
Cheap Apartments for Rent in New Iberia, LA from $400 (47 Rentals)
Search the lowest-cost Apartments available for rent right now in New Iberia.


Spanish Lake Apartments

Sugarland Terrace

131B Center St

City Heights Magnolia

136 E Washington St

Reserve at Squirrel Run

404 N Landry Dr

T R Bobb Apartments
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Cherokee Apartments

School Days

218 St Peter St

2915 LA-14

419 Charles St

Cherry Brook Apartments

Jefferson Terrace Townhomes

Bayou Place

1110 Walton St
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

405 Johnston St

Admiral Pointe

Ocani Apartments

St. Edwards Subdivision

1009 Providence St

Stone Bridge

Garden Heights Apartments

Acadian Point Apartments

CityParc at The Ranch
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

The Bradford Apartments

Grove At Plantation

Mainstreet Annex at River Ranch

The Arts Apartments At Broussard Crossing

Emberwood

Elora Place

Mainstreet at River Ranch

La Veranda at Polly Lane Apartments

Waterview Apartment Homes
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

The Plantation at Lafayette

Audubon Lake Apartment Homes

Total Monthly Price
Lafayette Gardens

Villa Broussard

Plantation Crossing

Santa Rosa

232 Hulin St

505 E Main St

306 S Severin St
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Riverside At Oakbourne Townhomes

212 Briarcliff Dr
New Iberia, LA Local Guide

How much does it cost to rent an apartment in New Iberia?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap New Iberia Studio Apartments | $933 | $908 | $958 |
| Cheap New Iberia 1 Bedroom Apartments | $1,191 | $650 | $2,850 |
| Cheap New Iberia 2 Bedroom Apartments | $1,400 | $689 | $3,650 |
| Cheap New Iberia 3 Bedroom Apartments | $1,866 | $694 | $2,442 |
| Cheap New Iberia 4 Bedroom Apartments | $1,721 | $745 | $2,595 |
Browse Top Apartments in New Iberia
See all Apartments in New IberiaExplore New Iberia
New Iberia, LA Local Guide
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Cheapest Available New Iberia Apartments for Rent
 The cheapest available apartment rental in New Iberia, LA is a 1 Bed unit found at 218 St Peter St in the St Martin Parish neighborhood priced from $550. Patriot Point of New Iberia in the St Martin Parish neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $650. Here is today’s list of the most affordable New Iberia apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 218 St Peter St | 1 Beds, 1 Baths | 1BR,1BA | $550 |
| Patriot Point of New Iberia | 1 Bed 1 Bath | 1BR,1BA | $650 |
| Stone Bridge | 2 Bed 2 Bath | 2BR,2BA | $689 |
| Santa Rosa | SRSMR | Studio,1BA | $800 |
| CityParc at The Ranch | A1 | 1BR,1BA | $830 |
| The Bradford Apartments | 1 Bedroom | 1BR,1BA | $865 |
| The Arts Apartments At Broussard Crossing | A1 | 1BR,1BA | $912 |
| Grove At Plantation | 1 Bed 1.0 Bath | 1BR,1BA | $965 |
| Elora Place | Vermillion | 1BR,1BA | $975 |
| Emberwood | Acorn | 1BR,1BA | $975 |
Best Value Apartments for Rent in New Iberia, LA
As of July 23, 2026 the best value apartment in the New Iberia area is the $1.23 price per square foot 4 Bedroom Model at Canebrake Landings in the in the Central Lafayette Parish neighborhood starting from $2,100. The second greatest value New Iberia apartment is the The Magnolia Model at Villa Broussard starting at $1,780 with a $1.35 price per square foot in the South Lafayette Parish neighborhood. Here is today’s list of the best values for New Iberia apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Canebrake Landings | 4 Bedroom | 4BR,2BA | $1.23 |
| Villa Broussard | The Magnolia | 3BR,2BA | $1.35 |
| Plantation Crossing | B1 | 2BR,2BA | $1.21 |
| Acadian Point Apartments | B2 2 BEDROOM 2 BATH | 2BR,2BA | $1.13 |
| Elora Place | Vermillion | 1BR,1BA | $1.14 |
| Stone Bridge | 1 Bed 1 Bath | 1BR,1BA | $0.85 |
| Lafayette Gardens | 1 Bedroom | 1BR,1BA | $1.37 |
| Mainstreet at River Ranch | A1 | 1BR,1BA | $1.36 |
| The Bradford Apartments | 2 Bedroom | 2BR,1BA | $1.17 |
| Patriot Point of New Iberia | 1 Bed 1 Bath | 1BR,1BA | $1.09 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick 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.
Pet Friendly LifestyleNew Iberia, LA
Ranked #43
Among cities in Louisiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Best Local Schools in New Iberia, LA
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore New Iberia, LA Rentals by Map
See the most popular apartments and homes in New Iberia, LA
Frequently Asked Questions about Cheap New Iberia Apartments
How much is rent for a Cheap One Bedroom New Iberia Apartment?
The lowest price for a Cheap One Bedroom New Iberia Apartment is $550 at 218 St Peter St.
What is the lowest price for a Cheap Two Bedroom New Iberia Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in New Iberia is starting from $689 at Stone Bridge.
What is the most affordable New Iberia Three Bedroom Apartment?
The best deal on a cheap New Iberia Three Bedroom Apartment rental is at Stone Bridge and starts from $950.
Expert Rental Resources
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.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.