French Quarter, New Orleans, LA Rental Market Trends
Last updated: October 19, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in French Quarter is $2,547, a 4.69% decrease compared to the previous year, when the average rent was $2,673.
One-bedroom apartments provide 698 square feet for $1,875, balancing privacy and affordability.
Two-beedroom units at $3,168 offer 1,370 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,478 sq ft) for $2,970, suitable for larger households.
Average rent in French Quarter, New Orleans, LA
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $2,547 | 1,076 sq. ft. |
| Studio | n/a | n/a |
| 1 Bed | $1,875 | 698 sq. ft. |
| 2 Beds | $3,168 | 1,370 sq. ft. |
| 3 Beds | $2,970 | 1,478 sq. ft. |
French Quarter, New Orleans, LA rent trends
Rental prices in French Quarter, New Orleans, LA have decreased by 4.69% over the past year. The average rent moved from $2,673 to $2,547.
What's the typical rent budget in French Quarter, New Orleans, LA?
The largest share of rentals in French Quarter, New Orleans, LA (36%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in French Quarter, New Orleans, LA?
1,299 or 61% of the households in French Quarter, New Orleans, LA are renter-occupied while 814 or 39% are owner-occupied.
Most affordable neighborhoods in French Quarter?
West Lake Forest $924/month
Little Woods $943/month
Pines Village $990/month
All of these neighborhoods fall below the city wide average of $1,383/month.Most expensive neighborhoods in French Quarter?
New Orleans Central Business District $2,112/month
Bywater $2,334/month
French Quarter $2,547/month
These neighborhoods typically command higher rents due to location, amenities, and demand.Average Rent in New Orleans, LA By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| French Quarter | $2,547 |
| Bywater | $2,334 |
| New Orleans Central Business District | $2,112 |
| Mid-City New Orleans | $1,746 |
| Central City New Orleans | $1,665 |
| Lower Garden | $1,665 |
| Tulane - Gravier | $1,450 |
| Gert Town | $1,368 |
| Treme - Lafitte | $1,326 |
| Old Aurora | $1,051 |
| Tall Timbers - Brechtel | $1,045 |
| Pines Village | $990 |
| Little Woods | $943 |
| West Lake Forest | $924 |
New Orleans | Rent Comparison by Neighborhood
Rent in French Quarter is 9% higher than in Bywater
French Quarter rent is the same as New Orleans average
Bywater rent is 8% lower than New Orleans average
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all French Quarter apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.