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516 Governor Nicholls Street
516 Governor Nicholls Street, New Orleans, LA 70116- Studio
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New Orleans, LA in the News
Look for studio apartments near me
Are you looking to land a small but cool studio apartment near you? Is an unbeatable location more important to you than lots of space? You can now browse through all available RentCafe listings, to find the perfect studio apartment near you, in your favorite neighborhood, ZIP code, or in another city or state in the U.S. wherever life takes you. Check the ratings and reviews of properties with studio apartments, filter them based on your criteria, and find the one that suits your needs.
Compare the size, price and location, as well as amenities, both inside and outside the apartment. Whether you are looking for a more modern studio near you, or one in a charming old building, or maybe you want to be close to a certain park, the downtown area of your city, or near family or friends, RentCafe allows you to find the best fit for you - so, let's find your new home!
Frequently Asked Questions
What is the price of a studio apartment in New Orleans, LA?
The price range of a studio apartment is between $1,294 and $2,226. Search our studio apartments in New Orleans, LA.
What is the average size of a studio apartment in New Orleans, LA?
The average New Orleans, LA studio apartment size is 499 sq. ft.
What are the advantages of renting a studio apartment in New Orleans, LA?
Studio apartments in New Orleans, LA tend to be more affordable than other apartments and they have lower utility costs.
What are the downsides of renting a studio apartment in New Orleans, LA?
One of the downsides of living in a studio apartment is the limited storage space. You might be interested in 1 bedroom apartments, 2 bedroom apartments or 3 bedroom apartments, or browse all RentCafe apartments for rent in New Orleans, LA.
New Orleans, LA Demographics
- Total Population390,845
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Female 185,513Male 205,332
- Median Age36.8
The total population of New Orleans, LA is 390,845, of which 185,513 are men and 205,332 are women, according to the most recent U.S. Census Bureau estimates. The residents of New Orleans have a median age of 36.8.
Average Rent in New Orleans, LA
- New Orleans, LA Average Rental Price, February 2022 $1,279 /mo
Apartments in New Orleans, LA rent for $1,279 per month, on average.
New Orleans, LA Apartment Rent Ranges
10% of apartments in New Orleans, LA are priced between $501-$700. About 36% charge rents in the $701-$1,000 range. Approximately 25% of New Orleans’s apartment rentals are priced between $1,001-$1,500. Meanwhile, 17% of apartments are in the most expensive $1,501-$2,000 range.
New Orleans, LA Rent Trends
Average Rent | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | Mar / 2020 | Jul / 2020 | Nov / 2020 | Mar / 2021 | Jul / 2021 | Nov / 2021 | Feb / 2022 |
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New Orleans, LA | $1,110 | $1,134 | $1,154 | $1,193 | $1,186 | $1,169 | $1,164 | $1,174 | $1,232 | $1,223 | $1,279 |
National | $1,362 | $1,367 | $1,399 | $1,407 | $1,409 | $1,399 | $1,403 | $1,412 | $1,495 | $1,591 | $1,628 |
The average monthly rent in New Orleans, LA is around $1,279, while the national average rent is $1,628.
New Orleans, LA Households
- Total Number of Households153,819
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Family 72,247Non-family 81,572
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Children 33,270No Children 120,549
- Average People Per Household2.45
- Median Household Income$41,604
- Median Housing Costs Per Month$1,031
A total of 153,819 households live in New Orleans, LA, of which 72,247 are family households and 81,572 are non-family households, per U.S. Census estimates. Of these, approximately 33,270 households have children and 120,549 households do not have children. The average size of a household in New Orleans, LA is 2.45. The median household income in New Orleans is $41,604 annually, with $1,031 per month going towards housing.
New Orleans, LA Education Statistics
According to Census data, 3% of the population in New Orleans, LA have no high school education, 34% went to high school, 24% have some college education, 4% earned an Associate Degree, 20% earned a Bachelor Degree, and 15% earned a Graduate Degree.
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Most Expensive Studios for Rent
Four Winds New Orleans $1,526 - $10,050 -
Cheapest Studios for Rent
516 Governor Nicholls Street $1,250 - $1,300
Renting a studio apartment in New Orleans, LA
Finding an affordable home is definitely not an easy task nowadays, especially if you’re new to the market. When looking for a budget-friendly small apartment, you should decide on the non-negotiables and look for a home that meets your needs. On average, a studio apartment’s size in New Orleans, LA is 793 Sq.Ft., which is convenient for a young professional, recent graduate, student or for someone who prefers not to spend more than necessary on a monthly rent. A cheap studio can be rented starting from $1,250, so your next step is to make up your mind regarding the layout of your future nest: do you want a one room apartment, with kitchen in the main room, or a bachelor flat with a separate kitchen? Hard to decide. Now you have 8 small apartments are in New Orleans, LA to choose from that will help you make a decision, with an average rent of $1,791.
The perks of renting an efficiency apartment
They say renting is like dating- you should not expect absolute perfection from a rental home, but you should love the things that make it uniquely yours. If you’re interested in an efficiency apartment in New Orleans, LA, we are confident that you will find a great place that complements your lifestyle. Having a small apartment comes with a series of advantages that their larger companions lack. A studio apartment is easier to keep clean and it’s always less cluttered, because there is no room for unnecessary stuff. If single bedroom apartments and small apartments is what you’re after, you are more likely to afford living in the hip parts of the town, within walking or biking distance from entertainment and shopping. You will also notice significant savings year after year. Pick your price limit and square footage and browse through our 8 listings in New Orleans, LA and we promise you won’t be disappointed.