
Cheap 3 Bedroom Apartments for Rent in New Orleans, LA from $1,030 (51 Rentals) Page 2 of 2

Renting Smart: Lease Basics Every Renter Needs
Demystify Your Rental Lease. Learn the basics about renting, deposits, and tenant/landlord responsibilities. Rent smart and avoid surprises. | Renter University at ApartmentHomeLiving.com
New Orleans, LA Local Guide

How much does it cost to rent an apartment in New Orleans?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| New Orleans Studio Apartments | $1,117 | $246 | $3,000 |
| New Orleans 1 Bedroom Apartments | $1,387 | $259 | $7,592 |
| New Orleans 2 Bedroom Apartments | $1,798 | $760 | $10,000+ |
| New Orleans 3 Bedroom Apartments | $2,050 | $1,030 | $10,000+ |
| New Orleans 4 Bedroom Apartments | $2,467 | $1,370 | $8,881 |
| New Orleans 5 Bedroom Apartments | $6,516 | $1,750 | $10,000+ |
Explore New Orleans
Frequently Asked Questions about Cheap New Orleans Apartments
What is a cheap apartment in New Orleans?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in New Orleans is under $790.
What is the price of a cheap apartment in New Orleans?
The cheapest apartment in New Orleans is Parc Fontaine which is listed at $1,030, while the average apartment in New Orleans costs $4,203.
What types of apartments are the cheapest in New Orleans?
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 823 regular apartments in New Orleans 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 New Orleans?
Cheap apartments in New Orleans have an average cost of $439 which is $3,764 cheaper than the average rent for all rentals in New Orleans.
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.
Helpful Local Expert Guides

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.

From Campus to Cajun Cuisine: Finding Your Perfect Student Apartment in New Orleans
Written by: Melissa Maxwell
Congratulations on getting into college! The next four years are going to be pretty exciting. If you got into a college in The Big Easy, just remember that it isn't always Mardi Gras.

Mardi Gras on the Weekends: The Best Neighborhoods to Rent Near New Orleans Top Employers
Written by: Melissa Maxwell
I'm Melissa, your ApartmentHomeLiving.com Local Expert for New Orleans and I'm here to tell you about the best places to live and work in The Big Easy. Not every day is Mardi Gras! We work too.
Articles, How-To's, and Tips

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.