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Cheap Apartments for Rent in the Lake Terrace Neighborhood of Orlando, FL from $500 (33 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lake Terrace area of Orlando.
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from $1,1001 Bedroom Apartment Available Mar 10
2920 E Jefferson St
2920 E Jefferson StOrlando, FL 32803
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from $1,128Studio to 3 Bedroom Apartments Available Now
Sands Orlando
3700 Curry Ford RdOrlando, FL 32806
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from $1,146Studio to 2 Bedroom Apartments Available Now
The Cornerstone Apartments
2409 S Conway RdOrlando, FL 32812
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from $1,160Studio to 3 Bedroom Apartments Available Now
Woodlake Villas
720 S Conway RdOrlando, FL 32807
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from $1,175Studio to 2 Bedroom Apartments Available Now
Barber Park Apartments
5300 Lake Margaret DrOrlando, FL 32812
4233 E Michigan St
OrlandoFL32812
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from $1,201Studio to 3 Bedroom Apartments Available Now
The Park at Venosa
2320 S Conway RdOrlando, FL 32812
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from $1,2101 to 3 Bedroom Apartments Contact Us For Availability
Goldelm at Salerno
2100 S Conway RdOrlando, FL 32812
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from $1,250Studio Apartment Available Now
1721 Montcalm St, Unit SoDo District Studio
1721 Montcalm StOrlando, FL 32806
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from $1,256Studio to 3 Bedroom Apartments Available Now
Skyhouse Apartments
335 N Magnolia AveOrlando, FL 32801
Orlando's Best Affordable Neighborhoods
Learn about Orlando and the best places to live with original content written by our Local Expert Darla F
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from $1,2951 to 2 Bedroom Apartments Available Now
Dover Gardens
1448 Adriel LnOrlando, FL 32812
715 Delaney Park Dr
OrlandoFL32806
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from $1,3121 to 2 Bedroom Apartments Available Now
Bridgewater by Trion Living
2490 S Conway RdOrlando, FL 32812
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from $1,3551 to 3 Bedroom Apartments Available Now
Lake Lucerne Towers
20 W Lucerne CirOrlando, FL 32801
2416 MAYER Ave
OrlandoFL32806
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from $1,3751 Bedroom Apartment Available Now
1533 Catherine St, Unit 39
1533 Catherine StOrlando, FL 32801
1106 E South St
OrlandoFL32801
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Showing Results 1-33, Page 1 of 1
Lake Terrace, Orlando, FL 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 | $1,728 | $1,146 | $3,834 |
| Lake Terrace 1 Bedroom Apartments | $1,910 | $543 | $5,029 |
| Lake Terrace 2 Bedroom Apartments | $2,303 | $1,086 | $6,823 |
| Lake Terrace 3 Bedroom Apartments | $2,933 | $1,255 | $6,583 |
| Lake Terrace 4 Bedroom Apartments | $2,950 | $2,950 | $2,950 |
Browse Apartments in this Neighborhood
There are currently 33 rentals with your search options within a 2 mile radius of the Lake Terrace Neighborhood of Orlando, FL.
See all Apartments in OrlandoExplore Orlando
Lake Terrace, Orlando, FL Local Guide
- Nearby Orlando neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Available Lake Terrace Apartments for Rent
The cheapest available apartment rental in the Lake Terrace area of Orlando, FL is a 1 Bed unit found at HOLLOW BROOK priced from $543. Woodlake Villas has the second lowest priced unit, which is a Studio apartment currently listed from $1,160. Here are the most affordable Lake Terrace apartments for rent in Orlando, FL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| HOLLOW BROOK | 1 Bedroom 1 Bathroom | 1BR,1BA | $543 |
| Woodlake Villas | Studio | Studio,1BA | $1,160 |
| Barber Park Apartments | Laketree | Studio,1BA | $1,163 |
| Sands Orlando | 1 Bedroom 1A | 1BR,1BA | $1,164 |
| The Park at Venosa | 1BD/1Bath | 1BR,1BA | $1,201 |
| Bridgewater by Trion Living | 1 Bedroom | 1BR,1BA | $1,269 |
| The Cornerstone Apartments | Elm | 1BR,1BA | $1,281 |
| Celano | Thornton | 1BR,1BA | $1,299 |
| SODO FLATS LIVING | 1/1 B | 1BR,1BA | $1,349 |
| Skye at Conway | A2 | 1BR,1BA | $1,350 |
Best Value Apartments for Rent in Lake Terrace, FL
As of March 09, 2025 the best value apartment in the Lake Terrace area is the $1.29 price per square foot 2865 Cayman Way Model at 2865 Cayman Way in the in the Mariner's Village neighborhood starting from $2,389. The second greatest value Lake Terrace apartment is the 3 Bedroom Model at Lake Lucerne Towers starting at $2,190 with a $1.65 price per square foot in the Downtown Orlando 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. |
|---|---|---|---|
| 2865 Cayman Way | 2865 Cayman Way | 3BR,2BA | $1.29 |
| Lake Lucerne Towers | 3 Bedroom | 3BR,3BA | $1.65 |
| Azalea Gardens | Floorplan 2 | 2BR,2BA | $1.46 |
| 322 E Central Blvd, Unit apt 911 | 322 E Central Blvd | 2BR,2BA | $2.07 |
| The Park at Venosa | 3BD/2Bath | 3BR,2BA | $1.70 |
| HOLLOW BROOK | 2 Bedroom 2 Bathroom | 2BR,2BA | $1.38 |
| Conway Forest | Ambersweet | 2BR,2BA | $1.45 |
| Skye at Conway | A3 | 1BR,1BA | $2.06 |
| Bridgewater by Trion Living | 1 Bedroom | 1BR,1BA | $1.81 |
| Dover Gardens | New Lower Rent!! | 1BR,1BA | $1.98 |
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Lifestyle Ratings
ApartmentHomeLiving.com works hard to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals in metropolitan areas across the United States, including Orlando. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including rankings of the best places for proximity to parks, luxury amenities, kid and pet-friendly communities, availability of transit options, and much more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Getting Around the Lake Terrace Neighborhood in Orlando, FL
Walk Score®
70 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
49 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
7 / 100
Minimal Transit
It may be possible to get on a bus
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 Woodlake Villas listed at $1,160.
How much is rent for a Cheap One Bedroom Lake Terrace Apartment?
The lowest price for a Cheap One Bedroom Lake Terrace Apartment is $543 at HOLLOW BROOK.
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 $651 at HOLLOW BROOK.
What is the most affordable Lake Terrace Three Bedroom Apartment?
The best deal on a cheap Lake Terrace Three Bedroom Apartment rental is at HOLLOW BROOK and starts from $753.
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.
An Orlando Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent
Written by: Darla F
For many, Orlando is the place where you vacation, not live. However, this city, located in the central region of Florida, offers a vibrant tech community, plenty of outdoor activities, and some of the best schools in the country.
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.
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.
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.