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Apartments for Rent in New Orleans, LA
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Average rent in New Orleans, LA

$1,333/mo New Orleans, LA average rental price, February 2023
Image Average Rent

The average monthly rent of apartments in New Orleans, LA is $1,333.

New Orleans, LA apartment rent ranges

About 30% of apartment rents in New Orleans, LA range between $1,001-$1,500. Meanwhile, apartments priced over $1,501-$2,000 represent 20% of apartments. Around 36% of New Orleans’s apartments are in the $701-$1,000 price range. 3% of apartments are priced between $501-$700.

New Orleans, LA rent trends

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

Compared to the national average rent of $1,702, the average rent in New Orleans, LA is $1,333.

Getting around in New Orleans, LA

6 /100
Car-Dependent
35 /100
Some Transit
27 /100
Somewhat Bikeable
Walk Score®: 6, Transit Score®: 35, Bike Score®: 27

Frequently asked questions

When were prices and availability in New Orleans, LA last updated?

Prices and availability in New Orleans, LA were last updated on 29 Mar 2023.

What are the best apartments in New Orleans, LA?

The best apartments in New Orleans, LA are: Four Winds New Orleans, Aloysius Apartments, The Convent, River Garden on St. Andrew and Bienville Basin Apartments.

What is the average rent in New Orleans, LA?

The average rent in New Orleans, LA is $1,333. Start your search for apartments in New Orleans, LA now.

What is the price range for a studio apartment in New Orleans, LA?

The price range for a studio apartment in New Orleans, LA is between $1,300 and $3,505. View all studio apartments in New Orleans, LA.

What is the price range for a 1-bedroom apartment in New Orleans, LA?

The price range for a 1-bedroom apartment in New Orleans, LA is between $600 and $4,624. Browse all available 1-bedroom apartments in New Orleans, LA now.

What is the price range for a 2-bedroom apartment in New Orleans, LA?

The price range for a 2-bedroom apartment in New Orleans, LA is between $800 and $11,806. Browse and find a 2-bedroom apartment in New Orleans, LA.

What is the price range for a 3-bedroom apartment in New Orleans, LA?

The price range for a 3-bedroom apartment in New Orleans, LA is between $1,250 and $7,800. Browse all available 3-bedroom apartments in New Orleans, LA.

What type of rental buildings are in New Orleans, LA?

In New Orleans, 52% of the residents are renting compared to 48% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 13% of New Orleans’s rentals, 66% are small-scale complexes with under 50 units, and 21% are single-family rentals.

What do typical apartment communities look like in New Orleans, LA?

The average age of rental buildings in New Orleans is 29 years old, with 49% being newer apartment buildings completed since 2000. The average height of apartment buildings in the city is 5 stories, of which 69% are garden-style apartment communities, 25% are mid-sized buildings, and 6% are high-rises. These characteristics describe large-scale apartment communities of 50 apartments or more.

What apartment floorplans are common in New Orleans, LA?

Rental apartments in New Orleans come in a range of sizes and floorplans. Studio apartments represent 3% of units for rent, ideal for singles, renters on a budget and people who value central locations more than space. Rentals with 1-bedroom floorplans make up 48% of the total apartments in the city, while 2-bedroom floorplans represent around 38% of all rentals in New Orleans. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.

New Orleans, LA in the news

Renter's guide to New Orleans, LA

New Orleans, the largest city in Louisiana and one of the top twenty largest cities in the United States, is 80 miles from the capital city of Louisiana, Baton Rouge, and an easy 90-minute drive along I-10. Houston is 350-miles away – about five hours by car, while Atlanta can be reached in about seven hours through mostly interstate driving.

The city of New Orleans is well-known for its colorful celebration of Mardi Gras, its infamous jazz, and a laid back, party lifestyle. If you want some proof to back up the city’s party nature, consider this: New Orleans has been named the no. 1 U.S. city by bars per capita, best city for single people, and the top travel destination for sports lovers. But that’s not the only thing the city excels at; New Orleans also got countless shout-outs for being one of the best cities for young entrepreneurs.

Overlooking the Mississippi River, the city has an international reputation as a major U.S. port, with ship access available to connect the city to the Gulf of Mexico – about 100 miles down the river.

New Orleans has over 1 ½ times the population of Birmingham, AL with similar demographics. Compared to other cities in Louisiana, New Orleans is the largest, followed by the capital Baton Rouge, with Shreveport coming in on the third place.

The city’s southern location brings about a subtropical, humid climate: during the short winters, temperatures average around 50ºF; in the wet summers, average temperatures reach 83ºF. Most rain occurs during the summer months, with autumn and winter seeing less precipitation. Typically, the mildest whether occurs during the spring, just in time for the world famous Mardi Gras celebrations.

Tips for renting in New Orleans, LA

Renting in New Orleans requires an understanding of the rental environment. In general, tenants have less leverage than landlords do. When it comes to evictions, month-to-month renters can be evicted after ten days’ notice by the landlord for any reason, and failing to pay rent or other lease violations requires only five days’ notice.

In New Orleans, the weather is a major concern for renters. The city’s susceptibility to hurricanes and major storms makes renters insurance a necessity. It is important to keep in mind that, if a rented facility is damaged from weather-related events, the lease may be terminated.

Things for renting

New Orleans, LA demographics

New Orleans, LA has a population of 383,974 according to the most recent data from the U.S. Census Bureau. 201,642 of New Orleans’s residents are women and 182,332 are men. The median age of those who live in New Orleans, LA is 37.7.

Living in New Orleans, LA

New Orleans offers plenty of options for recreation, entertainment, business, and more. So much so, that certain negative aspects are bound to accompany the positives. New Orleans has a long-standing reputation as a global cultural capital. French, Spanish, and African heritages have blended in New Orleans for hundreds of years, resulting in a delicious, multidimensional cuisine, colorful festivals and parades, and the birth of jazz music. There are Mardi Gras celebrations, countless top-rate jazz clubs, late night bars in the French Quarter, dance clubs on Bourbon Street, and pretty much every type of restaurant imaginable.

But cons made their way as well. Humidity in the summertime makes late August and September feel particularly hot, and throughout the year, the influx of tourists can clog some of the streets. Tropical storms and hurricanes are not all that uncommon for New Orleans, but steps have been taken to improve the evacuation process in case such phenomena occurs.

Crime rates have increased partly as a result of this dilapidation, with violent crime occuring primarily in lower income neighborhoods. The substantial diversity of New Orleans causes some unrest in the community, but for the most part differing cultures have coexisted and thrived in the city for years.

New Orleans, LA households

  • 71,845 Family
    84,741 Non-family
  • 33,269 Children
    123,317 No Children
  • 156,586Total Number of Households
  • 2.37Average People Per Household
  • $45,594Median Household Income

According to U.S. Census data, there are 156,586 households in New Orleans, LA. 71,845 are family households and 84,741 are non-family households. There are 33,269 households with children in New Orleans and 123,317 households without children. On average, about 2.37 people live in a household in New Orleans, LA.

Things to do in New Orleans, LA

Opportunities for recreation are endless in New Orleans. Residents can enjoy a break from the colorful bustle of the city in the beautiful City Park, one of the ten most visited urban parks in the United States. City Park houses the world’s largest collection of live oak trees, including the famous Dueling Oaks. For shopping, the Outlet Collection at Riverwalk includes over 70 brand name stores. Jackson Square houses beautiful examples of architecture through the centuries, with buildings influenced by Catholic, colonial, and classical traditions.

Bourbon Street includes some of the oldest bars in the U.S., and the street remains one of the few public places – along with the rest of the French Quarter – that allows open containers of alcohol.

For more family-friendly fun, the Superdome hosts the New Orleans Saints football team and a number of prestigious concerts. The Smoothie King Center also serves as a venue for concerts as well as home to the New Orleans Pelicans basketball team.

Things to do

For more family-friendly fun, the Superdome hosts the New Orleans Saints football team and a number of prestigious concerts. The Smoothie King Center also serves as a venue for concerts as well as home to the New Orleans Pelicans basketball team.

Many annual events occur in New Orleans. The world-renowned Mardi Gras celebrations last for about two weeks in early March, depending on the date of Easter. Parades run daily, with some days featuring multiple parades of colorful marchers adorned with beads and elaborate costumes. The New Orleans Jazz & Heritage Festival is also held annually, celebrating this unique form of music and culture that originated in New Orleans.

Things to do

New Orleans, LA employment & economy

Perhaps the largest component of the New Orleans economy revolves around tourism. Nearly half of the city’s tax revenues come from tourism, with related industries like hospitality, convention events, and transportation services adding their significant share to the local economy. Outside of tourism, New Orleans’ position as a key port city provides substantial employment opportunities in shipping, logistics, and commodities.

Given its proximity to the oil-rich Gulf of Mexico, oil rigging has provided plenty of jobs as well. Consequently, New Orleans has attracted employers like Entergy, a Fortune 500 company specializing in power generation and nuclear power plant operations.

Education in New Orleans, LA

Educational institutions include Tulane University, Loyola University New Orleans, the University of New Orleans, and the Xavier University of Louisiana, the only historically black Catholic university in the U.S.

New Orleans, LA education statistics

The level of education of the population of New Orleans, LA is as follows: 3% have no high school education, 32% completed some high school, 24% partially completed college, 5% have an Associate Degree, 21% have a Bachelor Degree, and 16% have a Graduate Degree.

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