Cheap Homes for Rent in Bywater Neighborhood of New Orleans, LA from $700 (31 Rentals)

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Search the lowest-cost Homes available for rent right now in the Bywater area of New Orleans.

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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property at 1431 France St

1431 France St

New OrleansLA70117

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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property at 1429 France St

1429 France St

New OrleansLA70117

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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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 1 Bed unit found at Marais Street Apartments priced from $1,059. The Woodward Lofts has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,191. Here are the most affordable Bywater apartments for rent in New Orleans, LA:

Apartment ListingModel NameBed/BathPriced From
Marais Street ApartmentsOne Bedroom1BR,1BA$1,059
The Woodward Lofts1 Bedroom Apartments1BR,1BA$1,191
DH Holmes Apartments1 Bedroom1BR,1BA$1,349
Elysian Courtyards Of GentillyMagnolia2BR,2BA$1,362
Aloysius Apartments1 Bedroom1BR,1BA$1,399
Village at Federal City - MilitaryHousingActive Military/Civilian(UPSTAIRS)2BR,1BA$1,434

Best Value Apartments for Rent in Bywater, LA

As of July 29, 2025 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 1808 Esplanade Ave Model at 1808 Esplanade Ave, Unit Full furnished apartment starting at $2,500 with a $1.92 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
1808 Esplanade Ave, Unit Full furnished apartment1808 Esplanade Ave2BR,2BA$1.92
Village at Federal City - MilitaryHousingActive Military/Civilian(UPSTAIRS)2BR,1BA$1.30
Nine 27 Apartments2 Bedroom2BR,2BA$1.96
Elysian Courtyards Of GentillyMagnolia2BR,2BA$1.41
6118 Dauphine St, Unit 6118 Dauphine Street6118 Dauphine St2BR,1BA$1.50
2003 Franklin Avenue, Unit A2003 Franklin Avenue2BR,1BA$1.39
Aloysius Apartments1 Bedroom1BR,1BA$1.99
548 Verret St, Unit 546 Upper548 Verret St1BR,1BA$1.68
The Woodward Lofts1 Bedroom Apartments1BR,1BA$1.78

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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Frequently Asked Questions about Bywater

What type of rentals are currently available in Bywater?

There are currently 367 Apartments for Rent in Bywater, LA with pricing that ranges from $750 to $24,080. There are also 145 Single Family Homes for rent, Condos, and Townhome rentals currently available in Bywater ranging from $750 to $7,000.

What is the current price range for Rental Homes in Bywater?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Bywater ranges from $750 to $7,000 with an average monthly rent of $2,364.

How much are larger Three and Four Bedroom Rentals in Bywater?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Bywater range from $1,200 to $8,780, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,225 to $4,000. Four Bedroom Single-Family rentals are also available starting from $2,095 and Four Bedroom Apartments start at $1,900.

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.

decorative image for A Local Expert’s Top Budget-Friendly Neighborhoods to Rent in New Orleans article

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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

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.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

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.