Cheap Apartments for Rent in New Orleans, LA from $300 (376 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in New Orleans.

Showing Results 1-50, Page 1 of 8

New Orleans, LA Local Guide

Photo of Justin Habersaat - Editing Staff
Written By:
Justin Habersaat
Editing Staff

Cheapest Neighborhoods for Apartments in New Orleans, LA

Pricing Updated: 08/01/2025

Current apartment rentals in the New Orleans, LA area range in price from $685 to $24,140 with an overall median price of $8,768. The three New Orleans neighborhoods with the lowest median rent pricing are English Turn at $1,100, Village De LEst at $735, and Edgelake at $700. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for New Orleans Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
English Turn$1,125$1,1001
Village De LEst$1,250$7353
Edgelake$1,320$700211
Sherwood Forest$1,320$700214
Lake Forest East$1,441$68518
Little Woods$1,441$685229
Pines$1,441$68526
Pines Village$1,441$68523
Plum Orchard$1,441$68530
Read Boulevard East$1,441$700215

Cheapest Available New Orleans Apartments for Rent

 

The cheapest available apartment rental in New Orleans, LA is a 1 Bed unit found at Laguna Creek in the Lake Forest East neighborhood priced from $685. Whispering Palms in the Old Aurora neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $699. Here is today’s list of the most affordable New Orleans apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Laguna Creek1 Bedroom1BR,1BA$685
Whispering PalmsStudioStudio,1BA$699
MarquisB32BR,2BA$717
Chateau d'Orleans1BR/1BA1BR,1BA$735
PeppertreeStudioStudio,1BA$745
Laguna Reserve1 Bedroom1BR,1BA$754
Patio VillaStudioStudio,1BA$755
Lake VillaStudioStudio,1BA$789
Forest Isle'B' - Very Nice 1 Br/1Bath Layout1BR,1BA$800
AlmondtreeStudioStudio,1BA$805

Best Value Apartments for Rent in New Orleans, LA

As of August 01, 2025 the best value apartment in the New Orleans area is the $0.96 price per square foot 320 S Dupre St Model at 320 S Dupre St, Unit 320 in the in the Mid-City neighborhood starting from $1,495. The second greatest value New Orleans apartment is the 3 Bedrooms, 2 Baths Model at Wilshire Heights starting at $1,794 with a $1.18 price per square foot in the Navarre neighborhood. Here is today’s list of the best values for New Orleans apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
320 S Dupre St, Unit 320320 S Dupre St3BR,1BA$0.96
Wilshire Heights3 Bedrooms, 2 Baths3BR,2BA$1.18
2323 Leonidas St, Unit Beautiful Shared Living2323 Leonidas St1BR,1BA$0.81
1036 Eli Ct1036 Eli Ct2BR,1.5BA$1.00
Metairie Plaza Apartments2 Beds, 2 baths2BR,2BA$1.16
3409 Golden Dr, Unit Apt D3409 Golden Dr2BR,1BA$1.00
Courtland Park2 Bedroom2BR,1BA$1.12
2110 Willow St, Unit B2110 Willow St2BR,1BA$1.18
Laguna Reserve1 Bedroom1BR,1BA$1.01
Laguna Creek1 Bedroom1BR,1BA$1.11

Quick 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.

decorative image of people with a giant lease agreement

New Orleans Overview

The largest metro area in all of Louisiana and a truly unique city known the world over for its cuisine, culture and oh-so-famous Mardi Gras, New Orleans is a destination that simply must be experienced to be believed. Combining French and Creole-inspired architecture, open-faced balcony terraces and omnipresent jazz music filling the air, New Orleans' particular brand of magic has been charming residents for centuries making living in apartments in New Orleans the bees knees.

Why live in New Orleans, LA?

Louisiana boasts a truly unique charm, and there is no denying that New Orleans is its central hub. From the amazing cuisine to the rarely-shy populace, New Orleans has a distinct character that simply cannot be replicated. Flush with romantic ambiance, eye-popping architecture, historic pubs, world-class eateries and more crawfish than you can shake a stick at, New Orleans is a unique treasure known coast-to-coast. With a plethora of available New Orleans apartments ready and waiting for you, this city is a prime locale.

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

Explore New Orleans, LA Rentals by Map

Decorative image of map

See the most popular apartments and homes in New Orleans, LA

View Map
New Orleans, LA Apartments Map
View Map
New Orleans, LA Rental Homes Map

Getting Around New Orleans, LA

Walk Score®

75 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

74 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

49 / 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 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 $805.

What is the price of a cheap apartment in New Orleans?

The cheapest apartment in New Orleans is Laguna Creek which is listed at $685, while the average apartment in New Orleans costs $8,768.

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 1,693 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 $455 which is $8,313 cheaper than the average rent for all rentals in New Orleans.

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.

decorative image for A Local Expert’s Top Budget-Friendly Neighborhoods to Rent in New Orleans article

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.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

decorative image for Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting article

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.