Cheap Homes for Rent in Sherwood Forest Neighborhood of New Orleans, LA from $1,000 (5 Rentals)

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

property at 5227 Cannes St

5227 Cannes St

New OrleansLA70129

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

property at 5227 Cannes St

5227 Cannes St

New OrleansLA70129

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 7830 Means Ave

7830 Means Ave

New OrleansLA70127

Sherwood Forest, New Orleans, LA Local Guide

Cheapest Available Sherwood Forest Apartments for Rent

 

The cheapest available apartment rental in the Sherwood Forest area of New Orleans, LA is a 1 Bed unit found at Carmel Brook priced from $760. Laguna Reserve has the second lowest priced unit, which is a 1 Bed apartment currently listed from $785. Here are the most affordable Sherwood Forest apartments for rent in New Orleans, LA:

Apartment ListingModel NameBed/BathPriced From
Carmel BrookBasin1BR,1BA$760
Laguna Reserve1 Bedroom1BR,1BA$785
Haltere at New Orleans1 Bedroom 1 Bathroom1BR,1BA$835

Best Value Apartments for Rent in Sherwood Forest, LA

As of October 15, 2025 the best value apartment in the Sherwood Forest area is the $1.00 price per square foot 2 Bed / 1.5 Bath Model at Lakeland Manor in the in the Edgelake neighborhood starting from $1,000. The second greatest value Sherwood Forest apartment is the 1 Bedroom Model at Laguna Reserve starting at $785 with a $1.05 price per square foot in the Lake Forest East neighborhood. Here is today’s list of the best values for Sherwood Forest apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Lakeland Manor2 Bed / 1.5 Bath2BR,1.5BA$1.00
Laguna Reserve1 Bedroom1BR,1BA$1.05
Cove At NOLA (Patriot Cove)1 Bed 1 Bath1BR,1BA$1.40
Haltere at New Orleans1 Bedroom 1 Bathroom1BR,1BA$1.24
Mark VIIA1BR,1BA$1.93
Carmel BrookBasin1BR,1BA$1.41
Siegel Select New OrleansStudio w/ kitchenStudio ,1BA$5.28

Quick Rent Budget Calculator

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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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Pet Friendly Lifestyle
Sherwood Forest, New Orleans, LA

Ranked #37

Among cities in Louisiana for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Frequently Asked Questions about Sherwood Forest

What type of rentals are currently available in Sherwood Forest?

There are currently 51 Apartments for Rent in Sherwood Forest, LA with pricing that ranges from $700 to $1,544. There are also 6 Single Family Homes for rent, Condos, and Townhome rentals currently available in Sherwood Forest ranging from $1,050 to $2,100.

What is the current price range for Rental Homes in Sherwood Forest?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Sherwood Forest ranges from $1,050 to $2,100 with an average monthly rent of $1,465.

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.

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 How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.