Cheap Apartments for Rent in the Central City Neighborhood of New Orleans, LA from $500 (88 Rentals)

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

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.

property at 1016 Canal St

1016 Canal St

New OrleansLA70112

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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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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Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Central City, New Orleans, LA Local Guide

Cheapest Available Central City Apartments for Rent

 

The cheapest available apartment rental in the Central City area of New Orleans, LA is a 3 Beds unit found at Marquis priced from $833. 200 Carondelet has the second lowest priced unit, which is a Studio apartment currently listed from $873. Here are the most affordable Central City apartments for rent in New Orleans, LA:

Apartment ListingModel NameBed/BathPriced From
MarquisC13BR,2BA$833
200 CarondeletStudio-csh-tc60Studio,1BA$873
Marrero Commons Apartments1 Bedroom Tax Credit***1BR,1BA$932
Harmony Oaks Apartments1 Bedroom Tax Credit***1BR,1BA$933
4007 Prytania StStudioStudio,1BA$1,025
The GeorgianStudioStudio,1BA$1,078
The SauletMarigny1BR,1BA$1,165

Best Value Apartments for Rent in Central City, LA

As of December 06, 2025 the best value apartment in the Central City area is the $0.66 price per square foot 1127 S Dupre St Model at 1127 S Dupre St, Unit Student Apartment in the in the Dixon neighborhood starting from $995. The second greatest value Central City apartment is the 2439 Second St Model at 2439 Second St, Unit Don or Sharon starting at $1,550 with a $1.11 price per square foot in the West Riverside neighborhood. Here is today’s list of the best values for Central City apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1127 S Dupre St, Unit Student Apartment1127 S Dupre St1BR,1BA$0.66
2439 Second St, Unit Don or Sharon2439 Second St3BR,1BA$1.11
Hibernia Tower Apartments2 Bedroom2BR,2BA$1.51
1014 Washington Avenue, Unit 1014 Washington Avenue1014 Washington Avenue2BR,2BA$1.40
1101 Marengo St, Unit Apt C1101 Marengo St3BR,1BA$1.41
The Pythian Apartments1 Bedroom1BR,1BA$1.17
2115 Marengo St, Unit C2115 Marengo St1BR,1BA$1.20
4422 Walmsley Ave4422 Walmsley Ave2BR,1BA$1.36
Bienville Basin Apartments1 Bedroom Apartment1BR,1BA$1.14
4122 S Johnson St, Unit 4122 s Johnson4122 S Johnson St2BR,1BA$1.43

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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

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Quick 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.

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Pet Friendly Lifestyle
Central City, New Orleans, LA

Ranked #9

Among cities in Louisiana for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving.com compares millions of points of data to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals in cities across the United States including Central City, New Orleans, and the greater New Orleans area. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. 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, places to raise kids, proximity to transit, and more. These search options are in the site filters at the top of this page.

Getting Around the Central City Neighborhood in New Orleans, LA

Walk Score®

88 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

82 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

58 / 100

Good Transit

Many nearby public transportation options

Frequently Asked Questions about Cheap Central City Apartments

What is a cheap apartment in Central City?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Central City is under $1,165.

What is the price of a cheap apartment in Central City?

The cheapest apartment in Central City is Marrero Commons Apartments which is listed at $932, while the average apartment in Central City costs $13,986.

What types of apartments are the cheapest in Central City?

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 111 regular apartments in Central City 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 Central City?

Cheap apartments in Central City have an average cost of $680 which is $13,306 cheaper than the average rent for all rentals in Central City.

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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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!