""
Please provide a location to search for

Cheap Apartments for Rent in New Orleans, LA - 51 Rentals available

Apartments Under $100

  • Apartment
    700 Camp Street, New Orleans, LA 70118
    $85 - $915
    • Studio
    Executive House Property, LLC
    Available Today!
    (504) 267-8343

Apartments Under $700

Apartments Under $800

Apartments Under $900

  • Apartment
    10500 Hayne Blvd, New Orleans, LA 70127
    $894 - $1,020
    • 1-2 Beds
    • 1-2 Baths
    Providence Investments, LLC
    Available Today!
    (504) 245-2525

Apartments Under $1,000

Apartments Under $1,100

Popular Searches

Renting a Cheap Apartment in New Orleans

New Orleans was founded by the French Mississippi Company in 1718, and saw periods of French and Spanish imperial control before it was sold to the U.S. as part of the Louisiana Purchase. At the terminus of the Mississippi River, New Orleans has always been an important port city for supplying the Eastern and Southern United States with products unloaded at the port of New Orleans and transported to points beyond. Devastated by Hurricane Katrina in 2005, New Orleans has worked hard to recover from the flooding caused by this natural disaster, which killed 1,500 people and left thousands more homeless. But this is still the home of Mardi Gras (Carnival), the annual celebration of revelry that attracts thousands of visitors from around the world for drink, beads and songs on the Tuesday before Lent. New Orleans is still considered one of the most culturally rich and diverse cities in the U.S.

New Orleans, LA Demographics

  • Total Population388,182
  • Female 185,063
    Male 203,119
  • Median Age35.9

Average Rent in New Orleans, LA

  • New Orleans, LA Average Rental Price, December 2019 $1,191 /mo

New Orleans, LA Apartment Rent Ranges

  • $501-$70011%
  • $701-$1,00040%
  • $1,001-$1,50026%
  • $1,501-$2,00015%
  • > $2,0008%

New Orleans, LA Rent Trends

Average Rent Nov / 2016 Mar / 2017 Jul / 2017 Nov / 2017 Mar / 2018 Jul / 2018 Nov / 2018 Mar / 2019 Jul / 2019 Nov / 2019 Dec / 2019
New Orleans, LA $1,099 $1,094 $1,087 $1,090 $1,087 $1,106 $1,110 $1,134 $1,154 $1,193 $1,191
National $1,354 $1,350 $1,382 $1,385 $1,388 $1,423 $1,431 $1,434 $1,469 $1,473 $1,474
/

Average rent is projected to grow by 3% in 2019 compared to 2018.

Please note that projected rent growth is calculated at city level.

Check out the average rent prices in New Orleans by neighborhood.

New Orleans, LA Households

  • Total Number of Households154,895
  • Family 75,924
    Non-family 78,971
  • Children 36,107
    No Children 118,788
  • Average People Per Household2.42
  • Median Household Income$38,721
  • Median Housing Costs Per Month$976

New Orleans, LA Education Statistics

  • No High School4%
  • Some High School34%
  • Some College24%
  • Associate Degree4%
  • Bachelor Degree20%
  • Graduate Degree14%

Looking for a cheap apartment for rent in New Orleans, LA? With RENTCafé, finding an affordable apartment in New Orleans, LA has never been easier. We feature 55 low-priced rentals directly from property managers, with rents lower than the New Orleans, LA average. What is a cheap rent in New Orleans, LA? The average apartment rent in New Orleans is $1,191 per month so any rental south of $953 would be considered cheap here. On RENTCafé, New Orleans, LA rents go as low as $85/mo.

Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!