Cheap Apartments for Rent in the Lake Magdalene Neighborhood of Tampa, FL from $600 (59 Rentals)

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

The Real Cost of Living in Tampa: What You Need to Know Before You Move

From budget-friendly East Tampa to the trendy Channel District, where you live in Tampa makes a big difference in what you pay. Get our local expert's complete cost of living breakdown before you make your move.

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Palm Square
$1,120 - $1,870

Total Monthly Price

Base Rent$1,120 - $1,870
Total Monthly Price$1,120 - $1,870
1 to 2 Bedroom Apartments Available Now

Palm Square

102 E 122nd AveTampa, FL 33612
Affordability
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  • Utilities Included

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.

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Lexington Court
Rent Specials
$1,250 - $1,550

Total Monthly Price

Base Rent$1,250 - $1,550
Total Monthly Price$1,250 - $1,550
1 to 2 Bedroom Apartments Available Now

Lexington Court

11738 N 14th StTampa, FL 33612
Affordability
  • Verified
  • Customer Reviewed
  • Utilities Included

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12703 N 15th St
2 Bedroom Apartments

12703 N 15th St

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

Haley Park

1510 E 130th AveTampa, FL 33612
Senior Living
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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
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Uptown Sky
2 to 3 Bedroom Apartments

Uptown Sky

13635 N 12th StTampa, FL 33613
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Verra North
1 to 2 Bedroom Apartments

Verra North

1250 Skipper RdTampa, FL 33613

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

Find the perfect Tampa apartment near where you work. Our local expert breaks down the best neighborhoods near Tampa General Hospital, USF, Raymond James, Tampa International Airport, and more.

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Palms at Sand Lake
1 to 2 Bedroom Apartments

Palms at Sand Lake

1302 Cooperstown CtTampa, FL 33613
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La Vista Oaks Apartments
1 to 4 Bedroom Apartments

La Vista Oaks Apartments

12771 Saint James Place DrTampa, FL 33612
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Fountainview Apartments
1 to 3 Bedroom Apartments

Fountainview Apartments

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

Silvertree Tampa

11113 N Nebraska AveTampa, FL 33612
Senior Living

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, 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. Bella Mar Apartment Homes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $850. Here are the most affordable Lake Magdalene apartments for rent in Tampa, FL:

Apartment ListingModel NameBed/BathPriced From
Copeland VillageStudioStudio,1BA$762
Bella Mar Apartment HomesOne Bedroom One Bath - A1R1BR,1BA$850
Lago Bello Apartment Homes1 Bedroom/1 Bath1BR,1BA$899
Shadow Pines2BR/2.0BA2BR,2BA$940
Vista PalmsA2R1BR,1BA$949
Verra North1 Bedroom 1 Bath1BR,1BA$999
Windwood Oaks Apartments0x1 IslamorandaStudio,1BA$1,042
Palms at Sand LakeA11BR,1BA$1,083
Viva Tampa1x1 Standard1BR,1BA$1,099
Regency Square Apartments1/11BR,1BA$1,099

Best Value Apartments for Rent in Lake Magdalene, FL

As of September 07, 2026 the best value apartment in the Lake Magdalene area is the $1.06 price per square foot $1500 IN FREE RENT | $500 OFF SEPTEMBER + OCTOB... Model at Palm Flats Apartments in the in the University Square neighborhood starting from $1,350. 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Palm Flats Apartments$1500 IN FREE RENT | $500 OFF SEPTEMBER + OCTOB...2BR,2BA$1.06
Shadow Pines3BR/2.0BA3BR,2BA$1.42
Spanish Trace2x22BR,2BA$1.41
Royal Palm Key2 Bed, 2 Bath2BR,2BA$1.49
Sunscape Apartment HomesTwo Bedroom2BR,2BA$1.46
Regency Square Apartments1/1PL1BR,1BA$1.64
SMS 2 - 1515 E 139TH AVE1/11BR,1BA$1.69
Palms at Sand LakeA11BR,1BA$1.69
Lago Bello Apartment Homes1 Bedroom/1 Bath1BR,1BA$1.50
Bella Mar Apartment HomesOne Bedroom One Bath - A11BR,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.

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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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Pet Friendly Lifestyle
Lake Magdalene, Tampa, FL

Ranked #191

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

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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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!

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 $850, while the average apartment in Lake Magdalene costs $1,379.

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 5 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 $312 which is $1,067 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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