Cheap Homes for Rent in New Orleans, LA from $595 (160 Rentals)

How Many Bedrooms?Done
Price OptionsDone
Price Range
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

Welcome to the Big Easy: A Local Insider's Guide to New Orleans

Ready to explore the real New Orleans? Our local insider breaks down the best places to eat, drink, shop, learn, and play in one of America's most unique and vibrant cities.

property at 1566 Annunciation St
$950

Total Monthly Price

Base Rent$950

Total Monthly Price$950
1 Bedroom, 1 Bath Home for Rent
Available Now
Affordability

1566 Annunciation St, Unit 4

1566 Annunciation St
New OrleansLA70115
property at 1926 Louisiana Ave
$950

Total Monthly Price

Base Rent$950

Total Monthly Price$950
1 Bedroom, 1 Bath Home for Rent
Available Now
Affordability

1926 Louisiana Ave

New OrleansLA70115
property at 212 David St
$950

Total Monthly Price

Base Rent$950

Total Monthly Price$950
1 Bedroom, 1 Bath Home for Rent
Available Now
Affordability

212 David St

New OrleansLA70119
property at 209 N Bernadotte St
$995

Total Monthly Price

Base Rent$995

Total Monthly Price$995
1 Bedroom, 1 Bath Home for Rent
Available Now
Cost Per Sq.Ft.

209 N Bernadotte St

New OrleansLA70119
  • Smoke Free
property at 124 Lake Ave
$995
2 Bedroom Rentals
Available Now
Affordability

124 Lake Ave

MetairieLA70005
property at 10711 Roger Dr
$1,000

Total Monthly Price

Base Rent$1,000

Total Monthly Price$1,000
2 Bedroom, 2.5 Bath Condo for Rent
Available Now
Cost Per Sq.Ft.

10711 Roger Dr, Unit 10711 Roger Drive

10711 Roger Dr
New OrleansLA70127
property at 3508 Pakenham Dr
$1,000

Total Monthly Price

Base Rent$1,000

Total Monthly Price$1,000
2 Bedroom, 1 Bath Home for Rent
Available Now
Cost Per Sq.Ft.

3508 Pakenham Dr

ChalmetteLA70043
property at 2300 Jena St
$1,000

Total Monthly Price

Base Rent$1,000

Total Monthly Price$1,000
Studio, 1 Bath Home for Rent
Available Now
Affordability

2300 Jena St, Unit B

2300 Jena St
New OrleansLA70115
property at 4232 Ulloa St
$1,000

Total Monthly Price

Base Rent$1,000

Total Monthly Price$1,000
1 Bedroom, 1 Bath Home for Rent
Available Now
Affordability

4232 Ulloa St

New OrleansLA70119

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

property at 7880 Means Ave
$1,025
2 Bedroom Rentals
Available Now
Affordability

7880 Means Ave

New OrleansLA70127
property at 200 Houma Blvd
$1,095

Total Monthly Price

Base Rent$1,095

Total Monthly Price$1,095
1 Bedroom, 1 Bath Home for Rent
Available Now
Cost Per Sq.Ft.

200 Houma Blvd

MetairieLA70001
property at 7830 Means Ave
$1,100

Total Monthly Price

Base Rent$1,100

Total Monthly Price$1,100
2 Bedroom, 2 Bath Home for Rent
Available Now
Affordability

7830 Means Ave, Unit D

7830 Means Ave
New OrleansLA70127

Mardi Gras on the Weekends: The Best Neighborhoods to Rent Near New Orleans' Top Employers

'Laissez les bons temps rouler' and get to work! Explore New Orleans' major industries, best places to live, and iconic culture spots in The Big Easy.

property at 1120 Horace St
$1,100

Total Monthly Price

Base Rent$1,100

Total Monthly Price$1,100
1 Bedroom, 1 Bath Home for Rent
Available Oct 1
Affordability

1120 Horace St

New OrleansLA70114
property at 8810 Oleander St
$1,100

Total Monthly Price

Base Rent$1,100

Total Monthly Price$1,100
2 Bedroom, 1 Bath Home for Rent
Available Now
Furnished

8810 Oleander St

New OrleansLA70118
  • Smoke Free
property at 813 Burdette St
$1,100

Total Monthly Price

Base Rent$1,100

Total Monthly Price$1,100
1 Bedroom, 1 Bath Home for Rent
Available Oct 1
Affordability

813 Burdette St

New OrleansLA70118
  • Smoke Free

From Campus to Cajun Cuisine: Finding Your Perfect Student Apartment in New Orleans

Moving to New Orleans for college? Find your off-campus rental near Tulane, Loyola, Dillard, and more. This guide covers nearby neighborhoods, culture, and starting your student life in the Big Easy.

property at 2522 N Tonti St
$1,100
2 Bedroom Rentals
Available Now
Affordability

2522 N Tonti St

New OrleansLA70117
property at 1826 Moss St
$1,175
1 Bedroom, 1 Bath Home for Rent
Available Now
Affordability

1826 Moss St, Unit B

1826 Moss St
New OrleansLA70119

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

New Orleans, LA Local Guide

Cheapest Neighborhoods for Homes in New Orleans, LA

Pricing Updated: 09/28/2026

Current rental homes in the New Orleans, LA area range in price from $595 to $8,141 with an overall median price of $1,659. The three New Orleans neighborhoods with the lowest median rent pricing are Lake Terrace Oaks at $1,300, Holly Grove at $1,400, and Lakeshore at $1,400. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for New Orleans Homes for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Lake Terrace Oaks$1,300$1,2006
Holly Grove$1,400$5959
Lakeshore$1,400$1,20018
St Roch$1,400$75028
Gentilly Woods$1,425$85036
Uptown New Orleans$1,437$8956
Broad$1,450$1,20016
City Park$1,450$95056
Desire Area$1,450$75062
Dillard$1,450$75057

Best Value Homes for Rent in New Orleans, LA

As of September 28, 2026 the best value rental home in the New Orleans area is the $0.29 price per square foot 5025 Mirabeau Ave Model at 5025 Mirabeau Ave in the Lake Terrace neighborhood starting from $1,800. The second greatest value New Orleans rental home is the 2565 Kismet St Model at 2565 Kismet St in the Outlying Jefferson Parish neighborhood starting at $2,350 with a $0.71 price per square foot. Here is today’s list of the best values for New Orleans homes based on price per square foot:

Home ListingModel NameBed/BathPrice Per Sq.Ft.
5025 Mirabeau Ave5025 Mirabeau Ave2BR, 2BA$0.29
2565 Kismet St2565 Kismet St4BR, 3.5BA$0.71
124 N Galvez St124 N Galvez St2BR, 1.5BA$0.75
4721 Erato St4721 Erato St1BR, 1BA$0.47
7162 Salem Dr7162 Salem Dr3BR, 3BA$0.80
7170 Wayside Dr7170 Wayside Dr3BR, 2BA$0.95
2550 N Galvez St2550 N Galvez St1BR, 1BA$0.40
200 Houma Blvd200 Houma Blvd1BR, 1BA$0.68
10711 Roger Dr, Unit 10711 Roger Drive10711 Roger Dr2BR, 2.5BA$0.95
635 Reynes St635 Reynes St1BR, 1BA$0.95

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.

Read Article
Decorative image

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Read Article

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
Decorative image

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.

decorative image of people with a giant lease agreement

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

Explore New Orleans, LA Rentals by Map

View Map
New Orleans, LA Apartments Map
View Map
New Orleans, LA Rental Homes Map

Frequently Asked Questions about New Orleans

What type of rentals are currently available in New Orleans?

There are currently 2789 Apartments for Rent in New Orleans, LA with pricing that ranges from $309 to $23,238. There are also 594 Single Family Homes for rent, Condos, and Townhome rentals currently available in New Orleans ranging from $595 to $8,141.

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 $595 to $8,141 with an average monthly rent of $1,826.

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 $17,036, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,225 to $5,500. Four Bedroom Single-Family rentals are also available starting from $1,200 and Four Bedroom Apartments start at $309.

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.

Helpful Local Expert Guides

decorative image for Welcome to the Big Easy: A Local Insider's Guide to New Orleans article

Welcome to the Big Easy: A Local Insider's Guide to New Orleans

Written by: Melissa Maxwell

For many people, the closest they come to New Orleans is watching The Princess and the Frog or that episode of The Simpsons where Marge stars in a musical based on A Streetcar Named Desire.

decorative image for Mardi Gras on the Weekends: The Best Neighborhoods to Rent Near New Orleans' Top Employers article

Mardi Gras on the Weekends: The Best Neighborhoods to Rent Near New Orleans' Top Employers

Written by: Melissa Maxwell

I'm Melissa, your ApartmentHomeLiving.com Local Expert for New Orleans and I'm here to tell you about the best places to live and work in The Big Easy. Not every day is Mardi Gras! We work too.

decorative image for From Campus to Cajun Cuisine: Finding Your Perfect Student Apartment in New Orleans article

From Campus to Cajun Cuisine: Finding Your Perfect Student Apartment in New Orleans

Written by: Melissa Maxwell

Congratulations on getting into college! The next four years are going to be pretty exciting. If you got into a college in The Big Easy, just remember that it isn't always Mardi Gras.

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.

Articles, How-To's, and Tips

decorative image for Rent According to Income: A Look at Income-Restricted Rentals   article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for How Commercial-to-Residential Property Conversions Help the Housing Crisis   article

How Commercial-to-Residential Property Conversions Help the Housing Crisis

Written by: Robin Stewart

Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

decorative image for Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My! article

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags   article

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.