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Studio Apartments for Rent in New Orleans, LA - 8 Rentals available

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New Orleans’s average rent reached $1,149 in January

New Orleans’s average rent reached $1,149 in January after a 2.6% decrease since last year. A renter-majority city (47%), New Orleans diverse and vibrant place to live in, with apartment rents below the national average of $1,392. [View Full Report]

New Orleans apartment rent report

New Orleans’s average rent was $1,149 in January

New Orleans’s average rent reached $1,149 in January after a 2.6% decrease since last year. With a renter share of 47%, New Orleans is a diverse and vibrant place to live in, with apartment rents below the national average of $1,392.

The average rent for an apartment in?New Orleans has decreased compared to other surrounding cities such as Kenner ($875), where prices went up by 2.5%, or Metairie, where rent went up by 3.9% reaching $988.

New Orleans apartment rent report

What it costs to rent in the New Orleans metro area

Despite a 1.9% increase, Gretna rentals are the second most budget-friendly option in the New Orleans area, with an average price of $914, following Kenner. At $953 a month, following a 0.3% increase, renting in Harvey is another attractive option, followed by Metairie, which comes in fourth. These are the only cities that fall below the $1,000 threshold. Excluding New Orleans, River Ridge is the priciest city for renters in the area, with apartments going for $1,107 after a 2.1% increase. Mandeville is next, with an average rate of $1,085, 2.8% higher than last year, followed by Covington, where monthly apartment rates went up 4.3% going for $1,076.

New Orleans apartment rent report

Methodology

RENTCafe.com is a nationwide apartment search website that enables renters to easily find apartments and houses for rent throughout the United States.

The data on average rents included in our reports comes directly from competitively-rented(market-rate) large-scale multifamily properties (50+ units in size), via telephone survey. The data is compiled and reported by our sister company Yardi Matrix, a business development and asset management tool for brokers, sponsors, banks and equity sources underwriting investments in the multifamily, office, industrial and self-storage sectors. Fully-affordable properties are not included in the survey and are not reported in rental rate averages. Local rent reports include only cities with a statistically-relevant stock of large-scale multifamily properties of 50+ units.

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 RENTCafé 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, RENTCafé 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 $980 and $1,557. 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 390 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 RENTCafé apartments for rent in New Orleans, LA.

New Orleans, LA Demographics

  • Total Population390,845
  • Female 185,513
    Male 205,332
  • Median Age36.8

Average Rent in New Orleans, LA

  • New Orleans, LA Average Rental Price, October 2020 $1,166 /mo

New Orleans, LA Apartment Rent Ranges

  • $501-$70012%
  • $701-$1,00040%
  • $1,001-$1,50027%
  • $1,501-$2,00014%
  • > $2,0007%

New Orleans, LA Rent Trends

Average Rent Nov / 2017 Mar / 2018 Jul / 2018 Nov / 2018 Mar / 2019 Jul / 2019 Oct / 2019 Nov / 2019 Mar / 2020 Jul / 2020 Oct / 2020
New Orleans, LA $1,090 $1,087 $1,106 $1,110 $1,134 $1,154 $1,189 $1,193 $1,186 $1,169 $1,166
National $1,378 $1,381 $1,418 $1,428 $1,432 $1,468 $1,475 $1,477 $1,464 $1,462
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Check out the average rent prices in New Orleans by neighborhood.

New Orleans, LA Households

  • Total Number of Households153,819
  • Family 72,247
    Non-family 81,572
  • Children 33,270
    No Children 120,549
  • Average People Per Household2.45
  • Median Household Income$41,604
  • Median Housing Costs Per Month$1,031

New Orleans, LA Education Statistics

  • No High School3%
  • Some High School34%
  • Some College24%
  • Associate Degree4%
  • Bachelor Degree20%
  • Graduate Degree15%

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 824 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 $980, 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 $1,438.

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.

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