close
View Me
Rent Specials
from $1,109Studio to 3 Bedroom Apartments Available Now
The Park at Venosa
2320 S Conway RdOrlando, FL 32812
Cheap Apartments for Rent in the Lake Terrace Neighborhood of Orlando, FL from $600 (29 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lake Terrace area of Orlando.
close
View Me
Rent Specials
from $1,114Studio to 3 Bedroom Apartments Available Now
Sands Orlando
3700 Curry Ford RdOrlando, FL 32806
close
View Me
from $1,125Studio to 2 Bedroom Apartments Available Now
Barber Park Apartments
5300 Lake Margaret DrOrlando, FL 32812
close
View Me
Rent Specials
from $1,162Studio to 2 Bedroom Apartments Available Now
The Cornerstone Apartments
2409 S Conway RdOrlando, FL 32812
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.
close
View Me
close
View Me
from $1,2101 to 3 Bedroom Apartments Contact Us For Availability
Goldelm at Salerno
2100 S Conway RdOrlando, FL 32812
close
View Me
close
View Me
Rent Specials
from $1,248Studio to 3 Bedroom Apartments Available Now
Woodlake Villas
720 S Conway RdOrlando, FL 32807
close
View Me
from $1,329Studio to 3 Bedroom Apartments Available Now
Skyhouse Apartments
335 N Magnolia AveOrlando, FL 32801
close
View Me
Rent Specials
from $1,3501 to 2 Bedroom Apartments Available Aug 9
Dover Gardens
1448 Adriel LnOrlando, FL 32812
close
View Me
Rent Specials
from $1,3501 to 2 Bedroom Apartments Available Now
Skye at Conway
3149 Landtree PlOrlando, FL 32812
close
View Me
from $1,3501 Bedroom Apartment Available Now
1430 Lake Weldona Dr, Unit 1 Bdrm Appt - Lake Views
1430 Lake Weldona DrOrlando, FL 32806
close
View Me
Rent Specials
from $1,3631 to 2 Bedroom Apartments Available Now
Bridgewater by Trion Living
2490 S Conway RdOrlando, FL 32812
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.
517 E Livingston St
OrlandoFL32803
close
View Me
from $1,3901 to 3 Bedroom Apartments Available Now
Enclave at Lake Underhill Apartments
4004 Lake Underhill RdOrlando, FL 32803
1531 Catherine St
OrlandoFL32801
close
View Me
close
View Me
close
View Me
close
View Me
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
close
View Me
close
View Me
Showing Results 1-29, Page 1 of 1
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 | $1,807 | $1,091 | $3,587 |
| Lake Terrace 1 Bedroom Apartments | $1,908 | $1,114 | $4,712 |
| Lake Terrace 2 Bedroom Apartments | $2,227 | $1,410 | $5,447 |
| Lake Terrace 3 Bedroom Apartments | $2,787 | $1,648 | $8,446 |
Browse Apartments in this Neighborhood
There are currently 29 rentals with your search options within a 2 mile radius of the Lake Terrace Neighborhood of Orlando, FL.
See all Apartments in OrlandoExplore Orlando
Lake Terrace, Orlando, FL Local Guide
- Nearby Orlando neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Available Lake Terrace Apartments for Rent
The cheapest available apartment rental in the Lake Terrace area of Orlando, FL is a Studio unit found at The Cornerstone Apartments priced from $1,091. Barber Park Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,213. Here are the most affordable Lake Terrace apartments for rent in Orlando, FL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Cornerstone Apartments | Palm | Studio,1BA | $1,091 |
| Barber Park Apartments | Fairview | 1BR,1BA | $1,213 |
| The Park at Venosa | 1BD/1Bath | 1BR,1BA | $1,234 |
| HOLLOW BROOK | 1 Bedroom 1 Bathroom | 1BR,1BA | $1,243 |
| Conway Forest | Tangelo | 1BR,1BA | $1,299 |
| Celano | Thornton | 1BR,1BA | $1,299 |
| SODO FLATS LIVING | 1/1 B | 1BR,1BA | $1,299 |
| Woodlake Villas | 1x1 | 1BR,1BA | $1,299 |
| Skye at Conway | A2 | 1BR,1BA | $1,350 |
| Bridgewater by Trion Living | 1 Bedroom | 1BR,1BA | $1,363 |
Best Value Apartments for Rent in Lake Terrace, FL
As of July 05, 2025 the best value apartment in the Lake Terrace area is the $1.46 price per square foot Floorplan 2 Model at Azalea Gardens in the in the North Orange neighborhood starting from $1,750. The second greatest value Lake Terrace apartment is the 103 S Osceola Ave Model at 103 S Osceola Ave, Unit 1 starting at $1,700 with a $2.04 price per square foot in the Downtown Orlando 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. |
|---|---|---|---|
| Azalea Gardens | Floorplan 2 | 2BR,2BA | $1.46 |
| 103 S Osceola Ave, Unit 1 | 103 S Osceola Ave | 1BR,1BA | $2.04 |
| The Frederick | The Briercliff | 1BR,1BA | $1.94 |
| Lake Lucerne Towers | 1 Bedroom | 1BR,1BA | $1.83 |
| Woodlake Villas | 1x1 | 1BR,1BA | $1.73 |
| HOLLOW BROOK | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.67 |
| Conway Forest | Tangelo | 1BR,1BA | $1.78 |
| Bridgewater by Trion Living | 1 Bedroom | 1BR,1BA | $1.88 |
| Sands Orlando | 1 Bedroom 1C | 1BR,1BA | $2.01 |
| Barber Park Apartments | Fairview | 1BR,1BA | $1.84 |
Quick Rent Budget Calculator
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.
Let everyone know!
Do you know the Lake Terrace area?
If you’re an expert on all things Lake Terrace, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Lifestyle Ratings
ApartmentHomeLiving.com works hard to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals in metropolitan areas across the United States, including Orlando. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including rankings of the best places for proximity to parks, luxury amenities, kid and pet-friendly communities, availability of transit options, and much more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Getting Around the Lake Terrace Neighborhood in Orlando, FL
Walk Score®
70 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
49 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
7 / 100
Minimal Transit
It may be possible to get on a bus
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Lake Terrace Apartments
What is the Cheapest Studio apartment in Lake Terrace?
Currently the most affordable Cheap Studio Apartment in Lake Terrace is at The Cornerstone Apartments listed at $1,091.
How much is rent for a Cheap One Bedroom Lake Terrace Apartment?
The lowest price for a Cheap One Bedroom Lake Terrace Apartment is $1,162 at The Cornerstone Apartments.
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 $1,410 at Barber Park Apartments.
What is the most affordable Lake Terrace Three Bedroom Apartment?
The best deal on a cheap Lake Terrace Three Bedroom Apartment rental is at HOLLOW BROOK and starts from $1,648.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.
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.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.