What's the average rent in New Orleans, LA?

Rental Market Trends in New Orleans, LA

SOURCE: TRULIA DATA

Rental market highlights

As of June 2026, the average rent in New Orleans, LA is $1,675 per month, which is 13% lower than the national average rent of $1,930 per month.

AVERAGE RENT

$1,675
-1.5%
-$25 decrease month-over-month
-6.9%
-$125 decrease year-over-year

AVAILABLE RENTALS

2,796

APARTMENTS

$1,558

HOUSES

$1,889

TOWNHOUSES

$1,750
As of June 2026, apartments are the most affordable rental option in New Orleans, LA at $1,558 per month, while houses are the most expensive at $1,889 per month. Townhomes average $1,750 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan typeAverage rent
1 Bedroom$1,395
2 Bedrooms$1,600
3 Bedrooms$2,000
4 Bedrooms$2,500
All$1,675
As of June 2026, the average rent for a 1 bedroom rental in New Orleans, LA is $1,395 per month, followed by $1,600 for a 2 bedroom rental, $2,000 for a 3 bedroom rental, and $2,500 for a 4 bedroom rental.

Average rent trends and rent ranges

Average rent price over time

In the past year, rent has decreased by -7% compared to the previous year, which is a $125 decrease.
This year (2026)
Last year (2025)

Rent distribution

38% of rentals have rent of $1,500-$2,199/month

Rental price range

The price range for rentals is $650 to $22,000.
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