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New Orleans, LA Rent Trends

Rank #52, last updated May 4

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 $1,100. The average rent of a 1-bedroom in New Orleans, LA is $1,248. The average rent of a 2-bedroom in New Orleans, LA is $1,488. The average rent of a 3-bedroom in New Orleans, LA is $1,900.

Studio

$1,100


1 bed

$1,248


2 beds

$1,488


3+ beds

$1,900

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 $600 to $2,200+.

$600 - $1,000

$1,000 - $1,400

$1,400 - $1,800

$1,800 - $2,200

$2,200+

What is the average apartment size in New Orleans?

The average size of a New Orleans, LA apartment is 865 square feet, while the median apartment size for New Orleans, LA is 870 square feet. However, square footage varies based on unit type. Most rentals in New Orleans, LA (51.19%) are 1 bedroom apartments, while the fewest (2.11%) are studio apartments. Meanwhile, 2 bedroom apartments account for 31.93%, and 3+ bedroom apartments make up 14.78%.

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*$2,178$3,050*
Fairgrounds$1,200$1,312$1,628*
French Quarter*$1,450$2,695*
Little Woods*$893$1,036*
Mid-City**$1,600$1,485
Treme - Lafitte*$1,095$1,500*
Uptown*$1,295*$2,925

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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