
Cheap Apartments for Rent in the New Orleans CBD Neighborhood of New Orleans, LA from $400 (31 Rentals)
Search the lowest-cost Apartments available for rent right now in the New Orleans CBD area of New Orleans.


Gravier Place Apartments

Bienville Basin Apartments

2528 Martin Luther King Jr Blvd

Hibernia Tower Apartments

925 Common

1201 Canal Apartments
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DH Holmes Apartments

Four Winds

The Strand Apartments

930 Poydras

City Square 162

514 Natchez St

The Julia at Saint Charles
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Rosa F. Keller Building

421 Burgundy St

840 Ursulines Ave

Marais Apartments

Saratoga Apartments

Moss-Bauer

Merchant Lofts
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1112 Royal St

514 Madison St

The California Building

Thirteen15

523 Dumaine St

622 Dauphine St

523 Dumaine St
New Orleans's Best Affordable Neighborhoods
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220 Decatur St

339 Carondelet Apartments

216 Chartres 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 | $1,096 | $246 | $1,720 |
| New Orleans CBD 1 Bedroom Apartments | $1,712 | $259 | $10,000+ |
| New Orleans CBD 2 Bedroom Apartments | $3,042 | $1,300 | $10,000+ |
| New Orleans CBD 3 Bedroom Apartments | $4,589 | $1,140 | $10,000+ |
| New Orleans CBD 4 Bedroom Apartments | $9,324 | $8,909 | $9,740 |
Browse Apartments in this Neighborhood
There are currently 31 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 Studio unit found at 200 Carondelet priced from $875. Gravier Place Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,043. Here are the most affordable New Orleans CBD apartments for rent in New Orleans, LA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 200 Carondelet | Studio-csd-tc60 | Studio,1BA | $875 |
| Gravier Place Apartments | 1 Bedroom Apartment | 1BR,1BA | $1,043 |
| Bienville Basin Apartments | 1 Bedroom Apartment | 1BR,1BA | $1,200 |
| Hibernia Tower Apartments | 1 Bedroom | 1BR,1BA | $1,289 |
| 925 Common | SYMPHONY | Studio,1BA | $1,325 |
| Moss-Bauer | 1x1 | 1BR,1BA | $1,350 |
| 1201 Canal Apartments | 515 | 1BR,1BA | $1,427 |
| DH Holmes Apartments | 1 Bedroom | 1BR,1BA | $1,446 |
| Four Winds | Aphrodite | 1BR,1BA | $1,458 |
| The Strand Apartments | 1 Bedroom Apartment | 1BR,1BA | $1,469 |
Best Value Apartments for Rent in New Orleans CBD, LA
As of July 30, 2026 the best value apartment in the New Orleans CBD area is the $2.19 price per square foot Townhouse Model at 930 Poydras in the in the Vieux Carre neighborhood starting from $2,995. The second greatest value New Orleans CBD apartment is the 1 Bedroom Apartment Model at Bienville Basin Apartments starting at $1,200 with a $1.14 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 930 Poydras | Townhouse | 2BR,2.5BA | $2.19 |
| Bienville Basin Apartments | 1 Bedroom Apartment | 1BR,1BA | $1.14 |
| The Pythian Apartments | 2 Bedroom 1 Bath | 2BR,1BA | $1.90 |
| Hibernia Tower Apartments | 1 Bedroom | 1BR,1BA | $1.59 |
| Moss-Bauer | 1x1 | 1BR,1BA | $1.80 |
| DH Holmes Apartments | 1 Bedroom | 1BR,1BA | $2.06 |
| 1201 Canal Apartments | 515 | 1BR,1BA | $2.13 |
| City Square 162 | 1 Bdrm Garden, 638 SqFt, Market, | 1BR,1BA | $2.36 |
| Gravier Place Apartments | 1 Bedroom Apartment | 1BR,1BA | $1.69 |
| 200 Carondelet | Studio-csc-mkt | Studio ,1BA | $2.26 |
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 $1,469.
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 $933, while the average apartment in New Orleans CBD costs $15,878.
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 5 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 $273 which is $15,605 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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Mardi Gras on the Weekends: The Best Neighborhoods to Rent Near New Orleans Top Employers
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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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