5286 Hoperita St
OrlandoFL32812
Cheap Homes for Rent in the Lake Terrace Neighborhood of Orlando, FL from $600 (26 Rentals)
Search the lowest-cost Homes available for rent right now in the Lake Terrace area of Orlando.
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$7001 Bedroom Apartments Available Now
2014 Newman St, Unit 1
2014 Newman StOrlando, FL 32803
1406 Conway Rd
OrlandoFL32812
318 E Jersey St
OrlandoFL32806
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$8001 Bedroom Apartments Available Now
2014 Newman St, Unit 1
2014 Newman StOrlando, FL 32803
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$8001 Bedroom Apartments Available Now
2014 Newman St, Unit 1
2014 Newman StOrlando, FL 32803
Where Orlando Locals Actually Live: A Renter's Guide to the Surrounding Cities
Why fight Orlando's tourist traffic when you don't have to? Explore the best cities surrounding Orlando for renters, with expert tips on commuting, lifestyle, hidden costs, and where to find the most value.
1406 Conway Rd
OrlandoFL32812
4510 Cranston Pl
OrlandoFL32812
4510 Cranston Pl
OrlandoFL32812
4073 E Michigan St
OrlandoFL32812
4079 E Michigan St, Unit Crossings at Conway
4079 E Michigan St
OrlandoFL32812
5230 Curry Ford Rd
OrlandoFL32812
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
1106 E South St, Unit 2
1106 E South St
OrlandoFL32801
300 S Orange Ave
OrlandoFL32801
1411 E Central Blvd
OrlandoFL32801
151 E Washington St
OrlandoFL32801
419 E Gore St
OrlandoFL32801
2893 S Osceola Ave, Unit E-3
2893 S Osceola Ave
OrlandoFL32806
The Soul of the City Beautiful: What Life in Orlando Is Really Like
Orlando is much more than theme parks. Uncover the city's rich history, diverse neighborhoods like Winter Park and Downtown, and its bustling cultural and culinary life.
5317 Curry Ford Rd
OrlandoFL32812
525 Conway Rd
OrlandoFL32807
754 E Michigan St
OrlandoFL32806
304 E South St
OrlandoFL32801
2107 S Mills Ave
OrlandoFL32806
2109 S Mills Ave
OrlandoFL32806
Top Neighborhoods Near Orlando Major Employers
Learn about the best places to live near major employers in Orlando with original content written by our Local Expert Darla Ferrara
2276 Raeford Rd
OrlandoFL32806
2510 E Central Blvd
OrlandoFL32803
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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 | $2,077 | $1,250 | $3,995 |
| Lake Terrace 3 Bedroom Homes for Rent | $2,773 | $600 | $4,950 |
| Lake Terrace 4 Bedroom Homes for Rent | $3,361 | $2,450 | $5,000 |
| Lake Terrace 5 Bedroom Homes for Rent | $5,800 | $5,800 | $5,800 |
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.
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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 |
| Woodlake Villas | Studio | Studio,1BA | $1,037 |
| Goldelm at Salerno | Maple | 1BR,1BA | $1,110 |
| The Cornerstone Apartments | Elm | 1BR,1BA | $1,140 |
| Bridgewater by Trion Living | 1 Bedroom | 1BR,1BA | $1,208 |
| St. Regis Apartments | 1 Bedroom,1 Bathroom | 1BR,1BA | $1,215 |
| Magnolia Apartments | A1 | 1BR,1BA | $1,225 |
| Barber Park Apartments | Fairview a1wl | 1BR,1BA | $1,265 |
| The Frederick | The Briercliff | 1BR,1BA | $1,299 |
Best Value Apartments for Rent in Lake Terrace, FL
As of August 27, 2026 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 3 Bedroom 2 Bath A Renovated Model at Sands Orlando starting at $1,975 with a $1.72 price per square foot in the Wadeview 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. |
|---|---|---|---|
| Azalea Gardens | Floorplan 2 | 2BR,2BA | $1.46 |
| Sands Orlando | 3 Bedroom 2 Bath A Renovated | 3BR,2BA | $1.72 |
| ARIUM Mariner's Village | Austin | 1BR,1BA | $1.83 |
| The Frederick | The Briercliff | 1BR,1BA | $1.68 |
| Goldelm at Salerno | Maple | 1BR,1BA | $1.49 |
| Hollow Brook | 1BR70% | 1BR,1BA | $1.87 |
| Bridgewater by Trion Living | 1 Bedroom | 1BR,1BA | $1.67 |
| Barber Park Apartments | Fairview a1wl | 1BR,1BA | $1.91 |
| The Cornerstone Apartments | Elm | 1BR,1BA | $1.90 |
| 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 170 Apartments for Rent in Lake Terrace, FL with pricing that ranges from $700 to $9,000. There are also 132 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Terrace ranging from $600 to $5,800.
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 $600 to $5,800 with an average monthly rent of $2,309.
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 $1,345 to $9,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $600 to $4,950. Four Bedroom Single-Family rentals are also available starting from $2,450 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
Where Orlando Locals Actually Live: A Renter's Guide to the Surrounding Cities
Written by: Darla Ferrara
When people think of Orlando, FL, the iconic theme parks and buzz of downtown tend to steal the spotlight.
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.
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.
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.
Articles, How-To's, and Tips
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.
First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.
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.