Cheap Homes for Rent in CBD Neighborhood of New Orleans, LA from $1,000 (14 Rentals)

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Search the lowest-cost Homes available for rent right now in the CBD 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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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 Gravier Place Apartments priced from $1,023. The Woodward Lofts has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,205. Here are the most affordable CBD apartments for rent in New Orleans, LA:

Apartment ListingModel NameBed/BathPriced From
Gravier Place Apartments1 Bedroom Apartment1BR,1BA$1,023
The Woodward Lofts1 Bedroom Apartments1BR,1BA$1,205
The Pythian ApartmentsStudio / 1 BATHStudio,1BA$1,250
Hibernia Tower Apartments1 Bedroom1BR,1BA$1,273
The Residences at LSU HealthStudio C ADA *Call for Availability*Studio,1BA$1,275

Best Value Apartments for Rent in CBD, LA

As of July 27, 2025 the best value apartment in the CBD 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 CBD apartment is the 2 Bedroom Apartment Model at The Strand Apartments starting at $2,078 with a $1.60 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.
The Annex Luxury ApartmentsThree Bedroom Luxury Apartment3BR,3BA$1.78
The Strand Apartments2 Bedroom Apartment2BR,2BA$1.60
2526 Martin Luther King Jr Blvd, Unit 3 bedroom and 2 bath.2526 Martin Luther King Jr Blvd3BR,2BA$1.69
925 CommonThe Barrone2BR,2.5BA$1.12
Bienville Basin Apartments1 Bedroom Apartment1BR,1BA$1.22
Hibernia Tower Apartments1 Bedroom1BR,1BA$1.32
The Muses Apartment HomesModel 2A2BR,2BA$1.85
The Woodward Lofts1 Bedroom Apartments1BR,1BA$1.77
Moss-Bauer1x11BR,1BA$1.99
Gravier Place Apartments1 Bedroom Apartment1BR,1BA$1.66

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Frequently Asked Questions about CBD

What type of rentals are currently available in CBD?

There are currently 380 Apartments for Rent in CBD, LA with pricing that ranges from $831 to $24,160. There are also 118 Single Family Homes for rent, Condos, and Townhome rentals currently available in CBD ranging from $1,000 to $7,000.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in CBD ranges from $1,000 to $7,000 with an average monthly rent of $2,644.

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.

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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.

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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.

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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.