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from $9251 Bedroom Apartment Available Now
6057 Vermillion Blvd, Unit B
6057 Vermillion BlvdNew Orleans, LA 70122
Cheap Apartments for Rent in the Lake Terrace Neighborhood of New Orleans, LA from $400 (5 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lake Terrace area of New Orleans.
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from $1,0001 Bedroom Apartments Contact Us For Availability
6564 Fleur De Lis Dr
6564 Fleur De Lis DrNew Orleans, LA 70124
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
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Rent Specials
from $1,055Studio to 3 Bedroom Apartments Available Now
Esplanade at City Park
3443 Esplanade AveNew Orleans, LA 70119
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New Orleans's Best Affordable Neighborhoods
Learn about New Orleans and the best places to live with original content written by our Minneapolis, MN Local Expert Melissa Maxwell
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Rent Specials
from $882Studio to 1 Bedroom Apartments Available Now
Lake Villa
1432 Lake AveMetairie, LA 70005
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Lake Terrace, New Orleans, LA Local Guide
How much does it cost to rent an apartment in Lake Terrace?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lake Terrace Studio Apartments | $1,205 | $882 | $1,480 |
| Lake Terrace 1 Bedroom Apartments | $1,442 | $925 | $2,340 |
| Lake Terrace 2 Bedroom Apartments | $1,823 | $1,175 | $3,000 |
| Lake Terrace 3 Bedroom Apartments | $1,729 | $1,510 | $2,299 |
Browse Apartments in this Neighborhood
There are currently 5 rentals with your search options within a 3 mile radius of the Lake Terrace Neighborhood of New Orleans, LA.
See all Apartments in New OrleansExplore New Orleans
Lake Terrace, New Orleans, LA Local Guide
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Cheapest Available Lake Terrace Apartments for Rent
The cheapest available apartment rental in the Lake Terrace area of New Orleans, LA is a Studio unit found at Lake Villa priced from $882. 6564 Fleur De Lis Dr has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,000. Here are the most affordable Lake Terrace apartments for rent in New Orleans, LA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Lake Villa | Studio | Studio,1BA | $882 |
| 6564 Fleur De Lis Dr | One Bedroom | 1BR,1BA | $1,000 |
| Esplanade at City Park | NAPOLEON | Studio,1BA | $1,055 |
Best Value Apartments for Rent in Lake Terrace, LA
As of April 27, 2025 the best value apartment in the Lake Terrace area is the $0.86 price per square foot 4005 Franklin Ave Model at 4005 Franklin Ave, Unit 4005 Franklin Ave in the in the Lake Terrace neighborhood starting from $1,500. The second greatest value Lake Terrace apartment is the 244 14th St Model at 244 14th St, Unit 244 14th downstairs starting at $1,600 with a $1.02 price per square foot in the City Park neighborhood. Here is today’s list of the best values for Lake Terrace apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 4005 Franklin Ave, Unit 4005 Franklin Ave | 4005 Franklin Ave | 2BR,2BA | $0.86 |
| 244 14th St, Unit 244 14th downstairs | 244 14th St | 2BR,1BA | $1.02 |
| Wilshire Heights | Luxury 3 Bedrooms, 2 Baths | 3BR,2BA | $1.22 |
| Chateau Lake Terrace | C2 | 3BR,2BA | $1.19 |
| Marina Vista Apartments | The Shell | 2BR,2BA | $1.55 |
| Elysian Courtyards Of Gentilly | Magnolia | 2BR,2BA | $1.41 |
| 5519 Elysian Fields Ave | 5519 Elysian Fields Ave | 2BR,1BA | $1.27 |
| Sailboat Bay | 1 Bed, 1 bath | 1BR,1BA | $1.95 |
| 6564 Fleur De Lis Dr | One Bedroom | 1BR,1BA | $1.67 |
| 6057 Vermillion Blvd, Unit B | 6057 Vermillion Blvd | 1BR,1BA | $1.61 |
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Pet Friendly LifestyleLake Terrace, New Orleans, LA
Ranked #38
Among neighborhoods in New Orleans, LA for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Frequently Asked Questions about Cheap Lake Terrace Apartments
What is the Cheapest Studio apartment in Lake Terrace?
Currently the most affordable Cheap Studio Apartment in Lake Terrace is at Lake Villa listed at $882.
How much is rent for a Cheap One Bedroom Lake Terrace Apartment?
The lowest price for a Cheap One Bedroom Lake Terrace Apartment is $1,000 at 6564 Fleur De Lis Dr.
What is the lowest price for a Cheap Two Bedroom Lake Terrace Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Lake Terrace is starting from $1,362 at Elysian Courtyards Of Gentilly.
What is the most affordable Lake Terrace Three Bedroom Apartment?
The best deal on a cheap Lake Terrace Three Bedroom Apartment rental is at Chateau Lake Terrace and starts from $1,720.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
A Local Expert’s Top Budget-Friendly Neighborhoods to Rent in New Orleans
Written by: Melissa Maxwell
New Orleans is known as The Big Easy, but it's not always easy on the wallet! It's a city built around attracting tourists, so naturally everything is going to be on the pricey side.
Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.
Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.