Cheap Apartments for Rent in New Orleans, LA
2,676 rentals
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- $785 - $1,045/mo1-2 Beds1-2 BathsCarmel Brook | 12345 Interstate Highway 10 Service Rd #1118,
New Orleans, LA 70128 - $825 - $880/mo1-2 Beds1 BathCarmel Spring | 12151 Interstate Highway 10 Service Rd #608,
New Orleans, LA 70128 - $870 - $1,265/moStudio-2 Beds1-3 BathsA Private Apt & Townhouse Community | 5000 Woodland Dr #3f2f4148e,
New Orleans, LA 70131 - $900 - $1,275/mo1-4 Beds1-2 BathsChateau D' Orleans | 14765 Chef Menteur Hwy #0,
New Orleans, LA 70129 Save Search in New Orleans, LA
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Average Rent Trends in New Orleans, LA
Rent in New Orleans, LA varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent stayed about the same in May 2026 compared to the previous month. Rent previously peaked in Apr 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $1,800 |
| Jul 2025 | $1,800 |
| Aug 2025 | $1,750 |
| Sep 2025 | $1,750 |
| Oct 2025 | $1,750 |
| Nov 2025 | $1,700 |
| Dec 2025 | $1,700 |
| Jan 2026 | $1,700 |
| Feb 2026 | $1,700 |
| Mar 2026 | $1,685 |
| Apr 2026 | $1,700 |
| May 2026 | $1,700 |
Average Rent By Bedroom and Home Type
In May 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,400 | $1,600 | $1,995 | $2,600 | $1,700 |
| Townhomes | $1,600 | $1,750 | $2,000 | $2,800 | $1,850 |
| Apartments and Condos | $1,400 | $1,700 | $2,100 | $2,800 | $1,650 |
| Houses | $1,368 | $1,600 | $2,000 | $2,500 | $1,895 |
Frequently Asked Questions about Rentals in New Orleans, LA
- What is the average rent of an apartment in New Orleans, LA?The average rent of an apartment in New Orleans, LA is $1,584 per month. This is about 18% lower than the national average.
- What is the average rent of a house in New Orleans, LA?The average rent of a house in New Orleans, LA is $1,900 per month. This is about 2% lower than the national average.
- What is the average rent of a townhome in New Orleans, LA?The average rent of a townhome in New Orleans, LA is $1,800 per month. This is about 7% lower than the national average.
- When is the average rent cheapest in New Orleans, LA?In the last year, the average rent in New Orleans, LA was lowest in Nov 2025 when it was $1,700 per month.
- When is the average rent most expensive in New Orleans, LA?In the last year, the average rent in New Orleans, LA was highest in Apr 2025 when it was $1,800 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in New Orleans, LA?The average rent of a 1 bedroom apartment in New Orleans, LA is $1,400 per month. That is about $230 more than the cost of a studio apartment.
- How many available rental listings are in New Orleans, LA?There are 2,884 available rental listings in New Orleans, LA.
- What colleges and universities are in New Orleans, LA?Colleges and universities in New Orleans, LA include: Loyola University New Orleans.
- What are some neighborhoods in New Orleans, LA?Some neighborhoods in New Orleans, LA include: Little Woods, Audubon, Old Aurora, Central City, Mid-City.
- What are some zip codes in New Orleans, LA?
- What are some cities near New Orleans, LA?