Cheap Homes for Rent in the New Orleans CBD Neighborhood of New Orleans, LA from $1,100 (8 Rentals)

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

property at 1112 Royal St

$1,395

Total Monthly Price

Total Monthly Price

Base Rent
$1,395

Total Monthly Price
$1,395

1 Bedroom, 1 Bath Home for Rent

Available Now

1112 Royal St

New OrleansLA70116

Mardi Gras on the Weekends: The Best Neighborhoods to Rent Near New Orleans' Top Employers

'Laissez les bons temps rouler' and get to work! Explore New Orleans' major industries, best places to live, and iconic culture spots in The Big Easy.

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 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

$1,600

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

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.

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 ListingModel NameBed/BathPriced From
200 CarondeletStudio-csd-tc60Studio,1BA$875
Gravier Place Apartments1 Bedroom Apartment1BR,1BA$1,043
Bienville Basin Apartments1 Bedroom Apartment1BR,1BA$1,200

Best Value Apartments for Rent in New Orleans CBD, LA

As of July 31, 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 ListingModel NameBed/BathPrice Per Sq.Ft.
930 PoydrasTownhouse2BR,2.5BA$2.19
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$1.63
Moss-Bauer1x11BR,1BA$1.80
DH Holmes Apartments1 Bedroom1BR,1BA$2.06
1201 Canal Apartments5151BR,1BA$2.13
Gravier Place Apartments1 Bedroom Apartment1BR,1BA$1.69
200 CarondeletStudio-csc-mktStudio ,1BA$2.26

Frequently Asked Questions about New Orleans CBD

What type of rentals are currently available in New Orleans CBD?

There are currently 236 Apartments for Rent in New Orleans CBD, LA with pricing that ranges from $246 to $22,837. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in New Orleans CBD ranging from $1,150 to $5,500.

What is the current price range for Rental Homes in New Orleans CBD?

Today's rental pricing for Homes for Rent, Condos and Townhomes in New Orleans CBD ranges from $1,150 to $5,500 with an average monthly rent of $2,069.

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

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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.

decorative image for Mardi Gras on the Weekends: The Best Neighborhoods to Rent Near New Orleans Top Employers article

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.

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

Written by: Melissa Maxwell

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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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.

Articles, How-To's, and Tips

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

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.