Average Rent in 33618, Lake Magdalene, FL

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Current Versus Historical 33618, Lake Magdalene, FL Rents

33618 rentals average $1,000 for a studio rental to $2,900 for a 4-bedroom rental. The median price of all currently available listings is $2,098, or roughly $19 per square feet.
For the apartment units and housing in September 2026, median rents have been roughly unchanged over the last year. Studio rentals prices have decreased by $219 (-17.95%) year-over-year from $1,219 to $1,000. 1-bedroom rentals prices have decreased by $25 (-1.72%) year-over-year from $1,450 to $1,425. 2-bedroom rentals prices have increased by $62 (3.19%) year-over-year from $1,933 to $1,995. 3-bedroom rentals prices have increased by $277 (11.92%) year-over-year from $2,323 to $2,600. 4-bedroom rentals prices have decreased by $133 (-4.40%) year-over-year from $3,033 to $2,900. Note that this figure includes all active and rented listings throughout the month.
Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone down by 10.12% this month. 1-bedroom rents have gone up by 6.28% this month. 2-bedroom rents have gone down by 6.78% this month. 3-bedroom rents have gone down by 15.86% this month. 4-bedroom rents have gone down by 19.44% this month.
Beds
Price / Sqft
Sep 2026 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $24.14 $1,000 $1,219 (-17.95%) $1,129 (-11.39%)
1 BR $20.80 $1,425 $1,450 (-1.72%) $1,648 (-13.51%)
2 BR $18.72 $1,995 $1,933 (3.19%) $1,989 (0.31%)
3 BR $18.17 $2,600 $2,323 (11.92%) $2,498 (4.08%)
4+ BR $13.55 $2,900 $3,033 (-4.40%) $3,510 (-17.38%)

Historical Rents in 33618, Lake Magdalene, FL

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near 33618

There are a total of 5 cities nearby 33618. The average rent in 33618 is currently $1,900 per month. A total of 4 cities nearby have an average rent lower than that. Our records show that University, FL, with an average rent of $1,488, is the most affordable city nearby. In contrast, the most expensive city near 33618, Lake Magdalene, FL is Tampa, FL. Monthly rents here are on average $2,450 per month.

Let's compare 33618, Lake Magdalene, FL's rent against other top cities nearby by bedroom size. Typically, rent for studios in 33618, Lake Magdalene, FL is 51.05% more expensive than other cities nearby. One bedrooms are about 5.61% more expensive. Two bedrooms in 33618, Lake Magdalene, FL are about 9.32% more expensive. Finally, rent for three bedrooms are about 9.62% more expensive. Want more information? Check out the top 5 cities near 33618, Lake Magdalene, FL in the following table.
City Studio 1 Bed 2 Bed All
University, FL N/A $1,075 $1,463 $1,488
Egypt Lake-Leto, FL $979 $1,295 $1,700 $1,700
Town 'n' Country, FL N/A $1,345 $1,800 $1,900
Carrollwood, FL N/A $1,350 $1,800 $1,963
Tampa, FL $1,179 $1,593 $1,950 $2,450

Top Neighborhoods Near 33618



Neighborhood Studio 1 Bed 2 Bed All

Top Counties Near 33618

There are a total of 2 counties located by 33618, Lake Magdalene, FL. Some of these counties include Tampa, FL and Keystone-Citrus Park, FL. The average rent for rentals in these counties is $2,350. That's roughly around $21 per sqft. The county that is the most affordable is Tampa, FL. Its average rent per month is $2,200. Vice versa, with an average rent of $2,500, Keystone-Citrus Park, FL is the most expensive county by 33618, Lake Magdalene, FL.

Typically, rent for studios in 33618, Lake Magdalene, FL is 11.98% more affordable than other counties nearby. In comparison, rent for one bedroom listings in 33618, Lake Magdalene, FL is 1.75% more expensive than other counties nearby. Finally, rent for two bedrooms in 33618, Lake Magdalene, FL is 5.54% more expensive than other counties nearby. We've listed all of these counties in the table below.
County Studio 1 Bed 2 Bed All
Tampa, FL $1,140 $1,400 $1,800 $2,200
Keystone-Citrus Park, FL $1,100 $1,400 $1,950 $2,500

Top Zipcodes Near 33618

There are a total of 8 zipcodes in or near 33618, Lake Magdalene, FL. The average rent for all of these zipcodes is $1,874. A total of 5 zipcodes have an average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 33612, Tampa, FL at $1,600 per month. In comparison, the zipcode with the most expensive average rent of $3,100 per month is 33602, Tampa, FL.

Studios in these zipcodes have an average rent of $950. That's at least $30 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near 33618, Lake Magdalene, FL is $1,348 per month. Or in other words, $26 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,719 per month. Which comes out to $21 per sqft. The following table includes the top 8 zipcodes in 33618, Lake Magdalene, FL. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
33624, Carrollwood, FL N/A $1,350 $1,650 $2,195
33604, Tampa, FL $900 $1,250 $1,738 $1,898
33614, Egypt Lake-Leto, FL $1,179 $1,273 $1,700 $1,700
33602, Tampa, FL $999 $2,600 $3,300 $3,100
33612, Tampa, FL $813 $1,125 $1,400 $1,600
33615, Town 'n' Country, FL N/A $1,345 $1,750 $1,785
33607, Tampa, FL $1,712 $1,750 $2,150 $2,500
33605, Tampa, FL $1,563 $1,549 $1,700 $1,850

Frequently Asked Questions - 33618 Average Rents

What is the average rent price in 33618, Lake Magdalene, FL?
The average monthly rental price for 33618, Lake Magdalene, FL apartments for rent is approximately $2,098. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do 33618, Lake Magdalene, FL rent prices drop in winter?
Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in 33618, Lake Magdalene, FL.
How much is a studio apartment in 33618, Lake Magdalene, FL?
The average monthly rental price for studio apartments is $1,000 and an average price per square feet of $24.14. There are a total of 1 studio apartment listings currently available for rent in 33618.
How much is a one bedroom apartment in 33618, Lake Magdalene, FL?
The average monthly rental price for one bedroom apartments is $1,425 and an average price per square feet of $20.80. There are a total of 3 one bedroom apartment listings currently available for rent in 33618.
How much is a two bedroom apartment in 33618, Lake Magdalene, FL?
The average monthly rental price for two bedroom apartments is $1,985 and an average price per square feet of $18.72. There are a total of 28 two bedroom apartment listings currently available for rent in 33618.
How have rent prices in 33618, Lake Magdalene, FL changed this year?
Rent prices for rentals in 33618, Lake Magdalene, FL can fluctuate yearly. Specifically, studio rental prices have changed by -0.18%, one bedroom rental prices have changed by -0.02%, two bedroom rental prices have changed by 0.03%, three bedroom rental prices have changed by 0.12% year-over-year.
What is a reasonable rent price in 33618, Lake Magdalene, FL?
A reasonable rent price in 33618, Lake Magdalene, FL is around $1,678/month. You can search for these reasonably priced rental listings on RentHop.