Cheap Apartments for Rent in the CBD Neighborhood of New Orleans, LA from $400 (59 Rentals)

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

Mardi Gras on the Weekends: The Best Neighborhoods to Rent Near New Orleans' Top Employers

'Laissez les bons temps rouler' and get to work! Explore New Orleans' major industries, best places to live, and iconic culture spots in The Big Easy.

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property at 2311 Baronne St

$1,400 - $1,500

2 Bedroom Rentals

Available Now

2311 Baronne St

New OrleansLA70113

From Campus to Cajun Cuisine: Finding Your Perfect Student Apartment in New Orleans

Moving to New Orleans for college? Find your off-campus rental near Tulane, Loyola, Dillard, and more. This guide covers nearby neighborhoods, culture, and starting your student life in the Big Easy.

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property at 632 Esplanade Ave

$1,500 - $3,200

1 To 2 Bedroom Rentals

Available Now

632 Esplanade Ave

New OrleansLA70116
property at 1201 Baronne St

$1,550 - $2,700

1 To 3 Bedroom Rentals

Available Now

1201 Baronne St

New OrleansLA70113
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2013 S Liberty Rd
1 to 2 Bedroom Apartments

2013 S Liberty Rd

2013 S Liberty RdNew Orleans, LA 70113

New Orleans's Best Affordable Neighborhoods

Learn about New Orleans and the best places to live with original content written by our Minneapolis, MN Local Expert Melissa Maxwell

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Marais Apartments
Studio to 1 Bedroom Apartments

Marais Apartments

1501 Canal StNew Orleans, LA 70112
Senior Living
property at 1205 St Charles Ave

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200
Total Monthly Price
$1,200

Studio, 1 Bath Condo for Rent

Available Now

1205 St Charles Ave, Unit 606

1205 St Charles Ave
New OrleansLA70130
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Saratoga Apartments
1 to 2 Bedroom Apartments

Saratoga Apartments

212 Loyola AveNew Orleans, LA 70112
  • Utilities Included
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Moss-Bauer
1 to 2 Bedroom Apartments

Moss-Bauer

703 Carondelet StNew Orleans, LA 70130
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Merchant Lofts
1 Bedroom Apartments

Merchant Lofts

201 Magazine StNew Orleans, LA 70130
  • Utilities Included
property at 1112 Royal St

$1,395

Total Monthly Price

Total Monthly Price

Base Rent
$1,395
Total Monthly Price
$1,395

1 Bedroom, 1 Bath Home for Rent

Available Now

1112 Royal St

New OrleansLA70116
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The California Building
Studio to 2 Bedroom Apartments

The California Building

1111 Tulane AveNew Orleans, LA 70112
Corporate Housing
  • Utilities Included
  • Smoke Free
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Thirteen15
Studio to 2 Bedroom Apartments

Thirteen15

1315 Gravier StNew Orleans, LA 70112

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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CBD, New Orleans, LA Local Guide

Cheapest Available CBD Apartments for Rent

 

The cheapest available apartment rental in the CBD area of New Orleans, LA is a Studio unit found at 200 Carondelet priced from $950. Gravier Place Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,043. Here are the most affordable CBD apartments for rent in New Orleans, LA:

Apartment ListingModel NameBed/BathPriced From
200 CarondeletStudio-csc-mktStudio,1BA$950
Gravier Place Apartments1 Bedroom Apartment1BR,1BA$1,043
Bienville Basin Apartments1 Bedroom Apartment1BR,1BA$1,200
Hibernia Tower Apartments1 Bedroom1BR,1BA$1,266
925 CommonSYMPHONYStudio,1BA$1,325
Moss-Bauer1x11BR,1BA$1,350
2424 TULANEA11BR,1BA$1,365
1201 Canal Apartments5151BR,1BA$1,427
DH Holmes Apartments1 Bedroom1BR,1BA$1,446
The Strand Apartments1 Bedroom Apartment1BR,1BA$1,469

Best Value Apartments for Rent in CBD, LA

As of July 29, 2026 the best value apartment in the CBD area is the $2.19 price per square foot Townhouse Model at 930 Poydras in the in the Vieux Carre neighborhood starting from $2,995. The second greatest value CBD apartment is the 1 Bedroom Apartment Model at Bienville Basin Apartments starting at $1,200 with a $1.14 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 ListingModel NameBed/BathPrice Per Sq.Ft.
930 PoydrasTownhouse2BR,2.5BA$2.19
Bienville Basin Apartments1 Bedroom Apartment1BR,1BA$1.14
The Pythian Apartments2 Bedroom 1 Bath2BR,1BA$1.90
Hibernia Tower Apartments1 Bedroom1BR,1BA$1.56
Moss-Bauer1x11BR,1BA$1.80
DH Holmes Apartments1 Bedroom1BR,1BA$2.06
2424 TULANEA21BR,1BA$2.28
1201 Canal Apartments5151BR,1BA$2.13
Gravier Place Apartments1 Bedroom Apartment1BR,1BA$1.69
200 CarondeletStudio-csc-mktStudio ,1BA$2.26

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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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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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 $1,469.

What is the price of a cheap apartment in CBD?

The cheapest apartment in CBD is Gravier Place Apartments which is listed at $1,043, while the average apartment in CBD costs $11,716.

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 10 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 $212 which is $11,504 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.

Helpful Local Expert Guides

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Welcome to the Big Easy: A Local Insider's Guide to New Orleans

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For many people, the closest they come to New Orleans is watching The Princess and the Frog or that episode of The Simpsons where Marge stars in a musical based on A Streetcar Named Desire.

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I'm Melissa, your ApartmentHomeLiving.com Local Expert for New Orleans and I'm here to tell you about the best places to live and work in The Big Easy. Not every day is Mardi Gras! We work too.

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Congratulations on getting into college! The next four years are going to be pretty exciting. If you got into a college in The Big Easy, just remember that it isn't always Mardi Gras.

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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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