807 Bourbon St
New OrleansLA70116
Cheap Apartments for Rent in the New Orleans CBD Neighborhood of New Orleans, LA from $800 (28 Rentals)
Search the lowest-cost Apartments available for rent right now in the New Orleans CBD area of New Orleans.
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from $1,1721 to 3 Bedroom Apartments Available Now
Gravier Place Apartments
837 Gravier StNew Orleans, LA 70112
508 Madison St
New OrleansLA70116
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from $1,275Studio to 3 Bedroom Apartments Available Now
The Residences at LSU Health
615 S Johnson StNew Orleans, LA 70112
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from $1,2881 to 2 Bedroom Apartments Available Now
Bienville Basin Apartments
215 Treme StNew Orleans, LA 70112
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from $1,3221 to 2 Bedroom Apartments Available Now
Hibernia Tower Apartments
812 Gravier StNew Orleans, LA 70112
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
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from $1,3851 to 2 Bedroom Apartments Available Now
The Strand Apartments
909 Gravier StNew Orleans, LA 70112
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from $1,3951 to 2 Bedroom Apartments Available Now
1201 Canal Apartments
1201 Canal StNew Orleans, LA 70112
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from $1,4181 to 3 Bedroom Apartments Available Now
DH Holmes Apartments
810 Bienville AveNew Orleans, LA 70112
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from $1,420Studio to 3 Bedroom Apartments Available Now
Four Winds
210 Baronne StNew Orleans, LA 70112
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from $1,4501 to 2 Bedroom Apartments Available Now
City Square 162
1501 St. Louis StNew Orleans, LA 70112
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from $1,500Studio Apartment Available Now
727 Ursulines Ave, Unit 6
727 Ursulines AveNew Orleans, LA 70116
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
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from $1,5651 to 2 Bedroom Apartments Available Now
The Julia at Saint Charles
730 Julia StNew Orleans, LA 70130
934 Royal St
New OrleansLA70116
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516 Bienville St
New OrleansLA70130
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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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
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Showing Results 1-28, Page 1 of 1
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 | $1,926 | $1,000 | $4,066 |
| New Orleans CBD 1 Bedroom Apartments | $2,032 | $1,250 | $5,209 |
| New Orleans CBD 2 Bedroom Apartments | $3,691 | $1,650 | $10,000+ |
| New Orleans CBD 3 Bedroom Apartments | $4,279 | $2,628 | $6,302 |
| New Orleans CBD 4 Bedroom Apartments | $9,130 | $9,130 | $9,130 |
Browse Apartments in this Neighborhood
There are currently 28 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
New Orleans CBD, New Orleans, LA Local Guide
- Nearby New Orleans neighborhoods
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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 The Residences at LSU Health priced from $1,275. Bienville Basin Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,288. Here are the most affordable New Orleans CBD apartments for rent in New Orleans, LA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Residences at LSU Health | Studio C ADA *Call for Availability* | Studio,1BA | $1,275 |
| Bienville Basin Apartments | 1 Bedroom Apartment | 1BR,1BA | $1,288 |
| Hibernia Tower Apartments | 1 Bedroom | 1BR,1BA | $1,322 |
| Moss-Bauer | 1x1 | 1BR,1BA | $1,350 |
| The Strand Apartments | 1 Bedroom Apartment | 1BR,1BA | $1,385 |
| 1201 Canal Apartments | 218 | 1BR,1BA | $1,395 |
| DH Holmes Apartments | 1 Bedroom | 1BR,1BA | $1,418 |
| Four Winds | Akron | Studio,1BA | $1,440 |
| City Square 162 | 1 Bedroom | 1BR,1BA | $1,450 |
| 930 Poydras | 1 bedroom | 1BR,1BA | $1,495 |
Best Value Apartments for Rent in New Orleans CBD, LA
As of May 28, 2025 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 Penthouse Model at The Strand Apartments starting at $3,880 with a $2.35 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. |
|---|---|---|---|
| The Annex Luxury Apartments | Three Bedroom Luxury Apartment | 3BR,3BA | $1.78 |
| The Strand Apartments | Penthouse | 2BR,2BA | $2.35 |
| Gravier Place Apartments | 3 Bedroom Apartment | 3BR,3BA | $1.75 |
| Hibernia Tower Apartments | 2 Bedroom | 2BR,2BA | $1.89 |
| Moss-Bauer | 2x2 | 2BR,2BA | $1.60 |
| Bienville Basin Apartments | 1 Bedroom Apartment | 1BR,1BA | $1.22 |
| 901 Governor Nicholls St, Unit 901 Gov. Nicholls | 901 Governor Nicholls St | 1BR,1BA | $1.85 |
| 727 Ursulines Ave, Unit 6 | 727 Ursulines Ave | Studio ,1BA | $1.50 |
| 930 Poydras | 1 bedroom | 1BR,1BA | $2.03 |
| City Square 162 | 1 Bedroom | 1BR,1BA | $2.27 |
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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Getting Around the New Orleans CBD Neighborhood in New Orleans, LA
Walk Score®
95 / 100
Walker’s Paradise
Daily errands do not require a car
Bike Score®
90 / 100
Biker's Paradise
Daily errands can be accomplished on a bike
Transit Score®
85 / 100
Excellent Transit
Transit is convenient for most trips
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 Bienville Basin Apartments which is listed at $1,288, while the average apartment in New Orleans CBD costs $10,500.
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 7 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 $1,030 which is $9,470 cheaper than the average rent for all rentals in New Orleans CBD.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.
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.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.