Cheap Homes for Rent in Lake Magdalene Neighborhood of Tampa, FL from $1,400 (7 Rentals)

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

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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 $833. Shadow Pines has the second lowest priced unit, which is a 2 Beds apartment currently listed from $940. Here are the most affordable Lake Magdalene apartments for rent in Tampa, FL:

Apartment ListingModel NameBed/BathPriced From
Copeland VillageStudioStudio,1BA$833
Shadow Pines2BR/2.0BA2BR,2BA$940
Regency Square ApartmentsSTUDStudio,1BA$975

Best Value Apartments for Rent in Lake Magdalene, FL

As of May 18, 2025 the best value apartment in the Lake Magdalene area is the $1.38 price per square foot 2/2.5 Model at Palm Flats Apartments in the in the University Square neighborhood starting from $1,749. 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 Apartments2/2.52BR,2BA$1.38
Shadow Pines3BR/2.0BA3BR,2BA$1.42
Reflections3/3U w/ Quartz Leased By The Room3BR,3BA$0.79
Spanish Trace2x22BR,2BA$1.29
Royal Palm Key2 Bed, 2 Bath2BR,2BA$1.35
Palms at Sand LakeA11BR,1BA$1.89
Lago Bello Apartment Homes1 Bedroom/1 Bath1BR,1BA$1.95
Bella Mar Apartment HomesOne Bedroom One Bath - A1R1BR,1BA$1.98
Verra North1 Bedroom 1 Bath1BR,1BA$1.74
Regency Square ApartmentsSTUDStudio ,1BA$1.95

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Frequently Asked Questions about Lake Magdalene

What type of rentals are currently available in Lake Magdalene?

There are currently 152 Apartments for Rent in Lake Magdalene, FL with pricing that ranges from $614 to $4,430. There are also 27 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Magdalene ranging from $1,475 to $7,700.

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 $1,475 to $7,700 with an average monthly rent of $3,749.

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 $833 to $4,430, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,850 to $3,975. Four Bedroom Single-Family rentals are also available starting from $3,950 and Four Bedroom Apartments start at $819.

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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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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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.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.