Cheap Homes for Rent in CBD Neighborhood of New Orleans, LA from $1,200 (8 Rentals)

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Cheap Homes in the CBD area of New Orleans.

Navigating the Rental Market: Tips for First-Time Renters

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New Orleans's Best Affordable Neighborhoods

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CBD, New Orleans, LA Local Guide

Cheapest Available CBD Apartments for Rent

 

The cheapest available apartment rental in the CBD area of New Orleans, LA is a Studio unit found at The Residences at LSU Health priced from $1,275. The Saulet Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,291. Here are the most affordable CBD apartments for rent in New Orleans, LA:

Apartment ListingModel NameBed/BathPriced From
The Residences at LSU HealthStudio C ADA *Call for Availability*Studio,1BA$1,275
The Saulet ApartmentsMarigny1BR,1BA$1,291
Bienville Basin Apartments1 Bedroom Apartment1BR,1BA$1,301

Best Value Apartments for Rent in CBD, LA

As of May 05, 2025 the best value apartment in the CBD area is the $1.78 price per square foot Three Bedroom Luxury Apartment Model at The Annex Luxury Apartments in the in the Vieux Carre neighborhood starting from $3,800. The second greatest value CBD apartment is the 2 Bedroom Model at Hibernia Tower Apartments starting at $2,356 with a $1.79 price per square foot in the Vieux Carre neighborhood. Here is today’s list of the best values for CBD apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Annex Luxury ApartmentsThree Bedroom Luxury Apartment3BR,3BA$1.78
Hibernia Tower Apartments2 Bedroom2BR,2BA$1.79
2526 Martin Luther King Jr Blvd, Unit 3 bedroom and 2 bath.2526 Martin Luther King Jr Blvd3BR,2BA$2.15
Gravier Place Apartments2 Bedroom Apartment2BR,2BA$1.97
Bienville Basin Apartments1 Bedroom Apartment1BR,1BA$1.23
901 Governor Nicholls St, Unit 901 Gov. Nicholls901 Governor Nicholls St1BR,1BA$1.85
The Saulet ApartmentsDauphine1BR,1BA$2.07
930 Poydras1 bedroom1BR,1BA$2.03
The Howard Luxury Apartments1BR/1.0BA1BR,1BA$2.00
The Woodward Lofts1 Bedroom Apartments1BR,1BA$2.00

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Frequently Asked Questions about CBD

What type of rentals are currently available in CBD?

There are currently 387 Apartments for Rent in CBD, LA with pricing that ranges from $400 to $12,182. There are also 31 Single Family Homes for rent, Condos, and Townhome rentals currently available in CBD ranging from $1,200 to $7,900.

What is the current price range for Rental Homes in CBD?

Today's rental pricing for Homes for Rent, Condos and Townhomes in CBD ranges from $1,200 to $7,900 with an average monthly rent of $3,516.

How much are larger Three and Four Bedroom Rentals in CBD?

For those who are looking for larger living arrangements, Three Bedroom Apartments in CBD range from $1,126 to $6,296, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,300 to $7,900. Four Bedroom Single-Family rentals are also available starting from $3,400 and Four Bedroom Apartments start at $2,000.

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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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.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.