1815 Larkin Ave
OrlandoFL32812
Cheap Homes for Rent in the Lake Terrace Neighborhood of Orlando, FL from $700 (26 Rentals)
Search the lowest-cost Homes available for rent right now in the Lake Terrace area of Orlando.
1406 Conway Rd
OrlandoFL32812
close
View Me
$7001 Bedroom Apartments Available Now
2014 Newman St, Unit 1
2014 Newman StOrlando, FL 32803
1815 Larkin Ave
OrlandoFL32812
1406 Conway Rd
OrlandoFL32812
1815 Larkin Ave
OrlandoFL32812
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.
1406 Conway Rd
OrlandoFL32812
4510 Cranston Pl
OrlandoFL32812
2330 S Ferncreek Ave
OrlandoFL32806
4510 Cranston Pl
OrlandoFL32812
407 Shine Ave
OrlandoFL32803
30 N Primrose Dr
OrlandoFL32803
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.
4073 E Michigan St
OrlandoFL32812
2505 E Central Blvd
OrlandoFL32803
5317 Curry Ford Rd
OrlandoFL32812
5230 Curry Ford Rd
OrlandoFL32812
1928 Conway Rd
OrlandoFL32812
1411 E Central Blvd
OrlandoFL32801
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.
525 Conway Rd
OrlandoFL32807
1802 Lucerne Ter
OrlandoFL32806
2502 Kilgore St
OrlandoFL32803
525 S Conway Rd
OrlandoFL32803
2452 E Illiana St
OrlandoFL32806
202 E South St
OrlandoFL32801
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.
1709 Cloverlawn Ave
OrlandoFL32806
204 E South St
OrlandoFL32801
Showing Results 1-26, Page 1 of 1
Lake Terrace, Orlando, FL 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 | $2,134 | $1,199 | $4,500 |
| Lake Terrace 3 Bedroom Homes for Rent | $2,972 | $1,695 | $7,995 |
| Lake Terrace 4 Bedroom Homes for Rent | $4,947 | $2,435 | $10,000+ |
| Lake Terrace 5 Bedroom Homes for Rent | $4,200 | $4,200 | $4,200 |
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 26 rentals with your search options within a 2 mile radius of the Lake Terrace Neighborhood of Orlando, FL.
Explore Orlando
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
Cheapest Available Lake Terrace Apartments for Rent
The cheapest available apartment rental in the Lake Terrace area of Orlando, FL is a 1 Bed unit found at Celano priced from $999. Primrose Orlando 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 Orlando, FL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Celano | Eola | 1BR,1BA | $999 |
| Primrose Orlando | Upgraded Unit | 1BR,1BA | $1,000 |
| Conway Forest | Tangelo | 1BR,1BA | $1,049 |
| Magnolia Apartments | S1 | Studio,1BA | $1,109 |
| St. Regis Apartments | 0 Bedroom,1 Bathroom | Studio,1BA | $1,110 |
| Sands Orlando | 1 Bedroom 1A | 1BR,1BA | $1,112 |
| Bridgewater by Trion Living | 1 Bedroom | 1BR,1BA | $1,154 |
| The Cornerstone Apartments | Elm | 1BR,1BA | $1,203 |
| SoDo Flats | 1/1 AU | 1BR,1BA | $1,299 |
| The Frederick | The Grant | 1BR,1BA | $1,299 |
Best Value Apartments for Rent in Lake Terrace, FL
As of July 12, 2026 the best value apartment in the Lake Terrace area is the $1.53 price per square foot Biltmore Model at ARIUM Mariner's Village in the in the East Central Park neighborhood starting from $2,052. The second greatest value Lake Terrace apartment is the Floorplan 2 Model at Azalea Gardens starting at $1,750 with a $1.46 price per square foot in the North Orange 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. |
|---|---|---|---|
| ARIUM Mariner's Village | Biltmore | 2BR,2BA | $1.53 |
| Azalea Gardens | Floorplan 2 | 2BR,2BA | $1.46 |
| Woodlake Villas | 2x2 | 2BR,2BA | $1.43 |
| Lake Lucerne Towers | 2BR/2.0BA | 2BR,2BA | $1.50 |
| Hollow Brook | 1BR70% | 1BR,1BA | $1.87 |
| Conway Forest | Tangelo | 1BR,1BA | $1.44 |
| Bridgewater by Trion Living | 1 Bedroom | 1BR,1BA | $1.59 |
| The Frederick | The Grant | 1BR,1BA | $1.97 |
| The Cornerstone Apartments | Elm | 1BR,1BA | $1.96 |
| Primrose Orlando | Upgraded Unit | 1BR,1BA | $1.71 |
Frequently Asked Questions about Lake Terrace
What type of rentals are currently available in Lake Terrace?
There are currently 182 Apartments for Rent in Lake Terrace, FL with pricing that ranges from $528 to $9,000. There are also 159 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Terrace ranging from $700 to $20,000.
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 $700 to $20,000 with an average monthly rent of $3,157.
How much are larger Three and Four Bedroom Rentals in Lake Terrace?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Lake Terrace range from $748 to $9,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,695 to $7,995. Four Bedroom Single-Family rentals are also available starting from $2,435 and Four Bedroom Apartments start at $3,600.
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
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
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
Written by: Robin Stewart
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.
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
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.