Climate change is causing an increase in dry spells, altering rainfall patterns and soil moisture, and affecting water and nutrient plant uptake, which inevitably affects vegetable production. To mitigate this issue, some technologies that allow the maintenance of the ideal soil moisture for the uptake process are being investigated. Considering this, we hypothesize that the use of water treated with a magnetic field can increase water use efficiency in lettuce crop production. Thus, the present study aimed to evaluate the effect of the irrigation rate of magnetically treated water on biomass accumulation and nutrient uptake by lettuce plants. An experiment was conducted in a randomized block design with a 2 × 5 factorial arrangement of two water sources (conventional water and magnetically treated water) and five irrigation application rates to replace crop evaporation: 25, 50, 75, 100, and 125%, with five replicates. The use of magnetically treated water increased the concentrations of nitrogen and phosphorus in leaves, meaning that it induced higher nitrogen assimilation, leading to increases in agronomical characteristics (leaf number, fresh and dry shoot weight, fresh and dry root weight). The conclusions of this study showcase that magnetically treated water has beneficial effects on lettuce plants, improving their nutritional status and yield. Moreover, the results presented can lead to an increase in water use efficiency, thus optimizing irrigation management.