Cheap Apartments for Rent in the New Orleans CBD Neighborhood of New Orleans, LA from $403 (42 Rentals)

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

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1013 Royal St
$1,200

Total Monthly Price

Base Rent$1,200

Total Monthly Price$1,200
1 Bedroom Apartment Available Now

1013 Royal St

1013 Royal StNew Orleans, LA 70116
Affordability

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Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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200 Carondelet
Studio to 1 Bedroom Apartments

200 Carondelet

200 Carondelet StNew Orleans, LA 70130
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Marais Apartments
Studio to 1 Bedroom Apartments

Marais Apartments

1501 Canal StNew Orleans, LA 70112
Senior Living

From Campus to Cajun Cuisine: Finding Your Perfect Student Apartment in New Orleans

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Saratoga Apartments
1 to 2 Bedroom Apartments

Saratoga Apartments

212 Loyola AveNew Orleans, LA 70112
  • Utilities Included
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Moss-Bauer
1 to 2 Bedroom Apartments

Moss-Bauer

703 Carondelet StNew Orleans, LA 70130
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910 Toulouse St
1 Bedroom Apartments

910 Toulouse St

910 Toulouse StNew Orleans, LA 70112
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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 818 St Peter
$1,500

Total Monthly Price

Base Rent$1,500

Total Monthly Price$1,500
1 Bedroom, 1 Bath Home for Rent
Available Now
Affordability

818 St Peter

New OrleansLA70116

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property at 523 Dumaine St
$1,550

Total Monthly Price

Base Rent$1,550

Total Monthly Price$1,550
1 Bedroom, 1 Bath Home for Rent
Available Now
Affordability

523 Dumaine St, Unit 1B

523 Dumaine St
New OrleansLA70116
property at 523 Dumaine St
$1,600

Total Monthly Price

Base Rent$1,600

Total Monthly Price$1,600
1 Bedroom, 2 Bath Home for Rent
Available Now
Affordability

523 Dumaine St, Unit 2C

523 Dumaine St
New OrleansLA70116
property at 822 Ursulines Ave
$1,650

Total Monthly Price

Base Rent$1,650

Total Monthly Price$1,650
1 Bedroom, 1 Bath Condo for Rent
Available Now
Furnished

822 Ursulines Ave, Unit A

822 Ursulines Ave
New OrleansLA70116

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220 Decatur St
1 to 2 Bedroom Apartments

220 Decatur St

220 Decatur StNew Orleans, LA 70130
Furnished
  • Utilities Included
  • Smoke Free

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 ListingModel NameBed/BathPriced From
STRAIGHT707 Toulouse St.1BR/1.0BA1BR, 1BA$1,025
Bienville Basin Apartments1 Bedroom Apartment1BR, 1BA$1,200
Moss-Bauer1x11BR, 1BA$1,350
Hibernia Tower Apartments1 Bedroom1BR, 1BA$1,363
The Strand Apartments1 Bedroom Apartment1BR, 1BA$1,376
910 Toulouse St1BR/1.0BA1BR, 1BA$1,400
The Julia at Saint CharlesH11BR, 1BA$1,482
930 Poydras1 bedroom1BR, 1BA$1,495
Four Winds1 Bed, 1 Bath - Inner Light Well1BR, 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 ListingModel NameBed/BathPrice Per Sq.Ft.
DH Holmes Apartments3 Bedrooms3BR, 2BA$1.73
930 PoydrasTownhouse2BR, 2.5BA$2.19
Auction House ApartmentsAuction House Unit 2051BR, 1BA$2.31
Bienville Basin Apartments1 Bedroom Apartment1BR, 1BA$1.14
The Pythian Apartments2 Bedroom 1 Bath2BR, 1BA$1.90
City Square 1622 Bdrm Garden, 824 SqFt, Market,2BR, 1BA$2.31
Hibernia Tower Apartments1 Bedroom1BR, 1BA$1.72
Moss-Bauer1x11BR, 1BA$1.80
925 Common1 Bedroom 1 Bath - 788091BR, 1BA$2.30
STRAIGHT707 Toulouse St.1BR/1.0BA1BR, 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.

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