Cheap Homes for Rent in New Orleans, LA from $600 (161 Rentals)

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

property at 8009 Downman Rd

$750

Total Monthly Price

Total Monthly Price

Base Rent
$750

Total Monthly Price
$750

1 Bedroom, 1 Bath Home for Rent

Available Now

8009 Downman Rd

New OrleansLA70126
property at 8009 Downman Rd

$750

Total Monthly Price

Total Monthly Price

Base Rent
$750

Total Monthly Price
$750

1 Bedroom, 1 Bath Home for Rent

Available Now

8009 Downman Rd

New OrleansLA70126

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 213 Rosebud St

$900

Total Monthly Price

Total Monthly Price

Base Rent
$900

Total Monthly Price
$900

1 Bedroom, 1 Bath Home for Rent

Available Now

213 Rosebud St, Unit I, Unit I

213 Rosebud St
MetairieLA70005

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.

property at 213 Rosebud St

$950

Total Monthly Price

Total Monthly Price

Base Rent
$950

Total Monthly Price
$950

1 Bedroom, 1 Bath Condo for Rent

Available Now

213 Rosebud St, Unit F, Unit F

213 Rosebud St
MetairieLA70005
property at 622 Hagan Ave

$975

Total Monthly Price

Total Monthly Price

Base Rent
$975

Total Monthly Price
$975

1 Bedroom, 1 Bath Home for Rent

Available Now

622 Hagan Ave

New OrleansLA70119

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.

property at 616 Garden Road

$1,000

1 Bedroom, 1 Bath Home for Rent

Available Now

616 Garden Road

MarreroLA70072
property at 2523 Law St

$1,000

Total Monthly Price

Total Monthly Price

Base Rent
$1,000

Total Monthly Price
$1,000

2 Bedroom, 1 Bath Townhome for Rent

Available Now

2523 Law St

New OrleansLA70117
property at 2517 Allen Toussaint Blvd

$1,000

Total Monthly Price

Total Monthly Price

Base Rent
$1,000

Total Monthly Price
$1,000

2 Bedroom, 1 Bath Home for Rent

Available May 13

2517 Allen Toussaint Blvd

New OrleansLA70122
property at 437 Robinson Ave

$1,050

Total Monthly Price

Total Monthly Price

Base Rent
$1,050

Total Monthly Price
$1,050

2 Bedroom, 1 Bath Home for Rent

Available May 15

437 Robinson Ave

MarreroLA70072

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 807 Bourbon St

$1,000 - $1,100

1 Bedroom Rentals

Available May 8

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

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.

New Orleans, LA Local Guide

Cheapest Neighborhoods for Apartments in New Orleans, LA

Pricing Updated: 05/07/2026

Current apartment rentals in the New Orleans, LA area range in price from $246 to $15,258 with an overall median price of $4,415. The three New Orleans neighborhoods with the lowest median rent pricing are English Turn at $1,050, Sherwood Forest at $700, and Village De LEst at $800. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for New Orleans Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
English Turn$1,250$1,0503
Sherwood Forest$1,275$700196
Village De LEst$1,275$8005
Edgelake$1,335$700193
Lake Forest East$1,441$74022
Little Woods$1,441$660215
Pines$1,441$66035
Pines Village$1,441$66023
Plum Orchard$1,441$66026
Read Boulevard East$1,441$700199

Cheapest Available New Orleans Apartments for Rent

 

The cheapest available apartment rental in New Orleans, LA is a 4 Beds unit found at Harmony Oaks in the West Riverside neighborhood priced from $335. 200 Carondelet in the Vieux Carre neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $427. Here is today’s list of the most affordable New Orleans apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Harmony Oaks4 Bdrm Townhome, 1360 SqFt, Tax Credit, Public ...4BR,2BA$335
200 Carondelet1x1-c1g-tc301BR,1BA$427
Parc FontaineBienville1BR,1BA$710
Laguna Creek1 Bedroom1BR,1BA$740
PeppertreeStudioStudio,1BA$745
Patio VillaStudioStudio,1BA$746
Chateau NapoleonClassic StudioStudio,1BA$754
Westchase ApartmentsStudio BStudio,1BA$781
Carmel BrookBasin1BR,1BA$785

Best Value Apartments for Rent in New Orleans, LA

As of May 07, 2026 the best value apartment in the New Orleans area is the $1.08 price per square foot 700 Florida Blvd Model at 700 Florida Blvd, Unit 700 Florida Blvd. in the in the City Park neighborhood starting from $2,000. The second greatest value New Orleans apartment is the 3314 Touro St Model at 3314 Touro St, Unit 3314 touro starting at $1,200 with a $0.71 price per square foot in the City Park neighborhood. Here is today’s list of the best values for New Orleans apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
700 Florida Blvd, Unit 700 Florida Blvd.700 Florida Blvd3BR,2.5BA$1.08
3314 Touro St, Unit 3314 touro3314 Touro St2BR,1BA$0.71
Wilshire Heights3 Bedrooms, 2 Baths3BR,2BA$1.09
1714 N Dorgenois St1714 N Dorgenois St2BR,1BA$0.84
2608 Angelique Dr, Unit B2608 Angelique Dr3BR,1.5BA$1.00
1036 Eli Ct1036 Eli Ct2BR,1.5BA$1.00
Laguna Reserve2 Bedroom2BR,2BA$0.83
176 Rosalie Dr, Unit 148176 Rosalie Dr2BR,1BA$1.05
315 Ash St, Unit 15315 Ash St1BR,1BA$1.03
Parc FontaineBienville1BR,1BA$1.09

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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Real 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 Article
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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about New Orleans

What type of rentals are currently available in New Orleans?

There are currently 2723 Apartments for Rent in New Orleans, LA with pricing that ranges from $246 to $15,000. There are also 588 Single Family Homes for rent, Condos, and Townhome rentals currently available in New Orleans ranging from $600 to $8,900.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in New Orleans ranges from $600 to $8,900 with an average monthly rent of $2,860.

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

For those who are looking for larger living arrangements, Three Bedroom Apartments in New Orleans range from $313 to $12,979, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,200 to $4,800. Four Bedroom Single-Family rentals are also available starting from $1,500 and Four Bedroom Apartments start at $335.

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 A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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.