Cheap Homes for Rent in Lake Terrace Neighborhood of Orlando, FL from $600 (46 Rentals)

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Search the lowest-cost Homes available for rent right now in the Lake Terrace area of Orlando.

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property at 304 E South St

$1,500 - $2,000

1 To 2 Bedroom Rentals

Available Now

304 E South St

OrlandoFL32801
property at 155 S Court Ave

$1,525 - $2,700

1 To 2 Bedroom Rentals

Available Now

155 S Court Ave

OrlandoFL32801

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Top Neighborhoods Near Orlando Major Employers

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property at 525 Conway Rd

$1,650 - $1,900

2 Bedroom Rentals

Available Now

525 Conway Rd

OrlandoFL32807
property at 204 E South St

$1,695 - $2,500

1 To 2 Bedroom Rentals

Available Now

204 E South St

OrlandoFL32801

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Showing Results 1-46, Page 1 of 1

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 The Cornerstone Apartments priced from $1,049. Barber Park Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,081. Here are the most affordable Lake Terrace apartments for rent in Orlando, FL:

Apartment ListingModel NameBed/BathPriced From
The Cornerstone ApartmentsElm1BR,1BA$1,049
Barber Park ApartmentsLaketree s1wlStudio,1BA$1,081
Sands Orlando1 Bedroom 1A1BR,1BA$1,101
Bridgewater by Trion Living1 Bedroom1BR,1BA$1,232
Conway ForestTangelo1BR,1BA$1,249
CelanoEola1BR,1BA$1,249
Primrose OrlandoUpgraded Unit1BR,1BA$1,250
SoDo Flats | 1 Bedroom Apartments in Downtown Orlando1/1 AU1BR,1BA$1,299
Woodlake Villas1x11BR,1BA$1,317

Best Value Apartments for Rent in Lake Terrace, FL

As of January 12, 2026 the best value apartment in the Lake Terrace area is the $1.69 price per square foot Floorplan 3 Model at Azalea Gardens in the in the North Orange neighborhood starting from $2,025. The second greatest value Lake Terrace apartment is the 322 E Central Blvd Model at 322 E Central Blvd, Unit apt 911 starting at $2,400 with a $2.07 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Azalea GardensFloorplan 32BR,2BA$1.69
322 E Central Blvd, Unit apt 911322 E Central Blvd2BR,2BA$2.07
Magnolia Apartments3BD/2Bath3BR,2BA$1.58
Hollow Brook2BR80%2BR,1.5BA$1.56
ARIUM Mariner's VillageAshford1BR,1BA$1.76
109 S Osceola Ave, Unit 4109 S Osceola Ave1BR,1BA$2.04
Conway ForestNavel1BR,1BA$1.73
The FrederickThe Briercliff1BR,1BA$1.87
Woodlake Villas1x11BR,1BA$1.76
Bridgewater by Trion Living1 Bedroom1BR,1BA$1.70

Frequently Asked Questions about Lake Terrace

What type of rentals are currently available in Lake Terrace?

There are currently 169 Apartments for Rent in Lake Terrace, FL with pricing that ranges from $452 to $5,419. There are also 140 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Terrace ranging from $600 to $7,500.

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 $600 to $7,500 with an average monthly rent of $2,193.

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

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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.

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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.

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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.

decorative image for The Soul of the City Beautiful: What Life in Orlando Is Really Like article

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

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

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.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!