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
property at 206 E South St

206 E South St

OrlandoFL32801

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 101 S Eola Dr

101 S Eola Dr

OrlandoFL32801
property at 5323 Kalmia Dr

5323 Kalmia Dr

OrlandoFL32807
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 Studio unit found at Barber Park Apartments priced from $1,137. The Cornerstone Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,215. Here are the most affordable Lake Terrace apartments for rent in Orlando, FL:

Apartment ListingModel NameBed/BathPriced From
Barber Park ApartmentsLaketreeStudio,1BA$1,137
The Cornerstone Apartments0x1 Palm Studio S1UStudio,1BA$1,215
CelanoEola1BR,1BA$1,299
SODO FLATS LIVING1/1 AU1BR,1BA$1,299
Conway ForestTangelo1BR,1BA$1,379
Skye at ConwayA11BR,1BA$1,430
Woodlake Villas1x11BR,1BA$1,448
MAA ParksideStudio 0x1 501-504 SFStudio,1BA$1,472
Sands Orlando1 Bedroom 1C1BR,1BA$1,473

Best Value Apartments for Rent in Lake Terrace, FL

As of April 12, 2025 the best value apartment in the Lake Terrace area is the $1.46 price per square foot Floorplan 2 Model at Azalea Gardens in the in the North Orange neighborhood starting from $1,750. The second greatest value Lake Terrace apartment is the The Gatlin Model at The Frederick starting at $2,249 with a $1.91 price per square foot in the Mariner's Village 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.
Azalea GardensFloorplan 22BR,2BA$1.46
The FrederickThe Gatlin3BR,2BA$1.91
The Park at Venosa3BD/2Bath3BR,2BA$1.70
Lake Lucerne Towers2 Bedroom2BR,1BA$1.91
Enclave at Lake Underhill Apartments2 Bed 2 Bath 915 SF2BR,2BA$1.89
Dover GardensNew Lower Rent!! -Only ONE Left!2BR,2BA$1.79
Woodlake Villas1x11BR,1BA$1.93
Conway ForestTangelo1BR,1BA$1.89
Bridgewater by Trion Living1 Bedroom1BR,1BA$2.04
Sands Orlando1 Bedroom 1C1BR,1BA$2.06

Frequently Asked Questions about Lake Terrace

What type of rentals are currently available in Lake Terrace?

There are currently 183 Apartments for Rent in Lake Terrace, FL with pricing that ranges from $1,129 to $10,385. 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 $2,515.

How much are larger Three and Four Bedroom Rentals in Lake Terrace?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Lake Terrace range from $1,755 to $7,143, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,895 to $4,445. Four Bedroom Single-Family rentals are also available starting from $2,595 and Four Bedroom Apartments start at $2,235.

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 An Orlando Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent article

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.

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 Renting Smart: Lease Basics Every Renter Needs article

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.

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.