Cheap Homes for Rent in New Orleans CBD Neighborhood of New Orleans, LA from $1,100 (12 Rentals)

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

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.

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property at 216 Chartres St

216 Chartres St

New OrleansLA70130

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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New Orleans CBD, New Orleans, LA Local Guide

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 Gravier Place Apartments priced from $1,184. The Residences at LSU Health has the second lowest priced unit, which is a Studio apartment currently listed from $1,275. Here are the most affordable New Orleans CBD apartments for rent in New Orleans, LA:

Apartment ListingModel NameBed/BathPriced From
Gravier Place Apartments1 Bedroom Apartment1BR,1BA$1,184
The Residences at LSU HealthStudio C ADA *Call for Availability*Studio,1BA$1,275
1201 Canal Apartments2181BR,1BA$1,345
Moss-Bauer1x11BR,1BA$1,350
Bienville Basin Apartments1 Bedroom Apartment1BR,1BA$1,350

Best Value Apartments for Rent in New Orleans CBD, LA

As of June 22, 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 $3,891 with a $2.02 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.
The Annex Luxury ApartmentsThree Bedroom Luxury Apartment3BR,3BA$1.78
The Strand ApartmentsPenthouse2BR,2BA$2.02
Moss-Bauer2x22BR,2BA$1.60
Bienville Basin Apartments1 Bedroom Apartment1BR,1BA$1.28
May & EllisApt 505 - 2 bedroom/1 bath2BR,1BA$2.44
511 Toulouse St, Unit 201511 Toulouse St1BR,1BA$2.20
The Beacon at South MarketClassic 11BR,1BA$2.28
930 Poydras1 bedroom1BR,1BA$2.03
City Square 1621 Bedroom1BR,1BA$2.27
Gravier Place Apartments1 Bedroom Apartment1BR,1BA$1.92

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Frequently Asked Questions about New Orleans CBD

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

There are currently 225 Apartments for Rent in New Orleans CBD, LA with pricing that ranges from $1,000 to $12,182. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in New Orleans CBD ranging from $1,100 to $8,000.

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 $1,100 to $8,000 with an average monthly rent of $3,767.

How much are larger Three and Four Bedroom Rentals in New Orleans CBD?

For those who are looking for larger living arrangements, Three Bedroom Apartments in New Orleans CBD range from $2,215 to $6,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $5,500 to $7,900. Four Bedroom Single-Family rentals are also available starting from $3,300 and Four Bedroom Apartments start at $9,240.

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.

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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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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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.

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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.