
Cheap Homes for Rent in New Orleans, LA from $595 (160 Rentals)
Search the lowest-cost Homes available for rent right now in New Orleans.


54417 LA-433

2550 N Galvez St

3600 Eagle St

7302 Alabama St

114 N Arnoult Rd, Unit 120

4417 Chestnut St

304 N Turnbull Dr

2519 Washington Ave, Unit Apt. C

2216 Glasgow Dr
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.

4721 Erato St

1566 Annunciation St, Unit 4

1926 Louisiana Ave

212 David St

209 N Bernadotte St

124 Lake Ave

10711 Roger Dr, Unit 10711 Roger Drive

3508 Pakenham Dr

2300 Jena St, Unit B

4232 Ulloa St
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.

2711 Third St

1490 Harbor Dr, Unit 205

663 Victory Dr

1112 Dauphine St

7880 Means Ave

5009 N Villere St

4118 Iberville St

2108 Eads St

200 Houma Blvd

7830 Means Ave, Unit D
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.

1321 S Rampart St

200 Pacific Ave

1120 Horace St

2134 Robin St

8810 Oleander St

813 Burdette St

4902 Dauphine St

3120 N Robertson St, Unit 3120 N. Robertson

5515 N Robertson St, Unit 5515 N. Robertson St.

1933 Washington Ave, Unit 201A
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.

2522 N Tonti St

110 S Pierce St

5949 Tullis Dr

2822 Martin Luther King Jr Blvd

2429 Desire St, Unit 2429 Desire Street

2104 Euclid St

1826 Moss St, Unit B

7931 Olive St

8505 Valor Dr

3316 Laplace St
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

How much does it cost to rent a home in New Orleans?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| New Orleans 2 Bedroom Homes for Rent | $1,589 | $995 | $3,700 |
| New Orleans 3 Bedroom Homes for Rent | $2,040 | $1,225 | $5,500 |
| New Orleans 4 Bedroom Homes for Rent | $2,843 | $1,200 | $6,500 |
| New Orleans 5 Bedroom Homes for Rent | $5,616 | $2,700 | $7,800 |
| New Orleans 6 Bedroom Homes for Rent | $1,450 | $1,450 | $1,450 |
Browse Top Homes for Rent in New Orleans
Explore New Orleans
New Orleans, LA Local Guide
- New Orleans Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Neighborhoods for Homes in New Orleans, LA
Pricing Updated: 09/28/2026Current 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:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Lake Terrace Oaks | $1,300 | $1,200 | 6 |
| Holly Grove | $1,400 | $595 | 9 |
| Lakeshore | $1,400 | $1,200 | 18 |
| St Roch | $1,400 | $750 | 28 |
| Gentilly Woods | $1,425 | $850 | 36 |
| Uptown New Orleans | $1,437 | $895 | 6 |
| Broad | $1,450 | $1,200 | 16 |
| City Park | $1,450 | $950 | 56 |
| Desire Area | $1,450 | $750 | 62 |
| Dillard | $1,450 | $750 | 57 |
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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 5025 Mirabeau Ave | 5025 Mirabeau Ave | 2BR, 2BA | $0.29 |
| 2565 Kismet St | 2565 Kismet St | 4BR, 3.5BA | $0.71 |
| 124 N Galvez St | 124 N Galvez St | 2BR, 1.5BA | $0.75 |
| 4721 Erato St | 4721 Erato St | 1BR, 1BA | $0.47 |
| 7162 Salem Dr | 7162 Salem Dr | 3BR, 3BA | $0.80 |
| 7170 Wayside Dr | 7170 Wayside Dr | 3BR, 2BA | $0.95 |
| 2550 N Galvez St | 2550 N Galvez St | 1BR, 1BA | $0.40 |
| 200 Houma Blvd | 200 Houma Blvd | 1BR, 1BA | $0.68 |
| 10711 Roger Dr, Unit 10711 Roger Drive | 10711 Roger Dr | 2BR, 2.5BA | $0.95 |
| 635 Reynes St | 635 Reynes St | 1BR, 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 ArticleNavigating 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 ArticleReal 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 ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore New Orleans, LA Rentals by Map
See the most popular apartments and homes in New Orleans, LA
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

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.

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.

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.

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

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.

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.

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.

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.