Average Rent in New Orleans, LA
21 apartment buildings, 213 units. Daily asking prices with rent history for every building.
Cheapest
$1,043/mo
Gravier Place Apartments
Properties
21
tracked daily
Units
213
available now
New Orleans, LA Resident Access
City Club members share insider gate codes, parking links, and amenity tips.
Analysis
Rent Price Breakdown
Compare pricing across all 21 properties in New Orleans, LA.
Median rent trend, last 2 months
All bedroom types, citywide. Choose a window above to scope the view.
Average Rent by Property
Starting Price vs Average
Rent by Bedroom Count
Price per Square Foot
New Orleans, LA Rent Prices
All 21 properties ranked by lowest available rent.
Gravier Place Apartments
837 Gravier St, New Orleans, LA 70112, USA
Nola4Rent
7835 Maple St, New Orleans, LA 70118, USA
Bienville Basin Apartments
401 Treme St, New Orleans, LA 70112, USA
The Residences at LSU Health
615 S Johnson St, New Orleans, LA 70112, USA
Urban Vision Properties
8601 Leake Ave, New Orleans, LA 70118, USA
2424 Tulane Apartments
2424 Tulane Ave, New Orleans, LA 70119, USA
925 Common Luxury Apartments
925 Common St, New Orleans, LA 70112, USA
| # | Property | From | Avg | $/sqft | Rating | Units |
|---|---|---|---|---|---|---|
| 1 | Gravier Place Apartments 837 Gravier St, New Orleans, LA 70112, USA | $1,043 | $1,043 | $1.98 | 3.2 (20) | 1 |
| 2 | Nola4Rent 7835 Maple St, New Orleans, LA 70118, USA | $1,195 | $1,570 | $1.72 | 4.6 (16) | 8 |
| 3 | Bienville Basin Apartments 401 Treme St, New Orleans, LA 70112, USA | $1,200 | $1,200 | $1.84 | 3.8 (138) | 1 |
| 4 | The Residences at LSU Health 615 S Johnson St, New Orleans, LA 70112, USA | $1,300 | $1,300 | $1.57 | 4.6 (72) | 1 |
| 5 | Urban Vision Properties 8601 Leake Ave, New Orleans, LA 70118, USA | $1,300 | $2,121 | $2.36 | 4.7 (18) | 7 |
| 6 | 2424 Tulane Apartments 2424 Tulane Ave, New Orleans, LA 70119, USA | $1,313 | $1,527 | $2.05 | 4.4 (108) | 24 |
| 7 | 925 Common Luxury Apartments 925 Common St, New Orleans, LA 70112, USA | $1,325 | $1,765 | $2.27 | 3.3 (64) | 20 |
Rent & Price History by Building
Gravier Place Apartments
3.2 (20)837 Gravier St, New Orleans, LA 70112, USA
Nola4Rent
4.6 (16)7835 Maple St, New Orleans, LA 70118, USA
Bienville Basin Apartments
3.8 (138)401 Treme St, New Orleans, LA 70112, USA
The Residences at LSU Health
4.6 (72)615 S Johnson St, New Orleans, LA 70112, USA
Urban Vision Properties
4.7 (18)8601 Leake Ave, New Orleans, LA 70118, USA
2424 Tulane Apartments
4.4 (108)2424 Tulane Ave, New Orleans, LA 70119, USA
By Area
New Orleans, LA neighborhoods
Tracked buildings across 6 named neighborhoods. Pick one to see its apartments.
New Orleans, LA Average Rent Prices 2026
The average rent in New Orleans, LA is $2,083 per month, based on 213 units across 21 apartment communities. Prices range from $1,043 at Gravier Place Apartments to $6,000 at The Odeon at South Market.
Average Rent by Bedroom Type
| Type | Avg Rent | Starting From | Units |
|---|---|---|---|
| Studio | $2,041/mo | $1,300/mo | 40 |
| 1 Bed | $1,917/mo | $1,200/mo | 119 |
| 2 Bed | $2,551/mo | $1,195/mo | 48 |
| 3 Bed | $2,076/mo | $1,043/mo | 4 |
| 4 Bed | $1,575/mo | $1,550/mo | 2 |
Every price is a real asking rent, updated that morning. Request a neighborhood we don't cover and we add it within 24 hours.
Market Context
Who rents in New Orleans, LA, and what they pay
Tracked one-bedroom rent in New Orleans, LA averages $1,917/mo, with two-bedroom units averaging $2,551/mo. At the local median household income of $55,339, that works out to 45% of gross income, a severely rent-burdened market by HUD standards.
The U.S. Census Bureau's American Community Survey 2023 release pegged median gross rent in New Orleans, LA at $1,211/mo. The current tracked market average runs 72% higher than that benchmark, reflecting both two to three years of rent growth and the fact that the Census figure covers all renter-occupied housing in New Orleans, LA while the tracked market average covers units currently listed in larger apartment communities.
Who employs renters in New Orleans
Demand in the New Orleans rental market is shaped by the metro's largest private and public employers. The following organizations anchor local hiring and influence what renters can pay:
- Ochsner Health
- LCMC Health
- Entergy
- Tulane University
Mean one-way commute in New Orleans, LA is 23 minutes, per the Census ACS, useful context when weighing which properties sit inside reasonable reach of these employers.
What salary do I need to live comfortably in New Orleans, LA?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$83,000/year
Based on the 30 percent rule, using our tracked average rent of $2,083/mo.
Comfortable income
$100,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($1,043/mo), you need to earn at least $42,000/year.
Median household income in New Orleans, LA is $55,339 , about 45% below the comfortable-living threshold.
Cost of living in New Orleans, LA
Overall prices in New Orleans, LA runs below the national average by about 9% (BEA Regional Price Parity index 91.2, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by New Orleans, LA's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $2,083 |
| Utilities | $334 |
| Groceries | $502 |
| Transportation | $797 |
| Healthcare | $389 |
| Other goods and services | $622 |
| Estimated total | $4,727/mo |
Population
376,035
Median household income
$55,339
Census median rent
$1,211/mo
Rent as % of income
35.4%
Median age
38.4
Mean commute
23 min
Methodology
Rent data
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures were last published in 2023.
Compare
Nearby cities in Louisiana
How New Orleans, LA rent compares to other markets in the state.
| City | Avg Rent | vs New Orleans, LA | 30-Day Change | Properties |
|---|---|---|---|---|
| Baton Rouge, LA | $1,673 | -20% | +12.7% | 13 |
| Lafayette, LA | $1,245 | -40% | -2.3% | 10 |
| Monroe, LA | $939 | -55% | +4.7% | 9 |
| Kenner, LA | $1,210 | -42% | -- | 8 |
| Lake Charles, LA | $1,410 | -32% | +14.6% | 8 |
| Shreveport, LA | $1,279 | -39% | -1.3% | 6 |
Frequently asked questions
What is the average rent in New Orleans, LA?
The average rent in New Orleans, LA is $2,083 per month, based on 213 units across 21 apartment buildings tracked by Average Rent. Prices are refreshed daily.
What is the median rent in New Orleans, LA?
The median asking rent in New Orleans, LA is $1,950 per month, computed from 213 live listed units and refreshed daily. The average is $2,083/mo; the median resists skew from luxury listings.
What is the cheapest apartment rent in New Orleans, LA?
The lowest available rent in New Orleans, LA starts at $1,043 per month. Availability changes daily and prices are refreshed each morning.
How much is a 1-bedroom apartment in New Orleans, LA?
1-bedroom apartments in New Orleans, LA average $1,917/mo. The lowest listed 1-bedroom starts at $1,200/mo across 119 units tracked.
How much is a 2-bedroom apartment in New Orleans, LA?
2-bedroom apartments in New Orleans, LA average $2,551/mo. Units start from $1,195/mo across 48 units currently listed.
Rent Trends in New Orleans, LA
Track how apartment prices are changing over time.
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