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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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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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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

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property at 8810 Oleander St

8810 Oleander St

New OrleansLA70118
property at 8812 Oleander St

8812 Oleander St

New OrleansLA70118

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

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New Orleans, LA Local Guide

Cheapest Neighborhoods for Apartments in New Orleans, LA

Pricing Updated: 07/25/2025

Current apartment rentals in the New Orleans, LA area range in price from $685 to $22,930 with an overall median price of $8,335. The three New Orleans neighborhoods with the lowest median rent pricing are English Turn at $1,150, Village De LEst at $735, and Edgelake at $700. 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$1,150$1,1501
Village De LEst$1,250$7353
Edgelake$1,320$700214
Sherwood Forest$1,320$700217
Lake Forest East$1,441$68519
Little Woods$1,441$685233
Pines Village$1,441$68523
Plum Orchard$1,441$68530
Read Boulevard East$1,441$700218
Read Boulevard West$1,441$685236

Cheapest Available New Orleans Apartments for Rent

 

The cheapest available apartment rental in New Orleans, LA is a 1 Bed unit found at Laguna Creek in the Lake Forest East neighborhood priced from $685. Whispering Palms in the Old Aurora neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $699. Here is today’s list of the most affordable New Orleans apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Laguna Creek1 Bedroom1BR,1BA$685
Whispering PalmsStudioStudio,1BA$699
MarquisB32BR,2BA$717
Chateau d'Orleans1BR/1BA1BR,1BA$735
Laguna Reserve1 Bedroom1BR,1BA$754
Patio VillaStudioStudio,1BA$769
Lake VillaStudioStudio,1BA$788
PeppertreeStudioStudio,1BA$795
Forest Isle'B' - Very Nice 1 Br/1Bath Layout1BR,1BA$800
AlmondtreeStudioStudio,1BA$805

Best Value Apartments for Rent in New Orleans, LA

As of July 25, 2025 the best value apartment in the New Orleans area is the $0.80 price per square foot 8226 Cohn St Model at 8226 Cohn St in the in the West Carrollton neighborhood starting from $1,600. The second greatest value New Orleans apartment is the 320 S Dupre St Model at 320 S Dupre St, Unit 320 starting at $1,495 with a $0.96 price per square foot in the Mid-City 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.
8226 Cohn St8226 Cohn St3BR,2BA$0.80
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
Whitney Manor3 Beds | 2 Baths3BR,2BA$1.14
1036 Eli Ct1036 Eli Ct2BR,1.5BA$1.00
Courtland Park2 Bedroom2BR,1BA$1.12
2110 Willow St, Unit B2110 Willow St2BR,1BA$1.18
Laguna Reserve1 Bedroom1BR,1BA$1.01
Laguna Creek1 Bedroom1BR,1BA$1.11

Quick Rent Budget Calculator

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Frequently Asked Questions about New Orleans

What type of rentals are currently available in New Orleans?

There are currently 2676 Apartments for Rent in New Orleans, LA with pricing that ranges from $441 to $24,170. There are also 583 Single Family Homes for rent, Condos, and Townhome rentals currently available in New Orleans ranging from $400 to $7,200.

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 $400 to $7,200 with an average monthly rent of $2,719.

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 $1,035 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 $1,500 and Four Bedroom Apartments start at $1,250.

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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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.

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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.

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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.