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

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Search the lowest-cost Apartments available for rent right now in the Bywater area of 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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property at 824 Royal St

$1,100 - $3,500

Studio To 2 Bedroom Rentals

Available Now

824 Royal St

New OrleansLA70116

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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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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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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722-724 Louisa St
1 to 2 Bedroom Apartments

722-724 Louisa St

722-724 Louisa StNew Orleans, LA 70117
  • Utilities Included
Showing Results 1-37, Page 1 of 1

Bywater, New Orleans, LA Local Guide

Cheapest Available Bywater Apartments for Rent

 

The cheapest available apartment rental in the Bywater area of New Orleans, LA is a Studio unit found at 200 Carondelet priced from $875. Marais Street Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,059. Here are the most affordable Bywater apartments for rent in New Orleans, LA:

Apartment ListingModel NameBed/BathPriced From
200 CarondeletStudio-csc-mktStudio,1BA$875
Marais Street ApartmentsOne Bedroom1BR,1BA$1,059
Riverside Retreat at Federal CityOne Bedroom - ADA (corner)1BR,1BA$1,236
The Woodward Lofts1 Bedroom Apartments1BR,1BA$1,285
Aloysius Apartments1 Bedroom1BR,1BA$1,399
Village at Federal City - MilitaryHousingActive Military/Civilian(UPSTAIRS)2BR,1BA$1,434
DH Holmes Apartments1 Bedroom1BR,1BA$1,474

Best Value Apartments for Rent in Bywater, LA

As of January 26, 2026 the best value apartment in the Bywater area is the $1.78 price per square foot Three Bedroom Luxury Apartment Model at The Annex Luxury Apartments in the in the Vieux Carre neighborhood starting from $3,800. The second greatest value Bywater apartment is the 2 Beds, 2 Baths Model at 323 Morgan St starting at $3,200 with a $1.84 price per square foot in the Vieux Carre neighborhood. Here is today’s list of the best values for Bywater apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Annex Luxury ApartmentsThree Bedroom Luxury Apartment3BR,3BA$1.78
323 Morgan St2 Beds, 2 Baths2BR,2BA$1.84
Village at Federal City - MilitaryHousingActive Military/Civilian(UPSTAIRS)2BR,1BA$1.30
1225 Clouet St1225 Clouet St2BR,2BA$2.00
2363 N Robertson St, Unit 23632363 N Robertson St2BR,1BA$0.97
1502 Piety St, Unit 15021502 Piety St2BR,1BA$0.97
2255 N Miro St, Unit 2255 N Miro2255 N Miro St2BR,1BA$1.48
3404 Dauphine St, Unit Upper Balcony3404 Dauphine St2BR,1BA$1.90
Aloysius Apartments1 Bedroom1BR,1BA$1.99
Riverside Retreat at Federal CityOne Bedroom - ADA (corner)1BR,1BA$1.77

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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Pet Friendly Lifestyle
Bywater, New Orleans, LA

Ranked #23

Among cities in Louisiana for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Cheap Bywater Apartments

What is a cheap apartment in Bywater?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Bywater is under $1,474.

What is the price of a cheap apartment in Bywater?

The cheapest apartment in Bywater is Marais Street Apartments which is listed at $1,059, while the average apartment in Bywater costs $2,854.

What types of apartments are the cheapest in Bywater?

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 18 regular apartments in Bywater 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 Bywater?

Cheap apartments in Bywater have an average cost of $363 which is $2,491 cheaper than the average rent for all rentals in Bywater.

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.