New Orleans, LA Rent Trends

Rank #34, last updated June 17

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To calculate the apartment rental trends in each city or neighborhood, ApartmentAdvisor evaluates thousands of available apartment listings in a given market and updates this information daily.

What is the average rent in New Orleans?

The average rent of a studio apartment in New Orleans, LA is $1,475. The average rent of a 1-bedroom in New Orleans, LA is $1,413. The average rent of a 2-bedroom in New Orleans, LA is $1,550. The average rent of a 3-bedroom in New Orleans, LA is $1,850.

Studio

$1,475


1 bed

$1,413


2 beds

$1,550


3+ beds

$1,850

Note: We calculate "average" rent as the median, or midpoint, to eliminate any skew from extremely high-priced or low-priced units.

Rent Prices Over Time in New Orleans

Jun 02 2024Jul 16 2024Aug 30 2024Oct 15 2024Nov 30 2024Jan 15 2025Mar 02 2025Apr 17 2025Jun 17 2025$1,000$1,200$1,400$1,600$1,800
  • New Orleans
  • National

Apartment Rent Ranges in New Orleans

The monthly rent for apartments in New Orleans, LA ranges from $800 to $2,400+.

$800 - $1,200

$1,200 - $1,600

$1,600 - $2,000

$2,000 - $2,400

$2,400+

What is the average apartment size in New Orleans?

The average size of a New Orleans, LA apartment is 960 square feet, while the median apartment size for New Orleans, LA is 900 square feet. However, square footage varies based on unit type. Most rentals in New Orleans, LA (34.97%) are 2 bedroom apartments, while the fewest (3.5%) are studio apartments. Meanwhile, 1 bedroom apartments account for 34.97%, and 3+ bedroom apartments make up 26.57%.

Studio

One bedroom

Two bedrooms

Three+ bedrooms

What is the average rent for various neighborhoods in New Orleans?

Studio1 bed2 beds3+ beds
Central Business District*$2,222$2,990*
French Quarter*$1,650$2,288*
Mid-City*$1,363$1,500*
Treme - Lafitte*$1,050$1,475*

Note: We calculate "average" rent as the median, or midpoint, to eliminate any skew from extremely high-priced or low-priced units.

* Insufficient data to calculate value

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