
Cheap Homes for Rent in Lake Terrace Neighborhood of Orlando, FL from $1,200 (36 Rentals)
Search the lowest-cost Homes available for rent right now in the Lake Terrace area of Orlando.


525 Conway Rd

5317 Curry Ford Rd

1802 E Harding St

2450 Raeford Rd

1928 Conway Rd

204 E South St

11 N Mills Ave

202 E South St, Unit 202 E South St #3047

35 Hill Ave
Orlando's Best Affordable Neighborhoods
Learn about Orlando and the best places to live with original content written by our Local Expert Darla F

206 E South St

304 E South St

3034 Martin St

304 E South St, Unit 6020

1948 Conway Rd

4399 E Michigan St

754 E Michigan St

304 E South St, Unit 1023

1920 Conway Rd

5232 Curry Ford Rd

1008 Elmwood St

101 S Eola Dr

730 E Michigan St

3124 S Bumby Ave

1916 Conway Rd

613 E Ridgewood St

2457 Fielding Court

4210 Lake Underhill Rd

1317 E South St

1434 E Gore St

213 S Lakewood Dr

1303 E Harding St

738 E Michigan St

322 E Central Blvd

2443 S Mills Ave

3012 E Jefferson St
Lake Terrace, Orlando, FL 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 | $2,249 | $1,500 | $4,500 |
Lake Terrace 3 Bedroom Homes for Rent | $2,833 | $1,905 | $4,150 |
Lake Terrace 4 Bedroom Homes for Rent | $3,877 | $2,240 | $5,350 |
Lake Terrace 5 Bedroom Homes for Rent | $2,999 | $2,999 | $2,999 |
Browse Homes for Rent in this Neighborhood
There are currently 36 rentals with your search options within a 2 mile radius of the Lake Terrace Neighborhood of Orlando, FL.
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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. Sands Orlando has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,164. 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 |
Sands Orlando | 1 Bedroom 1A | 1BR,1BA | $1,164 |
Barber Park Apartments | Laketree | Studio,1BA | $1,175 |
Woodlake Villas | Studio | Studio,1BA | $1,195 |
The Cornerstone Apartments | 0x1 Palm Studio S1U | Studio,1BA | $1,216 |
SODO FLATS LIVING | 1/1 AU | 1BR,1BA | $1,299 |
Bridgewater by Trion Living | 1 Bedroom | 1BR,1BA | $1,357 |
Dover Gardens | New Lower Rent!! | 1BR,1BA | $1,395 |
Skyhouse Apartments | Studio 4 | Studio,1BA | $1,402 |
Best Value Apartments for Rent in Lake Terrace, FL
As of March 22, 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
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 |
Lofts at SoDo | Delaney | 1BR,1BA | $2.07 |
Bridgewater by Trion Living | 1 Bedroom | 1BR,1BA | $1.87 |
Dover Gardens | New Lower Rent!! | 1BR,1BA | $1.98 |
2920 E Jefferson St | 2920 E Jefferson St | 1BR,1BA | $1.57 |
Frequently Asked Questions about Lake Terrace
What type of rentals are currently available in Lake Terrace?
There are currently 172 Apartments for Rent in Lake Terrace, FL with pricing that ranges from $543 to $5,971. There are also 110 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 $2,504.
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.