Cheap Homes for Rent in Downtown New Orleans Neighborhood of New Orleans, LA from $600 (82 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

property at 1809 N Dupre St

1809 N Dupre St

New OrleansLA70119
property at 7522 Benjamin St

7522 Benjamin St

New OrleansLA70118

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.

Read Article
property at 8812 Oleander St

8812 Oleander St

New OrleansLA70118

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.

Read Article
property at 2823 Maurepas St

2823 Maurepas St

New OrleansLA70119

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.

Read Article
property at 921 N Miro St

921 N Miro St

New OrleansLA70119
property at 2500 Monroe St

2500 Monroe St

New OrleansLA70118
property at 6220 Mc Kenna St

6220 Mc Kenna St

New OrleansLA70125

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

Read Article
property at 844 Roosevelt Pl

844 Roosevelt Pl

New OrleansLA70119
property at 8327 Oleander St

8327 Oleander St

New OrleansLA70118
Showing Results 1-50, Page 1 of 2

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. Marquis has the second lowest priced unit, which is a 2 Beds apartment currently listed from $717. 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
MarquisB32BR,2BA$717
Lake VillaStudioStudio,1BA$839
Whispering PalmsStudioStudio,1BA$850
Forest Park Apartments1 bedroom1BR,1BA$932
6564 Fleur De Lis DrOne Bedroom1BR,1BA$1,000

Best Value Apartments for Rent in Downtown New Orleans, LA

As of June 01, 2025 the best value apartment in the Downtown New Orleans area is the $1.22 price per square foot Luxury 3 Bedrooms, 2 Baths Model at Wilshire Heights in the in the Lake Terrace neighborhood starting from $1,865. The second greatest value Downtown New Orleans apartment is the 2203 Louisiana Ave Model at 2203 Louisiana Ave, Unit 2203 starting at $1,750 with a $1.17 price per square foot in the West Riverside 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.
Wilshire HeightsLuxury 3 Bedrooms, 2 Baths3BR,2BA$1.22
2203 Louisiana Ave, Unit 22032203 Louisiana Ave3BR,1BA$1.17
2323 Leonidas St, Unit Beautiful Shared Living2323 Leonidas StStudio ,1BA$0.77
324 Olivier St, Unit 324324 Olivier St3BR,1BA$1.25
Village at Federal City - MilitaryHousingActive Military/Civilian(UPSTAIRS)2BR,1BA$1.30
1300 Treme St, Unit A1300 Treme St2BR,1BA$1.36
2017 Lowerline St, Unit 202172017 Lowerline St2BR,1BA$1.41
1834 Dante St, Unit 18341834 Dante St2BR,1BA$1.21
Bienville Basin Apartments1 Bedroom Apartment1BR,1BA$1.28
2003 Franklin Avenue, Unit B2003 Franklin Avenue2BR,1BA$1.21

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

Frequently Asked Questions about Downtown New Orleans

What type of rentals are currently available in Downtown New Orleans?

There are currently 1530 Apartments for Rent in Downtown New Orleans, LA with pricing that ranges from $291 to $14,400. There are also 289 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown New Orleans ranging from $600 to $8,000.

What is the current price range for Rental Homes in Downtown New Orleans?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown New Orleans ranges from $600 to $8,000 with an average monthly rent of $2,944.

How much are larger Three and Four Bedroom Rentals in Downtown New Orleans?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown New Orleans range from $900 to $6,304, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,225 to $7,900. Four Bedroom Single-Family rentals are also available starting from $1,800 and Four Bedroom Apartments start at $291.

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.

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 The Art of the Rental Viewing: What to look for during a property tour article

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.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

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.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.