6570 Louis Xiv St
New OrleansLA70124
Cheap Homes for Rent in Lake Terrace Neighborhood of New Orleans, LA from $800 (9 Rentals)
Search the lowest-cost Homes available for rent right now in the Lake Terrace area of New Orleans.
3135 Eads St
New OrleansLA70122
1868 Benefit St
New OrleansLA70122
2538 Lavender St
New OrleansLA70122
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.
3875 Pauger St
New OrleansLA70122
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$1,3003 Bedroom Apartments Available Now
3327 Elysian Fields Ave
3327 Elysian Fields AveNew Orleans, LA 70122
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$1,3002 Bedroom Apartments Available Now
8003 W Laverne St
8003 W Laverne StNew Orleans, LA 70126
228 Jewel St, Unit 228 Jewel St. Unit 2
228 Jewel St
New OrleansLA70124
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.
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$1,3002 Bedroom Apartments Available Now
5109 Arts St
5109 Arts StNew Orleans, LA 70122
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Lake Terrace, New Orleans, LA Local Guide
How much does it cost to rent a home in Lake Terrace?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lake Terrace 2 Bedroom Homes for Rent | $1,701 | $1,100 | $2,500 |
| Lake Terrace 3 Bedroom Homes for Rent | $2,158 | $1,800 | $2,500 |
| Lake Terrace 4 Bedroom Homes for Rent | $2,093 | $1,750 | $2,400 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 9 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 Elysian Courtyards Of Gentilly priced from $847. 6564 Fleur De Lis Dr has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,000. Here are the most affordable Lake Terrace apartments for rent in New Orleans, LA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Elysian Courtyards Of Gentilly | Iris | 1BR,1BA | $847 |
| 6564 Fleur De Lis Dr | 1 Bed / 1 Bath | 1BR,1BA | $1,000 |
| Chateau Lake Terrace | A2 | 1BR,1BA | $1,215 |
Best Value Apartments for Rent in Lake Terrace, LA
As of March 02, 2026 the best value apartment in the Lake Terrace area is the $1.17 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 $2,100. The second greatest value Lake Terrace apartment is the 2483 Verbena St Model at 2483 Verbena St, Unit 2483 starting at $1,325 with a $1.66 price per square foot in the Lake Terrace 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 | $1.17 |
| 2483 Verbena St, Unit 2483 | 2483 Verbena St | 2BR,1BA | $1.66 |
| 1735 King Dr, Unit Apartment | 1735 King Dr | 2BR,1BA | $1.66 |
| Elysian Courtyards Of Gentilly | Iris | 1BR,1BA | $1.18 |
| Chateau Lake Terrace | A2 | 1BR,1BA | $1.71 |
| 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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Pet Friendly LifestyleLake Terrace, New Orleans, LA
Ranked #71
Among cities in Louisiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Frequently Asked Questions about Lake Terrace
What type of rentals are currently available in Lake Terrace?
There are currently 77 Apartments for Rent in Lake Terrace, LA with pricing that ranges from $847 to $2,400. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Terrace ranging from $850 to $2,500.
What is the current price range for Rental Homes in Lake Terrace?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Lake Terrace ranges from $850 to $2,500 with an average monthly rent of $1,743.
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.
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
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.