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3 Bedroom Apartments for Rent in New Orleans, LA - 51 Rentals available

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The average rent in New Orleans reached $1,152 in December

The average rent in New Orleans reached $1,152 in December, after a 2.6% decrease since last year. A renter-majority city (53%), New Orleans is a diverse and vibrant place to live in, with apartment rents below the national average of $1,462. [View Full Report]

New Orleans apartment rent report

The average rent in New Orleans was $1,152 in December

The average rent in New Orleans reached $1,152 in December, after a 2.6% decrease since last year. A renter-majority city (53%), New Orleans is a diverse and vibrant place to live in, with apartment rents below the national average of $1,462.

This December, the average rent for an apartment in New Orleans has decreased compared to other surrounding cities such as Kenner ($874, up 2.1%), or Metairie, where rent went up 3.6%, reaching $989.

New Orleans apartment rent report

What it costs to rent in the New Orleans metro area

Despite a 1.3% increase, Gretna rentals are the second most budget-friendly option in the New Orleans area, with an average price of $911, following Kenner. At $944 a month following a 0.9% decrease, renting in Harvey is the third best option, followed by Metairie, which comes in fourth. These are the only cities that fall below the $1,000 threshold. Excluding New Orleans, River Ridge is the priciest city for renters in the area, with apartments going for $1,119 per month after a 2.8% increase. Mandeville is next, with an average rate of $1,099, 3.0% higher than last year, followed by Covington, where monthly apartment rates went up 2.8%, going for $1,078.

New Orleans apartment rent report

Methodology

RENTCafe.com is a nationwide apartment search website that enables renters to easily find apartments and houses for rent throughout the United States. 

The data on average rents included in our reports comes directly from competitively-rented (market-rate) large-scale multifamily properties (50+ units in size), via telephone survey. The data is compiled and reported by our sister company Yardi Matrix, a business development and asset management tool for brokers, sponsors, banks and equity sources underwriting investments in the multifamily, office, industrial and self-storage sectors. Fully-affordable properties are not included in the survey and are not reported in rental rate averages. Local rent reports include only cities with a statistically-relevant stock of large-scale multifamily properties of 50+ units.

Look for 3 bedroom apartments near me

Are you looking to upgrade to a larger apartment? Are there certain requirements that you and your family need to be able to find the perfect apartment? Browse 3 bedroom apartments near you on RENTCafé to find the one that fits your family. Filter by size, price, and amenities both inside and outside the apartment, and check reviews by verified residents, to make sure you are choosing the apartment that is perfect for you and your family.

Browse for 3 bedroom apartments near you, whether you want to stay in the same neighborhood or ZIP code, or in any city in the U.S. that you plan on moving to. We can help you find the one that is near all the essential places, such as stores, parks, schools and even your job, at the price that suits your budget. Your next home is waiting, let's find it!

Frequently Asked Questions

What is the price of a 3 bedroom apartment in New Orleans, LA?

The price range of a 3 bedroom apartment is between $1,250 and $5,000. Search 3 bedroom apartments in New Orleans, LA.

How many 3 bedroom apartments for rent are available in New Orleans, LA on RENTCafé?

There are 44 3 bedroom rentals available on RENTCafé. Prices and availability in New Orleans, LA were last updated on 16 Jan 2021.

What is the average size of a 3 bedroom apartment in New Orleans, LA?

The average New Orleans, LA 3 bedroom apartment size is 1,374 sq. ft.

What are the advantages of renting a 3 bedroom apartment in New Orleans, LA?

Renting a 3 bedroom apartment offers extra space compared to a 2 bedroom apartment, suited for a family or for sharing it with someone else.

What are the downsides of renting a 3 bedroom apartment in New Orleans, LA?

A 3 bedroom apartment is more expensive than smaller units and it usually comes with higher utility costs. You might be interested in studio apartments, 1 bedroom apartments or 2 bedroom apartments, or browse all RENTCafé apartments for rent in New Orleans, LA.

New Orleans, LA Demographics

  • Total Population389,648
  • Female 185,377
    Male 204,271
  • Median Age36.3

Average Rent in New Orleans, LA

  • New Orleans, LA Average Rental Price, October 2020 $1,166 /mo

New Orleans, LA Apartment Rent Ranges

  • $501-$70012%
  • $701-$1,00040%
  • $1,001-$1,50027%
  • $1,501-$2,00014%
  • > $2,0007%

New Orleans, LA Rent Trends

Average Rent Nov / 2017 Mar / 2018 Jul / 2018 Nov / 2018 Mar / 2019 Jul / 2019 Oct / 2019 Nov / 2019 Mar / 2020 Jul / 2020 Oct / 2020
New Orleans, LA $1,090 $1,087 $1,106 $1,110 $1,134 $1,154 $1,189 $1,193 $1,186 $1,169 $1,166
National $1,377 $1,380 $1,417 $1,426 $1,430 $1,466 $1,466 $1,473 $1,474 $1,461 $1,464
/

Check out the average rent prices in New Orleans by neighborhood.

New Orleans, LA Households

  • Total Number of Households154,036
  • Family 73,443
    Non-family 80,593
  • Children 34,027
    No Children 120,009
  • Average People Per Household2.44
  • Median Household Income$39,576
  • Median Housing Costs Per Month$995

New Orleans, LA Education Statistics

  • No High School4%
  • Some High School34%
  • Some College24%
  • Associate Degree4%
  • Bachelor Degree20%
  • Graduate Degree14%

Renting a 3 bedroom in New Orleans, LA

In New Orleans, LA 3 bedroom rental apartments are typically a top choice for families with children or roommates sharing living space. The former choose them for the need of extra space. The latter choose them for the need to save money. The conclusion? 3 bedroom apartments offer more space (1,118 Sq.Ft. on average) at a good price (usually, around $2,095 per month). Whether you’re Jess from New Girl or a cool couple with 2 kids who want to live downtown, a 3 bedroom apartment for rent in the heart of New Orleans, LA is the answer to your questions. Typically, only about 10 to 20% of apartments are three bedroom rentals, so they may be a little harder to find than smaller apartments. However, New Orleans, LA has 12 apartment buildings that have 3 bedroom floor plans available to rent, totaling about 51 units.

How to find a cheap 3 bedroom apartment in New Orleans, LA for you and your family

Are the two of you about to become three and need to find a rental apartment a.s.a.p.? Need to have one master bedroom, one bedroom for the nursery and one bedroom for an office that on occasion serves as a guest bedroom? And last, but not least, you need a rent payment that won’t entirely swallow both your paychecks? You should take a look at listings of cheap 3 bedroom apartments. Sort your results by “Rent” ascending to display the lowest-priced listings first. Browse photos, take a look at the list of amenities and read the listing descriptions to see which one appeals to you the most. Some rentals go for as little as $987 per month. You can further filter your results by number of baths or check the amenities that are important to you by opening up the “More” menu. Child care, playground and controlled access/gated are the most popular features for families. Save your search and get notified by email when new units the meet your criteria become available.

Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!