Cheap 2 Bedroom Apartments for Rent in New Orleans, LA from $400 (125 Rentals)

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New Orleans's Best Affordable Neighborhoods

Learn about New Orleans and the best places to live with original content written by our Minneapolis, MN Local Expert Melissa Maxwell

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Elmwood Homes
2 Bedroom Apartments

Elmwood Homes

3901 Indiana StNew Orleans, LA 70114
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Sacred Heart
2 Bedroom Apartments

Sacred Heart

3222 Canal StNew Orleans, LA 70119
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Lakeside Apartments
2 Bedroom Apartments

Lakeside Apartments

8019 Trapier AveNew Orleans, LA 70127
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7700 Downman Rd
2 Bedroom Apartments

7700 Downman Rd

7700 Downman RdNew Orleans, LA 70126
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Marsailles Apartments
2 Bedroom Apartments

Marsailles Apartments

4545 Macarthur BlvdNew Orleans, LA 70131
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The Willows Apartments
2 Bedroom Apartments

The Willows Apartments

7001 Lawrence RdNew Orleans, LA 70126
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Canalside Apartments
2 Bedroom Apartments

Canalside Apartments

8520-8522 Chef Menteur HwyNew Orleans, LA 70127
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1418 Behrman Ave
2 Bedroom Apartments

1418 Behrman Ave

1418 Behrman AveNew Orleans, LA 70114
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Lakewood Pointe
2 Bedroom Apartments

Lakewood Pointe

7001 Martin DrNew Orleans, LA 70126
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Cypress Parc
2 Bedroom Apartments

Cypress Parc

6857 Cindy PlNew Orleans, LA 70127
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Magnolia Gardens
2 Bedroom Apartments

Magnolia Gardens

6001 Downman RdNew Orleans, LA 70126
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Showing Results 1-50, Page 1 of 3

New Orleans, LA Local Guide

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Getting Around New Orleans, LA

Walk Score®

75 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

74 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

49 / 100

Some Transit

A few nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap New Orleans Apartments

What is a cheap apartment in New Orleans?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in New Orleans is under $835.

What is the price of a cheap apartment in New Orleans?

The cheapest apartment in New Orleans is Orwood Creek which is listed at $805, while the average apartment in New Orleans costs $2,179.

What types of apartments are the cheapest in New Orleans?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 5,392 regular apartments in New Orleans that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in New Orleans?

Cheap apartments in New Orleans have an average cost of $740 which is $1,439 cheaper than the average rent for all rentals in New Orleans.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

decorative image for A Local Expert’s Top Budget-Friendly Neighborhoods to Rent in New Orleans article

A Local Expert’s Top Budget-Friendly Neighborhoods to Rent in New Orleans

Written by: Melissa Maxwell

New Orleans is known as The Big Easy, but it's not always easy on the wallet! It's a city built around attracting tourists, so naturally everything is going to be on the pricey side.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.