
Cheap Apartments for Rent in the New Orleans CBD Neighborhood of New Orleans, LA from $403 (42 Rentals)
Search the lowest-cost Apartments available for rent right now in the New Orleans CBD area of New Orleans.


Bienville Basin Apartments

Total Monthly Price
1013 Royal St

2528 Martin Luther King Jr Blvd

1607 St Ann St.

1026 Dumaine St

925 Common

514 Madison St, Unit 4
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832 St Ann St., Unit 1A

Hibernia Tower Apartments

The Strand Apartments

Four Winds

514 Madison St

DH Holmes Apartments

The Julia at Saint Charles

930 Poydras
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City Square 162

1201 Canal Apartments

2515 Erato St

200 Carondelet

Rosa F. Keller Building

STRAIGHT707 Toulouse St.

1112 Dauphine St

Marais Apartments
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Saratoga Apartments

Moss-Bauer

832 St Ann St.

830 St Ann St.

910 Toulouse St

The California Building

Thirteen15

818 St Peter
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

1017 Conti St

1201 Canal St

523 Dumaine St, Unit 1B

330 Julia St

523 Dumaine St, Unit 2C

2514 Cleveland Ave

822 Ursulines Ave, Unit A

339 Carondelet Apartments
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220 Decatur St

823 Dauphine St
New Orleans CBD, New Orleans, LA Local Guide

How much does it cost to rent an apartment in New Orleans CBD?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| New Orleans CBD Studio Apartments | $2,094 | $1,325 | $5,520 |
| New Orleans CBD 1 Bedroom Apartments | $2,005 | $1,200 | $9,875 |
| New Orleans CBD 2 Bedroom Apartments | $3,523 | $1,300 | $10,000+ |
| New Orleans CBD 3 Bedroom Apartments | $8,502 | $2,200 | $10,000+ |
| New Orleans CBD 4 Bedroom Apartments | $31,202 | $10,000 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 42 rentals with your search options within a 2 mile radius of the New Orleans CBD Neighborhood of New Orleans, LA.
See all Apartments in New OrleansExplore New Orleans
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 STRAIGHT707 Toulouse St. priced from $1,025. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| STRAIGHT707 Toulouse St. | 1BR/1.0BA | 1BR, 1BA | $1,025 |
| Bienville Basin Apartments | 1 Bedroom Apartment | 1BR, 1BA | $1,200 |
| Moss-Bauer | 1x1 | 1BR, 1BA | $1,350 |
| Hibernia Tower Apartments | 1 Bedroom | 1BR, 1BA | $1,363 |
| The Strand Apartments | 1 Bedroom Apartment | 1BR, 1BA | $1,376 |
| 910 Toulouse St | 1BR/1.0BA | 1BR, 1BA | $1,400 |
| The Julia at Saint Charles | H1 | 1BR, 1BA | $1,482 |
| 930 Poydras | 1 bedroom | 1BR, 1BA | $1,495 |
| Four Winds | 1 Bed, 1 Bath - Inner Light Well | 1BR, 1BA | $1,499 |
Best Value Apartments for Rent in New Orleans CBD, LA
As of September 21, 2026 the best value apartment in the New Orleans CBD area is the $1.73 price per square foot 3 Bedrooms Model at DH Holmes Apartments in the Vieux Carre neighborhood starting from $2,683. The second greatest value New Orleans CBD apartment is the Townhouse Model at 930 Poydras in the Vieux Carre neighborhood starting at $2,995 with a $2.19 price per square foot. Here is today’s list of the best values for New Orleans CBD apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| DH Holmes Apartments | 3 Bedrooms | 3BR, 2BA | $1.73 |
| 930 Poydras | Townhouse | 2BR, 2.5BA | $2.19 |
| Auction House Apartments | Auction House Unit 205 | 1BR, 1BA | $2.31 |
| Bienville Basin Apartments | 1 Bedroom Apartment | 1BR, 1BA | $1.14 |
| The Pythian Apartments | 2 Bedroom 1 Bath | 2BR, 1BA | $1.90 |
| City Square 162 | 2 Bdrm Garden, 824 SqFt, Market, | 2BR, 1BA | $2.31 |
| Hibernia Tower Apartments | 1 Bedroom | 1BR, 1BA | $1.72 |
| Moss-Bauer | 1x1 | 1BR, 1BA | $1.80 |
| 925 Common | 1 Bedroom 1 Bath - 78809 | 1BR, 1BA | $2.30 |
| STRAIGHT707 Toulouse St. | 1BR/1.0BA | 1BR, 1BA | $1.86 |
Frequently Asked Questions about Cheap New Orleans CBD Apartments
What is the price of a cheap apartment in New Orleans CBD?
The cheapest apartment in New Orleans CBD is STRAIGHT707 Toulouse St. which is listed at $1,025, while the average apartment in New Orleans CBD costs $2,088.
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 12 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 $257 which is $1,831 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.
Helpful Local Expert Guides

Welcome to the Big Easy: A Local Insider's Guide to New Orleans
Written by: Melissa Maxwell
For many people, the closest they come to New Orleans is watching The Princess and the Frog or that episode of The Simpsons where Marge stars in a musical based on A Streetcar Named Desire.

Mardi Gras on the Weekends: The Best Neighborhoods to Rent Near New Orleans Top Employers
Written by: Melissa Maxwell
I'm Melissa, your ApartmentHomeLiving.com Local Expert for New Orleans and I'm here to tell you about the best places to live and work in The Big Easy. Not every day is Mardi Gras! We work too.

From Campus to Cajun Cuisine: Finding Your Perfect Student Apartment in New Orleans
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Congratulations on getting into college! The next four years are going to be pretty exciting. If you got into a college in The Big Easy, just remember that it isn't always Mardi Gras.

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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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