Cheap Apartments for Rent in the Touro Neighborhood of New Orleans, LA from $500 (14 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
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1711 Second St
Studio to 1 Bedroom Apartments

1711 Second St

1711 Second StNew Orleans, LA 70113

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Touro, New Orleans, LA Local Guide

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 $1,104. 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$1,104
The Muses Apartment HomesModel 2A2BR,2BA$1,500
1643 JosephineCalliope1BR,1BA$1,718

Best Value Apartments for Rent in Touro, LA

As of December 12, 2025 the best value apartment in the Touro area is the $1.84 price per square foot 1617 Soniat St Model at 1617 Soniat St, Unit 1617 Soniat in the in the Audubon neighborhood starting from $2,500. The second greatest value Touro apartment is the 2533 Amelia St Model at 2533 Amelia St starting at $2,400 with a $1.85 price per square foot in the West Riverside 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.
1617 Soniat St, Unit 1617 Soniat1617 Soniat St2BR,1BA$1.84
2533 Amelia St2533 Amelia St3BR,2BA$1.85
1014 Washington Avenue, Unit 1014 Washington Avenue1014 Washington Avenue2BR,2BA$1.40
4422 Carondelet Street4422 Carondelet Street2BR,2.5BA$2.08
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
2415 Saint Charles Ave, Unit Apartment H2415 Saint Charles Ave2BR,2BA$1.75
5024 Magazine St, Unit D5024 Magazine St2BR,1BA$2.07
The Muses Apartment HomesModel 2A2BR,2BA$1.85

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.

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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
Touro, New Orleans, LA

Ranked #86

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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 $1,718.

What is the price of a cheap apartment in Touro?

The cheapest apartment in Touro is 1643 Josephine which is listed at $1,848, while the average apartment in Touro costs $15,164.

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 14 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 $386 which is $14,778 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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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.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!