Cheap Homes for Rent in Downtown New Orleans Neighborhood of New Orleans, LA from $400 (74 Rentals)

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

property at 8810 Oleander St

8810 Oleander St

New OrleansLA70118
property at 8812 Oleander St

8812 Oleander St

New OrleansLA70118
property at 844 Roosevelt Pl

844 Roosevelt Pl

New OrleansLA70119
property at 1431 France St

1431 France St

New OrleansLA70117
property at 1429 France St

1429 France St

New OrleansLA70117
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 1 Bed unit found at Lumina priced from $441. 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
LuminaPerseus1BR,1BA$441
Whispering PalmsStudioStudio,1BA$699
MarquisB32BR,2BA$717
Lake VillaStudioStudio,1BA$788
Gates of Oakwood1x1.51BR,1BA$875
Harmony Oaks Apartments1 Bedroom Tax Credit***1BR,1BA$932
Forest Park Apartments1 bedroom1BR,1BA$932
Gravier Place Apartments1 Bedroom Apartment1BR,1BA$983
Esplanade at City ParkNAPOLEONStudio,1BA$1,050

Best Value Apartments for Rent in Downtown New Orleans, LA

As of July 25, 2025 the best value apartment in the Downtown New Orleans area is the $0.96 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 $1,495. The second greatest value Downtown New Orleans apartment is the 3 Bedrooms, 2 Baths Model at Wilshire Heights starting at $1,794 with a $1.18 price per square foot in the Navarre 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$0.96
Wilshire Heights3 Bedrooms, 2 Baths3BR,2BA$1.18
925 CommonThe Barrone2BR,2.5BA$1.12
2035 Amelia St, Unit 20352035 Amelia St3BR,2BA$1.23
209 Pine St, Unit 10209 Pine St2BR,1.5BA$1.21
Village at Federal City - MilitaryHousingActive Military/Civilian(UPSTAIRS)2BR,1BA$1.30
2312 Napoleon Ave, Unit Two bedrooms 1st floor2312 Napoleon Ave2BR,1BA$1.30
Metairie Plaza Apartments2 Beds, 2 baths2BR,2BA$1.16
Bienville Basin Apartments1 Bedroom Apartment1BR,1BA$1.22
Gates of Oakwood1x11BR,1BA$1.27

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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 1519 Apartments for Rent in Downtown New Orleans, LA with pricing that ranges from $441 to $24,170. There are also 457 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown New Orleans ranging from $400 to $7,000.

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 $400 to $7,000 with an average monthly rent of $2,882.

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 $8,750, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,050 to $4,256. Four Bedroom Single-Family rentals are also available starting from $1,650 and Four Bedroom Apartments start at $1,370.

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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.