Cheap Homes for Rent in New Orleans CBD Neighborhood of New Orleans, LA from $1,000 (29 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 807 Bourbon St

$1,000 - $1,100

1 Bedroom Rentals

Available Now

807 Bourbon St

New OrleansLA70116
property at 708 Orleans St

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100

Total Monthly Price
$1,100

Studio, 1 Bath Home for Rent

Available Now

708 Orleans St

New OrleansLA70116

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

property at 1112 Royal St

$1,450

Total Monthly Price

Total Monthly Price

Base Rent
$1,450

Total Monthly Price
$1,450

1 Bedroom, 1 Bath Home for Rent

Available Now

1112 Royal St, Unit A, Unit A

1112 Royal St
New OrleansLA70116
property at 1323 Dauphine St

$1,450

Total Monthly Price

Total Monthly Price

Base Rent
$1,450

Total Monthly Price
$1,450

1 Bedroom, 1 Bath Condo for Rent

Available Now

1323 Dauphine St, Unit 3, Unit 3

1323 Dauphine St
New OrleansLA70116

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.

property at 741 Dauphine St

$1,450

Total Monthly Price

Total Monthly Price

Base Rent
$1,450

Total Monthly Price
$1,450

1 Bedroom, 1 Bath Home for Rent

Available Now

741 Dauphine 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

$1,550

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

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.

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
property at 521 Dumaine St

$1,650

Total Monthly Price

Total Monthly Price

Base Rent
$1,650

Total Monthly Price
$1,650

2 Bedroom, 2 Bath Home for Rent

Available Now

521 Dumaine St

New OrleansLA70116
property at 1005 Decatur St

$1,700

Total Monthly Price

Total Monthly Price

Base Rent
$1,700

Total Monthly Price
$1,700

1 Bedroom, 1 Bath Home for Rent

Available Now

1005 Decatur St

New OrleansLA70116

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.

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 200 Carondelet priced from $427. Bienville Basin Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,200. Here are the most affordable New Orleans CBD apartments for rent in New Orleans, LA:

Apartment ListingModel NameBed/BathPriced From
200 Carondelet1x1-c1g-tc301BR,1BA$427
Bienville Basin Apartments1 Bedroom Apartment1BR,1BA$1,200
Moss-Bauer1x11BR,1BA$1,200
Hibernia Tower Apartments1 Bedroom1BR,1BA$1,272
925 CommonThe HarmonyStudio,1BA$1,351
The Strand Apartments1 Bedroom Apartment1BR,1BA$1,440
DH Holmes Apartments1 Bedroom1BR,1BA$1,454
The Odeon at South MarketModernStudio,1BA$1,464
Thirteen15DStudio,1BA$1,485
930 Poydras1 bedroom1BR,1BA$1,495

Best Value Apartments for Rent in New Orleans CBD, LA

As of April 27, 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 2 Bedroom Apartment Model at The Strand Apartments starting at $1,948 with a $1.50 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 Apartments2 Bedroom Apartment2BR,2BA$1.50
Gravier Place Apartments2 Bedroom Apartment2BR,2BA$1.65
Bienville Basin Apartments1 Bedroom Apartment1BR,1BA$1.14
The Pythian Apartments2 Bedroom 1 Bath2BR,1BA$1.90
City Square 1622 Bedroom2BR,1BA$1.88
1201 Canal Apartments4012BR,2BA$2.05
Moss-Bauer1x11BR,1BA$1.60
930 Poydras1 bedroom1BR,1BA$2.03
200 CarondeletStudio-csc-mktStudio ,1BA$2.08

Frequently Asked Questions about New Orleans CBD

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

There are currently 242 Apartments for Rent in New Orleans CBD, LA with pricing that ranges from $246 to $21,101. There are also 76 Single Family Homes for rent, Condos, and Townhome rentals currently available in New Orleans CBD ranging from $1,075 to $9,500.

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 $1,075 to $9,500 with an average monthly rent of $2,341.

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

decorative image for A Local Expert’s Top Budget-Friendly Neighborhoods to Rent in New Orleans article

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.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.