
Cheap Apartments for Rent in the CBD Neighborhood of New Orleans, LA from $400 (46 Rentals)
Search the lowest-cost Apartments available for rent right now in the CBD area of New Orleans.


King Rampart Senior Living (Ages 55+ ONLY)

Belle Reve at H3C -Senior 55+

1300 OCH at H3C Apartments

807 Bourbon St

925 Common St

Total Monthly Price
929 Dumaine St, Unit 1

929 Dumaine St

The Pythian Apartments
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.

1016 Canal St

824 Royal St

Total Monthly Price
The Saulet

2000 S Liberty St

925 Common St

925 Common

Bienville Basin Apartments

508 Madison St

514 Madison St
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.

508 Madison St

Hibernia Tower Apartments

2424 TULANE

The Muses Apartment Homes

508 Chartres St

2124 Reverend John Raphael Jr Way

508 Chartres St

1832 Baronne St

1201 Canal Apartments
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.

The Strand Apartments

Total Monthly Price
930 Poydras

Four Winds

1014-1016 Thalia St

DH Holmes Apartments

Total Monthly Price
Delaneaux

Total Monthly Price
1643 Josephine

Memoir Warehouse District

Total Monthly Price
124 N Galvez St, Unit 124 NORTH GALVEZ STREET
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.

632 Esplanade Ave

Rosa F. Keller Building

Moss-Bauer

Marais Apartments

Saratoga Apartments

Merchant Lofts

Thirteen15

The California Building

The Howard Luxury Apartments
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.

220 Decatur St
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 | $1,437 | $875 | $3,434 |
| CBD 1 Bedroom Apartments | $1,750 | $427 | $4,940 |
| CBD 2 Bedroom Apartments | $2,796 | $989 | $10,000+ |
| CBD 3 Bedroom Apartments | $3,315 | $1,281 | $8,727 |
| CBD 4 Bedroom Apartments | $5,594 | $2,000 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 46 rentals with your search options within a 1 mile radius of the CBD Neighborhood of New Orleans, LA.
See all Apartments in New OrleansExplore New Orleans
CBD, New Orleans, LA Local Guide
- Nearby New Orleans neighborhoods
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Cheapest Available CBD Apartments for Rent
 The cheapest available apartment rental in the CBD area of New Orleans, LA is a 1 Bed unit found at 200 Carondelet priced from $427. 1300 OCH at H3C Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $934. Here are the most affordable CBD apartments for rent in New Orleans, LA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 200 Carondelet | 1x1-c1g-tc30 | 1BR,1BA | $427 |
| 1300 OCH at H3C Apartments | A1 | 1BR,1BA | $934 |
| The Pythian Apartments | 1 Bedroom | 1BR,1BA | $1,068 |
| The Saulet | Marigny | 1BR,1BA | $1,115 |
| 925 Common | The Harmony | Studio,1BA | $1,195 |
| Moss-Bauer | 1x1 | 1BR,1BA | $1,200 |
| Bienville Basin Apartments | 1 Bedroom Apartment | 1BR,1BA | $1,200 |
| Hibernia Tower Apartments | 1 Bedroom | 1BR,1BA | $1,271 |
| 2424 TULANE | A1 | 1BR,1BA | $1,278 |
Best Value Apartments for Rent in CBD, LA
As of March 01, 2026 the best value apartment in the CBD area is the $0.65 price per square foot 124 N Galvez St Model at 124 N Galvez St, Unit 124 NORTH GALVEZ STREET in the in the CBD neighborhood starting from $1,600. The second greatest value CBD apartment is the Three Bedroom Luxury Apartment Model at The Annex Luxury Apartments starting at $3,800 with a $1.78 price per square foot in the Vieux Carre neighborhood. Here is today’s list of the best values for CBD apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 124 N Galvez St, Unit 124 NORTH GALVEZ STREET | 124 N Galvez St | 3BR,2BA | $0.65 |
| The Annex Luxury Apartments | Three Bedroom Luxury Apartment | 3BR,3BA | $1.78 |
| The Pythian Apartments | 2 Bedroom 2 Bath | 2BR,2BA | $1.21 |
| Gravier Place Apartments | 3 Bedroom Apartment | 3BR,3BA | $1.59 |
| 2136 Saint Andrew St, Unit 1 | 2136 Saint Andrew St | 3BR,3BA | $1.76 |
| Bienville Basin Apartments | 1 Bedroom Apartment | 1BR,1BA | $1.14 |
| Hibernia Tower Apartments | 2 Bedroom | 2BR,2BA | $1.78 |
| The Muses Apartment Homes | Model 2A | 2BR,2BA | $1.85 |
| Moss-Bauer | 1x1 | 1BR,1BA | $1.60 |
| 200 Carondelet | Studio-csc-mkt | Studio ,1BA | $2.08 |
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.
Read ArticleThe 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.
Read ArticleCash 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.
Read ArticleQuick 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.
Lifestyle Ratings
ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of rentals in metropolitan areas across the United States, including New Orleans. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including our Star Ratings to compare for the best proximity to parks and outdoor amenities, luxury amenities, pet-friendly features, family-friendliness, proximity to transit, and much more. Find Lifestyle Search in the filter options (above). Happy Searching!
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 $1,278.
What is the price of a cheap apartment in CBD?
The cheapest apartment in CBD is 200 Carondelet which is listed at $427, while the average apartment in CBD costs $18,376.
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 93 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 $540 which is $17,836 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.

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.

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.

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.