Cheap Apartments for Rent near Lake Magdalene, FL from $500 (75 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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Serenity Lake Apartments
Rent Specials
$1,065 - $2,030
Total Monthly Price

Total Monthly Price

Base Rent
$1,065 - $2,030
Total Monthly Price
$1,065 - $2,030
1 to 2 Bedroom Apartments Available Now

Serenity Lake Apartments

14566 Seaford CirTampa, FL 33613
Corporate Housing
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  • 3D Tour

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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Palm Square
$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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  • Customer Reviewed
  • Utilities Included

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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Viridian Apartments
Rent Specials
$1,251 - $2,278
Total Monthly Price

Total Monthly Price

Base Rent
$1,251 - $2,278
Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Viridian Apartments

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

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
$1,291 - $2,517
Total Monthly Price

Total Monthly Price

Base Rent
$1,291 - $2,517
Total Monthly Price
$1,291 - $2,517
1 to 2 Bedroom Apartments Available Now

Carrollwood Station

8781 White Swan DrTampa, FL 33614
Affordability
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Allora Uptown
Rent Specials
$1,435 - $2,300
Total Monthly Price

Total Monthly Price

Base Rent
$1,435 - $2,300
Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Allora Uptown

14350 Ambrosia StTampa, FL 33613
Affordability
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  • Customer Reviewed
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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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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. Vista Palms 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
Vista PalmsA1R1BR,1BA$899
CountrywoodStudioStudio,1BA$899
RosewoodEFFStudio,1BA$900
Shadow Pines2BR/2.0BA2BR,2BA$940
Verra North1 Bedroom 1 Bath1BR,1BA$999
The Wave Apartments1/1S1BR,1BA$999
Bella Mar Apartment HomesOne Bedroom One Bath - A11BR,1BA$999
Belara LakesCrane1BR,1BA$1,062
Serenity Lake ApartmentsOne Bedroom One Bath1BR,1BA$1,065

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

As of July 14, 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 4-4U Premium w/ Quartz Countertops Model at Reflections starting at $779 with a $0.56 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
Reflections4-4U Premium w/ Quartz Countertops4BR,4BA$0.56
Shadow Pines3BR/2.0BA3BR,2BA$1.42
Forest Lake2BR/2BA - B3 Standard2BR,2BA$0.95
Palm Flats Apartments2/22BR,2BA$1.39
The Bahia ApartmentsThe Bay2BR,2BA$1.40
U Lake2x2 B2BR,2BA$1.17
Belara LakesCrane1BR,1BA$1.38
Avina North1 Bedroom 1 Bath1BR,1BA$1.60
Ascott Place ApartmentsRoyal1BR,1BA$1.59

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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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 $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 Vista Palms.

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 Vista North and starts from $1,600.

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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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.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.