
Cheap Apartments for Rent in the Downtown New Orleans Neighborhood of New Orleans, LA from $309 (217 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown New Orleans area of New Orleans.


Total Monthly Price
Celeste Landing

St. Peter

Total Monthly Price
Marquis

Skyview Terrace

1900 Esplanade Ave

1712 N Robertson St

2536 Conti St

Total Monthly Price
2750 Orchid St, Unit 2750 C

King Rampart Senior Living (Ages 55+ ONLY)
Mardi Gras on the Weekends: The Best Neighborhoods to Rent Near New Orleans' Top Employers
'Laissez les bons temps rouler' and get to work! Explore New Orleans' major industries, best places to live, and iconic culture spots in The Big Easy.

Elysian Courtyards Of Gentilly

Whispering Palms

Total Monthly Price
3026 Short St, Unit C

4836 Banks St

Total Monthly Price
2424 Lapeyrouse St, Unit A

Chateau Lake Terrace

2519 Washington Ave, Unit Apt. C

Total Monthly Price
Forest Park Apartments

Belle Reve at H3C -Senior 55+

1300 OCH at H3C Apartments
Rent According to Income: A Look at Income-Restricted Rentals
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1520 Lesseps St

Total Monthly Price
2719 S Liberty St, Unit 2719 S Liberty St

Total Monthly Price
5765 Cameron Blvd, Unit 5765 Cameron Blvd.Apt B

126 S Hennessey St

6564 Fleur De Lis Dr

739-741 Leontine St

Marais Street Apartments

Total Monthly Price
8128 Pritchard Pl, Unit B

2015 Coliseum St

1507 Gentilly Blvd
From Campus to Cajun Cuisine: Finding Your Perfect Student Apartment in New Orleans
Moving to New Orleans for college? Find your off-campus rental near Tulane, Loyola, Dillard, and more. This guide covers nearby neighborhoods, culture, and starting your student life in the Big Easy.

River Garden on Felicity

2704-2706 N Dorgenois St

1933 Washington Ave, Unit 201A

4337-4339 Banks St

2439 George Nick Connor Dr

9540 Stroelitz St

3201 N Galvez St

4125 Magazine St

4221 Palmyra St

3313 Baronne St
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

3120 N Robertson St, Unit 3120 N. Robertson

1215 Josephine St

2404 A P Tureaud Ave

Total Monthly Price
2525 Annunciation St

1917 Gallier St

2429 Desire St, Unit 2429 Desire Street

4228-4230 Baudin St

Total Monthly Price
Zurqui at Cypress

2525 Annunciation St

Esplanade at City Park
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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.
Downtown New Orleans, New Orleans, LA Local Guide

How much does it cost to rent an apartment in Downtown New Orleans?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown New Orleans Studio Apartments | $1,419 | $716 | $5,802 |
| Downtown New Orleans 1 Bedroom Apartments | $1,717 | $725 | $9,875 |
| Downtown New Orleans 2 Bedroom Apartments | $2,477 | $925 | $10,000+ |
| Downtown New Orleans 3 Bedroom Apartments | $3,678 | $1,213 | $10,000+ |
| Downtown New Orleans 4 Bedroom Apartments | $6,663 | $309 | $10,000+ |
| Downtown New Orleans 5 Bedroom Apartments | $12,289 | $5,295 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 217 rentals with your search options within a 2 mile radius of the Downtown New Orleans Neighborhood of New Orleans, LA.
See all Apartments in New OrleansExplore New Orleans
Downtown New Orleans, New Orleans, LA Local Guide
- Nearby New Orleans neighborhoods
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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 priced from $309. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Harmony Oaks | 4 Bdrm Townhome, 1360 SqFt, Tax Credit, 20% AMI | 4BR, 2BA | $309 |
| Marquis | B2 | 2BR, 2BA | $726 |
| Chase on Lake Avenue | S | Studio, 1BA | $755 |
| Skyview Terrace | Studio | Studio, 1BA | $795 |
| 1900 Esplanade Ave | Studio | Studio, 1BA | $800 |
| Whispering Palms | Studio 1 Bath | Studio, 1BA | $850 |
| 105-117 Raspberry Ln. | 0BR/1.0BA | Studio, 1BA | $850 |
| Gates of Oakwood | 1x1.5TH | 1BR, 1BA | $875 |
Best Value Apartments for Rent in Downtown New Orleans, LA
As of September 27, 2026 the best value apartment in the Downtown New Orleans area is the $0.71 price per square foot 3316 Touro St Model at 3316 Touro St, Unit 3316 touro in the City Park neighborhood starting from $1,200. The second greatest value Downtown New Orleans apartment is the 3 Bedrooms, 2 Baths Model at Wilshire Heights in the Metairie neighborhood starting at $1,659 with a $1.09 price per square foot. Here is today’s list of the best values for Downtown New Orleans apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 3316 Touro St, Unit 3316 touro | 3316 Touro St | 2BR, 1BA | $0.71 |
| Wilshire Heights | 3 Bedrooms, 2 Baths | 3BR, 2BA | $1.09 |
| 1124 N Johnson St, Unit 1124 | 1124 N Johnson St | 2BR, 2BA | $1.10 |
| 6237 Catina St, Unit 6237 Catina St. | 6237 Catina St | 3BR, 2BA | $1.17 |
| 4237 General Pershing St, Unit 4237 | 4237 General Pershing St | 2BR, 1BA | $1.22 |
| fsa0145 | 2BR/1.5BA | 2BR, 1.5BA | $1.18 |
| Bienville Basin Apartments | 1 Bedroom Apartment | 1BR, 1BA | $1.14 |
| 1028 Cherokee St, Unit Tulane Shotgun Double | 1028 Cherokee St | 2BR, 1BA | $1.19 |
| 1161 Lake Ave, Unit 119c | 1161 Lake Ave | Studio, 1BA | $1.11 |
| 3026 Short St, Unit C | 3026 Short St | 1BR, 1BA | $1.21 |
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 ArticleNavigating 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.
Read ArticleReal 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.
Read ArticleQuick 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.
Pet Friendly LifestyleDowntown New Orleans, New Orleans, LA
Ranked #1
Among cities in Louisiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
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 $875.
What is the price of a cheap apartment in Downtown New Orleans?
The cheapest apartment in Downtown New Orleans is Skyview Terrace which is listed at $850, while the average apartment in Downtown New Orleans costs $1,725.
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 64 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 $302 which is $1,423 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.
Helpful Local Expert Guides

Welcome to the Big Easy: A Local Insider's Guide to New Orleans
Written by: Melissa Maxwell
For many people, the closest they come to New Orleans is watching The Princess and the Frog or that episode of The Simpsons where Marge stars in a musical based on A Streetcar Named Desire.

Mardi Gras on the Weekends: The Best Neighborhoods to Rent Near New Orleans' Top Employers
Written by: Melissa Maxwell
I'm Melissa, your ApartmentHomeLiving.com Local Expert for New Orleans and I'm here to tell you about the best places to live and work in The Big Easy. Not every day is Mardi Gras! We work too.

From Campus to Cajun Cuisine: Finding Your Perfect Student Apartment in New Orleans
Written by: Melissa Maxwell
Congratulations on getting into college! The next four years are going to be pretty exciting. If you got into a college in The Big Easy, just remember that it isn't always Mardi Gras.

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.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
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Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.