Cheap Apartments for Rent in the Downtown New Orleans Neighborhood of New Orleans, LA from $400 (161 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in the Downtown New Orleans 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.

close
View Me
2617 S Galvez St, Unit A
$875
Total Monthly Price

Total Monthly Price

Base Rent
$875

Total Monthly Price
$875
2 Bedroom Apartment Available Now

2617 S Galvez St, Unit A

2617 S Galvez StNew Orleans, LA 70125
Cost Per Sq.Ft.
  • Smoke Free

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.

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.

close
View Me
4223 S Carrollton Ave
$1,000 - $1,200
Total Monthly Price

Total Monthly Price

Base Rent
$1,000 - $1,200

Total Monthly Price
$1,000 - $1,200
1 Bedroom Apartments Available Now

4223 S Carrollton Ave

4223 S Carrollton AveNew Orleans, LA 70119
Student Housing
  • Verified
  • Utilities Included
  • Smoke Free
close
View Me
The Jackson
Rent Specials
$1,011 - $3,800
Total Monthly Price

Total Monthly Price

Base Rent
$1,011 - $3,800

Total Monthly Price
$1,011 - $3,800
Studio to 2 Bedroom Apartments Available Now

The Jackson

625 Jackson AveNew Orleans, LA 70130
Student Housing
  • Verified
  • Customer Reviewed
  • Utilities Included
close
View Me
The Residences at LSU Health
$1,025 - $2,490
Total Monthly Price

Total Monthly Price

Base Rent
$1,025 - $2,490

Total Monthly Price
$1,025 - $2,490
Studio to 3 Bedroom Apartments Available Now

The Residences at LSU Health

615 S Johnson StNew Orleans, LA 70112
Student Housing
  • Verified
  • Utilities Included
  • 3D Tour

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.

close
View Me
Centennial Place Apartments
Rent Specials
$1,098 - $1,515
Total Monthly Price

Total Monthly Price

Base Rent
$1,098 - $1,515

Total Monthly Price
$1,098 - $1,515
1 to 2 Bedroom Apartments Available Now

Centennial Place Apartments

1770 Tchoupitoulas StNew Orleans, LA 70130
Affordability
  • Verified
  • Utilities Included
  • 3D Tour
property at 824 Royal St

$1,100 - $3,500

Studio To 2 Bedroom Rentals

Available Now

824 Royal St

New OrleansLA70116

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.

Downtown New Orleans, New Orleans, LA Local Guide

Cheapest Available Downtown New Orleans Apartments for Rent

 

The cheapest available apartment rental in the Downtown New Orleans area of New Orleans, LA is a 1 Bed unit found at 200 Carondelet priced from $427. Marquis has the second lowest priced unit, which is a 2 Beds apartment currently listed from $726. Here are the most affordable Downtown New Orleans apartments for rent in New Orleans, LA:

Apartment ListingModel NameBed/BathPriced From
200 Carondelet1x1-c1g-tc301BR,1BA$427
MarquisB32BR,2BA$726
Lake VillaStudioStudio,1BA$767
Gates of Oakwood1x1.5 TH1BR,1BA$799
1900 Esplanade AveStudioStudio,1BA$800
Elysian Courtyards Of GentillyIris1BR,1BA$847
Whispering PalmsStudio 1 BathStudio,1BA$850

Best Value Apartments for Rent in Downtown New Orleans, LA

As of February 13, 2026 the best value apartment in the Downtown New Orleans area is the $0.73 price per square foot 614 Fourth St Model at 614 Fourth St, Unit 614 in the in the Irish Channel neighborhood starting from $1,450. The second greatest value Downtown New Orleans apartment is the 2 Bedroom 2 Bath Model at The Pythian Apartments starting at $2,062 with a $1.21 price per square foot in the Vieux Carre neighborhood. Here is today’s list of the best values for Downtown New Orleans apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
614 Fourth St, Unit 614614 Fourth St3BR,1BA$0.73
The Pythian Apartments2 Bedroom 2 Bath2BR,2BA$1.21
Wilshire Heights3 Bedrooms, 2 Baths3BR,2BA$1.09
2439 Second St, Unit Don or Sharon2439 Second St3BR,1BA$1.07
2617 S Galvez St, Unit A2617 S Galvez St2BR,1BA$0.67
2115 Marengo St, Unit C2115 Marengo St1BR,1BA$1.20
Bienville Basin Apartments1 Bedroom Apartment1BR,1BA$1.14
2363 N Robertson St, Unit 23632363 N Robertson St2BR,1BA$0.94
1502 Piety St, Unit 15021502 Piety St2BR,1BA$0.94
Elysian Courtyards Of GentillyIris1BR,1BA$1.18

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 Article
Decorative image

The 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 Article
Decorative image

Cash 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 Article
Decorative image

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Downtown New Orleans, New Orleans, LA

Ranked #1

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

Lifestyle Ratings

Our team of engineers and researchers is happy to bring you Lifestyle Ratings of neighborhoods, metropolitan areas, and rental properties across Louisiana including Downtown New Orleans, 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 outdoor access, luxury amenities, transit availability, pet-friendly communities, family-friendliness, and other valuable search options. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Downtown New Orleans Apartments

What is a cheap apartment in Downtown New Orleans?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown New Orleans is under $850.

What is the price of a cheap apartment in Downtown New Orleans?

The cheapest apartment in Downtown New Orleans is 200 Carondelet which is listed at $427, while the average apartment in Downtown New Orleans costs $12,033.

What types of apartments are the cheapest in Downtown New Orleans?

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 122 regular apartments in Downtown New Orleans 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 Downtown New Orleans?

Cheap apartments in Downtown New Orleans have an average cost of $427 which is $11,606 cheaper than the average rent for all rentals in Downtown New Orleans.

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

decorative image for A Local Expert’s Top Budget-Friendly Neighborhoods to Rent in New Orleans article

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.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

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.