Cheap Homes for Rent in Lake Terrace Oaks Neighborhood of New Orleans, LA from $1,500 (5 Rentals)

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Search the lowest-cost Homes available for rent right now in the Lake Terrace Oaks area of New Orleans.

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.

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property at 2413 New York St

$2,800

Total Monthly Price

Total Monthly Price

Base Rent
$2,800

Total Monthly Price
$2,800

2 Bedroom, 2 Bath Home for Rent

Available Now

2413 New York St

New OrleansLA70122

Cheapest Available Lake Terrace Oaks Apartments for Rent

 
Apartment ListingModel NameBed/BathPriced From
Chateau Lake TerraceB32BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Chateau Lake TerraceB32BR,2BA$1.75
1735 King Dr, Unit Apartment1735 King Dr2BR,1BA$1.66

Frequently Asked Questions about Lake Terrace Oaks

What type of rentals are currently available in Lake Terrace Oaks?

There are currently 39 Apartments for Rent in Lake Terrace Oaks, LA with pricing that ranges from $847 to $1,903. There are also 5 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Terrace Oaks ranging from $1,550 to $2,800.

What is the current price range for Rental Homes in Lake Terrace Oaks?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Lake Terrace Oaks ranges from $1,550 to $2,800 with an average monthly rent of $2,237.

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

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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.

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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.

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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.

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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.