4737 Demontluzin St
New OrleansLA70122
Cheap Homes for Rent in Lake Terrace Neighborhood of New Orleans, LA from $1,100 (8 Rentals)
Search the lowest-cost Homes available for rent right now in the Lake Terrace area of New Orleans.
2622 Sage St
New OrleansLA70122
2930 Spain St
New OrleansLA70122
3638 Elysian Fields Ave
New OrleansLA70122
2458 Mexico St
New OrleansLA70122
6220 Arts St
New OrleansLA70122
2215 Humanity St
New OrleansLA70122
2456 Mexico St
New OrleansLA70122
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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Lake Terrace, New Orleans, LA Local Guide
How much does it cost to rent a home in Lake Terrace?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lake Terrace 2 Bedroom Homes for Rent | $1,296 | $1,150 | $1,400 |
| Lake Terrace 3 Bedroom Homes for Rent | $2,165 | $1,650 | $2,750 |
Browse Homes for Rent in this Neighborhood
There are currently 8 rentals with your search options within a 3 mile radius of the Lake Terrace Neighborhood of New Orleans, LA.
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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 $887. 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 | $887 |
| 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 March 28, 2025 the best value apartment in the Lake Terrace area is the $1.03 price per square foot 700 Florida Blvd Model at 700 Florida Blvd, Unit 700 Florida Blvdd. in the in the City Park neighborhood starting from $1,900. 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. |
|---|---|---|---|
| 700 Florida Blvd, Unit 700 Florida Blvdd. | 700 Florida Blvd | 3BR,2.5BA | $1.03 |
| 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 |
| 6823 Louis Xiv St, Unit 6823 Louis XIV St. | 6823 Louis Xiv St | 3BR,2BA | $1.16 |
| 2921 Mandeville St, Unit 2921 | 2921 Mandeville St | 3BR,1BA | $1.50 |
| Marina Vista Apartments | The Shell | 2BR,2BA | $1.49 |
| 5519 Elysian Fields Ave | 5519 Elysian Fields Ave | 2BR,1BA | $1.35 |
| Elysian Courtyards Of Gentilly | Azalea -Available Soon | 2BR,2BA | $1.60 |
| 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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Frequently Asked Questions about Lake Terrace
What type of rentals are currently available in Lake Terrace?
There are currently 90 Apartments for Rent in Lake Terrace, LA with pricing that ranges from $887 to $2,689. There are also 17 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Terrace ranging from $1,150 to $2,750.
What is the current price range for Rental Homes in Lake Terrace?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Lake Terrace ranges from $1,150 to $2,750 with an average monthly rent of $1,620.
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.
Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.
Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.