Cheap Homes for Rent in Lake Terrace Neighborhood of New Orleans, LA from $1,100 (4 Rentals)

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Search the lowest-cost Homes available for rent right now in the Lake Terrace area of New Orleans.

property at 2346 Dreux Ave

2346 Dreux Ave

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

Lake Terrace, New Orleans, LA Local Guide

Best Value Apartments for Rent in Lake Terrace, LA

As of March 24, 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 ListingModel NameBed/BathPrice Per Sq.Ft.
700 Florida Blvd, Unit 700 Florida Blvdd.700 Florida Blvd3BR,2.5BA$1.03
244 14th St, Unit 244 14th downstairs244 14th St2BR,1BA$1.02
Wilshire HeightsLuxury 3 Bedrooms, 2 Baths3BR,2BA$1.22
6823 Louis Xiv St, Unit 6823 Louis XIV St.6823 Louis Xiv St3BR,2BA$1.16
2921 Mandeville St, Unit 29212921 Mandeville St3BR,1BA$1.50
Marina Vista ApartmentsThe Shell2BR,2BA$1.49
5519 Elysian Fields Ave5519 Elysian Fields Ave2BR,1BA$1.35
Elysian Courtyards Of GentillyAzalea -Available Soon2BR,2BA$1.60
6564 Fleur De Lis DrOne Bedroom1BR,1BA$1.67
6057 Vermillion Blvd, Unit B6057 Vermillion Blvd1BR,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 $849 to $2,689. There are also 19 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 $1,608.

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.

decorative image for A Local Expert’s Top Budget-Friendly Neighborhoods to Rent in New Orleans article

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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.

decorative image for What to Know About Fees and Fines When Renting article

What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

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.