Cheap Apartments for Rent in the Lakewood Neighborhood of New Orleans, LA from $500 (28 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lakewood area of New Orleans.

3000 Tulane Ave

9124 Palmetto St

6564 Fleur De Lis Dr

2323 Leonidas St, Unit Beautiful Shared Living

4125 D'Hemecourt St

Esplanade at City Park

9311 Belfast St

6629 Fleur De Lis Dr

511 S Rendon St, Unit Upstairs
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

9309 Belfast St

Lake Villa

Magnolia Ridge Apartments

Metairie Lake Apartments

Gatehouse Apartments

Metairie Plaza Apartments

Lumiere
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 | $1,215 | $881 | $1,480 |
Lakewood 1 Bedroom Apartments | $1,838 | $676 | $5,310 |
Lakewood 2 Bedroom Apartments | $2,313 | $690 | $10,000+ |
Lakewood 3 Bedroom Apartments | $1,897 | $802 | $4,100 |
Lakewood 4 Bedroom Apartments | $1,496 | $894 | $2,545 |
Browse Apartments in this Neighborhood
There are currently 28 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 Studio unit found at Lake Villa priced from $881. 6564 Fleur De Lis Dr has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,000. Here are the most affordable Lakewood apartments for rent in New Orleans, LA:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Lake Villa | Studio | Studio,1BA | $881 |
6564 Fleur De Lis Dr | One Bedroom | 1BR,1BA | $1,000 |
Esplanade at City Park | CONTI | Studio,1BA | $1,145 |
Studio Arms Apartments | One Bedroom w/Office | 1BR,1BA | $1,375 |
1201 Canal Apartments | 504 | 1BR,1BA | $1,395 |
Magnolia Ridge Apartments | B-1 | 2BR,2BA | $1,440 |
2424 TULANE | A1 | 1BR,1BA | $1,468 |
Apartments at Andover | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1,500 |
Canal 1535 | A1 | 1BR,1BA | $1,518 |
Best Value Apartments for Rent in Lakewood, LA
As of April 09, 2025 the best value apartment in the Lakewood 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 Lakewood apartment is the 244 14th St Model at 244 14th St, Unit 244 14th downstairs starting at $1,600 with a $1.02 price per square foot in the City Park 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. |
---|---|---|---|
700 Florida Blvd, Unit 700 Florida Blvdd. | 700 Florida Blvd | 3BR,2.5BA | $1.03 |
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 |
2323 Leonidas St, Unit Beautiful Shared Living | 2323 Leonidas St | Studio ,1BA | $0.77 |
Marquis | C1 | 3BR,2BA | $1.77 |
American Can Apartments | 2BK | 2BR,2BA | $1.86 |
5834 Catina St, Unit 5834 | 5834 Catina St | 2BR,1BA | $2.11 |
Magnolia Ridge Apartments | B-1 | 2BR,2BA | $1.73 |
3100 Banks St | 743 sq ft | 1BR,1BA | $2.15 |
6564 Fleur De Lis Dr | One Bedroom | 1BR,1BA | $1.67 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleLakewood, New Orleans, LA
Ranked #18
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 $1,518.
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 $1,900.
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 12 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 $839 which is $1,061 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.

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.

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.