Average Rent in Lake Magdalene, FL

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Current Versus Historical Lake Magdalene, FL Rents

Lake Magdalene rentals average $1,225 for a 1-bedroom rental to $5,750 for a 4-bedroom rental. The median price of all currently available listings is $1,525, or roughly $21 per square feet.

For the apartment units and housing in June 2026, median rents have fallen substantially over the last year. Studio rentals prices have decreased by $213 (-17.17%) year-over-year from $1,238 to $1,025. 1-bedroom rentals prices have decreased by $250 (-16.95%) year-over-year from $1,475 to $1,225. 2-bedroom rentals prices have decreased by $208 (-11.39%) year-over-year from $1,828 to $1,620. 3-bedroom rentals prices have decreased by $2,493 (-49.97%) year-over-year from $4,988 to $2,495. 4-bedroom rentals prices have increased by $2,133 (58.99%) year-over-year from $3,617 to $5,750. 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 0.00% this month. 1-bedroom rents have gone down by 0.00% this month. 2-bedroom rents have gone down by 2.65% this month. 3-bedroom rents have gone down by 0.00% this month. 4-bedroom rents have gone up by 29.31% this month.

Beds	Price / Sqft	Jun 2026 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
1 BR	$22.83	$1,225	$1,475 (-16.95%)	$1,333 (-8.12%)
2 BR	$17.87	$1,620	$1,828 (-11.39%)	$1,798 (-9.92%)
4+ BR	$20.75	$5,750	$3,617 (58.99%)	$3,664 (56.95%)

Historical Rents in Lake Magdalene, FL

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Lake Magdalene

There are a total of 5 cities nearby Lake Magdalene. The average rent in Lake Magdalene is currently $1,998 per month. Our records show that University, FL, with an average rent of $1,550, is the most affordable city nearby. In contrast, the most expensive city near Lake Magdalene, FL is Tampa, FL. Monthly rents here are on average $2,500 per month.

Let's compare Lake Magdalene, FL's rent against other top cities nearby by bedroom size. One bedrooms are about 14.29% more affordable. Two bedrooms in Lake Magdalene, FL are about 8.02% more affordable. Want more information? Check out the top 5 cities near Lake Magdalene, FL in the following table.

City	Studio	1 Bed	2 Bed	All
University, FL	N/A	$1,160	$1,550	$1,550
Egypt Lake-Leto, FL	$999	$1,295	$1,713	$1,750
Town 'n' Country, FL	$1,500	$1,500	$1,750	$1,998
Carrollwood, FL	N/A	$1,400	$1,875	$2,300
Tampa, FL	$1,095	$1,593	$1,950	$2,500

Top Neighborhoods Near Lake Magdalene

There are a total of 1 neighborhoods in or near Lake Magdalene. One neighborhood in the area is East Tampa. We've included all of these top 1 neighborhoods in or near Lake Magdalene, FL in the following table.

The average rent for these 1 neighborhoods in or near Lake Magdalene, FL is currently around $1,873 per month. Interestingly, the neighborhoods' average rent is higher than Lake Magdalene's average rent, which is only $1,525. Out of all the neighborhoods in or near Lake Magdalene, East Tampa has the most affordable average rent at $1,873 per month. Whereas, at $1,873 average rent per month, East Tampa is the most expensive neighborhood in or near Lake Magdalene. View the following table for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
East Tampa, Tampa, FL	$1,200	$1,100	$1,600	$1,873

Top Counties Near Lake Magdalene

There are a total of 2 counties located by Lake Magdalene, FL. Some of these counties include Tampa, FL and Keystone-Citrus Park, FL. The average rent for rentals in these counties is $2,445. That's roughly around $22 per sqft. The county that is the most affordable is Tampa, FL. Its average rent per month is $2,390. Vice versa, with an average rent of $2,500, Keystone-Citrus Park, FL is the most expensive county by Lake Magdalene, FL.

In comparison, rent for one bedroom listings in Lake Magdalene, FL is 16.84% more affordable than other counties nearby. Finally, rent for two bedrooms in Lake Magdalene, FL is 17.13% more affordable than other counties nearby. We've listed all of these counties in the table below.

County	Studio	1 Bed	2 Bed	All
Tampa, FL	$1,122	$1,413	$1,800	$2,390
Keystone-Citrus Park, FL	$1,350	$1,450	$1,995	$2,500

Top Zipcodes Near Lake Magdalene

There are a total of 9 zipcodes in or near Lake Magdalene, FL. The average rent for all of these zipcodes is $1,895. One zipcode has an average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 33612, Tampa, FL at $1,449 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 $1,095. That's at least $38 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Lake Magdalene, FL is $1,433 per month. Or in other words, $27 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,600 per month. Which comes out to $22 per sqft. The following table includes the top 9 zipcodes in Lake Magdalene, FL. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
33612, Tampa, FL	$850	$1,170	$1,425	$1,449
33624, Carrollwood, FL	N/A	$1,433	$1,850	$2,298
33604, Tampa, FL	$899	$1,275	$1,550	$1,895
33614, Egypt Lake-Leto, FL	$1,074	$1,250	$1,585	$1,685
33617, Temple Terrace, FL	$1,175	$1,200	$1,600	$1,700
33610, East Lake-Orient Park, FL	$1,200	$1,645	$1,600	$1,950
33615, Town 'n' Country, FL	$1,500	$1,500	$1,750	$1,875
33607, Tampa, FL	$1,649	$1,800	$1,970	$2,500
33602, Tampa, FL	$1,095	$2,400	$3,175	$3,100

Frequently Asked Questions - Lake Magdalene Average Rents

What is the average rent price in Lake Magdalene, FL?

The average monthly rental price for Lake Magdalene, FL apartments for rent is approximately $1,525. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do 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 Lake Magdalene, FL.

How much is a one bedroom apartment in Lake Magdalene, FL?

The average monthly rental price for one bedroom apartments is $1,225 and an average price per square feet of $22.83. There are a total of 4 one bedroom apartment listings currently available for rent in Lake Magdalene.

How much is a two bedroom apartment in Lake Magdalene, FL?

The average monthly rental price for two bedroom apartments is $1,620 and an average price per square feet of $17.87. There are a total of 5 two bedroom apartment listings currently available for rent in Lake Magdalene.

How have rent prices in Lake Magdalene, FL changed this year?

Rent prices for rentals in Lake Magdalene, FL can fluctuate yearly. Specifically, studio rental prices have changed by -0.17%, one bedroom rental prices have changed by -0.17%, two bedroom rental prices have changed by -0.11%, three bedroom rental prices have changed by -0.50% year-over-year.

What is a reasonable rent price in Lake Magdalene, FL?

A reasonable rent price in Lake Magdalene, FL is around $1,220/month. You can search for these reasonably priced rental listings on RentHop.