Cheap Apartments for Rent in New Orleans, LA from $300(226 Rentals)

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3443 Esplanade Ave
$6714 Bedroom, 2 Bath Home for RentAvailable Now

3443 Esplanade Ave

New Orleans, LA 70119
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9311 Belfast St
$9501 Bedroom, 1 Bath Home for RentAvailable Jan 10, 2025

9311 Belfast St

New Orleans, LA 70118
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2115 Danneel St
$1,100Studio, 1 Bath Home for RentAvailable Now

2115 Danneel St

New Orleans, LA 70113
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Showing Results 1-50, Page 1 of 5

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: 12/23/2024

Current apartment rentals in the New Orleans, LA area range in price from $300 to $13,046 with an overall median price of $2,768. The three New Orleans neighborhoods with the lowest median rent pricing are Brechtel at $300, Oak Park at $300, and Read Boulevard East at $685. 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
Brechtel$1,275$300111
Oak Park$1,275$300133
Read Boulevard East$1,335$685219
Holly Grove$1,375$7792
Old Aurora$1,400$30084
Pines$1,400$68582
St Charles Parish$1,409$545121
Lake Forest East$1,441$675210
Sherwood Forest$1,441$675221
Venetian Isles$1,441$550213

Cheapest Available New Orleans Apartments for Rent

 

The cheapest available apartment rental in New Orleans, LA is a 1 Bed unit found at Marquis in the Mid-City neighborhood priced from $676. Laguna Creek in the Gentilly Woods neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $685. Here is today’s list of the most affordable New Orleans apartments for rent:

Apartment ListingModel NameBed/BathPriced From
MarquisA1a-PSH1BR,1BA$676
Laguna Creek1 Bedroom1BR,1BA$685
Chateau d'Orleans1BR/1BA1BR,1BA$735
Forest Isle'B' - Very Nice 1 Br/1Bath Layout1BR,1BA$740
St. Germaine1x11BR,1BA$750
Whispering Palmsjs-effStudio,1BA$750
Laguna Reserve1 Bedroom1BR,1BA$754
Patio VillaStudioStudio,1BA$794
PeppertreeStudioStudio,1BA$795
Siegel Select New OrleansStudioStudio,1BA$798

Best Value Apartments for Rent in New Orleans, LA

As of December 23, 2024 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 2608 Angelique Dr Model at 2608 Angelique Dr, Unit B starting at $1,250 with a $1.00 price per square foot in the Plaquemines Parish 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
2608 Angelique Dr, Unit B2608 Angelique Dr3BR,1.5BA$1.00
1025 Dimarco St., Unit B1025 Dimarco St.2BR,1.5BA$1.15
1029 Dimarco Dr, Unit D1029 Dimarco Dr2BR,1.5BA$1.15
Brittany And Drexel House2 Bedroom Town Home (Drexel House)2BR,1.5BA$1.17
Courtland Park2 Bedroom2BR,1BA$1.12
8029 Trapier Ave, Unit B8029 Trapier Ave2BR,1BA$1.12
Gates of Oakwood1x11BR,1BA$1.12
Laguna Reserve1 Bedroom1BR,1BA$1.01
Laguna Creek1 Bedroom1BR,1BA$1.11

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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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.

New Orleans, LA
Population: 391,006

Ranked #50

in US Census Population by City

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Pet Friendly Lifestyle
New Orleans, LA

Ranked #488

Among cities in Louisiana for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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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 $676 at Marquis.

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 $815 at Laguna 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 Audubon Village and starts from $1,067.

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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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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Navigating the World of Low-Income Housing: A Comprehensive Guide

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Are you having difficulty keeping up with bills or paying the rent? If so, you are not alone. Many families struggle to keep up with rents that have increased up to 40% in the past decade.

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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.

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Real Estate Term Glossary: Your Guide to The A to Zs of Renting

Written by: Kevin Ready

Navigating the world of real estate can reveal an abundance of terminology and phrasing around the topics of renting and buying that for some may seem like a brand-new language.