The lateral ventricles are the two largest ventricles of the brain and contain cerebrospinal fluid. Each cerebral hemisphere contains a lateral ventricle, known as the left or right lateral ventricle, respectively.

Each lateral ventricle resembles a C-shaped cavity that begins at an inferior horn in the temporal lobe, travels through a body in the parietal lobe and frontal lobe, and ultimately terminates at the interventricular foramina where each lateral ventricle connects to the single, central third ventricle. Along the path, a posterior horn extends backward into the occipital lobe, and an anterior horn extends farther into the frontal lobe.

Each lateral ventricle takes the form of an elongated curve, with an additional anterior-facing continuation emerging inferiorly from a point near the posterior end of the curve; the junction is known as the trigone of the lateral ventricle. The centre of the superior curve is referred to as the body, while the three remaining portions are known as horns (cornua in Latin); they are usually referred to by their position relative to the body (anterior, posterior, or inferior), or sometimes by the lobe of the cerebral cortex into which they extend. Though somewhat flat, the lateral ventricles have a vaguely triangular cross-section. Ependyma, which are neuroepithelial cells, line the ventricular system including the lateral ventricles.

Between the inferior horn and the main body of the ventricle is the putamen, which emerges from the head of the caudate nucleus, and sits above the tapetum; a small number of further connections passing through the occipital tapetum to join the putamen to portions of the caudate nucleus tail adjoining the anterior horn. Below the putamen sits the globus pallidus, with which it connects. These structures bounding the lateral ventricles form a frame curving around the thalamus, which itself constitutes the main structure bounding the third ventricle. Were it not for the choroid plexus, a cleft-like opening would be all that lay between the lateral ventricle and the thalamus; this cleft constitutes the lower part of the choroid fissure. The thalamus primarily communicates with the structures bounding the lateral ventricles via the globus pallidus, and the anterior extremities of the fornix (the mamillary bodies).

The anterior horn of the lateral ventricle is also known as the frontal horn as it extends into the frontal lobe. The anterior horn connects to the third ventricle, via the interventricular foramen. This portion of the lateral ventricle impinges on the frontal lobe, passing anteriorly and laterally, with slight inclination inferiorly. It is separated from the anterior horn of the other lateral ventricle by a thin neural sheet - septum pellucidum, which thus forms its medial boundary. The boundary facing exterior to the ventricle curvature is formed by the corpus callosum - the floor at the limit of the ventricle is the upper surface of the rostrum (the reflected portion of the corpus callosum), while nearer the body of the ventricle, the roof consists of the posterior surface of the genu. The remaining boundary - that facing interior to the ventricle curvature - comprises the posterior edge of the caudate nucleus. Frontal horn cysts are sometimes found on the frontal horn as a normal variant.

The body of the lateral ventricle, or central part is the part of the ventricle between the anterior horn and the trigone. Its roof is bound by the tapetum of the corpus callosum - and is separated medially from the other lateral ventricle by the septum pellucidum. The tail of the caudate nucleus forms the upper portion of the lateral edge, but it is not large enough to cover the whole boundary. Immediately below the tail of the caudate nucleus, the next portion of the lateral edge is formed by the comparatively narrow stria terminalis, which sits upon the superior thalamostriate vein. The main part of the fornix of the brain forms the next narrow portion of the lateral boundary, which is completed medially by a choroid plexus, which serves both ventricles.

The trigone of the lateral ventricle is the area where the part of the body forms a junction with the inferior horn and the posterior horn. This area is referred to as the atrium of the lateral ventricle, and is where the choroid plexus is enlarged as the choroid glomus. As a triangular surface feature of the floor of this part of the lateral ventricle it is known as the collateral trigone.

The posterior horn of lateral ventricle, or occipital horn, impinges into the occipital lobe in a posterior direction, initially laterally but subsequently curving medially and lilting inferiorly on the lateral side. The tapetum of the corpus callosum continues to form the roof, which due to the lilt is also the lateral edge. However, the posterior and anterior ends of the corpus callosum are characterized by tighter bundling, known as forceps (due to the resulting shape), to curve around the central sulci; the edge of these forceps form the upper part of the medial side of the posterior horn. The remainder of the medial edge of the ventricle is directly in contact with white matter of the cortex of the occipital lobe.