Cheap Apartments for Rent in New Iberia, LA from $400 (47 Rentals)

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T R Bobb Apartments
1 to 3 Bedroom Apartments

T R Bobb Apartments

620 W Admiral Doyle DrNew Iberia, LA 70560

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.

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School Days
1 Bedroom Apartments

School Days

415 Center StNew Iberia, LA 70560
  • Utilities Included
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218 St Peter St
1 Bedroom Apartments

218 St Peter St

218 St Peter StNew Iberia, LA 70560
property at 2915 LA-14

$595 - $895

1 Bedroom Rentals

Available Now

2915 LA-14

New IberiaLA70560
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Cherry Brook Apartments
1 to 3 Bedroom Apartments

Cherry Brook Apartments

1341 20 Arpent RdNew Iberia, LA 70560
  • Utilities Included
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Bayou Place
2 to 4 Bedroom Apartments

Bayou Place

741 Shlester WayNew Iberia, LA 70560

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.

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Admiral Pointe
2 Bedroom Apartments

Admiral Pointe

713 W Admiral Doyle DrNew Iberia, LA 70560
  • Utilities Included
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Ocani Apartments
2 Bedroom Apartments

Ocani Apartments

1201-1209 Oil Center DrNew Iberia, LA 70560
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St. Edwards Subdivision
2 to 4 Bedroom Apartments

St. Edwards Subdivision

900 Mississippi StNew Iberia, LA 70560
  • Utilities Included

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.

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.

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Lafayette Gardens
Rent Specials
$1,135 - $1,680
Total Monthly Price

Total Monthly Price

Base Rent
$1,135 - $1,680

Total Monthly Price
$1,135 - $1,680
1 to 3 Bedroom Apartments Available Now

Lafayette Gardens

110 E Martial AveLafayette, LA 70508
Furnished
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Santa Rosa
Studio to 2 Bedroom Apartments

Santa Rosa

200 Merchants BlvdLafayette, LA 70508
Corporate Housing

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.

New Iberia, LA Local Guide

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 ListingModel NameBed/BathPriced From
218 St Peter St1 Beds, 1 Baths1BR,1BA$550
Patriot Point of New Iberia1 Bed 1 Bath1BR,1BA$650
Stone Bridge2 Bed 2 Bath2BR,2BA$689
Santa RosaSRSMRStudio,1BA$800
CityParc at The RanchA11BR,1BA$830
The Bradford Apartments1 Bedroom1BR,1BA$865
The Arts Apartments At Broussard CrossingA11BR,1BA$912
Grove At Plantation1 Bed 1.0 Bath1BR,1BA$965
Elora PlaceVermillion1BR,1BA$975
EmberwoodAcorn1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Canebrake Landings4 Bedroom4BR,2BA$1.23
Villa BroussardThe Magnolia3BR,2BA$1.35
Plantation CrossingB12BR,2BA$1.21
Acadian Point ApartmentsB2 2 BEDROOM 2 BATH2BR,2BA$1.13
Elora PlaceVermillion1BR,1BA$1.14
Stone Bridge1 Bed 1 Bath1BR,1BA$0.85
Lafayette Gardens1 Bedroom1BR,1BA$1.37
Mainstreet at River RanchA11BR,1BA$1.36
The Bradford Apartments2 Bedroom2BR,1BA$1.17
Patriot Point of New Iberia1 Bed 1 Bath1BR,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.

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Real 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.

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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.

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Pet Friendly Lifestyle
New Iberia, LA

Ranked #43

Among cities in Louisiana for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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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

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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.

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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.

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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.

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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.