Lake Terrace

Orlando, FL

Ocean Sun is pet-friendly and fun, complete with yoga sessions and trivia nights
Where Pico de Gallo meets Tzatziki -- JJ's is a can't-miss
With everything from college football games to wrestling, see it all at Camping World Stadium

Lake Terrace - Orlando, FL Area Guide

Enjoy scenic views from Orlando’s top spot

Lakefront Good Schools Scenic Family-Friendly

Quick – guess what’s at the center of Lake Terrace? If you guessed “a lake,” then you have amazing powers of deduction. Sleuth your way to this charming neighborhood, located less than four miles southeast of Downtown Orlando. With a landscape filled with lush foliage and lake views, Lake Terrace is considered one of Orlando’s top neighborhoods. Living here, you’ll enjoy great restaurants, fantastic parks, a variety of coffee shops, great schools, and easy commutes into the city. What’s not to love?

You’ll discover great apartments and other rentals in Lake Terrace, along with a commercial district along Curry Ford Road and South Conway Road. After a day of shopping, enjoy the authentic Latin American fare at Zaza New Cuban Diner, or head over to JJ’s Grille for its unique Mexican and Mediterranean fusion cuisine.

Downtown Orlando delivers a year-round calendar of events, whether you love mingling with over 600 artisans at Fiesta in the Park or watching live music, theater, and cultural performances at Dr. Phillips Center. While out-of-towners hit the theme parks, locals fill up Camping World Stadium for college football, wrestling, and monster truck races.

Explore the Neighborhood

Ocean Sun is pet-friendly and fun, complete with yoga sessions and trivia nights

Where Pico de Gallo meets Tzatziki -- JJ's is a can't-miss

With everything from college football games to wrestling, see it all at Camping World Stadium

Dr. Phillips Center is a hub for performing arts

Rent Trends

As of April 2026, the average apartment rent in Lake Terrace is $1,050 for a studio, $1,320 for one bedroom, $1,373 for two bedrooms, and $2,299 for three bedrooms. Apartment rent in Lake Terrace has decreased by -2.9% in the past year.

  • Studio

  • 350 sq ft

    Average Sq Ft

  • $1,050/month

    Average Rent

  • 1 BR

  • 591 sq ft

    Average Sq Ft

  • $1,320/month

    Average Rent

  • 2 BR

  • 840 sq ft

    Average Sq Ft

  • $1,373/month

    Average Rent

  • 3 BR

  • 1,276 sq ft

    Average Sq Ft

  • $2,299/month

    Average Rent

Getting Around

Moderately Walkable

Walkability

60 / 100

Limited Public Transit

Transit

20 / 100

Very Drivable

Drivability

80 / 100

Fairly Bikeable

Bikeability

40 / 100

Daily Essentials

Supermarket Within a 20 Minute Walk

Groceries

50 / 100

Good Restaurant Variety Nearby

Restaurants

60 / 100

Fair Café Variety Nearby

Cafes

40 / 100

Good Variety of Shops Nearby

Shopping

60 / 100

Recreation

Moderate Amount of Park Space Nearby

Parks

50 / 100

Limited Wellness Amenity Variety Nearby

Wellness

30 / 100

Local Vibe

Mostly Calm Atmosphere

Vibrancy

30 / 100

Limited Nightlife Variety Nearby

Nightlife

30 / 100

Not Noisy

Quiet Score

90 / 100

Points of Interest

Parks and Recreation

  • Fort Gatlin Recreation Complex
  • Delaney Park
  • Mayor Carl T. Langford Park
  • Demetree Park
  • Robinson Observatory

Airports

  • Orlando International
  • Orlando Sanford International

Top Apartments in Lake Terrace

Houses for Rent in Lake Terrace

Property Management Companies

Search Nearby Rentals

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.