Cheap Homes for Rent in Lake Terrace Neighborhood of Orlando, FL from $1,200 (32 Rentals)

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

property at 1928 Conway Rd

1928 Conway Rd

OrlandoFL32812

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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property at 206 E South St

206 E South St

OrlandoFL32801
property at 101 S Eola Dr

101 S Eola Dr

OrlandoFL32801
Showing Results 1-32, Page 1 of 1

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 Sands Orlando priced from $1,166. Barber Park Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,175. Here are the most affordable Lake Terrace apartments for rent in Orlando, FL:

Apartment ListingModel NameBed/BathPriced From
Sands Orlando1 Bedroom 1A1BR,1BA$1,166
Barber Park ApartmentsLaketreeStudio,1BA$1,175
The Cornerstone Apartments0x1 Palm Studio S1UStudio,1BA$1,216
Woodlake VillasStudioStudio,1BA$1,247
SODO FLATS LIVING1/1 AU1BR,1BA$1,299
Bridgewater by Trion Living1 Bedroom1BR,1BA$1,345
Skyhouse ApartmentsStudio 4Studio,1BA$1,404
The FrederickThe Grant1BR,1BA$1,429
Skye at ConwayA11BR,1BA$1,430

Best Value Apartments for Rent in Lake Terrace, FL

As of March 27, 2025 the best value apartment in the Lake Terrace area is the $1.65 price per square foot 3 Bedroom Model at Lake Lucerne Towers in the in the Downtown Orlando neighborhood starting from $2,190. The second greatest value Lake Terrace apartment is the Floorplan 2 Model at Azalea Gardens starting at $1,750 with a $1.46 price per square foot in the North Orange 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.
Lake Lucerne Towers3 Bedroom3BR,3BA$1.65
Azalea GardensFloorplan 22BR,2BA$1.46
322 E Central Blvd, Unit apt 911322 E Central Blvd2BR,2BA$2.07
322 E Central Blvd, Unit 1506322 E Central Blvd2BR,2BA$2.31
Lofts at SoDoDelaney1BR,1BA$2.06
Hourglass Flats1/1 Renovated1BR,1BA$2.15
Bridgewater by Trion Living1 Bedroom1BR,1BA$1.86
2920 E Jefferson St2920 E Jefferson St1BR,1BA$1.57
The FrederickThe Grant1BR,1BA$2.17
Skye at ConwayA11BR,1BA$2.38

Frequently Asked Questions about Lake Terrace

What type of rentals are currently available in Lake Terrace?

There are currently 170 Apartments for Rent in Lake Terrace, FL with pricing that ranges from $1,100 to $6,317. There are also 100 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Terrace ranging from $1,200 to $5,350.

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 $1,200 to $5,350 with an average monthly rent of $2,481.

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.

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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.

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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.

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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.

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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.