Best Affordable Neighborhoods for Renters in New Orleans

New Orleans is a city like no other. With its vibrant culture, historic charm and unbeatable food scene, it’s no surprise that so many renters are drawn to the Crescent City. But, like many popular destinations, the cost of living here can be a bit steep: On average, the cost of living in New Orleans is about 22% higher than the Louisiana state average and around 11% higher than the national average.

The good news? New Orleans still offers plenty of affordable neighborhoods where renters can enjoy the city’s rich lifestyle without breaking the bank, including:

• Tall Timbers-Brechtel
• Little Woods
• Old Aurora

Whether you’re new to the city or just searching for a more budget-friendly apartment, several areas offer a great balance of price, convenience and character. In this post, we’ll explore some of the best affordable neighborhoods for renters who want to call New Orleans home.

Let’s take a closer look at three of the top budget-friendly neighborhoods in New Orleans that deliver both affordability and charm.

Tall Timbers-Brechtel

Average rent as of February 2025: $1,050

If you’re looking for a peaceful, residential area that won’t strain your wallet, Tall Timbers-Brechtel is worth your attention. With an average rent of just $1,050 per month, this neighborhood stands out among New Orleans’ affordable neighborhoods. That’s because the area offers a suburban vibe with quiet streets, plenty of green spaces and a welcoming community feel.

Renters in Tall Timbers-Brechtel also enjoy easy access to Brechtel Park, which is a sprawling urban park that’s perfect for outdoor recreation.

Moreover, whether you’re into jogging, biking or relaxing under the oak trees, the neighborhood’s natural scenery is a major plus. The area also offers convenient access to grocery stores, schools, and public transportation, making it one of the best affordable neighborhoods for renters seeking both comfort and practicality.

Little Woods

Average rent as of February 2025: $950

When it comes to budget-friendly neighborhoods in New Orleans, Little Woods is hard to beat. With an average rent of only $950 per month, it’s one of the most affordable options in the city. Located along the eastern edge of Lake Pontchartrain, Little Woods offers a scenic setting for those who appreciate water views — without the luxury price tag.

Plus, apartments in Little Woods are often spacious and close to nature with nearby parks and walking trails that are ideal for anyone who loves the outdoors. Renters also enjoy easy access to Interstate 10, which makes commuting to downtown New Orleans straightforward. So, if you want a relaxed pace of life with quick city connections, Little Woods is one of the best affordable neighborhoods to consider.

Old Aurora

Average rent as of February 2025: $1,067

Old Aurora offers the best of both worlds — affordability and a charming, neighborly vibe. The average rent here is $1,067 per month, which is a great deal compared to other New Orleans neighborhoods. Located on the West Bank, Old Aurora provides easy access to downtown via the Crescent City Connection while simultaneously maintaining a peaceful, suburban atmosphere.

This particular area is known for its mature oak trees, well-kept streets and close-knit community. As such, local shops, restaurants and parks are all part of the daily living experience here. Therefore, for renters who want a quiet place to call home without giving up New Orleans’ culture and convenience, Old Aurora is easily one of the best affordable neighborhoods in the city.

As you can see, Tall Timbers-Brechtel, Little Woods, and Old Aurora are all excellent examples of affordable neighborhoods in New Orleans that strike a balance between cost, comfort and lifestyle. Each of these areas offers its own mix of perks — whether it’s outdoor spaces, convenient commutes or scenic surroundings — making them smart picks for renters on a budget.

Of course, choosing the right neighborhood is about more than just price. To that end, these budget-friendly neighborhoods also offer the chance to be part of welcoming communities, enjoy easy access to amenities and live in a space that suits your lifestyle.

Or, if you’re searching for affordable housing in other cities, check out our insights on Charlotte, NC; Dallas; or Orlando, FL.