Cheap Apartments for Rent in the Lake Magdalene Neighborhood of Tampa, FL from $600 (49 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Lake Magdalene area of Tampa.

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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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
  • Verified
  • Customer Reviewed
  • Utilities Included

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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12703 N 15th St
2 Bedroom Apartments

12703 N 15th St

12703 N 15th StTampa, FL 33612
  • Utilities Included
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Haley Park
1 to 2 Bedroom Apartments

Haley Park

1510 E 130th AveTampa, FL 33612
Senior Living
  • 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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Pine Crest
Studio to 2 Bedroom Apartments

Pine Crest

11302 N 15th StTampa, FL 33612
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Tampa Commons
3 Bedroom Apartments

Tampa Commons

1506 E 138th AveTampa, FL 33613
  • Utilities Included
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La Vista Oaks Apartments
1 to 4 Bedroom Apartments

La Vista Oaks Apartments

12771 Saint James Place DrTampa, FL 33612
  • Utilities Included
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Uptown Sky
2 to 3 Bedroom Apartments

Uptown Sky

13635 N 12th StTampa, FL 33613
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Lexington Court
1 to 2 Bedroom Apartments

Lexington Court

11738 N 14th StTampa, FL 33612
  • 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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Palms at Sand Lake
1 to 2 Bedroom Apartments

Palms at Sand Lake

1302 Cooperstown CtTampa, FL 33613
property at 1306 E 137th Ave

$1,145

Total Monthly Price

Total Monthly Price

Base Rent
$1,145

Total Monthly Price
$1,145

1 Bedroom, 1 Bath Condo for Rent

Available Now

1306 E 137th Ave

TampaFL33613
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Azure East
1 to 2 Bedroom Apartments

Azure East

1426 Marathon Key DrTampa, FL 33612
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Fountainview Apartments
1 to 3 Bedroom Apartments

Fountainview Apartments

1301 Floating Fountain CirTampa, FL 33612
  • Utilities Included
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Silvertree Tampa
1 Bedroom Apartments

Silvertree Tampa

11113 N Nebraska AveTampa, FL 33612
Senior Living

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.

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2110 Seaman Rd
2 Bedroom Apartments

2110 Seaman Rd

2110 Seaman RdTampa, FL 33612

Lake Magdalene, Tampa, FL Local Guide

Cheapest Available Lake Magdalene Apartments for Rent

 

The cheapest available apartment rental in the Lake Magdalene area of Tampa, FL is a Studio unit found at Copeland Village priced from $762. Countrywood has the second lowest priced unit, which is a Studio apartment currently listed from $899. Here are the most affordable Lake Magdalene apartments for rent in Tampa, FL:

Apartment ListingModel NameBed/BathPriced From
Copeland VillageStudioStudio,1BA$762
CountrywoodStudioStudio,1BA$899
Shadow Pines2BR/2.0BA2BR,2BA$940
Bella Mar Apartment HomesOne Bedroom One Bath - A11BR,1BA$999
Verra North1 Bedroom 1 Bath1BR,1BA$999
Vista PalmsA1R1BR,1BA$1,049
Park at Lake Magdalene Apartments and TownhomesStudioStudio,1BA$1,060
Viva Tampa1x1 Standard1BR,1BA$1,099
Regency Square Apartments1/11BR,1BA$1,099
Sunscape Apartment HomesOne Bedroom Small1BR,1BA$1,099

Best Value Apartments for Rent in Lake Magdalene, FL

As of June 18, 2026 the best value apartment in the Lake Magdalene area is the $1.42 price per square foot 3BR/2.0BA Model at Shadow Pines in the in the University Square neighborhood starting from $1,700. The second greatest value Lake Magdalene apartment is the 3/2 Model at Oak Chase Apartments starting at $1,511 with a $1.48 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.
Shadow Pines3BR/2.0BA3BR,2BA$1.42
Oak Chase Apartments3/23BR,2BA$1.48
Spanish Trace2x22BR,2BA$1.41
Palm Flats Apartments2/22BR,2BA$1.39
Royal Palm Key2 Bed, 2 Bath2BR,2BA$1.49
REVERE LANDINGS1 Bedroom, 1 Bathroom1BR,1BA$1.74
Regency Square Apartments1/1PL1BR,1BA$1.64
Palms at Sand LakeA11BR,1BA$1.72
The Grove ApartmentsThe Pine1BR,1BA$1.84
Verra North1 Bedroom 1 Bath1BR,1BA$1.74

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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Top Student Friendly Neighborhoods to Rent Near Colleges in Tampa

A Local Expert's guide to the Best Student Friendly Neighborhoods Near Colleges in the Tampa Bay area for affordable living. Find your perfect Tampa Student apartment, condo, or rental home today at ApartmentHomeliving.com

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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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Quick 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.

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Pet Friendly Lifestyle
Lake Magdalene, Tampa, FL

Ranked #183

Among cities in Florida for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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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!

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 $1,099.

What is the price of a cheap apartment in Lake Magdalene?

The cheapest apartment in Lake Magdalene is Bella Mar Apartment Homes which is listed at $999, while the average apartment in Lake Magdalene costs $5,927.

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 4 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 $671 which is $5,256 cheaper than the average rent for all rentals in Lake Magdalene.

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.

Helpful Local Expert Guides

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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.

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Top Student Friendly Neighborhoods to Rent Near Colleges in Tampa

Written by: Vickie Ferguson

Hi, I'm Vickie, and welcome to Apartment Home Living. As a long-time resident of Tampa, I'm here to serve as your expert local guide in and around the city's neighborhoods that are near to local colleges and universities.

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Sun, Sand, and a Short Commute: The Renters Guide to Tampa's Best Neighborhoods

Written by: Vickie Ferguson

Hi, and welcome to ApartmentHomeLiving.com, where you'll find information about Tampa's inviting, diverse, and community-friendly neighborhoods.

Articles, How-To's, and Tips

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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.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent   article

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.