New Orleans, LA Rental Market Trends
What is the average rent in New Orleans?
The average rent for an apartment in New Orleans is $1,406. The cost of rent varies depending on several factors, including location, size, and quality.
Average rent in New Orleans, LA
Average Rent | Average Apartment Size |
---|---|
$1,406 | 894 sq. ft. |
What is the average apartment size in New Orleans?
The average size for a New Orleans, LA apartment is 894 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
New Orleans, LA apartment rent ranges
New Orleans, LA Occupied Housing Units
78,944 or 51% of the households in New Orleans, LA are renter-occupied while 76,725 or 49% are owner-occupied.
New Orleans, LA rent trends

Average Rent in New Orleans, LA By Neighborhood
City | Average Rent |
---|---|
Bywater | $2,129 |
Florida | $2,129 |
Holy Cross | $2,129 |
Lower Ninth Ward | $2,129 |
Marigny | $2,129 |
St. Claude | $2,129 |
Freret | $2,050 |
Milan | $2,050 |
Touro | $2,050 |
Uptown New Orleans | $2,050 |
Central City New Orleans | $1,920 |
New Orleans Central Business District | $1,908 |
Iberville | $1,893 |
French Quarter | $1,838 |
Garden District | $1,831 |
Irish Channel | $1,831 |
Lower Garden | $1,784 |
St. Thomas | $1,784 |
Treme - Lafitte | $1,758 |
Tulane - Gravier | $1,758 |
B. W. Cooper | $1,758 |
Broadmoor | $1,758 |
Lakeshore - Lake Vista | $1,654 |
Lakeview | $1,654 |
Navarre | $1,654 |
West End New Orleans | $1,654 |
Audubon | $1,650 |
Riverside | $1,650 |
New Orleans City Park | $1,636 |
Bayou St. John | $1,636 |
Fairgrounds | $1,636 |
Mid-City New Orleans | $1,636 |
Seventh Ward | $1,636 |
St. Roch | $1,597 |
Dillard | $1,507 |
Fillmore | $1,507 |
Gentilly Terrace | $1,507 |
Lake Terrace & Oaks | $1,507 |
Milneburg | $1,507 |
St. Anthony | $1,507 |
St. Bernard | $1,507 |
Gert Town | $1,439 |
Marlyville - Fontainebleau | $1,439 |
Lakewood | $1,195 |
Black Pearl | $1,113 |
Dixon | $1,113 |
East Carrollton | $1,113 |
Hollygrove | $1,113 |
Leonidas | $1,113 |
Algiers Point | $1,063 |
Behrman | $1,063 |
Fischer | $1,063 |
McDonogh | $1,063 |
U. S. Naval Base | $1,063 |
Whitney | $1,063 |
Tall Timbers - Brechtel | $1,048 |
New Aurora - English Turn | $1,042 |
Old Aurora | $1,042 |
Viavant - Venetian Isles | $944 |
West Lake Forest | $944 |
Read Boulevard | $936 |
Little Woods | $935 |
Desire | $935 |
Gentilly Woods | $935 |
Pines Village | $935 |
Plum Orchard | $935 |
Pontchartrain Park | $935 |
What are the most affordable neighborhoods in New Orleans?
The most affordable neighborhoods in New Orleans are Desire, where the average rent goes for $935/month, Gentilly Woods, where renters pay $935/mo on average, and Pines Village, where the average rent goes for $935/mo. If you’re looking for other great deals, check out the listings from Plum Orchard ($935), Pontchartrain Park ($935), and Little Woods ($935), where the asking prices are below the average New Orleans rent of $1,406/mo.
What are the most expensive neighborhoods in New Orleans?
The most expensive neighborhoods in New Orleans are Lower Ninth Ward ($2,129), Marigny ($2,129) and St. Claude ($2,129).
What are the most popular neighborhoods in New Orleans?
The most popular neighborhood in New Orleans is New Orleans Central Business District, where there are 8 listings with an average rent of $1,908. Next up is Lower Garden, where apartments go for $1,784/month, followed by French Quarter with $1,838 If you’re looking to rent in New Orleans’s most popular neighborhoods, make sure to also check out Gert Town, where renters pay $1,439 on average, and Tall Timbers - Brechtel, where the average monthly rent is $1,048.
New Orleans | Rent Comparison by Neighborhood
Rent in Algiers Point is 36% lower than in Audubon
Algiers Point rent is 24% lower than New Orleans average
Audubon rent is 17% higher than New Orleans average
How New Orleans Compares to Other Cities
State | Average Rent |
---|---|
Lafayette | $1,122 |
Baton Rouge | $1,244 |
New Orleans | $1,406 |
Slidell | $1,317 |
Shreveport | $1,345 |
Hammond | $1,213 |
Lake Charles | $1,048 |
Ruston | $1,419 |
Youngsville | $1,377 |
Denham Springs | $1,254 |
Alexandria | $1,024 |
Covington | $1,448 |
Gretna | $1,120 |
Mandeville | $1,364 |
Destrehan | $1,098 |
Kenner | $1,097 |
What is the average price for a storage unit in New Orleans?
The average rent for a non-climate-controlled 10'x10' storage unit in New Orleans is $116.6. Rental costs vary depending on several factors, including unit size and the storage facility's location and amenities.