Cheap Homes for Rent in Downtown New Orleans Neighborhood of New Orleans, LA from $700 (187 Rentals)

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Search the lowest-cost Homes 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.

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property at 1109 Teche St

1109 Teche St

New OrleansLA70114
property at 813 Burdette St

813 Burdette St

New OrleansLA70118

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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property at 9022 Palm St

9022 Palm St

New OrleansLA70118

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.

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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.

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property at 844 Roosevelt Pl

844 Roosevelt Pl

New OrleansLA70119
property at 844 Roosevelt Pl

844 Roosevelt Pl

New OrleansLA70119

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.

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property at 1021 Nunez St

1021 Nunez St

New OrleansLA70114
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 Studio unit found at Lumina priced from $456. 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
LuminaPerseus (Income Restricted)Studio,1BA$456
Whispering PalmsStudioStudio,1BA$699
MarquisB32BR,2BA$717
Gates of Oakwood1x1.51BR,1BA$860
Harmony Oaks Apartments1 Bedroom Tax Credit***1BR,1BA$933
6564 Fleur De Lis Dr1 Bed / 1 Bath1BR,1BA$1,000
4223 S Carrollton Ave1 Bed / 1 Bath1BR,1BA$1,000
Forest Park Apartments2 bedroom2BR,1BA$1,009
The Pythian Apartments1 Bedroom1BR,1BA$1,068
Marrero Commons Apartments2 Bedroom Townhome Tax Credit***2BR,1BA$1,086

Best Value Apartments for Rent in Downtown New Orleans, LA

As of September 15, 2025 the best value apartment in the Downtown New Orleans area is the $1.24 price per square foot 3316 Upperline St Model at 3316 Upperline St, Unit 201 in the in the Dixon neighborhood starting from $2,599. The second greatest value Downtown New Orleans apartment is the 2625 A P Tureaud Ave Model at 2625 A P Tureaud Ave, Unit 2625 AP Tureaud Ave starting at $1,800 with a $0.90 price per square foot in the City Park 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.
3316 Upperline St, Unit 2013316 Upperline St4BR,3BA$1.24
2625 A P Tureaud Ave, Unit 2625 AP Tureaud Ave2625 A P Tureaud Ave3BR,2BA$0.90
3113 Louisiana Avenue Pky, Unit 31153113 Louisiana Avenue Pky3BR,2BA$1.24
Wilshire Heights3 Bedrooms, 2 Baths3BR,2BA$1.18
3029 Banks St3029 Banks St3BR,1BA$1.09
2323 Leonidas St, Unit Beautiful Shared Living2323 Leonidas St1BR,1BA$0.81
209 Pine St, Unit 4209 Pine St2BR,1.5BA$1.21
Metairie Plaza Apartments2 Beds, 2 baths2BR,2BA$1.16
2325 Columbus St2325 Columbus St2BR,1BA$1.05
2323 Columbus St, Unit 2323 Coulumbus St2323 Columbus St2BR,1BA$1.07

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
Downtown New Orleans, New Orleans, LA

Ranked #4

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Downtown New Orleans

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

There are currently 1556 Apartments for Rent in Downtown New Orleans, LA with pricing that ranges from $716 to $24,962. There are also 546 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown New Orleans ranging from $750 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 $750 to $8,000 with an average monthly rent of $2,542.

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 $1,155 to $11,885, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,050 to $5,000. Four Bedroom Single-Family rentals are also available starting from $1,900 and Four Bedroom Apartments start at $1,200.

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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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

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

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.