Search the lowest-cost Apartments available for rent right now in New Orleans.
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.
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.
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| New Orleans Studio Apartments | $1,079 | $246 | $3,000 |
| New Orleans 1 Bedroom Apartments | $1,330 | $259 | $8,167 |
| New Orleans 2 Bedroom Apartments | $1,766 | $726 | $10,000+ |
| New Orleans 3 Bedroom Apartments | $1,988 | $1,030 | $9,129 |
| New Orleans 4 Bedroom Apartments | $3,107 | $1,370 | $10,000+ |
| New Orleans 5 Bedroom Apartments | $7,024 | $1,750 | $10,000+ |
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 ArticleFrom 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 ArticleThe 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.
If you’re an expert on all things New Orleans, tell us what you love (and don't) by rating it and writing a review.
Write a ReviewSee the most popular apartments and homes in New Orleans, LA
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in New Orleans is under $794.
The cheapest apartment in New Orleans is Parc Fontaine which is listed at $710, while the average apartment in New Orleans costs $4,793.
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 1,018 regular apartments in New Orleans that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
Cheap apartments in New Orleans have an average cost of $422 which is $4,371 cheaper than the average rent for all rentals in New Orleans.
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.
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.
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.
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.
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.
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.
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.
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.
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.
We'll check your New Orleans review to ensure it meets our Review Guidelines.
Thank you!
