake Magdalene, FL from $500 (71 Rentals)
Search the lowest-cost Apartments available for rent right now in Lake Magdalene.


Countrywood

Bella Mar Apartment Homes

Rosewood

13106 Leisurewood Pl

The Lenox Apartments

The Wave Apartments

Verra North

Vista Palms

The Livingston
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.

The Bahia Apartments

Belara Lakes

Live Oak Apartments

Windwood Oaks Apartments

Viva Tampa

Vista North

Regency Square Apartments

Oak Chase Apartments

Park at Lake Magdalene Apartments and Townhomes

Total Monthly Price
Palm Square
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.

Deerpath on the Lake

Timberfalls Apartment Homes

Lago Bello Apartment Homes

Seven Lakes at Carrollwood

Palencia

Park East

The Park on Waters

Total Monthly Price
Serenity Lake Apartments

Avina North

The Grove Apartments
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.

Haven at Waters Edge

Sunscape Apartment Homes

Total Monthly Price
Viridian Apartments

Windsor Manor

REVERE LANDINGS

Ascott Place Apartments

Avion at Carrollwood

Waterstone at Carrollwood

Palm Flats Apartments

Total Monthly Price
Carrollwood Station
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 Landings At Cypress Meadows

MAA Belmere

Total Monthly Price
Arbors at Carrollwood

Great location and amazing prices

Villas at Deer Park Apartments

Lakes of Northdale Apartments

Total Monthly Price
The Pointe at Carrollwood

MAA Carrollwood

Shadow Pines

Oakwood Apartments
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.
Lake Magdalene, FL Local Guide

How much does it cost to rent an apartment in Lake Magdalene?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lake Magdalene Studio Apartments | $1,068 | $862 | $1,411 |
| Lake Magdalene 1 Bedroom Apartments | $1,326 | $995 | $2,554 |
| Lake Magdalene 2 Bedroom Apartments | $1,629 | $799 | $2,633 |
| Lake Magdalene 3 Bedroom Apartments | $1,869 | $769 | $3,401 |
| Lake Magdalene 4 Bedroom Apartments | $1,304 | $509 | $8,309 |
Browse Top Apartments in Lake Magdalene
See all Apartments in Lake MagdaleneExplore Lake Magdalene
Lake Magdalene, FL Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Copeland Village | Studio | Studio,1BA | $762 |
| Bella Mar Apartment Homes | One Bedroom One Bath - A1 | 1BR,1BA | $899 |
| Countrywood | Studio | Studio,1BA | $899 |
| Rosewood | EFF | Studio,1BA | $900 |
| Verra North | 1 Bedroom 1 Bath | 1BR,1BA | $999 |
| The Wave Apartments | 1/1S | 1BR,1BA | $999 |
| The Livingston | The Marlow | 1BR,1BA | $1,038 |
| Vista Palms | A1R | 1BR,1BA | $1,049 |
| Belara Lakes | Crane | 1BR,1BA | $1,062 |
| Regency Square Apartments | 1/1 | 1BR,1BA | $1,099 |
Best Value Apartments for Rent in Lake Magdalene, FL and Nearby
As of May 29, 2026 the best value apartment in the Lake Magdalene area is the $1.44 price per square foot C1 Model at Windsor Manor in the in the West Tampa neighborhood starting from $1,960. 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Windsor Manor | C1 | 3BR,1.5BA | $1.44 |
| Uptown Townhomes | 3 Bed/1.5 Bath | 3BR,1.5BA | $1.32 |
| Forest Lake | 2BR/2BA - B3 Standard | 2BR,2BA | $0.93 |
| Oak Chase Apartments | 3/2 | 3BR,2BA | $1.48 |
| Palm Flats Apartments | 2/2 | 2BR,2BA | $1.39 |
| The Bahia Apartments | The Bay | 2BR,2BA | $1.40 |
| Timberfalls Apartment Homes | 1 Bedroom/1 Bath | 1BR,1BA | $1.42 |
| U Lake | 2x2 B | 2BR,2BA | $1.17 |
| Belara Lakes | Crane | 1BR,1BA | $1.38 |
| Vista North | A1R | 1BR,1BA | $1.52 |
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.
Read ArticleReal 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.
Read ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Lake Magdalene, FL Rentals by Map
See the most popular apartments and homes in Lake Magdalene, FL
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 $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 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

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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.