Cheap Apartments for Rent in the New Orleans CBD Neighborhood of New Orleans, LA from $400 (53 Rentals)

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

property at 925 Common St

$1,047 - $3,273

Studio To 3 Bedroom Rentals

Available Now

925 Common St

New OrleansLA70112
property at 824 Royal St

$1,100 - $3,300

Studio To 2 Bedroom Rentals

Available Now

824 Royal St

New OrleansLA70116

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property at 807 Bourbon St

$1,000 - $1,100

1 Bedroom Rentals

Available Now

807 Bourbon St

New OrleansLA70116
property at 708 Orleans St

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100
Total Monthly Price
$1,100

Studio, 1 Bath Home for Rent

Available Now

708 Orleans St

New OrleansLA70116
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Marais Apartments
Studio to 1 Bedroom Apartments

Marais Apartments

1501 Canal StNew Orleans, LA 70112
Senior Living
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Moss-Bauer
1 to 2 Bedroom Apartments

Moss-Bauer

703 Carondelet StNew Orleans, LA 70130
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Saratoga Apartments
1 to 2 Bedroom Apartments

Saratoga Apartments

212 Loyola AveNew Orleans, LA 70112
  • Utilities Included

The Art of the Rental Viewing: What to look for during a property tour

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Merchant Lofts
1 Bedroom Apartments

Merchant Lofts

201 Magazine StNew Orleans, LA 70130
  • Utilities Included
property at 741 Dauphine 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

741 Dauphine St

New OrleansLA70116
property at 1323 Dauphine St

$1,450

Total Monthly Price

Total Monthly Price

Base Rent
$1,450
Total Monthly Price
$1,450

1 Bedroom, 1 Bath Condo for Rent

Available Now

1323 Dauphine St, Unit 3, Unit 3

1323 Dauphine St
New OrleansLA70116
property at 1112 Royal 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

1112 Royal St, Unit A, Unit A

1112 Royal St
New OrleansLA70116
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The California Building
Studio to 2 Bedroom Apartments

The California Building

1111 Tulane AveNew Orleans, LA 70112
Corporate Housing
  • Utilities Included
  • Smoke Free
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Thirteen15
Studio to 2 Bedroom Apartments

Thirteen15

1315 Gravier StNew Orleans, LA 70112
property at 622 Dauphine St

$1,550

Total Monthly Price

Total Monthly Price

Base Rent
$1,550
Total Monthly Price
$1,550

2 Bedroom, 1 Bath Home for Rent

Available Now

622 Dauphine St

New OrleansLA70112
property at 523 Dumaine St

$1,550

Total Monthly Price

Total Monthly Price

Base Rent
$1,550
Total Monthly Price
$1,550

1 Bedroom, 1 Bath Home for Rent

Available Now

523 Dumaine St

New OrleansLA70116
property at 523 Dumaine St

$1,600

Total Monthly Price

Total Monthly Price

Base Rent
$1,600
Total Monthly Price
$1,600

1 Bedroom, 2 Bath Home for Rent

Available Now

523 Dumaine St

New OrleansLA70116

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Showing Results 1-50, Page 1 of 2

Cheapest Available New Orleans CBD Apartments for Rent

 

The cheapest available apartment rental in the New Orleans CBD area of New Orleans, LA is a 1 Bed unit found at 200 Carondelet priced from $427. Bienville Basin Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,200. Here are the most affordable New Orleans CBD apartments for rent in New Orleans, LA:

Apartment ListingModel NameBed/BathPriced From
200 Carondelet1x1-c1g-tc301BR,1BA$427
Bienville Basin Apartments1 Bedroom Apartment1BR,1BA$1,200
Moss-Bauer1x11BR,1BA$1,200
Hibernia Tower Apartments1 Bedroom1BR,1BA$1,272
925 CommonThe HarmonyStudio,1BA$1,351
The Strand Apartments1 Bedroom Apartment1BR,1BA$1,440
DH Holmes Apartments1 Bedroom1BR,1BA$1,454
The Odeon at South MarketModernStudio,1BA$1,464
Thirteen15DStudio,1BA$1,485
930 Poydras1 bedroom1BR,1BA$1,495

Best Value Apartments for Rent in New Orleans CBD, LA

As of April 27, 2026 the best value apartment in the New Orleans CBD area is the $1.78 price per square foot Three Bedroom Luxury Apartment Model at The Annex Luxury Apartments in the in the Vieux Carre neighborhood starting from $3,800. The second greatest value New Orleans CBD apartment is the 2 Bedroom Apartment Model at The Strand Apartments starting at $1,948 with a $1.50 price per square foot in the Vieux Carre neighborhood. Here is today’s list of the best values for New Orleans CBD apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Annex Luxury ApartmentsThree Bedroom Luxury Apartment3BR,3BA$1.78
The Strand Apartments2 Bedroom Apartment2BR,2BA$1.50
Gravier Place Apartments2 Bedroom Apartment2BR,2BA$1.65
Bienville Basin Apartments1 Bedroom Apartment1BR,1BA$1.14
The Pythian Apartments2 Bedroom 1 Bath2BR,1BA$1.90
City Square 1622 Bedroom2BR,1BA$1.88
1201 Canal Apartments4012BR,2BA$2.05
Moss-Bauer1x11BR,1BA$1.60
930 Poydras1 bedroom1BR,1BA$2.03
200 CarondeletStudio-csc-mktStudio ,1BA$2.08

Frequently Asked Questions about Cheap New Orleans CBD Apartments

What is a cheap apartment in New Orleans CBD?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in New Orleans CBD is under $1,495.

What is the price of a cheap apartment in New Orleans CBD?

The cheapest apartment in New Orleans CBD is 200 Carondelet which is listed at $427, while the average apartment in New Orleans CBD costs $16,191.

What types of apartments are the cheapest in New Orleans CBD?

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 53 regular apartments in New Orleans CBD 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 New Orleans CBD?

Cheap apartments in New Orleans CBD have an average cost of $581 which is $15,610 cheaper than the average rent for all rentals in New Orleans CBD.

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

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

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