Cheap 2 Bedroom Apartments for Rent in New Orleans, LA from $400 (132 Rentals)

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

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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

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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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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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 $805.

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

The cheapest apartment in New Orleans is Marquis which is listed at $690, while the average apartment in New Orleans costs $3,624.

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 5,186 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 $661 which is $2,963 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.

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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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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.