Cheap Homes for Rent in New Orleans, LA from $600 (256 Rentals)

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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.

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property at 1621 Crete St

1621 Crete St

New OrleansLA70119

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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property at 1109 Teche St

1109 Teche St

New OrleansLA70114
property at 8322 Cohn St

8322 Cohn St

New OrleansLA70118
property at 1109 Teche St

1109 Teche St

New OrleansLA70114

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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property at 1500 Clouet St

1500 Clouet St

New OrleansLA70117
property at 10705 Roger Dr

10705 Roger Dr

New OrleansLA70127
property at 616 Garden Road

616 Garden Road

MarreroLA70072

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

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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New Orleans, LA Local Guide

Cheapest Neighborhoods for Apartments in New Orleans, LA

Pricing Updated: 12/13/2025

Current apartment rentals in the New Orleans, LA area range in price from $600 to $10,800 with an overall median price of $4,413. The three New Orleans neighborhoods with the lowest median rent pricing are Pines at $1,050, Lake Shore Lake Vista at $1,400, and Broad at $900. 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
Pines$1,350$1,0505
Lake Shore Lake Vista$1,400$1,4003
Broad$1,465$90030
Little Woods$1,595$1,00014
Edgelake$1,600$1,00010
Lake Forest East$1,800$1,0008
Uptown New Orleans$1,900$1,3507
Mid-City$1,995$97525
Tulane Gravier$2,000$1,5508
St Thomas$2,025$97531

Cheapest Available New Orleans Apartments for Rent

 

The cheapest available apartment rental in New Orleans, LA is a 1 Bed unit found at Parc Fontaine in the Old Aurora neighborhood priced from $710. Chateau d'Orleans in the Venetian Isles neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $735. Here is today’s list of the most affordable New Orleans apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Parc FontaineBienville1BR,1BA$710
Chateau d'Orleans1BR/1BA1BR,1BA$735
Patio VillaStudioStudio,1BA$750
Carmel BrookBasin1BR,1BA$760
St. Germaine2x12BR,1BA$784
Chateau NapoleonClassic StudioStudio,1BA$785
Laguna Creek1 Bedroom1BR,1BA$785
PeppertreeStudioStudio,1BA$795
Laguna Reserve1 Bedroom1BR,1BA$795
Cedarwood1X1U1BR,1BA$800

Best Value Apartments for Rent in New Orleans, LA

As of December 13, 2025 the best value apartment in the New Orleans area is the $0.88 price per square foot 7010 Milne Blvd Model at 7010 Milne Blvd, Unit 7010 in the in the City Park neighborhood starting from $1,900. The second greatest value New Orleans apartment is the 8010 S Claiborne Ave Model at 8010 S Claiborne Ave starting at $1,975 with a $1.11 price per square foot in the West Carrollton 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.
7010 Milne Blvd, Unit 70107010 Milne Blvd3BR,2BA$0.88
8010 S Claiborne Ave8010 S Claiborne Ave2BR,2BA$1.11
1127 S Dupre St, Unit Student Apartment1127 S Dupre St1BR,1BA$0.66
Edenborn Courts and Gardens2 Bedrooms w/Den, 2 Baths2BR,2BA$1.11
1036 Eli Ct1036 Eli Ct2BR,1.5BA$1.00
Lakeland Manor2 Bed / 1.5 Bath2BR,1.5BA$1.00
176 Rosalie Dr, Unit C176 Rosalie Dr2BR,1BA$1.05
9031 Palm St, Unit 90319031 Palm St2BR,1BA$1.06
Laguna Reserve1 Bedroom1BR,1BA$1.06
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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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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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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore New Orleans, LA Rentals by Map

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See the most popular apartments and homes in New Orleans, LA

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Frequently Asked Questions about New Orleans

What type of rentals are currently available in New Orleans?

There are currently 2740 Apartments for Rent in New Orleans, LA with pricing that ranges from $244 to $18,298. There are also 670 Single Family Homes for rent, Condos, and Townhome rentals currently available in New Orleans ranging from $600 to $10,800.

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 $10,800 with an average monthly rent of $4,748.

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 $1,030 to $12,953, while Three Bedroom Homes, Condos, and Townhomes for rent range from $950 to $5,200. Four Bedroom Single-Family rentals are also available starting from $1,695 and Four Bedroom Apartments start at $929.

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

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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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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!