Cheap Homes for Rent in Lake Magdalene, FL from $900 (43 Rentals)

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

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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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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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.

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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.

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Showing Results 1-43, Page 1 of 1

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 $813. Shadow Pines in the University Square neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $940. Here is today’s list of the most affordable Lake Magdalene apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Copeland VillageStudioStudio,1BA$813
Shadow Pines2BR/2.0BA2BR,2BA$940
Verra North1 Bedroom 1 Bath1BR,1BA$999
Oakwood Apartments1 Bedroom1BR,1BA$1,000
Bella Mar Apartment HomesOne Bedroom One Bath - A11BR,1BA$1,039
Vista PalmsA21BR,1BA$1,044
Uptown Townhomes1 Bed / 1 Bath1BR,1BA$1,050
PalenciaMadrid1BR,1BA$1,060
Live Oak ApartmentsStudioStudio,1BA$1,079
Park at Lake Magdalene Apartments and TownhomesStudioStudio,1BA$1,090

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

As of August 14, 2025 the best value apartment in the Lake Magdalene area is the $1.36 price per square foot 3 Bed 2 Bath Model at Columbia Park Apartments in the in the University Square neighborhood starting from $1,900. The second greatest value Lake Magdalene apartment is the 2/2.5 Model at Palm Flats Apartments starting at $1,650 with a $1.30 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$1.36
Palm Flats Apartments2/2.52BR,2BA$1.30
Uptown Palms ApartmentsC13BR,2BA$1.36
2818 Somerset Park Dr2818 Somerset Park Dr2BR,2BA$1.50
Shadow Pines3BR/2.0BA3BR,2BA$1.42
Reflections3/3U w/ Quartz Leased By The Room3BR,3BA$0.68
Belara LakesHeron1BR,1BA$1.66
Timberfalls Apartment Homes1 Bedroom/1 Bath1BR,1BA$1.42
Revere Landings1 Bedroom, 1 Bathroom1BR,1BA$1.63
Regency Square Apartments1/11BR,1BA$1.68

Quick Rent Budget Calculator

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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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Frequently Asked Questions about Lake Magdalene

What type of rentals are currently available in Lake Magdalene?

There are currently 79 Apartments for Rent in Lake Magdalene, FL with pricing that ranges from $509 to $7,670. There are also 154 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Magdalene ranging from $900 to $16,500.

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 $900 to $16,500 with an average monthly rent of $5,266.

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 $679 to $5,810, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,295 to $5,000. Four Bedroom Single-Family rentals are also available starting from $950 and Four Bedroom Apartments start at $509.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.