Cheap Apartments for Rent in the CBD Neighborhood of New Orleans, LA from $403 (64 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

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1013 Royal St
$1,200

Total Monthly Price

Base Rent$1,200
Total Monthly Price$1,200
1 Bedroom Apartment Available Now

1013 Royal St

1013 Royal StNew Orleans, LA 70116
Affordability

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property at 1201 Baronne St
$1,550 - $2,700
1 To 3 Bedroom Rentals
Available Now
Affordability

1201 Baronne St

New OrleansLA70113
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200 Carondelet
Studio to 1 Bedroom Apartments

200 Carondelet

200 Carondelet StNew Orleans, LA 70130

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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2013 S Liberty Rd
1 to 2 Bedroom Apartments

2013 S Liberty Rd

2013 S Liberty RdNew Orleans, LA 70113
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Marais Apartments
Studio to 1 Bedroom Apartments

Marais Apartments

1501 Canal StNew Orleans, LA 70112
Senior Living
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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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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 1 Bed unit found at 200 Carondelet priced from $427. STRAIGHT707 Toulouse St. has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,025. Here are the most affordable CBD apartments for rent in New Orleans, LA:

Apartment ListingModel NameBed/BathPriced From
200 Carondelet1x1-c1i-tc301BR,1BA$427
STRAIGHT707 Toulouse St.1BR/1.0BA1BR,1BA$1,025
Bienville Basin Apartments1 Bedroom Apartment1BR,1BA$1,200
The SauletMarigny1BR,1BA$1,280
2424 TULANEA11BR,1BA$1,335
Moss-Bauer1x11BR,1BA$1,350
The Strand Apartments1 Bedroom Apartment1BR,1BA$1,394
910 Toulouse St1BR/1.0BA1BR,1BA$1,400
Hibernia Tower Apartments1 Bedroom1BR,1BA$1,413

Best Value Apartments for Rent in CBD, LA

As of September 13, 2026 the best value apartment in the CBD area is the $1.73 price per square foot 3 Bedrooms Model at DH Holmes Apartments in the in the Vieux Carre neighborhood starting from $2,683. The second greatest value CBD apartment is the 3 Bedroom Apartment Model at Gravier Place Apartments starting at $1,910 with a $1.27 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.
DH Holmes Apartments3 Bedrooms3BR,2BA$1.73
Gravier Place Apartments3 Bedroom Apartment3BR,3BA$1.27
2526 Martin Luther King Jr Blvd, Unit 3 bedroom and 2 bath.2526 Martin Luther King Jr Blvd3BR,2BA$1.54
1417 Annunciation3BR/2.0BA3BR,2BA$1.66
Bienville Basin Apartments1 Bedroom Apartment1BR,1BA$1.14
The Pythian Apartments2 Bedroom 1 Bath2BR,1BA$1.90
Hibernia Tower Apartments1 Bedroom1BR,1BA$1.74
Moss-Bauer1x11BR,1BA$1.80
910 Toulouse St1BR/1.0BA1BR,1BA$1.92
STRAIGHT707 Toulouse St.1BR/1.0BA1BR,1BA$1.86

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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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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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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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 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 $1,825.

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 24 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 $268 which is $1,557 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.

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