
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
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Magnolia Gardens

Kuebel Village Apartments

The Gentilly

St. John Berchmans Manor

7700 Downman Rd

Filmore Parc Apartments
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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 | $1,201 | $847 | $1,350 |
| Lake Terrace Oaks 2 Bedroom Apartments | $1,534 | $1,008 | $1,824 |
| 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 |
|---|---|---|---|
| Chateau Lake Terrace | B3 | 2BR,2BA | $1,579 |
Best Value Apartments for Rent in Lake Terrace Oaks, LA
As of June 01, 2026 the best value apartment in the Lake Terrace Oaks area is the $1.75 price per square foot B3 Model at Chateau Lake Terrace in the in the City Park neighborhood starting from $1,579. 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. |
|---|---|---|---|
| Chateau Lake Terrace | B3 | 2BR,2BA | $1.75 |
| 1735 King Dr, Unit Apartment | 1735 King Dr | 2BR,1BA | $1.66 |
Frequently Asked Questions about Cheap Lake Terrace Oaks Apartments
What is the lowest price for a Cheap Two Bedroom Lake Terrace Oaks Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Lake Terrace Oaks is starting from $1,579 at Chateau Lake Terrace.
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.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.