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$1,000 - $1,1001 Bedroom Apartments Available Now
6564 Fleur De Lis Dr
6564 Fleur De Lis DrNew Orleans, LA 70124
Cheap Apartments for Rent in the Lake Terrace Neighborhood of New Orleans, LA from $800 (19 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lake Terrace area of New Orleans.
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$1,135 - $1,9031 to 3 Bedroom Apartments Available Now
Chateau Lake Terrace
1610 Allen Toussaint BlvdNew Orleans, LA 70122
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$1,149 - $1,3621 to 2 Bedroom Apartments Contact Us For Availability
Elysian Courtyards Of Gentilly
3000 Gentilly BlvdNew Orleans, LA 70122
2538 Lavender St
New OrleansLA70122
137 18th St
New OrleansLA70124
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$1,250 - $2,400Studio to 2 Bedroom Apartments Available Now
Sailboat Bay
8600 Pontchartrain BlvdNew Orleans, LA 70124
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.
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$1,295 - $1,7501 to 3 Bedroom Apartments Contact Us For Availability
Columbia Parc at the Bayou District
1400 Milton StNew Orleans, LA 70122
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$1,3002 Bedroom Apartments Available Now
5109 Arts St
5109 Arts StNew Orleans, LA 70122
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2 Bedroom Apartments
7700 Downman Rd
7700 Downman RdNew Orleans, LA 70126
3251 St Ferdinand St
New OrleansLA70126
3027 Allen St
New OrleansLA70122
2507 Jonquil St
New OrleansLA70122
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
1868 Benefit St
New OrleansLA70122
6234 Arts St
New OrleansLA70122
5105 Baccich St
New OrleansLA70122
6233 Music St
New OrleansLA70122
2464 Mexico St
New OrleansLA70122
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3 Bedroom Apartments
6254-6256 Bellaire Dr
6254-6256 Bellaire DrNew Orleans, LA 70124
The Art of the Rental Viewing: What to look for during a property tour
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.
2129 Mandolin St
New OrleansLA70122
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Lake Terrace, New Orleans, LA Local Guide
How much does it cost to rent an apartment in Lake Terrace?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lake Terrace Studio Apartments | $1,300 | $1,250 | $1,350 |
| Lake Terrace 1 Bedroom Apartments | $1,205 | $1,000 | $1,550 |
| Lake Terrace 2 Bedroom Apartments | $1,572 | $1,300 | $2,400 |
| Lake Terrace 3 Bedroom Apartments | $1,861 | $1,450 | $2,400 |
Browse Apartments in this Neighborhood
There are currently 19 rentals with your search options within a 3 mile radius of the Lake Terrace Neighborhood of New Orleans, LA.
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Lake Terrace, New Orleans, LA Local Guide
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Cheapest Available Lake Terrace Apartments for Rent
The cheapest available apartment rental in the Lake Terrace area of New Orleans, LA is a 1 Bed unit found at 6564 Fleur De Lis Dr priced from $1,000. Sailboat Bay has the second lowest priced unit, which is a Studio apartment currently listed from $1,250. Here are the most affordable Lake Terrace apartments for rent in New Orleans, LA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 6564 Fleur De Lis Dr | 1 Bed / 1 Bath | 1BR,1BA | $1,000 |
| Sailboat Bay | Studio | Studio,1BA | $1,250 |
| Chateau Lake Terrace | B4 | 2BR,2BA | $1,473 |
| Marina Vista Apartments | The Shell | 2BR,2BA | $1,775 |
Best Value Apartments for Rent in Lake Terrace, LA
As of January 13, 2026 the best value apartment in the Lake Terrace area is the $1.25 price per square foot 117 28th St Model at 117 28th St, Unit 117 28th St in the in the City Park neighborhood starting from $2,250. The second greatest value Lake Terrace apartment is the The Shell Model at Marina Vista Apartments starting at $1,775 with a $1.45 price per square foot in the City Park neighborhood. Here is today’s list of the best values for Lake Terrace apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 117 28th St, Unit 117 28th St | 117 28th St | 3BR,2.5BA | $1.25 |
| Marina Vista Apartments | The Shell | 2BR,2BA | $1.45 |
| Chateau Lake Terrace | B1 | 2BR,1BA | $1.72 |
| 1735 King Dr, Unit Apartment | 1735 King Dr | 2BR,1BA | $1.91 |
| 6564 Fleur De Lis Dr | 1 Bed / 1 Bath | 1BR,1BA | $1.67 |
| Sailboat Bay | Studio | Studio ,1BA | $2.40 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
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Pet Friendly LifestyleLake Terrace, New Orleans, LA
Ranked #52
Among cities in Louisiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Frequently Asked Questions about Cheap Lake Terrace Apartments
How much is rent for a Cheap One Bedroom Lake Terrace Apartment?
The lowest price for a Cheap One Bedroom Lake Terrace Apartment is $1,000 at 6564 Fleur De Lis Dr.
What is the lowest price for a Cheap Two Bedroom Lake Terrace Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Lake Terrace is starting from $1,473 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.
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.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.