
Cheap Apartments for Rent in the Milan Neighborhood of New Orleans, LA from $500 (20 Rentals)
Search the lowest-cost Apartments available for rent right now in the Milan area of New Orleans.


2223 Washington Ave

Harmony Oaks Apartments

2121-2131 Louisiana Ave

3308 Prytania St

2316-2318 Third St
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

2842 Baronne St

4209 Freret St

The Dr.Everett and Melva Williams Building

Liberty Place Apartments

Flint Goodridge

Taylor Park Apartments
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.

3615 St Charles Ave

Forest Park

Liberty Park Apartments

4007 Prytania St

1731 Amelia St

Prytania Building (LKA)
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.

2721 General Taylor St

2227 Second St
Milan, New Orleans, LA Local Guide

How much does it cost to rent an apartment in Milan?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Milan 1 Bedroom Apartments | $1,430 | $1,050 | $2,100 |
| Milan 2 Bedroom Apartments | $2,066 | $1,650 | $3,794 |
| Milan 3 Bedroom Apartments | $2,551 | $1,247 | $5,256 |
| Milan 4 Bedroom Apartments | $1,887 | $1,450 | $2,324 |
Browse Apartments in this Neighborhood
There are currently 20 rentals with your search options within a 2 mile radius of the Milan Neighborhood of New Orleans, LA.
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Milan, New Orleans, LA Local Guide
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Cheapest Available Milan Apartments for Rent
 The cheapest available apartment rental in the Milan area of New Orleans, LA is a Studio unit found at 4007 Prytania St priced from $1,025. Harmony Oaks Apartments has the second lowest priced unit, which is a 3 Beds apartment currently listed from $1,247. Here are the most affordable Milan apartments for rent in New Orleans, LA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 4007 Prytania St | Studio | Studio,1BA | $1,025 |
| Harmony Oaks Apartments | 3 Bedroom Townhouse Tax Credit*** | 3BR,2BA | $1,247 |
| Prytania Building (LKA) | 1/1 | 1BR,1BA | $1,325 |
Best Value Apartments for Rent in Milan, LA
As of April 27, 2026 the best value apartment in the Milan area is the $1.41 price per square foot 1101 Marengo St Model at 1101 Marengo St, Unit Apt C in the in the Irish Channel neighborhood starting from $1,690. The second greatest value Milan apartment is the 4422 Carondelet Street Model at 4422 Carondelet Street starting at $2,500 with a $2.08 price per square foot in the West Riverside neighborhood. Here is today’s list of the best values for Milan apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1101 Marengo St, Unit Apt C | 1101 Marengo St | 3BR,1BA | $1.41 |
| 4422 Carondelet Street | 4422 Carondelet Street | 2BR,2.5BA | $2.08 |
| Prytania Building (LKA) | 1/1 | 1BR,1BA | $1.24 |
| Harmony Oaks Apartments | One Bedroom Garden | 1BR,1BA | $2.06 |
| 4007 Prytania St | Studio | Studio ,1BA | $2.56 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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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Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
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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.
Pet Friendly LifestyleMilan, New Orleans, LA
Ranked #87
Among cities in Louisiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Frequently Asked Questions about Cheap Milan Apartments
What is the price of a cheap apartment in Milan?
The cheapest apartment in Milan is Prytania Building (LKA) which is listed at $1,325, while the average apartment in Milan costs $9,620.
What types of apartments are the cheapest in Milan?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 13 regular apartments in Milan that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Milan?
Cheap apartments in Milan have an average cost of $920 which is $8,700 cheaper than the average rent for all rentals in Milan.
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

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.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.