Average Rent in Lake Magdalene, FL

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Current Versus Historical Lake Magdalene, FL Rents

Lake Magdalene rentals average $1,350 for a 1-bedroom rental to $5,400 for a 4-bedroom rental. The median price of all currently available listings is $1,595, or roughly $20 per square feet.

For the apartment units and housing in August 2026, median rents have fallen substantially over the last year. Studio rentals prices have decreased by $200 (-16.33%) year-over-year from $1,225 to $1,025. 1-bedroom rentals prices have decreased by $208 (-14.79%) year-over-year from $1,408 to $1,200. 2-bedroom rentals prices have decreased by $147 (-8.42%) year-over-year from $1,742 to $1,595. 3-bedroom rentals prices have decreased by $2,473 (-50.23%) year-over-year from $4,923 to $2,450. 4-bedroom rentals prices have increased by $2,304 (74.40%) year-over-year from $3,096 to $5,400. 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 1.37% this month. 2-bedroom rents have gone down by 4.20% this month. 3-bedroom rents have gone down by 3.76% this month. 4-bedroom rents have gone down by 2.11% this month.

Beds	Price / Sqft	Aug 2026 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
1 BR	$25.16	$1,200	$1,408 (-14.79%)	$1,393 (-13.85%)
2 BR	$18.33	$1,595	$1,742 (-8.42%)	$1,758 (-9.29%)
3 BR	$22.83	$2,450	$4,923 (-50.23%)	$2,566 (-4.52%)
4+ BR	$19.48	$5,400	$3,096 (74.40%)	$4,339 (24.45%)

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 4 cities nearby Lake Magdalene. The average rent in Lake Magdalene is currently $1,998 per month. Our records show that Egypt Lake-Leto, FL, with an average rent of $1,690, 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 3.22% more affordable. Two bedrooms in Lake Magdalene, FL are about 10.77% more affordable. Finally, rent for three bedrooms are about 7.14% more affordable. Want more information? Check out the top 4 cities near Lake Magdalene, FL in the following table.

City	Studio	1 Bed	2 Bed	All
Egypt Lake-Leto, FL	$1,069	$1,250	$1,725	$1,690
Town 'n' Country, FL	$1,350	$1,417	$1,850	$1,995
Carrollwood, FL	N/A	$1,370	$1,800	$2,000
Tampa, FL	$975	$1,550	$1,900	$2,500

Top Neighborhoods Near Lake Magdalene

Neighborhood	Studio	1 Bed	2 Bed	All

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 $2,438. That's roughly around $22 per sqft. The county that is the most affordable is Tampa, FL. Its average rent per month is $2,275. Vice versa, with an average rent of $2,600, 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 3.70% more affordable than other counties nearby. Finally, rent for two bedrooms in Lake Magdalene, FL is 13.05% 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	$999	$1,400	$1,800	$2,275
Keystone-Citrus Park, FL	$1,250	$1,400	$1,925	$2,600

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 $1,788. A total of 2 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 $1,450 per month. In comparison, the zipcode with the most expensive average rent of $3,200 per month is 33602, Tampa, FL.

Studios in these zipcodes have an average rent of $999. That's at least $36 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 $1,360 per month. Or in other words, $25 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,685 per month. Which comes out to $20 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	$813	$1,125	$1,425	$1,450
33624, Carrollwood, FL	N/A	$1,360	$1,685	$2,350
33604, Tampa, FL	$900	$1,300	$1,625	$1,788
33614, Egypt Lake-Leto, FL	$1,114	$1,250	$1,695	$1,650
33617, Temple Terrace, FL	$1,038	$1,238	$1,500	$1,595
33610, East Lake-Orient Park, FL	$1,100	$1,700	$1,600	$2,000
33615, Town 'n' Country, FL	$1,350	$1,435	$1,750	$1,775
33607, Tampa, FL	N/A	$1,700	$2,125	$2,590
33602, Tampa, FL	$999	$2,300	$3,350	$3,200

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 $1,595. 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 $1,350 and an average price per square feet of $25.16. There are a total of 3 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 $1,648 and an average price per square feet of $18.33. There are a total of 4 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 -0.16%, one bedroom rental prices have changed by -0.15%, two bedroom rental prices have changed by -0.08%, 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 $1,276/month. You can search for these reasonably priced rental listings on RentHop.