Cheap Homes for Rent in Downtown New Orleans Neighborhood of New Orleans, LA from $600 (70 Rentals)

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Search the lowest-cost Homes available for rent right now in the Downtown New Orleans area of New Orleans.

property at 4018 Banks St

4018 Banks St

New OrleansLA70119

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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property at 2502 Monroe St

2502 Monroe St

New OrleansLA70118
property at 1823 Clouet St

1823 Clouet St

New OrleansLA70117
property at 8326 Cohn St

8326 Cohn St

New OrleansLA70118
property at 8710 Oak St

8710 Oak St

New OrleansLA70118
property at 8812 Oleander St

8812 Oleander St

New OrleansLA70118
Showing Results 1-50, Page 1 of 2

Downtown New Orleans, New Orleans, LA Local Guide

Cheapest Available Downtown New Orleans Apartments for Rent

 

The cheapest available apartment rental in the Downtown New Orleans area of New Orleans, LA is a Studio unit found at Whispering Palms priced from $850. Marrero Commons Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $886. Here are the most affordable Downtown New Orleans apartments for rent in New Orleans, LA:

Apartment ListingModel NameBed/BathPriced From
Whispering PalmsStudioStudio,1BA$850
Marrero Commons Apartments1 Bedroom Tax Credit***1BR,1BA$886
Lake VillaStudioStudio,1BA$887
Forest Park Apartments1 bedroom1BR,1BA$898
6564 Fleur De Lis DrOne Bedroom1BR,1BA$1,000

Best Value Apartments for Rent in Downtown New Orleans, LA

As of April 05, 2025 the best value apartment in the Downtown New Orleans area is the $1.03 price per square foot 700 Florida Blvd Model at 700 Florida Blvd, Unit 700 Florida Blvdd. in the in the City Park neighborhood starting from $1,900. The second greatest value Downtown New Orleans apartment is the 7711 Spruce Street Model at 7711 Spruce Street, Unit 7711 Spruce St starting at $1,995 with a $1.14 price per square foot in the West Carrollton neighborhood. Here is today’s list of the best values for Downtown New Orleans apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
700 Florida Blvd, Unit 700 Florida Blvdd.700 Florida Blvd3BR,2.5BA$1.03
7711 Spruce Street, Unit 7711 Spruce St7711 Spruce Street4BR,3BA$1.14
244 14th St, Unit 244 14th downstairs244 14th St2BR,1BA$1.02
2237 S Salcedo St, Unit 22372237 S Salcedo St3BR,2BA$1.27
Wilshire HeightsLuxury 3 Bedrooms, 2 Baths3BR,2BA$1.22
2203 Louisiana Ave, Unit 22032203 Louisiana Ave3BR,1BA$1.20
Chateau Lake TerraceC23BR,2BA$1.17
2323 Leonidas St, Unit Beautiful Shared Living2323 Leonidas StStudio ,1BA$0.77
Bienville Basin Apartments1 Bedroom Apartment1BR,1BA$1.28
2003 Franklin Avenue, Unit B2003 Franklin Avenue2BR,1BA$1.21

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Frequently Asked Questions about Downtown New Orleans

What type of rentals are currently available in Downtown New Orleans?

There are currently 1496 Apartments for Rent in Downtown New Orleans, LA with pricing that ranges from $386 to $12,182. There are also 229 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown New Orleans ranging from $600 to $7,900.

What is the current price range for Rental Homes in Downtown New Orleans?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown New Orleans ranges from $600 to $7,900 with an average monthly rent of $3,046.

How much are larger Three and Four Bedroom Rentals in Downtown New Orleans?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown New Orleans range from $802 to $4,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,150 to $7,900. Four Bedroom Single-Family rentals are also available starting from $1,200 and Four Bedroom Apartments start at $894.

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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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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.