136

Studio Apartments for Rent in New Orleans, LA

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  • /139

    Starting at $1,325 Per Month

    • Studio - 2 Beds

    925 Common St, New Orleans, LA 70112

    At 925 Common, refined living is part of everyday life. From the stunning rooftop infinity-edge pool overlooking downtown to the exclusive sky lounge and 24-hour fitness center, every space is designed for both relaxation and convenience. Inside your home, enjoy thoughtfully curated finishes like granite countertops, in-unit laundry, and high-speed connectivity—all wrapped in a pet-friendly

    925 Common

    925 Common St, New Orleans, LA 70112
  • /24

    $2,300 Per Month

    • Studio
    • 975 Sq Ft
    • Apartment for Rent

    4307 Canal St, New Orleans, LA 70119

    Location, Location, Location! This is your opportunity to gain outstanding visibility for your business with prime frontage along one of the most popular and heavily traveled streets in the city of New Orleans! This second-floor suite features a beautiful balcony on a corner lot overlooking the historic Canal Street streetcar line which runs directly in front of the building, providing convenient

    Agent Photo

    Rhonda Lacoste

    United Real Estate Partners LLC

    4307 Canal St, New Orleans, LA 70119
  • /67

    Starting at $1,099 Per Month

    • Studio - 2 Beds

    2233 St Charles Ave, New Orleans, LA 70130

    The Georgian stands proud among the historic mansions of St. Charles Avenue. Located in the Garden District, we are just minutes from the central business district and the world-famous French Quarter. Entertainment options are nearly endless with Magazine Street shops and the Arts District within walking distance. Travel on the streetcar to Tulane or Loyola University, Audubon Park and the zoo,

    The Georgian

    2233 St Charles Ave, New Orleans, LA 70130
  • /8

    $1,100 Per Month

    • Studio
    • 1 Bath
    • 300 Sq Ft
    • Apartment for Rent

    708 Orleans St Unit 3, New Orleans, LA 70116

    Super-Cute STUDIO Located in the Heart of the Historic French Quarter located at Orleans & Royal Street. Stainless Appliances, On-Site Laundry, Includes Private *Interior Balcony*. Non-Smoking Property, 12-24 Month Lease Options, Water/Rubbish Service Included. No Subleasing, No-Pet Property. Third-Floor Walk-Up. Welcome to 708 Orleans in the Historic French Quarter!

    Agent Photo

    Steve Richards

    Ricci Real Estate

    708 Orleans St Unit 3, New Orleans, LA 70116
  • /94

    Starting at $1,125 Per Month

    • Studio - 3 Beds

    3443 Esplanade Ave, New Orleans, LA 70119

    Living in the "Big Easy" has never been this easy or as rewarding as it is now at Esplanade at City Park. Location in Mid City, New Orleans directly across from historic City Park and the New Orleans Museum of Art. We are also within walking distance to LSU School of Dentistry and a convenient drive to all that New Orleans has to offer! Come see all that Esplanade at City Park has to offer!

    Esplanade at City Park

    3443 Esplanade Ave, New Orleans, LA 70119
  • /11

    $1,100 Per Month

    • Studio
    • 1 Bath
    • 550 Sq Ft
    • Apartment for Rent

    2300 Jena St Unit B, New Orleans, LA 70115

    Cozy upper rear studio in Uptown 4-plex, just off Freret St and Napoleon Ave. Gas stove, fridge/freezer, and shared laundry in shed. The apartment features hardwood floors, high ceilings, great natural light and nice use of space. Shared outdoor yard space. Water included and pets ok with additional deposit.

    Agent Photo

    Jenna Cosse

    Collab Realty, LLC

    2300 Jena St Unit B, New Orleans, LA 70115
  • /80

    Starting at $1,553 Per Month

    • Studio - 2 Beds

    1100 Girod St, New Orleans, LA 70113

    The Odeon is a luxury apartment community committed to creating a warm, inviting home for our residents. With a fully equipped fitness center and yoga room, saltwater swimming pool, and thoughtful floor plans, The Odeon is the perfect sanctuary to live and work from home in New Orleans. The Odeon is following CDC best practices and is available for appointments or video tours.

    The Odeon at South Market

    1100 Girod St, New Orleans, LA 70113
  • /10

    $1,200 Per Month

    • Studio
    • 1 Bath
    • 400 Sq Ft
    • Condo for Rent

    1205 St Charles Ave Unit 606, New Orleans, LA 70130

    Experience effortless living on iconic St. Charles Avenue, ideally situated near the Central Business District and just a classic streetcar ride from Tulane and Loyola University. This fully furnished studio condo offers comfort, convenience, and security in one of New Orleans’ most desirable corridors.Residents enjoy 24-hour on-site security along with premium amenities including a swimming

    Agent Photo

    STEPHANIE WOODSIDE

    Keller Williams Realty New Orleans

    1205 St Charles Ave Unit 606, New Orleans, LA 70130
  • /68

    Starting at $775 Per Month

    • Studio - 2 Beds

    5000 Woodland Dr, New Orleans, LA 70131

    Forest Isle is a gated apt community located on the Westbank of New Orleans. Drive through our guarded entrance and enjoy peaceful tropical living with all the modern amenities you have come to expect. Enjoy a swim in our sparkling swimming pool, a work out in our modern fitness center, or a stroll with your dog on the levee overlooking the Intracoastal Waterway. Forest Isle is a short drive to

    Forest Isle

    5000 Woodland Dr, New Orleans, LA 70131
  • /13

    $2,750 Per Month

    • Studio
    • 2,322 Sq Ft
    • Apartment for Rent

    424 S Broad St, New Orleans, LA 70119

    Prime Mid-City commercial opportunity at the highly visible corner of S. Broad Street, directly across from the courthouse in one of New Orleans’ most active business corridors. Zoned MU-1, this versatile property offers a wide range of potential uses for restaurateurs, professional offices, retail, creative workspace, and other commercial ventures looking to benefit from strong daily traffic and

    Agent Photo

    STEPHANIE WOODSIDE

    Keller Williams Realty New Orleans

    424 S Broad St, New Orleans, LA 70119
  • /25

    Starting at $246 Per Month

    • Studio - 1 Bed

    200 Carondelet St, New Orleans, LA 70130

    Welcome to 200 Carondelet, where contemporary living meets individuality in the heart of the city. Our residence boasts an array of loft-style floorplans, each a testament to unique design and tailored living spaces. From cozy studios to spacious one-bedroom layouts, every residence at 200 Carondelet is thoughtfully crafted to provide a distinctive living experience. Embrace the charm of diverse

    200 Carondelet

    200 Carondelet St, New Orleans, LA 70130
  • /15

    $5,000 Per Month

    • Studio
    • 4,760 Sq Ft
    • House for Rent

    5130 Tchoupitoulas St, New Orleans, LA 70115

    Zoned MU-1. Located right in the heart of Uptown, this recently renovated two-story building offers ±4,700 SF of flexible space. With multiple private offices, open work areas, and MU-1 zoning, it’s perfect for professional firms, medical/wellness, boutique retail, or even a café. Just minutes from Magazine Street, downtown, and neighborhood favorites like Tipitina’s, this spot puts your business

    Agent Photo

    Jiarra Rayford

    Rayford Realty NOLA LLC

    5130 Tchoupitoulas St, New Orleans, LA 70115
  • /32

    Starting at $850 Per Month

    • Studio - 3 Beds

    3400 Garden Oaks Dr, New Orleans, LA 70114

    *Property Alert*This is a NOTICE OF the PLANNED OUTAGE from Entergy The city council approved our power to grow plan, which provides reliability upgrades that make our system more reliable. To make these upgrades, we routinely plan outages, which include replacing poles, or maintaining and upgrading equipment.We have identified equipment in your neighborhood that requires a

    Whispering Palms Apts

    3400 Garden Oaks Dr, New Orleans, LA 70114
  • /32

    Starting at $1,140

    Total Monthly Price

    • Studio - 3 Beds

    615 S Johnson St, New Orleans, LA 70112

    Your dream apartment is waiting for you here at The Residences at LSU Health. Located just minutes from LSUHSC and the Medical District, our apartments are perfect for health and medical students, working professionals, professors, and others affiliated with LSU and Tulane health who desire the convenience of our incredible location. Our apartment community in New Orleans is one of a kind.

    The Residences

    615 S Johnson St, New Orleans, LA 70112
  • /19

    Starting at $1,126

    Total Monthly Price

    • Studio

    12330 I-10 Service Rd, New Orleans, LA 70128

    Big spacious newly renovated rooms. We offer flexible payment terms of weekly and monthly rates with no long-term leases and bad credit is OK. Internet access is also available.Siegel Select New Orleans offers great extended stay hotel suites and apartment rentals in Louisiana! We offer studio apartment style suites, as well as one and two bedroom units, which can be rented weekly or

    Siegel Select New Orleans

    12330 I-10 Service Rd, New Orleans, LA 70128
  • /27

    Starting at $810 Per Month

    • Studio

    5855 Citrus Blvd, New Orleans, LA 70123

    Almondtree's studio apartments have a separate kitchen, private patio or balcony, and pool. Located just off the Earhart Expressway, Almondtree sits at the crossroads to anywhere in the Greater New Orleans area. Almondtree is minutes away from the Louis Armstrong Airport, Elmwood Shopping Mall, the Palace Theatre, Metairie, and downtown New Orleans.(Additional water/exterminating/trash fee:

    Almondtree

    5855 Citrus Blvd, New Orleans, LA 70123
  • /28

    Starting at $795 Per Month

    • Studio - 3 Beds

    3401 Garden Oaks Dr, New Orleans, LA 70114

    We are committed to providing quality affordable housing to New Orleans. We offer completely renovated studio, 1, 2 and 3 bedroom apartments. Skyview Terrace Apartments are conveniently located just off of General De Gaulle in Algiers, minutes to downtown and the French Quarter. Skyview Terrace offers you the ideal combination of size and service in an apartment complex. It is large enough to be

    Skyview Terrace

    3401 Garden Oaks Dr, New Orleans, LA 70114
  • /2

    $900 Per Month

    • Studio
    • 1 Bath
    • Condo for Rent

    920 Conti St Unit 4, New Orleans, LA 70112

    Property Id: 2598561This cozy studio in the heart of the French Quarter is perfectly located if you work in the French Quarter or just love visiting the French Quarter. Great windows with lots of light, they have shutters if you don't want lots of light. Gated parking available with additional cost.

    920 Conti St Unit 4, New Orleans, LA 70112
  • /8

    $950 Per Month

    • Studio
    • 1 Bath
    • 377 Sq Ft
    • Condo for Rent

    2115 Danneel St Unit 102, New Orleans, LA 70113

    Property Id: 2619220Welcome to your dream home! This beautifully renovated first-floor studio apartment is a perfect blend of modern comfort and urban convenience. Nestled in a gated building in a vibrant neighborhood buzzing with new developments, you'll be just minutes away from the excitement of downtown New Orleans and Metairie. Prime Location: Just blocks from iconic St. Charles

    2115 Danneel St Unit 102, New Orleans, LA 70113
  • /12

    $1,150 Per Month

    • Studio
    • 1 Bath
    • 400 Sq Ft
    • Condo for Rent

    840 Ursulines Ave Unit 2, New Orleans, LA 70116

    Property Id: 1092431Nice Studio, 1 Bathroom Apartment, Full Kitchen (includes gas stove and refrigerator), Ample Storage, High Ceilings with Ceiling Fan and Tall Windows, Tiled Floors, Laundry on Premises, Sewerage and Water Board Paid by Owner, Shared Courtyard, Street Parking, No Smoking, No Pets, Contact our office with any further questions or

    840 Ursulines Ave Unit 2, New Orleans, LA 70116
  • /5

    $1,000 Per Month

    • Studio
    • 1 Bath
    • Condo for Rent

    1844 Pauline St Unit 1844 Pauline Street, New Orleans, LA 70117

    Property Id: 2612049I bed room livrm, kichen , bath stove and refrigerator . This home is in quiet neighborhood close to elementry Schools .

    1844 Pauline St Unit 1844 Pauline Street, New Orleans, LA 70117
  • /11

    $1,100 Per Month

    • Studio
    • 1 Bath
    • 338 Sq Ft
    • Condo for Rent

    421 Burgundy St Unit 4, New Orleans, LA 70112

    Property Id: 2048918Studio, 1 Bathroom Apartment,Heart of the French Quarter Neighborhood,Furnished,Small Kitchen (including stove and refrigerator),Bathroom has Shower Only,Hardwood Floors,Gated Entry,Shared Laundry on Premises,No Smoking,No Pets,Contact our office with any further questions or for a private showing...Ethel Kidd Real Estate,

    421 Burgundy St Unit 4, New Orleans, LA 70112
  • /13

    $1,500

    Total Monthly Price

    • Studio
    • 1 Bath
    • 358 Sq Ft
    • Condo for Rent

    900 Bartholomew St Unit 103, New Orleans, LA 70117

    Experience turnkey Bywater living at The Saxony, a luxury condo building designed for comfort, convenience, and an easy New Orleans lifestyle, with flexible lease terms available including 6, 9, or 12 month options. This first floor studio is offered fully furnished with all appliances included (washer, dryer, refrigerator, dishwasher, microwave, range and oven), making it an ideal rental option

    900 Bartholomew St Unit 103, New Orleans, LA 70117
  • /5

    $1,200

    Total Monthly Price

    • Studio
    • 1 Bath
    • 1,000 Sq Ft
    • House for Rent

    2528 Martin Luther King jr Blvd, New Orleans, LA 70113

    Fully furnished studio located uptown , New Orleans ! $1200/month — utilities included !

    2528 Martin Luther King jr Blvd, New Orleans, LA 70113
  • /11

    $1,200

    Total Monthly Price

    • Studio
    • 1 Bath
    • 600 Sq Ft
    • Condo for Rent

    1205 Saint Charles Ave Unit 1307, New Orleans, LA 70130

    Furnished corner unit with great view of the city. Gated community with 24 hour security guard. Dedicated parking spot, pool and hot tub area, gym, laundry area located in the lobby area. Great proximity to many areas in the city and located on the street car line. Convenient to universities Uptown and Downtown. No undergrads. No pets. Electricity paid by owner up to $100 a month. After that

    1205 Saint Charles Ave Unit 1307, New Orleans, LA 70130
  • /11

    $595

    Total Monthly Price

    • Studio
    • 1 Bath
    • 100 Sq Ft
    • House for Rent

    8627 Apple St, New Orleans, LA 70118

    Tiny Studio Space with side yard. Front and rear yard. very quiet. Close to public service transportation. Close to coffee shop and Ochsner Hospital. Close to urgent care and Tulane/Loyola Universities. Close to Sav A Lot food store and Notre Dame Seminary and I HOP. Close to Seafood restaurant. Close to Catholic church and schools.

    8627 Apple St, New Orleans, LA 70118
  • /14

    $1,300

    Total Monthly Price

    • Studio
    • 1 Bath
    • 400 Sq Ft
    • Condo for Rent

    1314 Pleasant St Unit Apartment A, New Orleans, LA 70115

    Great furnished studio apartment with a roomy living area, sleeping alcove, galley kitchen, and front porch. Electricity, gas, water, and wifi included. The studio has a fully equipped galley kitchen and in-unit washer and dryer that are separate from the main living area. Large smart tv in living area. Ample street parking in a quiet neighborhood with amazing walkability. Easily walk to grocery

    1314 Pleasant St Unit Apartment A, New Orleans, LA 70115
  • /9

    $950 Per Month

    • Studio
    • 1 Bath
    • 600 Sq Ft
    • House for Rent

    421 S Lopez St Unit B, New Orleans, LA 70119

    Studio apartment with tons of closet space, washer/dryer combo in unit, and full bathroom. Backyard access from unit's rear door. Keyless locks entering the building and the unit's front door. Shared backyard. Mere blocks from Canal St. catch the streetcar for the commute to downtown. Water is included.

    RENAE BERTHELOT Satsuma Property Management

    421 S Lopez St Unit B, New Orleans, LA 70119
  • /9

    $895 Per Month

    • Studio
    • 1 Bath
    • 320 Sq Ft
    • Check This Studio!

    4417 Chestnut St, New Orleans, LA 70115

    Charming studio apartment available in the desirable Uptown area. This cozy space features an open floor plan, a full kitchen, and a private bathroom. Conveniently located with easy access to shopping, restaurants, public transportation, parks, and local universities. Ideal for students, professionals, or anyone seeking comfortable city living in a vibrant neighborhood. Contact us today to

    4417 Chestnut St, New Orleans, LA 70115
  • /3

    $1,000 Per Month

    • Property for Rent

    4520 Downman Rd, New Orleans, LA 70126

    This 100' x 150' ground lease offers an excellent location on Downman Road, just off Dwyer Road, with convenient access to I-10. The property is ideal for storing equipment, commercial vehicles, trailers, or other business assets. Its accessible location makes it a practical choice for contractors, fleet operators, and businesses seeking secure outdoor storage space.

    Theresa Rowe Green Star Realty, LLC

    4520 Downman Rd, New Orleans, LA 70126
  • /9

    $3,000 Per Month

    • Studio
    • 2 Baths
    • 1,375 Sq Ft
    • 4438-4440canal

    4438-4440 Canal St Unit 4440 COMM, New Orleans, LA 70119

    4438-4440 Canal St Unit 4440 COMM, New Orleans, LA 70119
  • /5

    $1,000 Per Month

    • Studio
    • 1 Bath
    • 456 Sq Ft
    • Apartment for Rent

    3711 Louisiana Avenue Pkwy Unit A, New Orleans, LA 70125

    Charming Broadmoor studio unit! Location is everything at 3711 Louisiana Parkway, Apt A, featuring a cozy layout encompassing 465 square feet in the heart of the Broadmoor area. This property offers an excellent commute, located just three minutes from South Claiborne Avenue and seven minutes from Loyola University. Rent is set at $1,000 per month, plus a flat fee of $150 per month for

    Codee Jones Property Quest Realty

    3711 Louisiana Avenue Pkwy Unit A, New Orleans, LA 70125
  • /15

    $1,200 Per Month

    • Studio
    • 1 Bath
    • 625 Sq Ft
    • Condo for Rent

    1809 Magazine St, New Orleans, LA 70130

    Spacious walk-up studio apartment located in the Lower Garden District directly above The Cat Practice on Magazine Street. This unique layout features 2 separate living areas offering much more flexibility than a typical studio. The interior features a neutral color palette with historic brick details, tons of natural light from a wide bank of windows, and brand-new ductless mini-split AC units.

    Emily Haynie Ferraro KELLER WILLIAMS REALTY 455-0100

    1809 Magazine St, New Orleans, LA 70130
  • /4

    $1,500 Per Month

    • 0.5 Baths
    • Property for Rent

    4522 Downman Rd, New Orleans, LA 70126

    15,000 plus sq/ft gravel lot available for lease, short term or long term. Lots dimensions are 100ft wide x 150' long. Common driveway between two commercial structures to access the back lot. 8ft chainlink fence surrounds back lot, owner will install electric gate across the common driveway. Commercial tenant at 4520 Downman has cameras and has access to park two vehicles. Small cinder block

    Jared Zeller Keller Williams Realty New Orleans

    4522 Downman Rd, New Orleans, LA 70126
  • /19

    $1,499 Per Month

    • Studio
    • 1 Bath
    • 900 Sq Ft
    • House for Rent

    623 Royal St Unit 4, New Orleans, LA 70130

    Welcome to 625 Royal Street #4 — a rare top-floor residence that feels more like a tucked-away Parisian flat than a typical French Quarter apartment. Perched beneath the roofline of a beautifully maintained 19th-century building, this fourth-floor walk-up offers a private, character-filled retreat above one of New Orleans’ most beautiful and storied streets.Inside, slanted ceilings and exposed

    Graham Holly Berkshire Hathaway HomeServices Preferred, REALTOR

    623 Royal St Unit 4, New Orleans, LA 70130
  • /5

    $5,000 Per Month

    • Property for Rent

    6650 Franklin Ave, New Orleans, LA 70122

    10,000sf - 60,000 sf outparcels available for ground lease or build to suit. This property is located in the only grocery store anchored shopping center in the area. Join Rouses Market, CVS, Smoothie King, Quest Diagnostics and other national brands in this great center.

    Matt Eaton Southeast Commercial of MS, LLC

    6650 Franklin Ave, New Orleans, LA 70122
  • /9

    $1,200 Per Month

    • Studio
    • 1,200 Sq Ft
    • Condo for Rent

    10555 Lake Forest Blvd Unit 5E&5H, New Orleans, LA 70127

    COMMERCIAL 1200 sf professional office suite available FOR LEASE within Deer Park Office Condominiums. Great space for various businesses i.e. Law, Medical, Insurance etc; offering 3 private offices, a reception area with seating, reception desk, conference room, copy area, coffee station, and access to a shared storage/electrical closet. Partial furnishings included: conference table, chairs,

    Joan Harris KELLER WILLIAMS REALTY 455-0100

    10555 Lake Forest Blvd Unit 5E&5H, New Orleans, LA 70127
  • /8

    $5,500 Per Month

    • Studio
    • 590 Sq Ft
    • House for Rent

    315 Decatur St, New Orleans, LA 70130

    VCE-1 zoned commercial space in the heart of the French Quarter! Most recently a tour-booking kiosk, the space features a street-facing front room (appx. 210sqft), 2 interior offices (appx. 85sqft each), large storage room and a half-bath. Potential retail, office, massage, etc. Gross lease: tenant pays Entergy & internet, owner pays SWB. Call today to schedule a viewing.

    Andrew Grafe FQR Realtors

    315 Decatur St, New Orleans, LA 70130
  • /12

    $1,050 Per Month

    • Studio
    • 1 Bath
    • 420 Sq Ft
    • Apartment for Rent

    526 S Saint Patrick St Unit A, New Orleans, LA 70119

    Studio apartment in Mid City available August 1st. Central HVAC, dishwasher, and washer/dryer in-unit. Pet friendly with owner approval and fees. Great front porch overlooking Saint Patrick Park. 2 blocks to Banks Street, 5 blocks to the Canal Streetcar, and easy access to Carollton Ave and the interstate. Owner is a licensed Broker with the LREC. Contact listing agent to schedule showing or for

    Jesse Coleman Keller Williams Realty New Orleans

    526 S Saint Patrick St Unit A, New Orleans, LA 70119
  • /5

    $2,000 Per Month

    • Property for Rent

    2200 Gravier St, New Orleans, LA 70119

    Land Lease / Development Opportunity!This lot is adjacent to two additional lots. Owner would like to lease them together as one for either a short term, or long term NNN lease. Located in an opportunity zone and zoned MU-2 (High Intensity Mixed Use) they are moments from the medical corridor and the Superdome. Major cross streets are Tulane and Poydras.(Lots are listed for $2000 per lot

    JACQUELYN MIGDAL Freret Realty

    2200 Gravier St, New Orleans, LA 70119

Showing Results 1 - 40, Page 1 of 2

Why Live in New Orleans

New Orleans captivates residents with its vibrant French Quarter, where historic architecture and lively entertainment converge around Jackson Square and the iconic St. Louis Cathedral, the oldest continuously used cathedral in the United States. The Garden District showcases grand mansions and lush gardens, accessible via the St. Charles Avenue streetcar. Music flows through the city's veins, from the authentic jazz at Preservation Hall to the local scene along Frenchmen Street at venues like The Spotted Cat and Blue Nile. Culinary excellence defines the city through institutions like Commander's Palace, a Garden District landmark serving haute Creole cuisine, and Antoine's Restaurant, the oldest family-run establishment in New Orleans, known for creating Oysters Rockefeller.

The New Orleans real estate market presents diverse options across distinct neighborhoods. The Garden District commands the highest median single family home prices at $1,140,000, while Mid-City provides more affordable options with a median price of $387,000. The French Quarter's median single family home price sits at $499,000, and Uptown homes typically sell for a median of $629,000. Citywide, the median sale price for all homes is $335,000, with townhomes at $411,000 and condos ranging from $260,000 for one bedroom to $387,000 for two bedrooms.

Living costs in New Orleans run 12.2% above the national average. A family with school-age children needs approximately $117,000 annually to live comfortably, while renters should aim for $65,000. The combined sales tax rate stands at 10.12%, including a 5% state rate and 5.12% local rate. Education options include highly rated private schools like Isidore Newman School and public institutions such as the New Orleans Center for Creative Arts. The city experiences subtropical weather with hot, humid summers averaging 90°F and mild winters around 45°F, with consideration needed for flooding risks during hurricane season from June to November.

Frequently Asked Questions

How much does it cost to rent a home in New Orleans, LA?
The median rent for a home in New Orleans, LA is $1,750 per month, though prices vary by neighborhood, size, and property type. As of July 2026, single-family homes tend to be the most affordable option while townhouses and condos are currently more expensive.
How much do you need to make to afford rent in New Orleans, LA?
To comfortably afford the median rent in New Orleans, LA, a household needs to earn roughly $70,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,750 per month in New Orleans, LA, renters typically need to show $5,250 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in New Orleans, LA?
In New Orleans, LA, the price-to-rent ratio is 15.8, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in New Orleans, LA are best for renting a home?
The best neighborhood for renting in New Orleans, LA depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include French Quarter, Central City, Tulane-Gravier, Mid-City and New Metairie North, each with its own character and price range.

Rental Home Trends

Number of Homes for Rent
75
Median Rent
$1,750
Median Single Family Home Rent
$1,750
Median Townhouse Rent
$1,800
Median Condo Rent
$1,800
How to Rent a Home