Cheap Homes for Rent in Milan Neighborhood of New Orleans, LA from $1,200 (5 Rentals)

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Search the lowest-cost Homes available for rent right now in the Milan area of New Orleans.

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.

property at 2721 General Taylor St

$1,450

Total Monthly Price

Total Monthly Price

Base Rent
$1,450

Total Monthly Price
$1,450

1 Bedroom, 1 Bath Home for Rent

Available Now

2721 General Taylor St

New OrleansLA70115
property at 4209 Freret St

$1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,500

Total Monthly Price
$1,500

2 Bedroom, 1 Bath Townhome for Rent

Available May 1

4209 Freret St

New OrleansLA70115

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.

Milan, New Orleans, LA Local Guide

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 ListingModel NameBed/BathPriced From
4007 Prytania StStudioStudio,1BA$1,025
Harmony Oaks Apartments3 Bedroom Townhouse Tax Credit***3BR,2BA$1,247
Prytania Building (LKA)1/11BR,1BA$1,325

Best Value Apartments for Rent in Milan, LA

As of April 26, 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 ListingModel NameBed/BathPrice Per Sq.Ft.
1101 Marengo St, Unit Apt C1101 Marengo St3BR,1BA$1.41
4422 Carondelet Street4422 Carondelet Street2BR,2.5BA$2.08
Prytania Building (LKA)1/11BR,1BA$1.24
Harmony Oaks ApartmentsOne Bedroom Garden1BR,1BA$2.06
4007 Prytania StStudioStudio ,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.

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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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Pet Friendly Lifestyle
Milan, New Orleans, LA

Ranked #87

Among cities in Louisiana for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Frequently Asked Questions about Milan

What type of rentals are currently available in Milan?

There are currently 100 Apartments for Rent in Milan, LA with pricing that ranges from $1,050 to $9,620. There are also 18 Single Family Homes for rent, Condos, and Townhome rentals currently available in Milan ranging from $1,200 to $2,600.

What is the current price range for Rental Homes in Milan?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Milan ranges from $1,200 to $2,600 with an average monthly rent of $1,781.

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.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.