What is the rental vacancy rate in Lake Magdalene, FL?

Name: Vacancy rate in Lake Magdalene, FL, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

The rental vacancy rate in Lake Magdalene, FL is 7.5% (±4.6 points) (2020–2024 American Community Survey).

The homeowner vacancy rate is 1.2% (±1.3 points).

726 (±251) homes, 5.3% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.

In Lake Magdalene, the rental vacancy rate went from 8.1% in 2015–2019 to 7.5% in 2020–2024 (−0.6 percentage points), not a measurable change.

Figures last updated on November 12, 2026.

Rental vacancy rate: 7.5% (±4.6 points)
Homeowner vacancy rate: 1.2% (±1.3 points)
Vacant homes: 726 (±251)

Vacancy in Lake Magdalene against Hillsborough County, its state and the nation

Estimate (90% margin of error)
	Lake Magdalene	Hillsborough County	Florida	United States
Rental vacancy rate	7.5% (±4.6 points)	6.4% (±0.6 points)	7.6% (±0.2 points)	5.5%
Homeowner vacancy rate	1.2% (±1.3 points)	1.1% (±0.2 points)	1.4% (±0.1 points)	0.9%
Vacant housing units	726 (±251)	47,500 (±2,064)	1,503,660 (±20,826)	14,547,859

The rental vacancy rate is the share of rental homes that are vacant and for rent; it leaves out homes already rented but not yet moved into, and seasonal homes.

In Lake Magdalene, the rental vacancy rate is not measurably different from Hillsborough County (6.4%).

It is not measurably different from Florida (7.6%).

It is not measurably different from the national figure (5.5%).

Rental vacancy rate in places near Lake Magdalene

Nearest places with a published estimate, compared with Lake Magdalene
Place	Distance	Rental vacancy rate	Compared with this place
Lake Magdalene	—	7.5% (±4.6 points)	—
Carrollwood	2.5 mi	4.1% (±3.3 points)	Not measurably different
Northdale	3.1 mi	1.9% (±2.5 points)	Lower
University (Hillsborough County)	3.1 mi	9.0% (±1.7 points)	Not measurably different
Lutz	4.6 mi	7.5% (±6.3 points)	Not measurably different
Egypt Lake-Leto	4.6 mi	5.6% (±2.5 points)	Not measurably different
Citrus Park	4.8 mi	7.8% (±5.6 points)	Not measurably different
Cheval	5.0 mi	0.0% (±2.4 points)	Lower
Temple Terrace	7.1 mi	2.2% (±1.8 points)	Lower

Nearby places with a measurably lower figure: Northdale, FL (1.9%), Cheval, FL (0.0%), Temple Terrace, FL (2.2%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Rental vacancy rate across Hillsborough County, place by place

Rank	Place	Rental vacancy rate
5	Valrico	9.7% (±5.8 points)
6	University (Hillsborough County)	9.0% (±1.7 points)
7	Seffner	8.3% (±12.5 points)
8	Westchase	8.2% (±4.8 points)
9	Brandon	8.1% (±2.2 points)
10	Citrus Park	7.8% (±5.6 points)
11 (tie)	Lake Magdalene	7.5% (±4.6 points)
11 (tie)	Lutz	7.5% (±6.3 points)
13	Gibsonton	7.2% (±6.8 points)
14	Town 'n' Country	6.7% (±2.2 points)
15	Fish Hawk	6.0% (±7.0 points)
16	Tampa	5.8% (±0.7 points)
17	Egypt Lake-Leto	5.6% (±2.5 points)

Showing 13 of 33 places in Hillsborough County, ranked from highest to lowest.

Lake Magdalene is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Lake Magdalene

Is it hard to find a rental in Lake Magdalene?

The rental vacancy rate in Lake Magdalene, FL is 7.5% (±4.6 points); a low rate means few rental homes stand empty and for rent at any time, which usually means more competition for each one.

Is the rental market in Lake Magdalene tighter than it was?

In Lake Magdalene, the rental vacancy rate went from 8.1% in 2015–2019 to 7.5% in 2020–2024 (−0.6 percentage points), not a measurable change.

How many homes are vacant in Lake Magdalene?

An estimated 726 (±251) housing units, 5.3% of the total, including seasonal homes and homes waiting to be sold or rented.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Lake Magdalene CDP, Florida (place:38350, in state:12).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are DP04_0005E, DP04_0005M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0005E, DP04_0005M, DP04_0004E, DP04_0004M, DP04_0003E, DP04_0003M, DP04_0003PE, DP04_0003PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.