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 $1,533 to $2,845 per month as of September 3, 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 $1,804/month, starting from $1,533.

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 $2,679/month, starting from $2,407.

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 September 3, 2026 at 2:20 p.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 September 3, 2026 at 2:20 p.m. CT

Units Listed

$1,533

Starting at

$2,033

Average

$2,845

Highest

$2.53

Per Sq Ft

PRO

Avg Days Listed

How does this compare? View Central City rent trends

Beds

Pricing by Bedroom

1 Bed

$1,804

from $1,533 · 17 units

~707 sqft avg

2 Bed

$2,679

from $2,407 · 6 units

~1,079 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 (23)

Largest 8 movers of 23

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

$62K

$749K annual run rate

Modeled estimate

Est. Occupancy

57%

of about 54 units (modeled from leasing activity)

Effective Rent on New Leases

$2,012

vs $2,033 current asking ($21 negotiation gap)

Recent Lease Activity

54 units tracked; 31 assumed leased, 23 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. Central City

Neighborhood

930 Poydras Apartments

$1,525

The Paramount at South Market

$1,533

Civic Lofts Apartments

$1,750 The Odeon at South Market

$1,927 The Beacon at South Market

$2,116

Comparing 5 apartments in Central City. Click any bar to view that building.

See Central City rent trends on the New Orleans, LA map Explore New Orleans, LA on the interactive map

Available Units

Sort

23 units

1 Bed 10

$1,533/mo

594 ft² · $2.58/ft² · #3S15

Down $10 since Aug 29 (was $1,543)

1 Bed 10

$1,538/mo

594 ft² · $2.59/ft² · #5N1

Down $10 since Aug 29 (was $1,548)

1 Bed 10

$1,665/mo

646 ft² · $2.58/ft² · #2N16-ADA

Down $110 since Sep 3 (was $1,775)

1 Bed 10

$1,683/mo

634 ft² · $2.65/ft² · #3N3

Down $10 since Aug 29 (was $1,693)

1 Bed 10

$1,690/mo

634 ft² · $2.67/ft² · #2S1

Down $10 since Aug 29 (was $1,700)

1 Bed 10

$1,700/mo

634 ft² · $2.68/ft² · #3S3

Down $10 since Aug 29 (was $1,710)

1 Bed 10

$1,713/mo

646 ft² · $2.65/ft² · #5S14

Down $10 since Aug 29 (was $1,723)

1 Bed 10

$1,713/mo

634 ft² · $2.70/ft² · #5S9

Down $10 since Aug 29 (was $1,723)

1 Bed 10

$1,728/mo

646 ft² · $2.67/ft² · #5S16

Down $10 since Aug 29 (was $1,738)

1 Bed 10

$1,731/mo

634 ft² · $2.73/ft² · #5S10

Down $111 since Sep 3 (was $1,842)

Unit	Floor Plan	Bed/Bath	Sqft	↑ Price	$/Sqft	Available	Listed	Details
3S15	10	1bd / --ba	594	$1,533	$2.58	2026-10-16	Pro	Down $10 since Aug 29
5N1	10	1bd / --ba	594	$1,538	$2.59	2026-10-09	Pro	Down $10 since Aug 29
2N16-ADA	10	1bd / --ba	646	$1,665	$2.58	2026-09-04	Pro	Down $110 since Sep 3
3N3	10	1bd / --ba	634	$1,683	$2.65	2026-09-17	Pro	Down $10 since Aug 29
2S1	10	1bd / --ba	634	$1,690	$2.67	2026-09-07	Pro	Down $10 since Aug 29
3S3	10	1bd / --ba	634	$1,700	$2.68	2026-09-03	Pro	Down $10 since Aug 29
5S14	10	1bd / --ba	646	$1,713	$2.65	2026-09-25	Pro	Down $10 since Aug 29
5S9	10	1bd / --ba	634	$1,713	$2.70	2026-10-16	Pro	Down $10 since Aug 29
5S16	10	1bd / --ba	646	$1,728	$2.67	2026-09-19	Pro	Down $10 since Aug 29
5S10	10	1bd / --ba	634	$1,731	$2.73	2026-09-04	Pro	Down $111 since Sep 3
5N4	10	1bd / --ba	634	$1,781	$2.81	2026-09-07	Pro	Down $10 since Aug 29
3S6-ADA	10	1bd / --ba	790	$1,883	$2.38	2026-10-02	Pro	Down $10 since Aug 29
2S6-ADA	10	1bd / --ba	790	$1,907	$2.41	2026-08-14	Pro	Down $96 since Sep 3
4S6	10	1bd / --ba	790	$1,938	$2.45	2026-09-19	Pro	Down $10 since Aug 29
3N13	10	1bd / --ba	904	$2,138	$2.37	2026-10-23	Pro	Down $10 since Aug 29
4N13	10	1bd / --ba	904	$2,165	$2.39	2026-08-21	Pro	Down $108 since Sep 3
5N9	10	1bd / --ba	904	$2,168	$2.40	2026-09-11	Pro	Down $10 since Aug 29
LOFT_J	20	2bd / --ba	1,233	$2,407	$1.95	2026-10-21	Pro
3N7	20	2bd / --ba	876	$2,663	$3.04	2026-09-12	Pro	Up $137 since Sep 3
LOFT_M	20	2bd / --ba	1,239	$2,703	$2.18	2026-08-28	Pro	Down $20 since Sep 3
LOFT_K	20	2bd / --ba	1,233	$2,718	$2.20	2026-09-11	Pro	Up $21 since Aug 29
3N28	20	2bd / --ba	920	$2,739	$2.98	2026-09-11	Pro	Up $137 since Sep 3
4S11	20	2bd / --ba	972	$2,845	$2.93	2026-09-12	Pro	Up $137 since Sep 3

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.