Apartments for Rent in New Iberia, LA

Prices and availability in New Iberia, LA were last updated on 16 Oct 2026.

The best apartment in New Iberia, LA is: 104 Cape Palos Street Lot 3.

The average rent in New Iberia, LA is $947.

In New Iberia 49% of the housing is rented out compared to 51% of homes are owned, according to the most recent Census Bureau estimates. 5% of New Iberia's apartments are found in large buildings of 50 units or more, 37% are located in smaller apartment complexes with less than 50 units, and 53% are single-family rentals.

The age and size of multifamily buildings are among the most visible characteristics of the rental market in a city. In this case, the apartment buildings in New Iberia are about 39 years old, on average. Of these, 15% have been built since 2000, representing the newer options on the market and typically offering more amenities. Rental buildings in the city have an average height of 2 stories. About all of the rental communities here are low-rise, garden-style communities, none are mid-rises, and none are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.

Rental apartments in New Iberia come in a range of sizes and floorplans. Studio apartments represent 0% of units for rent, ideal for singles, renters on a budget and people who value central locations more than space. Rentals with 1-bedroom floorplans make up 20% of the total apartments in the city, while 2-bedroom floorplans represent around 55% of all rentals in New Iberia. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.