206

Studio Apartments for Rent in New Orleans, LA

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  • /155

    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
  • /34

    Starting at $1,390 Per Month

    • Studio - 1 Bed

    1325 Annunciation St, New Orleans, LA 70130

    An authentic residential experience in one of the trendiest neighborhoods in the city - that's life at The Delaneaux - a community of luxury apartments in New Orleans. This is where modern design meets practical functionality, where comfort meets style, and where your story begins.From the spacious floor plans and oversized balconies to the state-of-the-art fitness center, movie theater,

    Delaneaux

    1325 Annunciation St, New Orleans, LA 70130
  • /5

    $3,500 Per Month

    • Studio
    • 280 Sq Ft
    • House for Rent

    4338 Banks St, New Orleans, LA 70119

    Formerly an auto repair shop located in the heart of Banks Street high traffic business corridor. Leasing only building and ALL front parking lot spaces and backyard area closest to building. In addition, ALL equipment and tools are included with lease.

    Agent Photo

    Trudy Kent

    Compass Westbank

    4338 Banks St, New Orleans, LA 70119
  • /67

    Starting at $1,155 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
  • /11

    $1,400 Per Month

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

    3300 St Charles Ave Unit 2, New Orleans, LA 70115

    **Carnival Parade Route with Parking!** Available Early September, this FULLY FURNISHED First Floor Studio (all open floor-plan) Features Hardwood and Tile Flooring, Opening Windows to St Charles Avenue -- parade viewing! On-Site Laundry, Assigned Parking, Water and Rubbish Service Included, Non-Smoking Propety, *Absolutely No Pets* Located at St Charles Avenue at Pleasant/Toledano Street just

    Agent Photo

    Steve Richards

    Ricci Real Estate

    3300 St Charles Ave Unit 2, New Orleans, LA 70115
  • /32

    Starting at $1,290 Per Month

    • Studio - 2 Beds

    3701 Conti St, New Orleans, LA 70119

    At Lumina, enjoy trendy living spaces with ten-foot ceilings and conveniences such as full-size washers and dryers. The contemporary kitchens with custom-designed island tables offer the perfect spot for a quick bite or friendly get-together, while private patios make each apartment the ultimate place to live and entertain.Designed for the busy urban professional who needs a cozy place to

    Lumina

    3701 Conti St, New Orleans, LA 70119
  • /11

    $1,050 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
  • /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
  • /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
  • /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
  • /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
  • /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
  • /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
  • /8

    Starting at $1,658 Per Month

    • Studio - 3 Beds

    821 Tchoupitoulas St, New Orleans, LA 70130

    Memoir Warehouse District offers elevated design, amplified amenities, and beautiful shared spaces to create an inspired apartment living experience for your best chapter. We provide Studio, One-Bedroom, Two-Bedroom, and Three-Bedroom layouts in the storied Warehouse District of New Orleans. Amenities include a 24-hour concierge, rooftop bar and pool deck, 24/7 fitness studio, and a complimentary

    Memoir Warehouse District

    821 Tchoupitoulas St, New Orleans, LA 70130
  • /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
  • /36

    Starting at $1,300

    Total Monthly Price

    • Studio - 2 Beds

    8600 Pontchartrain Blvd, New Orleans, LA 70124

    Luxury apartments at Sailboat Bay offer a stunning view of sailboats on the Orleans Marina. Sailboat Bay has such features as beautiful landscaped courtyards, a private pool, covered parking, and balconies overlooking the courtyard or the marina. Located in West End, this apartment complex puts you within walking distance of several restaurants, shopping centers, schools, and the lakeside

    Sailboat Bay

    8600 Pontchartrain Blvd, New Orleans, LA 70124
  • /19

    Starting at $1,079

    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
  • /20

    Starting at $950 Per Month

    • Studio

    1900 Esplanade Ave, New Orleans, LA 70116

    Located just 9 blocks from the French Quarter on the Esplanade Ridge/Treme part of Esplanade Avenue. This turn of the century home was converted into apartments a long time ago. It is a great historic location on an architecturally impressive street. You can stroll along the walking median and admire the grand oak trees that line Esplanade Avenue or take a 10 minute bike ride to City park. Each

    1900 Esplanade Ave, New Orleans, LA 70116
  • /8

    $950 Per Month

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

    2115 Danneel St Unit 102, New Orleans, LA 70113

    Property Id: 2619220 Welcome 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
  • /3

    $1,150 Per Month

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

    840 Ursulines Ave, New Orleans, LA 70116

    Property Id: 2769338 Nice Studio, 1 Bathroom Ground Floor Apartment, Full Kitchen (includes gas stove and refrigerator), 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, **PICTURES COMING SOON** Contact our

    840 Ursulines Ave, New Orleans, LA 70116
  • /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: 2048918 Studio, 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

    421 Burgundy St Unit 4, New Orleans, LA 70112
  • /6

    $1,250

    Total Monthly Price

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

    7802 Jeannette St Unit Studio, New Orleans, LA 70118

    Studio apartment for rent behind main home at the corner of Jeannette and Burdette. Perfect for an individual. Safe quiet family neighborhood. Convenient parking at street. Small pets welcome.Easy walking distance to Tulane, Loyola, and Willow School. Assortment of neighborhood restaurants. Close to grocery. Three blocks to street car and bus.Backyard pool and BBQ area are

    7802 Jeannette St Unit Studio, New Orleans, LA 70118
  • /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

    $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
  • /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
  • /11

    $825 Per Month

    • Studio
    • 1 Bath
    • 325 Sq Ft
    • Charming Studio in Mid-City New Orleans – Utilities Included, Modern Kitchen, Shared Laundry

    2536 Conti St, New Orleans, LA 70119

    Welcome to 2536 Conti St, a cozy studio retreat in the heart of New Orleans’ vibrant Mid-City. This thoughtfully designed 325 sq ft studio offers effortless living with water and sewage included, making monthly budgeting a breeze. Step inside to a bright, efficient layout that maximizes every inch. The modern kitchen features a range oven, microwave, refrigerator, and freezer—perfect for

    2536 Conti St, New Orleans, LA 70119
  • /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
  • /9

    $895 Per Month

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

    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
  • /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
  • /5

    $700 Per Month

    • Studio
    • 1 Bath
    • Condo for Rent

    716 Adams St Unit 7, New Orleans, LA 70118

    Private office for lease. Building has parking in the back. Walk to everything Maple St has to offer, only a 1/2 block away. Utilities and common area maintenance included in rent. WIFI included, as well. Shared back deck with lots of sun!AMENITIES:* Off Street Parking Available* All Utilities Included* Walkable Neighborhood* Internet IncludedBy submitting your

    716 Adams St Unit 7, New Orleans, LA 70118
  • /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

    $3,000 Per Month

    • Studio
    • 2 Baths
    • 1,375 Sq Ft
    • 4438-4440 Canal St.

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

    Located on the Canal St. streetcar line in New Orleans, this commercial space offers a great space with a waiting room, offices and with two full bathrooms. The prominent streetcar access provides easy transit visibility and connectivity, making it well suited for a variety of commercial uses. Positioned for convenient access to surrounding businesses and public transportation, the space combines

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

    $1,050 Per Month

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

    1301 Napoleon Ave Unit J, New Orleans, LA 70115

    Studio Apartment in the heart of Uptown right on the Mardi Gras parade route. Hardwood floors. Tons of natural light. Laundry on site. Water and Trash Included! Walk to St Charles Ave streetcar line, or stroll down to Magazine St.AMENITIES:* Hardwood Floors* Walkable Neighborhood* Mardi Gras Parade Route* Water and Trash Included* Window Mounted Air

    1301 Napoleon Ave Unit J, New Orleans, LA 70115
  • /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
  • /4

    $900 Per Month

    • Studio
    • 1 Bath
    • 500 Sq Ft
    • Charming Mid-City Studio | Walk to Streetcar

    419 S Lopez St Unit 419, New Orleans, LA 70119

    Welcome home to this beautifully updated studio in the heart of Mid-City New Orleans. Ideally located just steps from Banks Street and only a few blocks from the Canal Street streetcar line, this bright and inviting space offers the perfect blend of convenience and comfort. Inside, you'll find soaring ceilings, abundant natural light, hardwood floors, and a thoughtfully designed open layout

    419 S Lopez St Unit 419, New Orleans, LA 70119
  • /9

    $1,550 Per Month

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

    920 Chartres St Unit 1, New Orleans, LA 70116

    Welcome to 920 Chartres Street #1, a charming studio apartment ideally located in the heart of the French Quarter, steps away from Jackson Square. Situated on the ground floor of a historic building, the apartment features original hardwood floors, high ceilings, and plenty of natural light. Recently updated, the kitchen is equipped with sleek stainless steel appliances. Most importantly, there's

    Mia Dahan Ricci Real Estate

    920 Chartres St Unit 1, New Orleans, LA 70116

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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 $1,800 per month, though prices vary by neighborhood, size, and property type. As of August 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 $72,000 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 $1,800 per month in New Orleans, LA, renters typically need to show $5,400 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 15.5, 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, Lower Garden District, Mid-City and Milan, each with its own character and price range.

Rental Home Trends

Number of Homes for Rent
71
Median Rent
$1,800
Median Single Family Home Rent
$1,750
Median Townhouse Rent
$1,800
Median Condo Rent
$1,800
How to Rent a Home