
Cheap Homes for Rent near Lake Magdalene, FL from $1,200 (15 Rentals)
Search the lowest-cost Homes available for rent right now in Lake Magdalene.


13725 Juniper Blossom Dr

238 Sunset Cir

13761 Juniper Blossom Dr

12407 Oak Cedar Pl
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.

201 Poinsettia Pine Ct

307 Oak Rose Ln

13832 Orange Sunset Dr

12406 Hibiscus Oak Pl, Unit Apt 202

12403 Hibiscus Oak Pl
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.

13753 Orange Sunset Dr

16671 Brigadoon Dr

1202 La Brad Ln

13698 Orange Sunset Dr

13612 S Village Dr
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.
Lake Magdalene, FL Local Guide

How much does it cost to rent a home in Lake Magdalene?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lake Magdalene 2 Bedroom Homes for Rent | $1,690 | $1,300 | $2,300 |
| Lake Magdalene 3 Bedroom Homes for Rent | $2,393 | $1,800 | $2,950 |
| Lake Magdalene 4 Bedroom Homes for Rent | $5,100 | $2,700 | $7,500 |
Browse Top Homes for Rent in Lake Magdalene
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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 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Social | 4 Bedroom 4 Bathroom | 4BR,4BA | $509 |
| Copeland Village | Studio | Studio,1BA | $762 |
| ULake | 2x2 B (Per Bed) | 2BR,2BA | $845 |
| Bella Mar Apartment Homes | One Bedroom One Bath - A1R | 1BR,1BA | $850 |
| Lago Bello Apartment Homes | 1 Bedroom/1 Bath | 1BR,1BA | $899 |
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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Columbia Park Apartments | 3 Bed 2 Bath | 3BR,2BA | $1.32 |
| Palm Flats Apartments | $1500 IN FREE RENT | $500 OFF SEPTEMBER + OCTOB... | 2BR,2BA | $1.06 |
| Shadow Pines | 3BR/2.0BA | 3BR,2BA | $1.42 |
| Reflections | 3/3U w/ Quartz Leased By The Room | 3BR,3BA | $0.67 |
| Forest Lake | 2BR/2BA - B1 Platinum | 2BR,2BA | $0.98 |
| The Social | 2 Bedroom 2 Bath - Premium | 2BR,2BA | $0.75 |
| Windsor Manor | B1 | 2BR,1BA | $1.35 |
| The Bahia Apartments | The Canal | 2BR,1BA | $1.38 |
| Belara Lakes | Crane | 1BR,1BA | $1.41 |
| Bella Mar Apartment Homes | One Bedroom One Bath - A1 | 1BR,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.
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 Lake Magdalene
What type of rentals are currently available in Lake Magdalene?
There are currently 76 Apartments for Rent in Lake Magdalene, FL with pricing that ranges from $509 to $8,310. There are also 43 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Magdalene ranging from $1,200 to $7,500.
What is the current price range for Rental Homes in Lake Magdalene?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Lake Magdalene ranges from $1,200 to $7,500 with an average monthly rent of $2,099.
How much are larger Three and Four Bedroom Rentals in Lake Magdalene?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Lake Magdalene range from $750 to $3,083, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,800 to $2,950. Four Bedroom Single-Family rentals are also available starting from $2,700 and Four Bedroom Apartments start at $509.
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

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.

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.

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.

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.