
Cheap Apartments for Rent in the Lake Terrace Oaks Neighborhood of New Orleans, LA from $700 (13 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lake Terrace Oaks area of New Orleans.


Columbia Parc at the Bayou District

Elysian Courtyards Of Gentilly

1735 King Dr, Unit Apartment

Chateau Orleans

4500 Elysian Fields Ave
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Magnolia Gardens

Kuebel Village Apartments

The Gentilly

St. John Berchmans Manor

7700 Downman Rd

Filmore Parc Apartments
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4408 Congress Dr
Lake Terrace Oaks, New Orleans, LA Local Guide

How much does it cost to rent an apartment in Lake Terrace Oaks?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lake Terrace Oaks 1 Bedroom Apartments | $1,242 | $847 | $1,365 |
| Lake Terrace Oaks 2 Bedroom Apartments | $1,426 | $1,008 | $1,628 |
| Lake Terrace Oaks 3 Bedroom Apartments | $1,775 | $1,600 | $1,903 |
Browse Apartments in this Neighborhood
There are currently 13 rentals with your search options within a 2 mile radius of the Lake Terrace Oaks Neighborhood of New Orleans, LA.
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Cheapest Available Lake Terrace Oaks Apartments for Rent
 | Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Elysian Courtyards Of Gentilly | Iris | 1BR,1BA | $847 |
| Chateau Lake Terrace | A2 | 1BR,1BA | $1,215 |
Best Value Apartments for Rent in Lake Terrace Oaks, LA
As of March 02, 2026 the best value apartment in the Lake Terrace Oaks area is the $1.66 price per square foot 2483 Verbena St Model at 2483 Verbena St, Unit 2483 in the in the Lake Terrace neighborhood starting from $1,325. The second greatest value Lake Terrace Oaks apartment is the 1735 King Dr Model at 1735 King Dr, Unit Apartment starting at $1,325 with a $1.66 price per square foot in the City Park neighborhood. Here is today’s list of the best values for Lake Terrace Oaks apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 2483 Verbena St, Unit 2483 | 2483 Verbena St | 2BR,1BA | $1.66 |
| 1735 King Dr, Unit Apartment | 1735 King Dr | 2BR,1BA | $1.66 |
| Elysian Courtyards Of Gentilly | Iris | 1BR,1BA | $1.18 |
| Chateau Lake Terrace | A2 | 1BR,1BA | $1.71 |
Frequently Asked Questions about Cheap Lake Terrace Oaks Apartments
What types of apartments are the cheapest in Lake Terrace Oaks?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 2 regular apartments in Lake Terrace Oaks that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
Expert Rental Resources
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.
Articles, How-To's, and Tips

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.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.