Cheap Apartments for Rent in the Lakewood Neighborhood of New Orleans, LA from $500 (22 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lakewood area of New Orleans.

6564 Fleur De Lis Dr

2819-2821 Conti St

2323 Leonidas St, Unit Beautiful Shared Living

Lumina

9309 Belfast St
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
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Lake Villa

Metairie Lake Apartments

Magnolia Ridge Apartments

Gatehouse Apartments

Metairie Plaza Apartments
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
Lakewood, New Orleans, LA Local Guide

How much does it cost to rent an apartment in Lakewood?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Lakewood Studio Apartments | $1,210 | $882 | $1,480 |
Lakewood 1 Bedroom Apartments | $1,823 | $946 | $4,185 |
Lakewood 2 Bedroom Apartments | $2,632 | $690 | $10,000+ |
Lakewood 3 Bedroom Apartments | $2,157 | $1,500 | $4,100 |
Lakewood 4 Bedroom Apartments | $2,132 | $894 | $2,545 |
Browse Apartments in this Neighborhood
There are currently 22 rentals with your search options within a 2 mile radius of the Lakewood Neighborhood of New Orleans, LA.
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Lakewood, New Orleans, LA Local Guide
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Cheapest Available Lakewood Apartments for Rent
 The cheapest available apartment rental in the Lakewood area of New Orleans, LA is a 3 Beds unit found at Marquis priced from $802. Lake Villa has the second lowest priced unit, which is a Studio apartment currently listed from $882. Here are the most affordable Lakewood apartments for rent in New Orleans, LA:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Marquis | C1 | 3BR,2BA | $802 |
Lake Villa | Studio | Studio,1BA | $882 |
6564 Fleur De Lis Dr | One Bedroom | 1BR,1BA | $1,000 |
Esplanade at City Park | NAPOLEON | Studio,1BA | $1,055 |
Magnolia Ridge Apartments | A-4 | 1BR,1BA | $1,095 |
Best Value Apartments for Rent in Lakewood, LA
As of April 30, 2025 the best value apartment in the Lakewood area is the $1.02 price per square foot 244 14th St Model at 244 14th St, Unit 244 14th downstairs in the in the City Park neighborhood starting from $1,600. The second greatest value Lakewood apartment is the Luxury 3 Bedrooms, 2 Baths Model at Wilshire Heights starting at $1,865 with a $1.22 price per square foot in the Lake Terrace neighborhood. Here is today’s list of the best values for Lakewood apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
244 14th St, Unit 244 14th downstairs | 244 14th St | 2BR,1BA | $1.02 |
Wilshire Heights | Luxury 3 Bedrooms, 2 Baths | 3BR,2BA | $1.22 |
416 S Scott St, Unit 101 | 416 S Scott St | 2BR,1BA | $1.27 |
Magnolia Ridge Apartments | C1-3B | 3BR,3BA | $1.89 |
2323 Leonidas St, Unit Beautiful Shared Living | 2323 Leonidas St | Studio ,1BA | $0.77 |
Marquis | B1 | 2BR,2BA | $1.52 |
424 Deckbar Ave, Unit A | 424 Deckbar Ave | 2BR,2.5BA | $1.41 |
3026 Short St, Unit C | 3026 Short St | 1BR,1BA | $1.36 |
The Preserve | Residence C | 1BR,1BA | $1.88 |
6564 Fleur De Lis Dr | One Bedroom | 1BR,1BA | $1.67 |
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Pet Friendly LifestyleLakewood, New Orleans, LA
Ranked #17
Among neighborhoods in New Orleans, LA for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Lifestyle Ratings
This website works hard to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of neighborhoods, metropolitan areas, and rental properties across Louisiana, including New Orleans. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including rankings of the best places for convenient access to the outdoors, luxury amenities, family-friendliness, raising pets, transit options, and how walkable or bikeable each community and area is. Find Lifestyle Search in the filter options (above). Happy Searching!
Getting Around the Lakewood Neighborhood in New Orleans, LA
Walk Score®
27 / 100
Car-Dependent
Most errands require a car
Bike Score®
41 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
33 / 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 Lakewood Apartments
What is a cheap apartment in Lakewood?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Lakewood is under $1,406.
What is the price of a cheap apartment in Lakewood?
The cheapest apartment in Lakewood is 6564 Fleur De Lis Dr which is listed at $1,000, while the average apartment in Lakewood costs $2,210.
What types of apartments are the cheapest in Lakewood?
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 6 regular apartments in Lakewood 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 Lakewood?
Cheap apartments in Lakewood have an average cost of $805 which is $1,405 cheaper than the average rent for all rentals in Lakewood.
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.

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.

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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Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

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.