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Apartments for Rent in New Orleans, LA under $900 – 60 Rentals available


The average rent in New Orleans reached $1,165 in October

The average rent in New Orleans reached $1,165 in October, after a 1.5% 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 $1,464. [View Full Report]

New Orleans apartment rent report

The average rent in New Orleans was $1,165 in October

The average rent in New Orleans reached $1,165 in October, after a 1.5% 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 $1,464. 

New Orleans rent compared to other surrounding cities

This October, the average rent for an apartment in New Orleans has decreased compared to other surrounding cities such as Kenner ($879, up 2.4%), or Metairie, where rent went up 3.7%, reaching $989.

  

The priciest and cheapest cities for renters in the New Orleans area

Excluding New Orleans, River Ridge is the priciest city for renters in the area, with apartments going for $1,122 per month. Mandeville is next, with an average rate of $1,118, followed by Covington, where monthly apartment rates go for $1,085.

Rents in Kenner ($879), Gretna ($913) and Harvey ($958) are joined by Metairie ($989) as the most budget-friendly in the New Orleans area, all of them under the $1,000 mark.

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.

New Orleans, LA Demographics

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

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 apartments in New Orleans, LA under $900

Are you looking for a smart space where you can easily combine comfort with convenience? You will surely find the property that perfectly fits your needs with this variety of options. RENTCafé offers you 62 apartments for rent in New Orleans, LA from 11 modern buildings, so you’ll certainly find something suitable for you. If you want to live alone or with your partner, you might want to look for a studio or browse through our selection of 1 bedroom apartments. If you need more space but you don’t want to spend more than necessary on a monthly rent, check out our 2 bedroom or 3 bedroom apartments for less than $900, and make the most out of your budget.

Finding the best rental near you

New Orleans, LA is an amazing place to call home, with several rentals under $900 for you to choose from. There are many options and filters you can apply to your search to make the process easier and to find your next apartment faster and more efficiently. Asking yourself ‘are there any cheap apartments near me’? With our helpful filters, you can easily find the home of your dreams that also fits within your budget. With rent prices as low as $600 in New Orleans, LA, you can find affordable and appealing apartments that match your requirements. Sort your search by ‘Rent’ ascending to see the cheapest ones at the top of the list. As soon as you find your perfect apartment, make sure to contact the property to check for availability or apply online directly on RENTCafé.

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