How much does it cost to rent at The Paramount at South Market?

Rent at The Paramount at South Market in New Orleans, LA ranges from $1,578 to $2,797 per month as of August 8, 2026.

What is the average 1 bed rent at The Paramount at South Market?

The average 1 bed apartment at The Paramount at South Market costs $1,854/month, starting from $1,578.

What is the average 2 bed rent at The Paramount at South Market?

The average 2 bed apartment at The Paramount at South Market costs $2,713/month, starting from $2,571.

Is The Paramount at South Market a good apartment complex?

The Paramount at South Market has a 4.9-star rating on Google based on 171 reviews.

Updated today at 6:23 a.m. CT

The Paramount at South Market

Name: The Paramount at South Market
Address: 611 O'Keefe Ave, New Orleans, LA, 70113, US
Telephone: (504) 370-8118
Rating: 4.9

611 O'Keefe Ave, New Orleans, LA 70113, USA

4.9 (171 reviews) Official Website (504) 370-8118

Live pricing, refreshed today at 6:23 a.m. CT

Units Listed

$1,578

Starting at

$2,049

Average

$2,797

Highest

$2.64

Per Sq Ft

PRO

Avg Days Listed

How does this compare? View Tulane - Gravier rent trends

Beds

Pricing by Bedroom

1 Bed

$1,854

from $1,578 · 17 units

~697 sqft avg

2 Bed

$2,713

from $2,571 · 5 units

~1,048 sqft avg

Rent Distribution

Price by Bedroom

Price Breakdown

Rent by Unit

Price vs. Square Footage

Price History

Timeframe

Property Price Trend

Units with Price Changes (18)

Largest 8 movers of 18

Last 15 days

Estimated Building Revenue

How is this calculated?

Rental revenue model

We follow each unit's listing activity at this building every day. When a unit stops being listed, we assume it leased at its last listed rent, adjusted for any advertised move-in special. Revenue is the sum of those assumed lease rents across the building's occupied units.

Building size: modeled from how many distinct units we have observed over time
Occupancy: building size minus currently listed units
Rents: observed lease-offs first, current asking rents as fallback

These are research estimates, not financial statements from the operator. Confidence: moderate (building size is modeled).

Est. Monthly Revenue

$57K

$683K annual run rate

Modeled estimate

Est. Occupancy

56%

of about 50 units (modeled from leasing activity)

Effective Rent on New Leases

$2,032

vs $2,049 current asking ($17 negotiation gap)

Recent Lease Activity

50 units tracked; 28 assumed leased, 22 listed now

See which units leased, when they left the market, and the rent they leased at.

Unlock with Pro

Property Intelligence

How is this calculated?

Negotiation Leverage Score (0-100)

Based on 5 observable signals from the property's listing data:

+30 pts: 15+ units currently listed
+25 pts: Active move-in specials
+20 pts: Deep discounts (>$150/mo off)
+15 pts: 5+ distinct floor plans
+10 pts: 25+ units listed

All signals come directly from the property's own listings. Occupancy and building size appear only in the Estimated Building Revenue section, and only when the building size is stated by the property or our unit-level observation history is deep enough to model it.

Listed Units

Good availability

2 floor plans

Move-in Specials

No active promotions

Negotiation Leverage

Moderate leverage

Some signals suggest room to negotiate, especially if you can be flexible on move-in date.

Price vs. Tulane - Gravier

Neighborhood

Gravier Place Apartments

$1,103 Bienville Basin Apartments

$1,200 The Residences at LSU Health

$1,300 925 Common Luxury Apartments

$1,325 The Strand

$1,423 Four Winds Apartments - New Orleans

$1,458 Thirteen15 Apartments

$1,560 930 Poydras Apartments

$1,575

The Paramount at South Market

$1,578

The Odeon at South Market

$1,655 Civic Lofts Apartments

$1,750

Comparing 11 apartments in Tulane - Gravier. Click any bar to view that building.

See Tulane - Gravier rent trends on the New Orleans, LA map Explore New Orleans, LA on the interactive map

Available Units

Sort

22 units

1 Bed 10

$1,578/mo

594 ft² · $2.66/ft² · #5N1

1 Bed 10

$1,671/mo

594 ft² · $2.81/ft² · #5N24

Down $45 since Aug 1 (was $1,716)

1 Bed 10

$1,723/mo

634 ft² · $2.72/ft² · #3N3

Down $62 since Aug 1 (was $1,785)

1 Bed 10

$1,731/mo

646 ft² · $2.68/ft² · #2N16-ADA

Down $62 since Aug 1 (was $1,793)

1 Bed 10

$1,741/mo

634 ft² · $2.75/ft² · #3S3

1 Bed 10

$1,753/mo

646 ft² · $2.71/ft² · #5S14

1 Bed 10

$1,756/mo

634 ft² · $2.77/ft² · #2S1

Down $62 since Aug 1 (was $1,818)

1 Bed 10

$1,768/mo

646 ft² · $2.74/ft² · #5S16

1 Bed 10

$1,796/mo

634 ft² · $2.83/ft² · #4N23

Down $62 since Aug 1 (was $1,858)

1 Bed 10

$1,796/mo

634 ft² · $2.83/ft² · #5S10

Down $62 since Aug 1 (was $1,858)

Unit	Floor Plan	Bed/Bath	Sqft	↑ Price	$/Sqft	Available	Listed	Details
5N1	10	1bd / --ba	594	$1,578	$2.66	2026-10-09	Pro
5N24	10	1bd / --ba	594	$1,671	$2.81	2026-08-14	Pro	Down $45 since Aug 1
3N3	10	1bd / --ba	634	$1,723	$2.72	2026-09-17	Pro	Down $62 since Aug 1
2N16-ADA	10	1bd / --ba	646	$1,731	$2.68	2026-08-14	Pro	Down $62 since Aug 1
3S3	10	1bd / --ba	634	$1,741	$2.75	2026-09-05	Pro
5S14	10	1bd / --ba	646	$1,753	$2.71	2026-09-25	Pro
2S1	10	1bd / --ba	634	$1,756	$2.77	2026-08-20	Pro	Down $62 since Aug 1
5S16	10	1bd / --ba	646	$1,768	$2.74	2026-09-19	Pro
4N23	10	1bd / --ba	634	$1,796	$2.83	2026-08-14	Pro	Down $62 since Aug 1
5S10	10	1bd / --ba	634	$1,796	$2.83	2026-08-14	Pro	Down $62 since Aug 1
4S4	10	1bd / --ba	634	$1,821	$2.87	2026-08-15	Pro	Down $62 since Aug 1
5N4	10	1bd / --ba	634	$1,846	$2.91	2026-08-22	Pro	Down $62 since Aug 1
3S6-ADA	10	1bd / --ba	790	$1,923	$2.43	2026-10-02	Pro
2S6-ADA	10	1bd / --ba	790	$1,956	$2.48	2026-08-14	Pro	Down $45 since Aug 1
3N13	10	1bd / --ba	904	$2,178	$2.41	2026-10-23	Pro	Down $62 since Aug 1
4N13	10	1bd / --ba	904	$2,226	$2.46	2026-08-14	Pro	Down $45 since Aug 1
5N9	10	1bd / --ba	904	$2,251	$2.49	2026-08-26	Pro
3N7	20	2bd / --ba	876	$2,571	$2.93	2026-08-14	Pro	Up $30 since Aug 5
3N28	20	2bd / --ba	920	$2,647	$2.88	2026-08-15	Pro	Down $13 since Aug 6
4S11	20	2bd / --ba	972	$2,752	$2.83	2026-08-15	Pro	Up $30 since Aug 5
LOFT_M	20	2bd / --ba	1,239	$2,796	$2.26	2026-08-14	Pro	Up $38 since Aug 1
LOFT_K	20	2bd / --ba	1,233	$2,797	$2.27	2026-08-21	Pro	Down $14 since Aug 5

City Club

Resident Notes & Access Codes

Real tips from people who lived at this property: what leasing and daily living are actually like, plus the gate, parking, and entry codes you only learn once you move in. See all New Orleans, LA notes

No resident notes for this property yet.