Cheap Homes for Rent in Lake Terrace Neighborhood of Orlando, FL from $900 (48 Rentals)

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

property at 304 E South St

304 E South St

OrlandoFL32801
property at 204 E South St

204 E South St

OrlandoFL32801
property at 202 E South St

202 E South St

OrlandoFL32801
property at 101 S Eola Dr

101 S Eola Dr

OrlandoFL32801

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 HOLLOW BROOK priced from $1,045. Barber Park Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,125. Here are the most affordable Lake Terrace apartments for rent in Orlando, FL:

Apartment ListingModel NameBed/BathPriced From
HOLLOW BROOK1 Bedroom 1 Bathroom1BR,1BA$1,045
Barber Park ApartmentsLaketreeStudio,1BA$1,125
Bridgewater by Trion Living1 Bedroom1BR,1BA$1,189
The Cornerstone ApartmentsElm1BR,1BA$1,209
Conway ForestTangelo1BR,1BA$1,229
CelanoEola1BR,1BA$1,299
SoDo Flats | 1 Bedroom Apartments in Downt1/1A1BR,1BA$1,299
Woodlake Villas1x11BR,1BA$1,391
Skye at ConwayA21BR,1BA$1,399

Best Value Apartments for Rent in Lake Terrace, FL

As of August 04, 2025 the best value apartment in the Lake Terrace area is the $1.63 price per square foot 1015 E Washington St Model at 1015 E Washington St, Unit Downstairs in the in the Downtown Orlando neighborhood starting from $1,975. 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 ListingModel NameBed/BathPrice Per Sq.Ft.
1015 E Washington St, Unit Downstairs1015 E Washington St2BR,1BA$1.63
Azalea GardensFloorplan 22BR,2BA$1.46
The Park at Venosa3BD/2Bath3BR,2BA$1.58
Lake Lucerne Towers2 Bedroom R2BR,2BA$1.70
The FrederickThe Hoffner2BR,2BA$1.96
Sands Orlando2 Bedroom A2BR,2BA$1.94
Woodlake Villas1x11BR,1BA$1.85
HOLLOW BROOK1 Bedroom 1 Bathroom1BR,1BA$1.40
Conway ForestTangelo1BR,1BA$1.68
Bridgewater by Trion Living1 Bedroom1BR,1BA$1.64

Frequently Asked Questions about Lake Terrace

What type of rentals are currently available in Lake Terrace?

There are currently 172 Apartments for Rent in Lake Terrace, FL with pricing that ranges from $1,016 to $15,000. There are also 188 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Terrace ranging from $900 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 $900 to $7,500 with an average monthly rent of $2,992.

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 $1,410 to $7,762, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,650 to $4,200. Four Bedroom Single-Family rentals are also available starting from $2,310 and Four Bedroom Apartments start at $4,000.

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.

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