Cheap New Apartments for Rent in New Orleans, LA from $400 (37 Rentals)

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

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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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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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
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Thirteen15
Built in 2022Studio to 2 Bedroom Apartments

Thirteen15

1315 Gravier StNew Orleans, LA 70112
Student Housing
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The California Building
Built in 2016Studio to 2 Bedroom Apartments

The California Building

1111 Tulane AveNew Orleans, LA 70112
  • Utilities Included

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.

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The BonVi Apartments
Built in 20221 to 3 Bedroom Apartments

The BonVi Apartments

882 Montegut StNew Orleans, LA 70117
Corporate Housing
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Greenway Apartments
Built in 20181 Bedroom Apartments

Greenway Apartments

2606 Saint Louis StNew Orleans, LA 70119
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Good Counsel Apartments
Built in 20171 to 2 Bedroom Apartments

Good Counsel Apartments

1215 Louisiana AveNew Orleans, LA 70115
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7 Fontainebleau
Built in 20241 Bedroom Apartments

7 Fontainebleau

7 Fontainebleau DrNew Orleans, LA 70125

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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Clearwater Creek Premier
Built in 20171 to 2 Bedroom Apartments

Clearwater Creek Premier

877 E Commerce RdRiver Ridge, LA 70123
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Showing Results 1-37, Page 1 of 1

New Orleans, LA Local Guide

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

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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

Explore New Orleans, LA Rentals by Map

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

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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 $785.

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

The cheapest apartment in New Orleans is Parc Fontaine which is listed at $710, while the average apartment in New Orleans costs $6,298.

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 2,508 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 $538 which is $5,760 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.

Articles, How-To's, and Tips

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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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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.