Cheap Apartments for Rent in the Touro Neighborhood of New Orleans, LA from $500 (13 Rentals)

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

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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.

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Flint Goodridge
Studio to 2 Bedroom Apartments

Flint Goodridge

2425 Louisiana AveNew Orleans, LA 70115
Senior Living
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3615 St Charles Ave
1 Bedroom Apartments

3615 St Charles Ave

3615 St Charles AveNew Orleans, LA 70115
  • Utilities Included
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Forest Park
1 Bedroom Apartments

Forest Park

2309-2311 6th StNew Orleans, LA 70113
  • Utilities Included

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1711 Second St
Studio to 1 Bedroom Apartments

1711 Second St

1711 Second StNew Orleans, LA 70113

Cheapest Available Touro Apartments for Rent

 

The cheapest available apartment rental in the Touro area of New Orleans, LA is a Studio unit found at 4007 Prytania St priced from $1,025. The Georgian has the second lowest priced unit, which is a Studio apartment currently listed from $1,185. Here are the most affordable Touro apartments for rent in New Orleans, LA:

Apartment ListingModel NameBed/BathPriced From
4007 Prytania StStudioStudio,1BA$1,025
The GeorgianStudioStudio,1BA$1,185
The Muses Apartment HomesModel 2A2BR,2BA$1,500

Best Value Apartments for Rent in Touro, LA

As of February 02, 2026 the best value apartment in the Touro area is the $0.75 price per square foot 614 Fourth St Model at 614 Fourth St, Unit 614 in the in the Irish Channel neighborhood starting from $1,495. The second greatest value Touro apartment is the 1014 Washington Avenue Model at 1014 Washington Avenue, Unit 1014 Washington Avenue starting at $1,745 with a $1.40 price per square foot in the Irish Channel neighborhood. Here is today’s list of the best values for Touro apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
614 Fourth St, Unit 614614 Fourth St3BR,1BA$0.75
1014 Washington Avenue, Unit 1014 Washington Avenue1014 Washington Avenue2BR,2BA$1.40
4422 Carondelet Street4422 Carondelet Street2BR,2.5BA$2.08
3111 Magazine St, Unit 3111.53111 Magazine St2BR,1BA$1.25
1101 Marengo St, Unit Apt C1101 Marengo St3BR,1BA$1.41
2115 Marengo St, Unit C2115 Marengo St1BR,1BA$1.20
2821 Dryades St, Unit 28192821 Dryades St2BR,2BA$1.85
731 Toledano St731 Toledano St1BR,1BA$1.30
2420 Jena St, Unit 24202420 Jena St2BR,1BA$1.81
The Muses Apartment HomesModel 2A2BR,2BA$1.85

Frequently Asked Questions about Cheap Touro Apartments

What is a cheap apartment in Touro?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Touro is under $1,500.

What is the price of a cheap apartment in Touro?

The cheapest apartment in Touro is 1643 Josephine which is listed at $1,765, while the average apartment in Touro costs $12,939.

What types of apartments are the cheapest in Touro?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 10 regular apartments in Touro that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Touro?

Cheap apartments in Touro have an average cost of $377 which is $12,562 cheaper than the average rent for all rentals in Touro.

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

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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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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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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.