Last updated
Average Rent in New Orleans LA & Rent Trends
Rent prices and market trends across 1 apartment community in New Orleans LA. Updated daily.
Market Average
$1,495/mo
Lowest Available
$1,400/mo
cheapest unit on market
Communities
1
tracked daily
Units Listed
11
available now
Rent by Neighborhood in New Orleans LA
Compare average rent across New Orleans LA neighborhoods. Click any area to see detailed trends.
| Neighborhood | Avg Rent | From | Properties | Units |
|---|---|---|---|---|
| Tulane - Gravier | $1,884 | $1,400 | 1 | 22 |
| Bayou St. John | $1,602 | $1,383 | 1 | 25 |
Is Rent Going Up or Down in New Orleans LA?
As of April 2026, the average rent in New Orleans LA is $1,495 per month across 1 apartment community and 11 available units.
The most affordable option is Thirteen15 Apartments starting at $1,400/mo. By unit type, a studio averages $1,495/mo.
Prices range from $1,400 to $1,710 per month. The most common price point is the $1,400 range, where 9 units are currently listed.
New Orleans LA Rent Price History
Collecting price history
Daily snapshots are being recorded. Trend charts will appear once we have enough data points.
Rent Price Distribution
Rent by Bedroom Type in New Orleans LA
Rent Prices by Apartment in New Orleans LA
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Thirteen15 Apartments | $1,400/mo | $1,495/mo | 11 | 4.8 |
Google Search Trends for New Orleans LA Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Frequently Asked Questions About Rent in New Orleans LA
What is the average rent in New Orleans LA?
Is rent going up or down in New Orleans LA?
What is the cheapest apartment in New Orleans LA?
How many apartments are available in New Orleans LA?
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
$60,000/year
30 percent rule — using our average rent of $1,495/mo.
Comfortable income
$72,000/year
25 percent rule — leaves more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($1,400/mo), you need to earn at least $56,000/year.
Median household income in New Orleans LA is $55,339 — about 23% 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) | $1,495 |
| Utilities | $334 |
| Groceries | $502 |
| Transportation | $797 |
| Healthcare | $389 |
| Other goods and services | $622 |
| Estimated total | $4,139/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 is 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 for utilities, groceries, transportation, healthcare, and other goods and services 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, 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.
Explore New Orleans LA Apartments
Browse all 1 communities with daily-updated pricing and availability.