New Orleans East, New Orleans, LA Rental Market Trends
Last updated: October 20, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in New Orleans East is $940, a 0.08% increase compared to the previous year, when the average rent was $939.
One-bedroom apartments provide 651 square feet for $830, balancing privacy and affordability.
Two-beedroom units at $957 offer 998 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,285 sq ft) for $1,338, suitable for larger households.
Average rent in New Orleans East, New Orleans, LA
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $940 | 890 sq. ft. |
| Studio | n/a | n/a |
| 1 Bed | $830 | 651 sq. ft. |
| 2 Beds | $957 | 998 sq. ft. |
| 3 Beds | $1,338 | 1,285 sq. ft. |
New Orleans East, New Orleans, LA rent trends
Rental prices in New Orleans East, New Orleans, LA have increased by 0.08% over the past year. The average rent moved from $939 to $940.
What's the typical rent budget in New Orleans East, New Orleans, LA?
The largest share of rentals in New Orleans East, New Orleans, LA (80%) fall between - per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in New Orleans East, New Orleans, LA?
10,489 or 44% of the households in New Orleans East, New Orleans, LA are renter-occupied while 13,404 or 56% are owner-occupied.
Most affordable neighborhoods in New Orleans East?
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 New Orleans East?
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 Bywater is 40% higher than in Central City New Orleans
Bywater rent is 148% higher than New Orleans average
Central City New Orleans rent is 77% higher 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 New Orleans East 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.