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

Rental Market Trends in New Orleans, LA

SOURCE: TRULIA DATA

Rental market highlights

As of September 2026, the average rent in New Orleans, LA is $1,600 per month, which is 18% lower than the national average rent of $1,948 per month.

AVERAGE RENT

$1,600
-1.6%
-$26 decrease month-over-month
-11.1%
-$200 decrease year-over-year

AVAILABLE RENTALS

2,730

APARTMENTS

$1,518

HOUSES

$1,813

TOWNHOUSES

$1,800
As of September 2026, apartments are the most affordable rental option in New Orleans, LA at $1,518 per month, while houses are the most expensive at $1,813 per month. Townhomes average $1,800 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan typeAverage rent
1 Bedroom$1,350
2 Bedrooms$1,500
3 Bedrooms$1,900
4 Bedrooms$2,500
All$1,600
As of September 2026, the average rent for a 1 bedroom rental in New Orleans, LA is $1,350 per month, followed by $1,500 for a 2 bedroom rental, $1,900 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 -9% compared to the previous year, which is a $149 decrease.
This year (2026)
Last year (2025)

Rent distribution

40% of rentals have rent of $800-$1,499/month

Rental price range

The price range for rentals is $506 to $20,846.
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