Apartments for Rent in New Orleans, LA

The best apartments in New Orleans, LA are: Esplanade at City Park, The Odeon at South Market, The Paramount at South Market, DH Holmes Apartments and The Pythian Apartments.

The average rent in New Orleans, LA is $1,406.

The price range for a studio apartment in New Orleans, LA is between $850 and $5,319.

The price range for a 1-bedroom apartment in New Orleans, LA is between $595 and $4,574.

The price range for a 2-bedroom apartment in New Orleans, LA is between $506 and $9,732.

The price range for a 3-bedroom apartment in New Orleans, LA is between $578 and $4,517.

In New Orleans, 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 13% of New Orleans's rentals, 66% are small-scale complexes with under 50 units, and 20% are single-family rentals.

The average age of rental buildings in New Orleans is 30 years old, with 53% being newer apartment buildings completed since 2000. The average height of apartment buildings in the city is 5 stories, of which 78% are garden-style apartment communities, 22% are mid-sized buildings, and 10% are high-rises. These characteristics describe large-scale apartment communities of 50 apartments or more.

Studio apartments in New Orleans are around 4% of rentals, while 1-bedroom floor plans represent 49% of the total stock. For those in search of larger rentals, 2-bedroom floorplans make up 37% of all rentals. More generous apartments with 3 bedrooms or more are also available in this city for those in search of more space.