What's the average rent in New Orleans, LA?
Rental Market Trends in New Orleans, LA
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SOURCE: TRULIA DATA
Rental market highlights
As of August 2026, the average rent in New Orleans, LA is $1,600 per month, which is 19% lower than the national average rent of $1,965 per month.
AVERAGE RENT
$1,600
-3.0%-$50 decrease month-over-month
-10.1%-$180 decrease year-over-year
AVAILABLE RENTALS
2,695
APARTMENTS
HOUSES
TOWNHOUSES
As of August 2026, apartments are the most affordable rental option in New Orleans, LA at $1,553 per month, while houses are the most expensive at $1,850 per month. Townhomes average $1,700 per month, offering a mid-range alternative for renters.
Average rent by number of bedrooms
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,350 |
| 2 Bedrooms | $1,550 |
| 3 Bedrooms | $1,950 |
| 4 Bedrooms | $2,400 |
| All | $1,600 |
As of August 2026, the average rent for a 1 bedroom rental in New Orleans, LA is $1,350 per month, followed by $1,550 for a 2 bedroom rental, $1,950 for a 3 bedroom rental, and $2,400 for a 4 bedroom rental.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,506 |
| 2 Bedrooms | $1,600 |
| 3 Bedrooms | $1,750 |
| 4 Bedrooms | $2,900 |
| All | $1,700 |
As of August 2026, the average rent for a 1 bedroom townhome in New Orleans, LA is $1,506 per month, followed by $1,600 for a 2 bedroom townhome, $1,750 for a 3 bedroom townhome, and $2,900 for a 4 bedroom townhome.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,350 |
| 2 Bedrooms | $1,595 |
| 3 Bedrooms | $1,900 |
| 4 Bedrooms | $2,500 |
| All | $1,536 |
As of August 2026, the average rent for a 1 bedroom apartment in New Orleans, LA is $1,350 per month, followed by $1,595 for a 2 bedroom apartment, $1,900 for a 3 bedroom apartment, and $2,500 for a 4 bedroom apartment.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,400 |
| 2 Bedrooms | $1,600 |
| 3 Bedrooms | $2,050 |
| 4 Bedrooms | $2,300 |
| All | $1,850 |
As of August 2026, the average rent for a 1 bedroom house in New Orleans, LA is $1,400 per month, followed by $1,600 for a 2 bedroom house, $2,050 for a 3 bedroom house, and $2,300 for a 4 bedroom house.
Average rent trends and rent ranges
Average rent price over time
In the past year, rent has decreased by -8% compared to the previous year, which is a $150 decrease.
This year (2026)
Last year (2025)
Rent distribution
38% of rentals have rent of $800-$1,499/month
Rental price range
The price range for rentals is $500 to $22,787.
