
Cheap Apartments for Rent in the Lake Magdalene Neighborhood of Tampa, FL from $600 (32 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lake Magdalene area of Tampa.


Copeland Village

1264 E 113th Ave

Regency Square Apartments

Verra North
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.

Bella Mar Apartment Homes

Countrywood

Curiosity Creek Apartments

Vista Palms

Windwood Oaks Apartments

Azure East Owner LLC

Lago Bello Apartment Homes

Cinnamon Cove Apartments

1323 Baywatch Loop
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.

The Grove Apartments

1347 Baywatch Loop
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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Lake Magdalene, Tampa, 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 | $1,237 | $799 | $1,653 |
Lake Magdalene 1 Bedroom Apartments | $1,344 | $614 | $1,863 |
Lake Magdalene 2 Bedroom Apartments | $1,749 | $728 | $2,315 |
Lake Magdalene 3 Bedroom Apartments | $2,171 | $833 | $3,500 |
Lake Magdalene 4 Bedroom Apartments | $1,301 | $923 | $1,680 |
Browse Apartments in this Neighborhood
There are currently 32 rentals with your search options within a 2 mile radius of the Lake Magdalene Neighborhood of Tampa, FL.
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Lake Magdalene, Tampa, FL Local Guide
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Cheapest Available Lake Magdalene Apartments for Rent
 The cheapest available apartment rental in the Lake Magdalene area of Tampa, FL is a 1 Bed unit found at Haley Park priced from $721. Copeland Village has the second lowest priced unit, which is a Studio apartment currently listed from $799. Here are the most affordable Lake Magdalene apartments for rent in Tampa, FL:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Haley Park | One Bedroom-One Bath | 1BR,1BA | $721 |
Copeland Village | Studio | Studio,1BA | $799 |
Shadow Pines | 2BR/2.0BA | 2BR,2BA | $940 |
Verra North | 1 Bedroom 1 Bath | 1BR,1BA | $999 |
Oakwood Apartments | 1 Bedroom | 1BR,1BA | $1,000 |
Palms at Sand Lake | A1 | 1BR,1BA | $1,002 |
Bella Mar Apartment Homes | One Bedroom One Bath - A1 | 1BR,1BA | $1,039 |
Countrywood | Studio | Studio,1BA | $1,049 |
Curiosity Creek Apartments | Studio | Studio,1BA | $1,065 |
Vista Palms | A2 | 1BR,1BA | $1,144 |
Best Value Apartments for Rent in Lake Magdalene, FL
As of June 24, 2025 the best value apartment in the Lake Magdalene area is the $1.34 price per square foot 2/2.5 Model at Palm Flats Apartments in the in the University Square neighborhood starting from $1,699. The second greatest value Lake Magdalene apartment is the 3BR/2.0BA Model at Shadow Pines starting at $1,700 with a $1.42 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. |
---|---|---|---|
Palm Flats Apartments | 2/2.5 | 2BR,2BA | $1.34 |
Shadow Pines | 3BR/2.0BA | 3BR,2BA | $1.42 |
Spanish Trace | 2x2 | 2BR,2BA | $1.29 |
Royal Palm Key | 2 Bed, 2 Bath | 2BR,2BA | $1.35 |
Waterstone at Carrollwood | A3r | 1BR,1BA | $1.81 |
Regency Square Apartments | 1/1 | 1BR,1BA | $1.68 |
Windwood Oaks Apartments | 1x1 Marathon | 1BR,1BA | $1.93 |
Palms at Sand Lake | A1 | 1BR,1BA | $1.56 |
Haley Park | One Bedroom-One Bath | 1BR,1BA | $1.17 |
Verra North | 1 Bedroom 1 Bath | 1BR,1BA | $1.74 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleLake Magdalene, Tampa, FL
Ranked #258
Among neighborhoods in Tampa, FL for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Best Local Schools in Lake Magdalene, Tampa, FL
School data provided by Great Schools
Lifestyle Ratings
This website works hard to bring you comprehensive Lifestyle Ratings of rentals and neighborhoods across the USA, including Lake Magdalene, Tampa, and the greater Tampa area. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including filtering automatically for proximity to parks, luxury housing options, pet-friendly features, places to raise kids, proximity to transit, and how walkable or bikeable each community and area is. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Getting Around the Lake Magdalene Neighborhood in Tampa, FL
Walk Score®
56 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
51 / 100
Bikeable
Some bike infrastructure
Transit Score®
28 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Lake Magdalene Apartments
What is a cheap apartment in Lake Magdalene?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Lake Magdalene is under $1,144.
What is the price of a cheap apartment in Lake Magdalene?
The cheapest apartment in Lake Magdalene is Haley Park which is listed at $721, while the average apartment in Lake Magdalene costs $2,047.
What types of apartments are the cheapest in Lake Magdalene?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 117 regular apartments in Lake Magdalene that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Lake Magdalene?
Cheap apartments in Lake Magdalene have an average cost of $690 which is $1,357 cheaper than the average rent for all rentals in Lake Magdalene.
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.

A Local Expert’s Guide To the 10 Top Budget-Friendly Neighborhoods to Rent in Tampa
Written by: Vickie Ferguson
Hi, and welcome to ApartmentHomeLiving.com, we're here to provide you with all the information you need about top areas in and around Tampa that are great choices to call home.

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.

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.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.