New Orleans, LA Rent Trends

Rank #26, last updated January 27

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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 $1,450. The average rent of a 1-bedroom in New Orleans, LA is $1,500. The average rent of a 2-bedroom in New Orleans, LA is $1,400. The average rent of a 3-bedroom in New Orleans, LA is $1,800.

Studio

$1,450


1 bed

$1,500


2 beds

$1,400


3+ beds

$1,800

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

Apartment Rent Ranges in New Orleans

The monthly rent for apartments in New Orleans, LA ranges from $700 to $2,300+.

$700 - $1,100

$1,100 - $1,500

$1,500 - $1,900

$1,900 - $2,300

$2,300+

What is the average apartment size in New Orleans?

The average size of a New Orleans, LA apartment is 929 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 (36.3%) are 3+ bedroom apartments, while the fewest (2.59%) are studio apartments. Meanwhile, 2 bedroom apartments account for 32.59%, and 1 bedroom apartments make up 28.52%.

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*$1,844$2,573*
Central City*$1,195$1,600$1,800
Mid-City*$1,338$1,650*
Uptown*$1,498*$2,650

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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