Average Rent in New Orleans, LA
15 apartment buildings, 115 units. Real asking prices, refreshed daily.
Avg Rent
$2,077/mo
Cheapest
$1,095/mo
Properties
15
Units
115
Analysis
Rent Price Breakdown
Compare pricing across all 15 properties in New Orleans, LA.
Average Rent by Property
Starting Price vs Average
Rent by Bedroom Count
Price per Square Foot
New Orleans, LA Rent Prices
All 15 properties ranked by lowest available rent.
Nola4Rent
7835 Maple St, New Orleans, LA 70118, USA
Gravier Place Apartments
837 Gravier St, New Orleans, LA 70112, USA
Thirteen15 Apartments
1315 Gravier St, New Orleans, LA 70112, USA
2424 Tulane Apartments
2424 Tulane Ave, New Orleans, LA 70119, USA
The Woodward Loft Apartments
344 St Joseph St, New Orleans, LA 70130, USA
The Paramount at South Market
611 O'Keefe Ave, New Orleans, LA 70113, USA
Josephine Lofts
427 Jackson Ave, New Orleans, LA 70130, USA
| # | Property | From | Avg | $/sqft | Rating | Units |
|---|---|---|---|---|---|---|
| 1 | Nola4Rent 7835 Maple St, New Orleans, LA 70118, USA | $1,095 | $1,396 | $1.81 | 4.6 (16) | 11 |
| 2 | Gravier Place Apartments 837 Gravier St, New Orleans, LA 70112, USA | $1,163 | $1,542 | $1.76 | 3.2 (20) | 2 |
| 3 | Thirteen15 Apartments 1315 Gravier St, New Orleans, LA 70112, USA | $1,400 | $1,935 | $3.65 | 4.8 (16) | 27 |
| 4 | 2424 Tulane Apartments 2424 Tulane Ave, New Orleans, LA 70119, USA | $1,440 | $1,794 | $2.27 | 4.4 (108) | 25 |
| 5 | The Woodward Loft Apartments 344 St Joseph St, New Orleans, LA 70130, USA | $1,605 | $1,605 | $2.65 | 3.9 (25) | 1 |
| 6 | The Paramount at South Market 611 O'Keefe Ave, New Orleans, LA 70113, USA | $1,648 | $2,254 | -- | 4.9 (171) | 9 |
| 7 | Josephine Lofts 427 Jackson Ave, New Orleans, LA 70130, USA | $1,675 | $2,009 | $2.48 | 4.2 (32) | 7 |
Explore Each Property
Nola4Rent
4.6 (16)7835 Maple St, New Orleans, LA 70118, USA
Gravier Place Apartments
3.2 (20)837 Gravier St, New Orleans, LA 70112, USA
Thirteen15 Apartments
4.8 (16)1315 Gravier St, New Orleans, LA 70112, USA
2424 Tulane Apartments
4.4 (108)2424 Tulane Ave, New Orleans, LA 70119, USA
The Woodward Loft Apartments
3.9 (25)344 St Joseph St, New Orleans, LA 70130, USA
The Paramount at South Market
4.9 (171)611 O'Keefe Ave, New Orleans, LA 70113, USA
New Orleans, LA Average Rent Prices 2026
The average rent in New Orleans, LA is $2,077 per month, based on 115 units across 15 apartment communities. Prices range from $1,095 at Nola4Rent to $4,325 at The Garage.
Average Rent by Bedroom Type
| Type | Avg Rent | Starting From | Units |
|---|---|---|---|
| Studio | $1,840/mo | $1,400/mo | 22 |
| 1 Bed | $1,750/mo | $1,095/mo | 55 |
| 2 Bed | $2,729/mo | $1,195/mo | 37 |
| 3 Bed | $1,163/mo | $1,163/mo | 1 |
Every price comes directly from each property's leasing system, 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 $1,750/mo, with two-bedroom units averaging $2,729/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
30 percent rule -- using our average rent of $2,077/mo.
Comfortable income
$100,000/year
25 percent rule -- leaves more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($1,095/mo), you need to earn at least $44,000/year.
Median household income in New Orleans, LA is $55,339 , about 44% 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) | $2,077 |
| Utilities | $334 |
| Groceries | $502 |
| Transportation | $797 |
| Healthcare | $389 |
| Other goods and services | $622 |
| Estimated total | $4,721/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 | Properties |
|---|---|---|---|
| Baton Rouge, LA | $1,533 | -26% | 13 |
| Lafayette, LA | $1,211 | -42% | 10 |
| Shreveport, LA | $1,135 | -45% | 9 |
Frequently asked questions
What is the average rent in New Orleans, LA?
The average rent in New Orleans, LA is $2,077 per month, based on 115 units across 15 apartment buildings tracked by Average Rent. Prices are updated every morning through our proprietary data sourcing.
What is the cheapest apartment rent in New Orleans, LA?
The lowest available rent in New Orleans, LA starts at $1,095 per month. Availability changes daily as leasing data is refreshed each morning.
How much is a 1-bedroom apartment in New Orleans, LA?
1-bedroom apartments in New Orleans, LA average $1,750/mo. The lowest listed 1-bedroom starts at $1,095/mo across 55 units tracked.
How much is a 2-bedroom apartment in New Orleans, LA?
2-bedroom apartments in New Orleans, LA average $2,729/mo. Units start from $1,195/mo across 37 units currently listed.
Rent Trends in New Orleans, LA
Track how apartment prices are changing over time.
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