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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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property at 1809 N Dupre St

1809 N Dupre St

New OrleansLA70119

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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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.

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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: 06/15/2025

Current apartment rentals in the New Orleans, LA area range in price from $291 to $14,400 with an overall median price of $5,136. The three New Orleans neighborhoods with the lowest median rent pricing are Pines at $1,200, Village De LEst at $735, and Read Boulevard East at $685. 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$1,300$1,2002
Village De LEst$1,325$7356
Read Boulevard East$1,343$685103
Edgelake$1,397$70099
Lake Forest East$1,441$685104
Little Woods$1,441$685110
Pines Village$1,441$685103
Plum Orchard$1,441$685113
Read Boulevard West$1,441$685111
Sherwood Forest$1,441$685104

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 Apartments in the West Riverside neighborhood priced from $291. Laguna Creek in the Lake Forest East neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $685. Here is today’s list of the most affordable New Orleans apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Harmony Oaks Apartments4 Bedroom Townhouse Tax Credit***4BR,2BA$291
Laguna Creek1 Bedroom1BR,1BA$685
Whispering PalmsStudioStudio,1BA$699
MarquisB32BR,2BA$717
Chateau d'Orleans1BR/1BA1BR,1BA$735
PeppertreeStudioStudio,1BA$795
Forest Isle'B' - Very Nice 1 Br/1Bath Layout1BR,1BA$800
Patio VillaStudioStudio,1BA$803

Best Value Apartments for Rent in New Orleans, LA

As of June 16, 2025 the best value apartment in the New Orleans area is the $1.03 price per square foot 320 S Dupre St Model at 320 S Dupre St, Unit 320 in the in the Mid-City neighborhood starting from $1,595. The second greatest value New Orleans apartment is the 4321 Joycelyn Dr Model at 4321 Joycelyn Dr, Unit 4321 Joycelyn Drive starting at $1,600 with a $1.07 price per square foot in the Old Aurora 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.
320 S Dupre St, Unit 320320 S Dupre St3BR,1BA$1.03
4321 Joycelyn Dr, Unit 4321 Joycelyn Drive4321 Joycelyn Dr3BR,1.5BA$1.07
3029 Banks St3029 Banks St3BR,1BA$1.09
2323 Leonidas St, Unit Beautiful Shared Living2323 Leonidas StStudio ,1BA$0.77
Cypress AcresTwo Bedroom C2BR,2.5BA$1.03
9400 Hayne Blvd, Unit C9400 Hayne Blvd2BR,1BA$0.91
Laguna Reserve2 Bedroom2BR,2BA$0.82
Gates of Oakwood1x11BR,1BA$1.11
315 Ash St, Unit 15315 Ash St1BR,1BA$1.03
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 2680 Apartments for Rent in New Orleans, LA with pricing that ranges from $291 to $14,400. There are also 468 Single Family Homes for rent, Condos, and Townhome rentals currently available in New Orleans ranging from $595 to $8,000.

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 $8,000 with an average monthly rent of $2,667.

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 $800 to $6,250, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,075 to $7,900. Four Bedroom Single-Family rentals are also available starting from $1,500 and Four Bedroom Apartments start at $291.

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.