Apartments for Rent in New Iberia, LA

The average rent in New Iberia, LA is $947.

In New Iberia, 49% of the residents are renting compared to 51% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 5% of New Iberia's rentals, 37% are small-scale complexes with under 50 units, and 53% are single-family rentals.

The age and size of multifamily buildings are among the most visible characteristics of the rental market in a city. In this case, the apartment buildings in New Iberia are about 39 years old, on average. Of these, 15% have been built since 2000, representing the newer options on the market and typically offering more amenities. Rental buildings in the city have an average height of 2 stories. About all of the rental communities here are low-rise, garden-style communities, none are mid-rises, and none are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.

Studio apartments in New Iberia are around 0% of rentals, while 1-bedroom floor plans represent 20% of the total stock. For those in search of larger rentals, 2-bedroom floorplans make up 55% of all rentals. More generous apartments with 3 bedrooms or more are also available in this city for those in search of more space.