
Cheap Apartments for Rent in the Lake Terrace Oaks Neighborhood of New Orleans, LA from $900 (3 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lake Terrace Oaks area of New Orleans.

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Columbia Parc at the Bayou District
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Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Elysian Courtyards Of Gentilly
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 | $1,143 | $959 | $1,244 |
Lake Terrace Oaks 2 Bedroom Apartments | $1,563 | $1,326 | $1,900 |
Lake Terrace Oaks 3 Bedroom Apartments | $1,751 | $1,510 | $1,911 |
Explore New Orleans
Lake Terrace Oaks, New Orleans, LA Local Guide
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Best Value Apartments for Rent in Lake Terrace Oaks, LA
As of June 09, 2025 the best value apartment in the Lake Terrace Oaks area is the $1.41 price per square foot Magnolia Model at Elysian Courtyards Of Gentilly in the in the City Park neighborhood starting from $1,362. The second greatest value Lake Terrace Oaks apartment is the B1 Model at Chateau Lake Terrace starting at $1,485 with a $1.73 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. |
---|---|---|---|
Elysian Courtyards Of Gentilly | Magnolia | 2BR,2BA | $1.41 |
Chateau Lake Terrace | B1 | 2BR,1BA | $1.73 |
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Pet Friendly Lifestyle
Ranked #
Pet Friendliness Lifestyle Score
Getting Around the Lake Terrace Oaks Neighborhood in New Orleans, LA
Walk Score®
46 / 100
Car-Dependent
Most errands require a car
Bike Score®
49 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
40 / 100
Some Transit
A few nearby public transportation options
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 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 1 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
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.

A Local Expert’s Top Budget-Friendly Neighborhoods to Rent in New Orleans
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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.

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You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
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Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
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