Rent to own Homes in Lake Magdalene, FL

Lake Magdalene, FL is a census designated place located about 20 minutes north of the Old Tampa Bay and, consequently, 20 minutes north of downtown Tampa as well. Living in Lake Magdalene, FL offers you access to the cultural and entertainment opportunities of the Tampa Bay Area while still being able to live in an affordable location. Instead of renting an overpriced apartment in Tampa, take advantage of the low priced homes in Lake Magdalene!

Lake Magdalene, FL is a great place for affordable rent-to-own homes! With a median household income of over $66,623 and a median rent of $1,121, the Lake Magdalene, FL rent-to-own market is more affordable than the traditional housing market which has shown tremendous growth across the U.S. and with it, aggressive competition for home purchases. With the current housing shortage trend it can make it harder to become a homeowner, including in Lake Magdalene, FL. This means higher than average down payments for homes and higher qualification standards for conventional home loans. With a rent-to-own property, tenants are also buyers. You can live in the house for a set amount of time before you purchase it, meaning that you get to know the house, your neighbors, and your community before making the final purchase. This enables you and your family to make the right choice based on both information and experience. Rent-to-own is also a great alternative way to get into a home if you have bad credit or don't have enough saved for a down payment.

Check out Lake Magdalene, FL rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 44 of 176
16206 SAGEBRUSH RD
Rent To Own
 
Single Family Home
Tampa, FL 33618
3
2
1221 ft2
1978
3305 EHRLICH RD
Rent To Own
 
Single Family Home
Tampa, FL 33618
3
2
1395 ft2
1964
(Undisclosed Address)
Rent To Own
Old Seminole Heights
Single Family Home
Tampa, FL 33604
3
2
1340 ft2
Hot
4700 WESSEX WAY
Rent To Own
 
Single Family Home
Land O Lakes, FL 34639
3
2
1630 ft2
2003
Hot
11018 TAHITI ISLE LN
Rent To Own
Cory Lake Isles
Single Family Home
Tampa, FL 33647
4
4
2611 ft2
2016
4555 SERENITY TRL
Rent To Own
 
Single Family Home
Palm Harbor, FL 34685
4
3
3143 ft2
1998
Hot
7538 FOREST MERE DR
Rent To Own
 
Single Family Home
Riverview, FL 33578
3
2
2069 ft2
2011
1065 TARTAN DR #C
Rent To Own
Highland Lakes
Townhouse/Condo
Palm Harbor, FL 34684
2
2
1391 ft2
1983
3779 LAKE SHORE DR
Rent To Own
Lake St. George
Single Family Home
Palm Harbor, FL 34684
3
3
1322 ft2
1987
1 of 21 4030 CHESSWOOD DR
Rent To Own
Buena Vista Melody Manor
Single Family Home
Holiday, FL 34691
2
1
816 ft2
1966
1 of 29 3456 CASTLE STONE CT
Rent To Own
 
Townhouse/Condo
Valrico, FL 33594
2
3
1560 ft2
2006
1495 INDIANA AVE
Rent To Own
 
Single Family Home
Palm Harbor, FL 34683
3
2
1653 ft2
1984
1969 N BETTY LN
Rent To Own
 
Single Family Home
Clearwater, FL 33755
4
2
1556 ft2
1951
3221 16TH ST N
Rent To Own
Magnolia Heights
Single Family Home
Saint Petersburg, FL 33704
2
1
918 ft2
1949
921 GRAND CENTRAL ST
Rent To Own
 
Single Family Home
Clearwater, FL 33756
2
1
912 ft2
1947
10215 128TH TER
Rent To Own
 
Single Family Home
Largo, FL 33773
3
1
1176 ft2
1973
3450 7TH AVE N
Rent To Own
United Central
Single Family Home
Saint Petersburg, FL 33713
3
1
1190 ft2
1945
Eldridge Rd
Rent To Own
 
Single Family Home
Spring Hill, FL 34608
3
2
1540 ft2
11477 TRUMBULL DR
Rent To Own
 
Single Family Home
Spring Hill, FL 34609
3
3
3030 ft2
1982
Wayside Ct
Rent To Own
 
Single Family Home
Spring Hill, FL 34606
5
3
2215 ft2
1 of 4 8584 111th Street North
Rent To Own
 
Multifamily (2 - 4 Units)
Seminole, FL 33772
1
1
1000 ft2
1977
1 of 27 1651 Sand Key Estates Ct
Rent To Own
 
Townhouse/Condo
Clearwater, FL 33767
2
2
1530 ft2
1982
1 of 21 Riddle Dr
Rent To Own
 
Single Family Home
Spring Hill, FL 34609
3
2
1555 ft2
907 COASTAL HAMMOCK AVE
Rent To Own
 
Single Family Home
Ruskin, FL 33570
3
2
1662 ft2
2020
1311 GRAY ST S
Rent To Own
Gulfport
Single Family Home
Gulfport, FL 33707
3
3
1391 ft2
1950
3096 DELTONA BLVD
Rent To Own
 
Single Family Home
Spring Hill, FL 34606
3
2
1630 ft2
2003
1 of 20 2429 Pier Dr.
Rent To Own
 
Multifamily (2 - 4 Units)
Ruskin, FL 33570
2
2
1920 ft2
2005
New
1 of 51 1320 Pasadena Ave S
Rent To Own
 
Townhouse/Condo
South Pasadena, FL 33707
2
2
1030 ft2
1984
Sunflower Dr
Rent To Own
 
Single Family Home
Spring Hill, FL 34606
4
2
2038 ft2
New
7871 Sailboat Key Blvd S
Rent To Own
 
Townhouse/Condo
South Pasadena, FL 33707
1
1
915 ft2
1981
New
7882 Sailboat Key Blvd S
Rent To Own
 
Townhouse/Condo
South Pasadena, FL 33707
2
2
1200 ft2
1991
320 173RD AVE E
Rent To Own
 
Single Family Home
North Redington Beach, FL 33708
3
3
2645 ft2
1959
18610 Gulf Blvd
Rent To Own
 
Townhouse/Condo
Indian Shores, FL 33785
2
2
1130 ft2
1974
1 of 93 6083 Bahia Del Mar Cir
Rent To Own
 
Townhouse/Condo
St Petersburg, FL 33715
2
2
1170 ft2
1992
Willowbank Avenue
Rent To Own
 
Single Family Home
Brooksville, FL 34602
4
2
2049 ft2
1 of 97 10423 CANARY ISLE DR
Rent To Own
Cory Lake Isles
Single Family Home
Tampa, FL 33647
3
2
2389 ft2
1996
New
15410 MANNING DR
Rent to Own Eligible
 
Single Family Home
Tampa, FL 33613
3
2
1988 ft2
1991
12304 N OAKLEAF AVE
Rent to Own Eligible
 
Single Family Home
Tampa, FL 33612
3
1
1704 ft2
1956
New
12401 OAK CEDAR PL #202
Rent to Own Eligible
 
Townhouse/Condo
Tampa, FL 33612
2
1
899 ft2
1975
15810 WALDEN AVE
Rent to Own Eligible
 
Single Family Home
Tampa, FL 33618
3
2
1470 ft2
1972
16624 BRIGADOON DR
Rent to Own Eligible
Brigadoon
Townhouse/Condo
Tampa, FL 33618
2
3
1120 ft2
1983
1 of 2 12401 Oak Cedar Pl
Rent to Own Eligible
 
Townhouse/Condo
Tampa, FL 33612
2
1
899 ft2
1975
New
2730 LAKEVILLE DR
Rent to Own Eligible
 
Single Family Home
Tampa, FL 33618
5
4
2731 ft2
1980
12301 N OREGON AVE
Rent to Own Eligible
 
Single Family Home
Tampa, FL 33612
2
1
1936 ft2
1956
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Buying a Home in Lake Magdalene, FL

Lake Magdalene, FL is seeing rapid growth and Lake Magdalene, FL's' housing market remains not optimal with an average home price that is 14% above the 2024 national average. Lake Magdalene, FL is part of Hillsborough county and taxes are an important factor to consider when purchasing a home whether through rent to own or a traditional purchase. The average tax rate as of 2024 for county Hillsborough is 1.09% which is above the national average, which is 0.99%.

Median Home Price in Lake Magdalene, FL

Median Rent in Lake Magdalene, FL

Rent to own homes offer low monthly payments and flexible terms.

Top 4 Reasons to Live in Lake Magdalene, FL

Homes starting at $25,000! The homes of Lake Magdalene, FL are some of the most affordable in the Tampa Bay Area. With listings starting at just $25,000 for both standard homes and rent to own homes, you'd be hard-pressed not to find living arrangements at a great price. Low priced condos are also available for those with a smaller budget. On the other end of the spectrum, the same area offers 4- and 5-bedroom luxury properties.

Close to the University of South Florida! Lake Magdalene is a great place to live for employees and students of the University of South Florida. USF is just a 10 minute drive away, and with Tampa being 20 minutes away, students and employees living in Lake Magdalene can get the best of both worlds. The USF Sun Dome, Soccer Stadium and other sports venues are located all throughout the area and offer some of the best live college sports in the state.

Around 12% home appreciation in the last year! Now is a great time to enter into their housing market. There are still several affordable homes available, however, home prices and demand are steadily rising as more people desire to move to North Tampa and avoid the higher costs of living of the downtown area.

Highly Rated Schools! Lake Magdalene has some of the most highly rated schools in North Tampa, including the Lake Magdalene Elementary School, Miles Elementary School, and Chamberlain and Gaither High Schools. Besides USF, there are many other post-secondary institutions in the area, such as Hillsborough Community College, the Erwin Technical Center and the Keller Graduate School of Management. Offering numerous opportunities for education, plenty of leisure and a low crime rate, Lake Magdalene and North Tampa are excellent places to visit or settle down and plan for the future.