Cheap Apartments for Rent in the Florida Area New Orleans, LA from $400 (53 Rentals)

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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

property at 2523 Law St

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100

Total Monthly Price
$1,100

2 Bedroom, 1 Bath Townhome for Rent

Available Now

2523 Law St

New OrleansLA70117
property at 824 Royal St

$1,100 - $3,300

Studio To 2 Bedroom Rentals

Available Now

824 Royal St

New OrleansLA70116

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.

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.

property at 2537 Jasmine St

$1,350

Total Monthly Price

Total Monthly Price

Base Rent
$1,350

Total Monthly Price
$1,350

2 Bedroom, 1 Bath Home for Rent

Available Now

2537 Jasmine St

New OrleansLA70122

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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722-724 Louisa St
1 to 2 Bedroom Apartments

722-724 Louisa St

722-724 Louisa StNew Orleans, LA 70117
  • Utilities Included
property at 807 Bourbon St

$1,000 - $1,100

1 Bedroom Rentals

Available Now

807 Bourbon St

New OrleansLA70116
property at 708 Orleans St

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100

Total Monthly Price
$1,100

Studio, 1 Bath Home for Rent

Available Now

708 Orleans St

New OrleansLA70116
property at 1703 Clouet St

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

2 Bedroom, 1 Bath Home for Rent

Available Now

1703 Clouet St

New OrleansLA70117
property at 2416 N Villere St

$1,250

Total Monthly Price

Total Monthly Price

Base Rent
$1,250

Total Monthly Price
$1,250

2 Bedroom, 1 Bath Home for Rent

Available Now

2416 N Villere St

New OrleansLA70117

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.

Florida Area, New Orleans, LA Local Guide

Cheapest Available Florida Area Apartments for Rent

 

The cheapest available apartment rental in the Florida Area area of New Orleans, LA is a 1 Bed unit found at 200 Carondelet priced from $427. Arts Senior Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $788. Here are the most affordable Florida Area apartments for rent in New Orleans, LA:

Apartment ListingModel NameBed/BathPriced From
200 Carondelet1x1-c1g-tc301BR,1BA$427
Arts Senior Apartments1a1t1BR,1BA$788
Elysian ApartmentsStudio1BR,1BA$975
Marais Street ApartmentsOne Bedroom1BR,1BA$1,025
Aloysius Apartments1 Bedroom1BR,1BA$1,395
DH Holmes Apartments1 Bedroom1BR,1BA$1,454
National Rice Mill Lofts1051BR,1BA$1,595

Best Value Apartments for Rent in Florida Area, LA

As of April 26, 2026 the best value apartment in the Florida Area area is the $1.78 price per square foot Three Bedroom Luxury Apartment Model at The Annex Luxury Apartments in the in the Vieux Carre neighborhood starting from $3,800. The second greatest value Florida Area apartment is the 213 Model at National Rice Mill Lofts starting at $3,350 with a $1.92 price per square foot in the Vieux Carre neighborhood. Here is today’s list of the best values for Florida Area apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Annex Luxury ApartmentsThree Bedroom Luxury Apartment3BR,3BA$1.78
National Rice Mill Lofts2132BR,2BA$1.92
323 Morgan St2 Beds, 2 Baths2BR,2BA$1.84
3314 Touro St, Unit 3314 touro3314 Touro St2BR,1BA$0.71
3000 Saint Roch Ave3000 Saint Roch Ave3BR,2BA$1.30
2680 Myrtle St2680 Myrtle St3BR,3BA$1.44
1225 Clouet St1225 Clouet St2BR,2BA$1.78
2483 Verbena St, Unit 24832483 Verbena St2BR,1BA$1.59
2268 Pleasure St, Unit 22682268 Pleasure St2BR,1BA$1.93
Arts Senior Apartments1a1t1BR,1BA$1.21

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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.

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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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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
Florida Area, New Orleans, LA

Ranked #28

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 Cheap Florida Area Apartments

What is a cheap apartment in Florida Area?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Florida Area is under $1,595.

What is the price of a cheap apartment in Florida Area?

The cheapest apartment in Florida Area is 200 Carondelet which is listed at $427, while the average apartment in Florida Area costs $4,718.

What types of apartments are the cheapest in Florida Area?

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 6 regular apartments in Florida Area 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 Florida Area?

Cheap apartments in Florida Area have an average cost of $677 which is $4,041 cheaper than the average rent for all rentals in Florida Area.

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.

Articles, How-To's, and Tips

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 Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.