Cheap New Apartments for Rent in New Orleans, LA from $300 (16 Rentals)

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

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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St. Peter Apartments
Built in 20201 to 2 Bedroom Apartments

St. Peter Apartments

2630 St Peter StNew Orleans, LA 70119
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Cypress Parc
Built in 20161 to 3 Bedroom Apartments

Cypress Parc

6857 Cindy PlNew Orleans, LA 70127
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Highrise NOLA
Built in 20211 Bedroom Apartments

Highrise NOLA

6324 Chef Menteur HwyNew Orleans, LA 70126
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The Reveal
Built in 20221 to 4 Bedroom Apartments

The Reveal

13733 Chef Menteur HwyNew Orleans, LA 70129
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Sacred Heart at St Bernard
Built in 20181 to 2 Bedroom Apartments

Sacred Heart at St Bernard

1720 Saint Bernard AveNew Orleans, LA 70116
  • Utilities Included

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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The Pythian Apartments
Built in 2017Studio to 3 Bedroom Apartments

The Pythian Apartments

234 Loyola AveNew Orleans, LA 70112

New Orleans, LA Local Guide

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.

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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

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 $814.

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 $3,420.

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 5,067 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 $680 which is $2,740 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.

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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.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.