Cheap Apartments for Rent in the Downtown New Orleans Neighborhood of New Orleans, LA from $300 (177 Rentals)

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

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property at 1620 Pauger St

1620 Pauger St

New OrleansLA70116
Showing Results 1-50, Page 1 of 4

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 4 Beds unit found at Harmony Oaks Apartments priced from $291. Whispering Palms has the second lowest priced unit, which is a Studio apartment currently listed from $699. Here are the most affordable Downtown New Orleans apartments for rent in New Orleans, LA:

Apartment ListingModel NameBed/BathPriced From
Harmony Oaks Apartments4 Bedroom Townhouse Tax Credit***4BR,2BA$291
Whispering PalmsStudioStudio,1BA$699
MarquisB32BR,2BA$717
Lake VillaStudioStudio,1BA$839
Forest Park Apartments1 bedroom1BR,1BA$932
6564 Fleur De Lis DrOne Bedroom1BR,1BA$1,000
Esplanade at City ParkNAPOLEONStudio,1BA$1,055

Best Value Apartments for Rent in Downtown New Orleans, LA

As of June 09, 2025 the best value apartment in the Downtown New Orleans area is the $1.03 price per square foot 320 S Dupre St Model at 320 S Dupre St, Unit 320 in the in the Mid-City neighborhood starting from $1,595. The second greatest value Downtown New Orleans apartment is the Luxury 3 Bedrooms, 2 Baths Model at Wilshire Heights starting at $1,865 with a $1.22 price per square foot in the Lake Terrace 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.
320 S Dupre St, Unit 320320 S Dupre St3BR,1BA$1.03
Wilshire HeightsLuxury 3 Bedrooms, 2 Baths3BR,2BA$1.22
2323 Leonidas St, Unit Beautiful Shared Living2323 Leonidas StStudio ,1BA$0.77
Village at Federal City - MilitaryHousingActive Military/Civilian(UPSTAIRS)2BR,1BA$1.30
2017 Lowerline St, Unit 202172017 Lowerline St2BR,1BA$1.41
1834 Dante St, Unit 18341834 Dante St2BR,1BA$1.21
1300 Treme St, Unit A1300 Treme St2BR,1BA$1.36
Bienville Basin Apartments1 Bedroom Apartment1BR,1BA$1.28
2003 Franklin Avenue, Unit B2003 Franklin Avenue2BR,1BA$1.21
Elysian Courtyards Of GentillyMagnolia2BR,2BA$1.41

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Downtown New Orleans, New Orleans, LA

Ranked #14

Among neighborhoods in New Orleans, LA for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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 $1,055.

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

The cheapest apartment in Downtown New Orleans is Whispering Palms which is listed at $895, while the average apartment in Downtown New Orleans costs $20,370.

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 192 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 $418 which is $19,952 cheaper than the average rent for all rentals in Downtown New Orleans.

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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