Average Rent in Lake Magdalene, FL
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Lake Magdalene offers a balanced rental market that appeals to a wide range of renters, from young professionals seeking a convenient studio apartment to families looking for spacious singleâfamily homes. The communityâs close proximity to downtown Tampa and major highways makes commuting effortless, while local amenities such as Lake Magdalene Park, the University of South Florida nearby, and a variety of shopping and dining options provide a relaxed, suburban lifestyle. Renters appreciate the blend of quiet residential streets with quick access to cultural attractions like the historic Tampa Theatre and the vibrant Riverwalk district.
Apartment options in Lake Magdalene are diverse, with studio units typically falling in the $1000s and oneâbedroom apartments averaging in the $1300s. Twoâbedroom apartments often hover around the $1600 range, offering modern finishes and convenient amenities for couples or small households. For those preferring a house, twoâbedroom homes generally rent near $2000, while threeâbedroom houses are commonly found in the $2500 range, making them ideal for growing families. Larger homes with four or more bedrooms command premium rates in the $3000+ bracket, reflecting the spacious layouts and larger lot sizes that many homeâseekers desire.
The rental landscape is further enhanced by Lake Magdaleneâs welcoming neighborhoods, such as the wellâestablished Forest Hills and the newer developments near the Westshore Business District. These areas feature treeâlined streets, community parks, and easy access to quality schools, contributing to a familyâfriendly environment. Whether youâre looking for a sleek downtownâstyle apartment or a roomy family house, Lake Magdaleneâs rental market provides flexible options that cater to varied lifestyles while maintaining the relaxed charm of Floridaâs suburbs.
Lake Magdalene Rent by Property Type & Bedroom Count
Averages, medians, and ranges across recent rental listings
| Property Type | Bedrooms | Average | Median | Min – Max | 25th – 75th |
|---|---|---|---|---|---|
| Apartment | Studio | $1,119 | $1,155 | $795 – $1,302 | $1,117 – $1,226 |
| Apartment | 1 Bedroom | $1,291 | $1,272 | $1,089 – $1,614 | $1,170 – $1,407 |
| Apartment | 2 Bedroom | $1,549 | $1,585 | $1,299 – $1,799 | $1,425 – $1,659 |
| Apartment | 3 Bedroom | $1,802 | $1,600 | $849 – $2,835 | $919 – $2,810 |
| House | 1 Bedroom | $1,458 | $1,200 | $1,175 – $2,000 | $1,175 – $2,000 |
| House | 2 Bedroom | $1,931 | $1,924 | $1,000 – $2,800 | $1,785 – $2,100 |
| House | 3 Bedroom | $2,416 | $2,449 | $1,200 – $3,775 | $2,000 – $2,700 |
| House | 4+ Bedroom | $3,639 | $3,050 | $1,950 – $12,000 | $2,780 – $3,500 |
Current rent in Lake Magdalene (all property types): Studio $1,119, 1 Bedroom $1,321, 2 Bedroom $1,730, 3 Bedroom $2,361, 4+ Bedroom $3,700.
About this data
Rent statistics, listings analysis, and visualizations on this page are produced by Rentometer, Inc.
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