
Cheap 2 Bedroom Apartments for Rent in the Lake Terrace Neighborhood of Orlando, FL from $528 (37 Rentals)


Total Monthly Price
The Cornerstone Apartments

Goldelm at Salerno

Woodlake Villas

Total Monthly Price
Skye at Conway

Total Monthly Price
Sands Orlando

Lake Lucerne Towers

516 E Esther St, Unit Unit A

Barber Park Apartments
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.

4895 E Wind St

Magnolia Apartments

Bridgewater by Trion Living

Lakeview & Springhaven Apartments

Lake Lucerne Towers

Delaney Court Apartments

Whitney Grove Apartments

5234 Curry Ford Rd
Renting with Roommates: Realistic Expectations for Shared Lease
Sharing a lease? Learn how to set clear expectations with your roommates on routines, bills, and cleaning to ensure a successful and peaceful shared living arrangement.

Conway Club

Watauga Woods Apartments

2330 S Ferncreek Ave

1948 Conway Rd

4019 E Michigan St

2452 E Illiana St

Bocage Apartments

525 Conway Rd

126-132 E Harding St
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.

Whitney Groves Apartments

2810 Kilgore St

5424 E Michigan St

2276 Raeford Rd

Conway Forest

Gardens at Grant

2887 S Osceola Ave

2786 Curry Ford Rd

Park Plaza Apartments
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.

55 WEST
Lake Terrace, Orlando, FL 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 | $1,606 | $750 | $2,673 |
| Lake Terrace 1 Bedroom Apartments | $1,719 | $452 | $2,590 |
Lake Terrace 2 Bedroom Apartments | $2,010 | $528 | $3,372 |
| Lake Terrace 3 Bedroom Apartments | $3,148 | $588 | $9,000 |
| Lake Terrace 4 Bedroom Apartments | $5,181 | $3,600 | $8,500 |
Explore Orlando
Frequently Asked Questions about Cheap Lake Terrace Apartments
What is a cheap apartment in Lake Terrace?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Lake Terrace is under $1,225.
What is the price of a cheap apartment in Lake Terrace?
The cheapest apartment in Lake Terrace is Hollow Brook which is listed at $1,240, while the average apartment in Lake Terrace costs $6,522.
What types of apartments are the cheapest in Lake Terrace?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 9 regular apartments in Lake Terrace that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Lake Terrace?
Cheap apartments in Lake Terrace have an average cost of $208 which is $6,314 cheaper than the average rent for all rentals in 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.
Helpful Local Expert Guides

An Orlando Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent
Written by: Darla Ferrara
For many, Orlando is the place where you vacation, not live. However, this city, located in the central region of Florida, offers a vibrant tech community, plenty of outdoor activities, and some of the best schools in the country.

Your Guide to the Perfect Orlando Neighborhood for Student Renters
Written by: Darla Ferrara
There is never a dull moment in Orlando, Florida. Along with top-tier universities, technical schools, and local colleges, there are world-class entertainment venues, the ocean within driving distance, and lots of sunshine.

Unlock Your Orlando Commute: An Expert Guide to Ideal Neighborhoods Near Major Local Employers
Written by: Darla Ferrara
When I first moved to Orlando, Florida, in the 1990s, one of the things that drew me here was the remarkably low unemployment rates. There was a job for everyone. Two decades later, that fundamental appeal remains.

The Soul of the City Beautiful: What Life in Orlando Is Really Like
Written by: Darla Ferrara
When people think of Orlando, Florida, they dream of theme parks and sunny weather, and rightfully so. It’s that energy that keeps this city a mainstay in the global tourist industry.
Articles, How-To's, and Tips

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.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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.
