Cheap Apartments for Rent in New Orleans, LA from $335 (385 Rentals)

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

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Celeste Landing
$716 - $932
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Total Monthly Price

Base Rent
$716 - $932
Total Monthly Price
$716 - $932
Studio to 1 Bedroom Apartments Contact Us For Availability

Celeste Landing

1717 Religious StNew Orleans, LA 70130
Affordability
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  • Utilities Included
  • Low Income
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Marquis
$726 - $2,545
Total Monthly Price

Total Monthly Price

Base Rent
$726 - $2,545
Total Monthly Price
$726 - $2,545
1 to 4 Bedroom Apartments Available Now

Marquis

2651 Poydras StNew Orleans, LA 70119
Cost Per Sq.Ft.
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  • Customer Reviewed
  • Utilities Included

Welcome to the Big Easy: A Local Insider's Guide to New Orleans

Ready to explore the real New Orleans? Our local insider breaks down the best places to eat, drink, shop, learn, and play in one of America's most unique and vibrant cities.

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Cypress Run Apartments
Rent Specials
$835 - $1,235
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Total Monthly Price

Base Rent
$835 - $1,235
Total Monthly Price
$835 - $1,235
1 to 2 Bedroom Apartments Available Now

Cypress Run Apartments

6101 Tullis DrNew Orleans, LA 70131
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  • Verified
  • Utilities Included
  • Smoke Free

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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Mardi Gras on the Weekends: The Best Neighborhoods to Rent Near New Orleans' Top Employers

'Laissez les bons temps rouler' and get to work! Explore New Orleans' major industries, best places to live, and iconic culture spots in The Big Easy.

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Forest Park Apartments
Rent Specials
$933 - $1,881
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Total Monthly Price

Base Rent
$933 - $1,881
Total Monthly Price
$933 - $1,881
1 to 3 Bedroom Apartments Contact Us For Availability

Forest Park Apartments

3708 Garden Oaks DrNew Orleans, LA 70114
Affordability
  • Verified
  • Customer Reviewed
  • Utilities Included

From Campus to Cajun Cuisine: Finding Your Perfect Student Apartment in New Orleans

Moving to New Orleans for college? Find your off-campus rental near Tulane, Loyola, Dillard, and more. This guide covers nearby neighborhoods, culture, and starting your student life in the Big Easy.

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3820 3rd St, Unit 1B
$1,000
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Total Monthly Price

Base Rent
$1,000
Total Monthly Price
$1,000
2 Bedroom Apartment Available Now

3820 3rd St, Unit 1B

3820 3rd StNew Orleans, LA 70125
Affordability

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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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: 08/30/2026

Current apartment rentals in the New Orleans, LA area range in price from $246 to $15,000 with an overall median price of $1,474. The three New Orleans neighborhoods with the lowest median rent pricing are Edgelake at $880, Little Woods at $880, and Read Boulevard East at $885. 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
Edgelake$880$725280
Little Woods$880$660319
Read Boulevard East$885$725291
Read Boulevard West$885$725322
Sherwood Forest$885$725291
Viavant Venetian Isles$885$660324
West Lake Forest$885$66040
Lake Forest East$886$74042
Pines Village$886$66036
Venetian Isles$886$725295

Cheapest Available New Orleans Apartments for Rent

 

The cheapest available apartment rental in New Orleans, LA is a 4 Beds unit found at Harmony Oaks in the West Riverside neighborhood priced from $335. 200 Carondelet in the Vieux Carre neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $427. Here is today’s list of the most affordable New Orleans apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Harmony Oaks4 Bdrm Townhome, 1360 SqFt, Tax Credit, 20% AMI4BR,2BA$335
200 Carondelet1x1-c1i-tc301BR,1BA$427
PeppertreeStudioStudio,1BA$695
Patio VillaStudioStudio,1BA$735
Azalea BelleA11BR,1BA$740
Riviere RoyaleA11BR,1BA$780
Chateau CarmelA11BR,1BA$785
Chateau NapoleonClassic StudioStudio,1BA$785
Chase on Lake AvenueSStudio,1BA$785
Aviary on West Napoleon1X11BR,1BA$795

Best Value Apartments for Rent in New Orleans, LA

As of August 30, 2026 the best value apartment in the New Orleans area is the $1.09 price per square foot 3 Bedrooms, 2 Baths Model at Wilshire Heights in the in the Metairie neighborhood starting from $1,659. The second greatest value New Orleans apartment is the 1978 Hope St Model at 1978 Hope St, Unit 1980Hope Street starting at $1,300 with a $0.87 price per square foot in the City Park 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.
Wilshire Heights3 Bedrooms, 2 Baths3BR,2BA$1.09
1978 Hope St, Unit 1980Hope Street1978 Hope St3BR,1BA$0.87
1980 Hope St, Unit 19801980 Hope St3BR,1BA$0.87
917 W Monterey Ct3 Beds, 2 Baths3BR,2BA$0.87
Lakeside V2 Bedrooms w/Den, 2 Baths2BR,2BA$1.08
MarquisB12BR,2BA$0.98
3409 Golden Dr, Unit Apt B3409 Golden Dr2BR,1.5BA$1.05
543 Avenue E, Unit 543 Avenue E Westwego543 Avenue E2BR,1BA$1.10
1161 Lake Ave, Unit 119c1161 Lake AveStudio ,1BA$1.11
1413 Angela St, Unit 14131413 Angela St1BR,1BA$1.06

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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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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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

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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 $795.

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

The cheapest apartment in New Orleans is 200 Carondelet which is listed at $427, while the average apartment in New Orleans costs $1,474.

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 1,164 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 $390 which is $1,084 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

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Welcome to the Big Easy: A Local Insider's Guide to New Orleans

Written by: Melissa Maxwell

For many people, the closest they come to New Orleans is watching The Princess and the Frog or that episode of The Simpsons where Marge stars in a musical based on A Streetcar Named Desire.

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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.

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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.

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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.

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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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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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.