Cheap Apartments for Rent in New Orleans, LA from $300 (238 Rentals)

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3300 Garden Oaks Dr
$1,1302 Bedroom, 1 Bath RentalsAvailable Now

3300 Garden Oaks Dr

New Orleans, LA 70114
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New Orleans, LA Local Guide

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Written By:
Justin Habersaat
Editing Staff

Cheapest Neighborhoods for Apartments in New Orleans, LA

Pricing Updated: 02/22/2025

Current apartment rentals in the New Orleans, LA area range in price from $400 to $11,909 with an overall median price of $2,900. The three New Orleans neighborhoods with the lowest median rent pricing are Holly Grove at $1,000, Village De LEst at $735, and Edgelake at $700. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for New Orleans Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Holly Grove$1,247$1,00028
Village De LEst$1,250$73542
Edgelake$1,335$7001486
Read Boulevard East$1,335$7001618
Gentilly Woods$1,425$1,059247
Lake Forest East$1,441$6851693
Little Woods$1,441$6851653
Pines Village$1,441$6851733
Plum Orchard$1,441$6851693
Read Boulevard West$1,441$6851745

Cheapest Available New Orleans Apartments for Rent

 

The cheapest available apartment rental in New Orleans, LA is a 1 Bed unit found at Laguna Creek in the Lake Forest East neighborhood priced from $685. Orwood Creek in the Edgelake neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $705. Here is today’s list of the most affordable New Orleans apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Laguna Creek1 Bedroom1BR,1BA$685
Orwood Creek1 Bedroom1BR,1BA$705
Chateau d'Orleans1BR/1BA1BR,1BA$735
Forest Isle'B' - Very Nice 1 Br/1Bath Layout1BR,1BA$740
Whispering PalmsStudioStudio,1BA$750
Laguna Reserve1 Bedroom1BR,1BA$754
Patio VillaStudioStudio,1BA$790
PeppertreeStudioStudio,1BA$795
AlmondtreeStudioStudio,1BA$805
Carmel BrookBasin1BR,1BA$814

Best Value Apartments for Rent in New Orleans, LA

As of February 23, 2025 the best value apartment in the New Orleans area is the $1.11 price per square foot 3 Bedrooms, 2 Baths Model at Wilshire Heights in the in the Lake Terrace neighborhood starting from $1,690. The second greatest value New Orleans apartment is the 2323 Leonidas St Model at 2323 Leonidas St, Unit Beautiful Shared Living starting at $1,247 with a $0.92 price per square foot in the West Carrollton neighborhood. Here is today’s list of the best values for New Orleans apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Wilshire Heights3 Bedrooms, 2 Baths3BR,2BA$1.11
2323 Leonidas St, Unit Beautiful Shared Living2323 Leonidas St1BR,1BA$0.92
Lakeside V2 Bedrooms w/Den, 2 Baths2BR,2BA$1.12
2400 Lapeyrouse St, Unit 2400 Lapeyrouse2400 Lapeyrouse St2BR,1BA$0.93
Courtland Park2 Bedroom2BR,1BA$1.12
152 Rosalie Dr, Unit B152 Rosalie Dr2BR,1BA$0.99
Gates of Oakwood1x11BR,1BA$1.09
Laguna Reserve1 Bedroom1BR,1BA$1.01
Orwood Creek1 Bedroom1BR,1BA$1.08
Laguna Creek1 Bedroom1BR,1BA$1.11

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New Orleans Overview

The largest metro area in all of Louisiana and a truly unique city known the world over for its cuisine, culture and oh-so-famous Mardi Gras, New Orleans is a destination that simply must be experienced to be believed. Combining French and Creole-inspired architecture, open-faced balcony terraces and omnipresent jazz music filling the air, New Orleans' particular brand of magic has been charming residents for centuries making living in apartments in New Orleans the bees knees.

Why live in New Orleans, LA?

Louisiana boasts a truly unique charm, and there is no denying that New Orleans is its central hub. From the amazing cuisine to the rarely-shy populace, New Orleans has a distinct character that simply cannot be replicated. Flush with romantic ambiance, eye-popping architecture, historic pubs, world-class eateries and more crawfish than you can shake a stick at, New Orleans is a unique treasure known coast-to-coast. With a plethora of available New Orleans apartments ready and waiting for you, this city is a prime locale.

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore New Orleans, LA Rentals by Map

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See the most popular apartments and homes in New Orleans, LA

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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 the Cheapest Studio apartment in New Orleans?

Currently the most affordable Cheap Studio Apartment in New Orleans is at Whispering Palms listed at $750.

How much is rent for a Cheap One Bedroom New Orleans Apartment?

The lowest price for a Cheap One Bedroom New Orleans Apartment is $685 at Laguna Creek.

What is the lowest price for a Cheap Two Bedroom New Orleans Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in New Orleans is starting from $805 at Orwood Creek.

What is the most affordable New Orleans Three Bedroom Apartment?

The best deal on a cheap New Orleans Three Bedroom Apartment rental is at Chateau d'Orleans and starts from $1,100.

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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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.

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What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.

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Signing Your Apartment Lease: The Basics

Written by: Trey Huguley

When you're about to sign a lease for the first time, it can feel a bit overwhelming. You don’t want to miss any important details hidden in the fine print.