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$847 - $1,3621 to 2 Bedroom Apartments Contact Us For Availability
Elysian Courtyards Of Gentilly
3000 Gentilly BlvdNew Orleans, LA 70122
Cheap Apartments for Rent in the Lake Terrace Neighborhood of New Orleans, LA from $800 (17 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lake Terrace area of New Orleans.
3251 St Ferdinand St
New OrleansLA70126
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$993 - $1,9031 to 3 Bedroom Apartments Available Now
Chateau Lake Terrace
1610 Allen Toussaint BlvdNew Orleans, LA 70122
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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
3135 Eads St
New OrleansLA70122
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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$1,200
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2 Bedroom Apartment Available NowTotal Monthly Price
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$1,200
Total Monthly Price
$1,200
3314 Touro St, Unit 3314 touro
3314 Touro StNew Orleans, LA 70122
6222 Arts St
New OrleansLA70122
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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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$1,300 - $2,400
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,300 - $2,400
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$1,300 - $2,400
Sailboat Bay
8600 Pontchartrain BlvdNew Orleans, LA 70124
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2 Bedroom Apartments
7700 Downman Rd
7700 Downman RdNew Orleans, LA 70126
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.
3216 Deers St
New OrleansLA70122
1868 Benefit St
New OrleansLA70122
5521 Wickfield Dr
New OrleansLA70122
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3 Bedroom Apartments
6254-6256 Bellaire Dr
6254-6256 Bellaire DrNew Orleans, LA 70124
1905 Montegut St
New OrleansLA70117
Cash 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.
5922 Marigny St
New OrleansLA70122
3620 Clermont Dr
New OrleansLA70122
Showing Results 1-17, Page 1 of 1
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 1 Bedroom Apartments | $1,193 | $847 | $1,500 |
| Lake Terrace 2 Bedroom Apartments | $1,608 | $1,008 | $2,400 |
| Lake Terrace 3 Bedroom Apartments | $1,808 | $1,599 | $1,950 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 17 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. Chateau Lake Terrace has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,112. 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 |
| Chateau Lake Terrace | A2 | 1BR,1BA | $1,112 |
| Sailboat Bay | 1 Bed 1 Bath | 1BR,1BA | $1,300 |
| Marina Vista | 2 BR | 2 BA | 2BR,2BA | $1,891 |
Best Value Apartments for Rent in Lake Terrace, LA
As of July 09, 2026 the best value apartment in the Lake Terrace area is the $1.05 price per square foot 700 Florida Blvd Model at 700 Florida Blvd, Unit 700 Florida Blvd. in the in the City Park neighborhood starting from $1,950. The second greatest value Lake Terrace apartment is the 3314 Touro St Model at 3314 Touro St, Unit 3314 touro starting at $1,200 with a $0.71 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. |
|---|---|---|---|
| 700 Florida Blvd, Unit 700 Florida Blvd. | 700 Florida Blvd | 3BR,2.5BA | $1.05 |
| 3314 Touro St, Unit 3314 touro | 3314 Touro St | 2BR,1BA | $0.71 |
| Marina Vista | 2 BR | 2 BA | 2BR,2BA | $1.54 |
| Chateau Lake Terrace | B3 | 2BR,2BA | $1.67 |
| Sailboat Bay | 1 Bed 1 Bath w/ Den | 1BR,1BA | $1.88 |
| 6564 Fleur De Lis Dr | 1 Bed / 1 Bath | 1BR,1BA | $1.67 |
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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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How much rent can you afford?
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 $1,507 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.
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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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Written by: Melissa Maxwell
Congratulations on getting into college! The next four years are going to be pretty exciting. If you got into a college in The Big Easy, just remember that it isn't always Mardi Gras.
Mardi Gras on the Weekends: The Best Neighborhoods to Rent Near New Orleans Top Employers
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I'm Melissa, your ApartmentHomeLiving.com Local Expert for New Orleans and I'm here to tell you about the best places to live and work in The Big Easy. Not every day is Mardi Gras! We work too.
Welcome to the Big Easy: A Local Insider's Guide to New Orleans
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For many people, the closest they come to New Orleans is watching The Princess and the Frog or that episode of The Simpsons where Marge stars in a musical based on A Streetcar Named Desire.
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Renters Insurance 101: What It Is, What It Covers, and Why You Need It
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Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
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There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.
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Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.