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Average Rent in New Orleans, LA & Rent Trends

Rent prices and market trends across 16 apartment communities in New Orleans, LA. Updated daily.

Area All Areas Bayou St. John Central City Lower Garden District Tulane - Gravier Uptown/Carrollton
Beds All Bedrooms Studio 1 Bed 2 Bed 3 Bed 4 Bed

Showing 2 bedrooms in New Orleans, LA.

Market Average

$2,732/mo

Lowest Available

$1,063/mo

cheapest unit on market

Communities

16

tracked daily

Units Listed

44

available now

Rent Watch: cuts and increases

Open Rent Watch →

0 cuts and 0 increases among 8 comparable listings this week. Filter by bedrooms and budget, then inspect each building’s history.

Rent by Neighborhood in New Orleans, LA

Compare average rent across New Orleans, LA neighborhoods. Click any area to see detailed trends. View these neighborhoods on the rent map

Neighborhood Avg Rent 30d Change From Properties Units
Central City $3,381 - $1,975 5 12
Tulane - Gravier $2,740 - $1,965 5 14
Lower Garden District $2,582 - $1,745 4 12
Bayou St. John $1,945 - $1,732 1 4
Uptown/Carrollton $1,260 - $1,063 1 2

Is Rent Going Up or Down in New Orleans, LA?

As of October 2026, the average rent in New Orleans, LA is $2,732 per month across 16 apartment communities and 44 available units.

The most affordable option is Marrero Commons starting at $1,063/mo. By unit type, a 2-bedroom averages $2,732/mo.

Prices range from $1,063 to $6,000 per month. The most common price point is the $2,400 range, where 8 units are currently listed.

New Orleans, LA Rent Price History

Timeframe
View as table
Month Avg Rent Change Properties
July 2026 $3,005 - 5
August 2026 $2,949 -$56 5
September 2026 $2,829 -$120 6
October 2026 $2,586 -$243 12

The trend line and monthly averages track each building's average listed price, recorded daily with outliers trimmed. The current month is a month-to-date figure, so it can sit above or below today's live market average shown at the top of this page.

Rent Price Distribution

Rent by Bedroom Type in New Orleans, LA

2 Bed
$2,732
from $1,063 · 44 units

Rent Prices by Apartment in New Orleans, LA

Property Starting at Average Units Rating
Marrero Commons $1,063/mo $1,260/mo 2 3.7
2424 Tulane Apartments $1,732/mo $1,945/mo 4 4.4
The Woodward Loft Apartments $1,745/mo $1,758/mo 3 3.9
The Strand $1,965/mo $3,062/mo 6 3.8
930 Poydras Apartments $1,975/mo $2,125/mo 2 4.5
Gravier Place Apartments $2,038/mo $2,038/mo 1 3.2
Civic Lofts Apartments $2,150/mo $2,150/mo 1 5

Frequently Asked Questions About Rent in New Orleans, LA

How many bedrooms are you looking for?

How many bedrooms are you looking for?

Scroll or tap to choose.
2 bedrooms

What is the average 2-bedroom rent in New Orleans, LA?
The average asking rent for 2-bedroom apartment listings in New Orleans, LA is $2,732 per month, as of October 2026. We calculate it from 44 priced units across 16 apartment buildings. These are advertised rents, not signed leases or renewal offers.

What rent range can I find in New Orleans, LA?
The 2-bedroom apartment listings we track in New Orleans, LA range from $1,063 to $6,000 per month, as of October 2026. These are the lowest and highest listed prices. They are not a typical price for every apartment. The building, floor plan, and lease terms can affect the price.

Are rents going up or down in New Orleans, LA?
There is not enough comparable history to report a reliable 30-day rent change for 2-bedroom apartment listings in New Orleans, LA. Missing dates or a change in the buildings we track can prevent a comparison. The chart uses recorded prices for 2-bedroom apartments with a known unit identity. It averages those prices within each building before comparing buildings. Missing history does not mean rents stayed flat.

How much is a 2-bedroom apartment in New Orleans, LA?
2-bedroom apartments average $2,732 per month across 44 priced listings in New Orleans, LA. Listed rents range from $1,063 to $6,000 per month, as of October 2026. Compare apartments with similar floor plans and lease terms.

Which tracked building has the lowest starting rent in New Orleans, LA?
Marrero Commons has the lowest starting rent among the buildings in the comparison table, at $1,063 per month. We track 2 priced listings matching your bedroom choice in that building, as of October 2026. The starting price applies to its lowest-priced matching apartment. Check that apartment's latest price and availability.

Which rent range has the most listings in New Orleans, LA?
The $2,400 to $2,600 monthly range has the most matching listings: 8 units, or 18.2% of the priced apartments we track in New Orleans, LA. This count does not tell us how fast the apartments rent.

How many apartment listings do you track in New Orleans, LA?
We track 44 priced units at 16 apartment buildings, as of October 2026. These are 2-bedroom apartments. This is not the total number of apartments in those buildings. A listing can change or become unavailable. Open the apartment details to check its latest status.

How much rent history is available for New Orleans, LA?
We have recorded rent data on 62 days from July 2026 through October 2026 for 2-bedroom apartment listings in New Orleans, LA. Some dates can be missing. The chart only shows recorded data. The current month includes the days recorded so far.

Why can the headline rent differ from the trend chart in New Orleans, LA?
The average at the top of the page gives each matching apartment equal weight. The chart first averages recorded prices within each building, then compares buildings. It removes the highest and lowest groups when at least ten buildings contribute and omits days with fewer than five buildings. Different dates, building counts, and listing mixes can produce different figures. The monthly table averages the recorded daily figures.

Does my bedroom choice change the prices and answers?
Yes. Your chosen area and bedroom count filter the asking rents, listing counts, rent ranges, and answers on this page. When you choose a bedroom count, the history chart uses recorded prices for matching apartments with a known identity. If those records are missing, we leave the chart empty rather than use prices for other bedroom types. Open an individual apartment to check its own price history.

Do these rents include utilities, parking, and other fees?
We use the published total monthly rent when it is available and the base rent otherwise. Unknown fees are not zero. Utilities, parking, pet charges, deposits, and one-time costs can add to the amount you pay. Check the selected unit and lease terms for a complete quote.

How should I compare free-rent offers with listed rent?
A free-rent offer can reduce the effective cost over a lease without changing the listed monthly rent. Compare the same lease length and move-in date, then include required charges and the offer conditions. The market averages do not assume an unconfirmed discount.

Does this page represent every rental in the market?
These figures describe the priced apartment listings we track, not every rental home or every occupied apartment. Coverage and the mix of bedrooms, buildings, and locations can change. A lower market average does not prove that the same apartment received a price cut.

How fresh are the New Orleans, LA rent figures?
We schedule rent updates each day, but buildings can have different price-check dates. The latest accepted price check for these listings was October 19, 2026. The month label does not mean we checked every price today. Open the building or apartment details for its latest price and availability.

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

$109,000/year

Based on the 30 percent rule, using our tracked average rent of $2,732/mo.

Comfortable income

$131,000/year

Based on the 25 percent rule, leaving more room for savings, transport, and groceries.

To afford the cheapest tracked apartment ($1,063/mo), you need to earn at least $43,000/year.

Median household income in New Orleans, LA is $55,339 , about 58% below the comfortable-living threshold.

Explore New Orleans, LA Apartments

Browse all 16 communities with daily-updated pricing and availability.

Browse All Apartments Find Your Match

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) $2,732
Utilities $334
Groceries $502
Transportation $797
Healthcare $389
Other goods and services $622
Estimated total $5,376/mo

Population

376,035

Median household income

$55,339

Census median rent

$1,211/mo

Census rent burden

35.4%

Median age

38.4

Mean commute

23 min

Methodology

Rent data

We use listed asking rents and schedule daily data updates. Individual buildings can have different verification dates. Check the building or unit page for its latest price and availability.

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

We estimate annual income by dividing annual rent by 30 percent for the affordability figure and 25 percent for the comfortable-income figure. These estimates are a guide, not a guarantee of rental approval.

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.
Louisiana Rent Trends
Compare rent across all Louisiana cities
New Orleans, LA Neighborhood Rent Map
See rent history by neighborhood on a map
Explore New Orleans, LA on Map
See neighborhoods and rent data interactively
US-wide rent comparison
See how New Orleans, LA rents stack up against the national median

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