
Cheap 3 Bedroom Apartments for Rent in the CBD Neighborhood of New Orleans, LA from $1,281 (1 Rental)

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
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.
CBD, New Orleans, LA Local Guide

How much does it cost to rent an apartment in CBD?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| CBD Studio Apartments | $1,097 | $246 | $2,177 |
| CBD 1 Bedroom Apartments | $1,774 | $259 | $7,474 |
| CBD 2 Bedroom Apartments | $2,778 | $989 | $10,000+ |
CBD 3 Bedroom Apartments | $3,756 | $1,281 | $10,000+ |
| CBD 4 Bedroom Apartments | $6,882 | $2,000 | $10,000+ |
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Frequently Asked Questions about Cheap CBD Apartments
What is a cheap apartment in CBD?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in CBD is under $1,436.
What is the price of a cheap apartment in CBD?
The cheapest apartment in CBD is 1300 OCH at H3C Apartments which is listed at $1,281, while the average apartment in CBD costs $12,813.
What types of apartments are the cheapest in CBD?
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 51 regular apartments in CBD 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 CBD?
Cheap apartments in CBD have an average cost of $419 which is $12,394 cheaper than the average rent for all rentals in CBD.
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

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.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.