Cheap Homes for Rent in New Orleans, LA from $600 (196 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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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 1916 Claire Ave

$950

1 Bedroom, 1 Bath Condo for Rent

Available Now

1916 Claire Ave

GretnaLA70053
property at 9022 Palm St

$975

2 Bedroom, 1 Bath Home for Rent

Available Now

9022 Palm St

New OrleansLA70118

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 1500 Clouet St

$1,000

2 Bedroom, 1 Bath Home for Rent

Available Now

1500 Clouet St

New OrleansLA70117
property at 616 Garden Road

$1,000

1 Bedroom, 1 Bath Home for Rent

Available Now

616 Garden Road

MarreroLA70072
property at 8810 Oleander St

$1,000

2 Bedroom, 1 Bath Home for Rent

Available Now

8810 Oleander St

New OrleansLA70118

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, LA Local Guide

Cheapest Neighborhoods for Apartments in New Orleans, LA

Pricing Updated: 01/29/2026

Current apartment rentals in the New Orleans, LA area range in price from $246 to $16,676 with an overall median price of $6,188. The three New Orleans neighborhoods with the lowest median rent pricing are English Turn at $1,100, Sherwood Forest at $700, and Village De LEst at $800. 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$1,100$1,1001
Sherwood Forest$1,275$700204
Village De LEst$1,275$8002
Ponchartrain Park$1,300$75011
Edgelake$1,317$700197
Lake Forest East$1,441$78126
Little Woods$1,441$700225
Pines$1,441$70037
Pines Village$1,441$75027
Plum Orchard$1,441$75038

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. Patio Villa has the second lowest priced unit, which is a Studio apartment currently listed from $745. Here is today’s list of the most affordable New Orleans apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Parc FontaineBienville1BR,1BA$710
Patio VillaStudioStudio,1BA$745
My Home at LakeviewValencia1BR,1BA$750
Gates of Oakwood1x1 B1BR,1BA$750
PeppertreeStudioStudio,1BA$755
Carmel BrookBasin1BR,1BA$760
Westchase ApartmentsStudio BStudio,1BA$781
Laguna Creek1 Bedroom1BR,1BA$781
Chateau NapoleonClassic StudioStudio,1BA$785

Best Value Apartments for Rent in New Orleans, LA

As of January 29, 2026 the best value apartment in the New Orleans area is the $0.75 price per square foot 614 Fourth St Model at 614 Fourth St, Unit 614 in the in the Irish Channel neighborhood starting from $1,495. The second greatest value New Orleans apartment is the Active Duty = BAH Model at Naval Air Station Joint Reserve Base starting at $1,900 with a $1.05 price per square foot in the Outlying Jefferson Parish 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.
614 Fourth St, Unit 614614 Fourth St3BR,1BA$0.75
Naval Air Station Joint Reserve BaseActive Duty = BAH4BR,2.5BA$1.05
1127 S Dupre St, Unit Student Apartment1127 S Dupre St1BR,1BA$0.66
Somerset2 Bedrooms, 1.5 Baths Townhome2BR,1.5BA$1.06
4208 Eporia StC2BR,1.5BA$1.04
2363 N Robertson St, Unit 23632363 N Robertson St2BR,1BA$0.97
1502 Piety St, Unit 15021502 Piety St2BR,1BA$0.97
Laguna Reserve1 Bedroom1BR,1BA$1.06
My Home at LakeviewValencia1BR,1BA$1.03
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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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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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 2714 Apartments for Rent in New Orleans, LA with pricing that ranges from $246 to $16,848. There are also 673 Single Family Homes for rent, Condos, and Townhome rentals currently available in New Orleans ranging from $600 to $9,600.

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 $9,600 with an average monthly rent of $4,020.

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 $825 to $12,048, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,100 to $5,550. Four Bedroom Single-Family rentals are also available starting from $792 and Four Bedroom Apartments start at $932.

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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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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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.