Cheap Homes for Rent in New Orleans CBD Neighborhood of New Orleans, LA from $1,200 (14 Rentals)
Search the lowest-cost Homes available for rent right now in the New Orleans CBD area of New Orleans.

2528 Martin Luther King Jr Blvd

2528 Martin Luther King Jr Blvd
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

1925 Iberville St

1201 Canal St

832 Lafayette St
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
New Orleans CBD, New Orleans, LA Local Guide

How much does it cost to rent a home in New Orleans CBD?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| New Orleans CBD 2 Bedroom Homes for Rent | $3,312 | $1,500 | $6,000 |
| New Orleans CBD 3 Bedroom Homes for Rent | $4,800 | $4,800 | $4,800 |
| New Orleans CBD 5 Bedroom Homes for Rent | $5,500 | $5,500 | $5,500 |
Browse Homes for Rent in this Neighborhood
There are currently 14 rentals with your search options within a 2 mile radius of the New Orleans CBD Neighborhood of New Orleans, LA.
Explore 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. The Pythian Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,068. 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-csh-tc60 | Studio,1BA | $875 |
| The Pythian Apartments | 1 Bedroom | 1BR,1BA | $1,068 |
| 925 Common | The Harmony | Studio,1BA | $1,195 |
| Moss-Bauer | 1x1 | 1BR,1BA | $1,200 |
| Bienville Basin Apartments | 1 Bedroom Apartment | 1BR,1BA | $1,200 |
Best Value Apartments for Rent in New Orleans CBD, LA
As of January 03, 2026 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 $4,238 with a $2.20 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 | $2.20 |
| The Pythian Apartments | 2 Bedroom 2 Bath | 2BR,2BA | $1.21 |
| 930 Poydras | Townhouse | 2BR,2.5BA | $2.19 |
| Hibernia Tower Apartments | 2 Bedroom | 2BR,2BA | $1.45 |
| Bienville Basin Apartments | 1 Bedroom Apartment | 1BR,1BA | $1.14 |
| Four Winds | 1 Bed, 1 Bath - View of Common St. | 1BR,1BA | $2.32 |
| Moss-Bauer | 1x1 | 1BR,1BA | $1.77 |
| Gravier Place Apartments | 1 Bedroom Apartment | 1BR,1BA | $2.19 |
| 200 Carondelet | Studio-csc-mkt | Studio ,1BA | $2.08 |
Frequently Asked Questions about New Orleans CBD
What type of rentals are currently available in New Orleans CBD?
There are currently 245 Apartments for Rent in New Orleans CBD, LA with pricing that ranges from $246 to $15,000. There are also 55 Single Family Homes for rent, Condos, and Townhome rentals currently available in New Orleans CBD ranging from $1,200 to $6,000.
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 $1,200 to $6,000 with an average monthly rent of $3,352.
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.
Articles, How-To's, and Tips

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.

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.








