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 $991. The average rent of a 1-bedroom in New Orleans, LA is $1,432. The average rent of a 2-bedroom in New Orleans, LA is $1,350. The average rent of a 3-bedroom in New Orleans, LA is $1,704.
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 $500 to $2,500+.
$500 - $1,000
$1,000 - $1,500
$1,500 - $2,000
$2,000 - $2,500
$2,500+
What is the average apartment size in New Orleans?
The average size of a New Orleans, LA apartment is 944 square feet, while the median apartment size for New Orleans, LA is 892 square feet. However, square footage varies based on unit type. Most rentals in New Orleans, LA (39.6%) are 2 bedroom apartments, while the fewest (1.99%) are studio apartments. Meanwhile, 1 bedroom apartments account for 30.2%, and 3+ bedroom apartments make up 28.21%.
Studio
One bedroom
Two bedrooms
Three+ bedrooms
What is the average rent for various neighborhoods in New Orleans?
| Studio | 1 bed | 2 beds | 3+ beds | |
|---|---|---|---|---|
| Central Business District | * | $2,013 | $3,173 | * |
| Central City | * | * | $1,050 | $1,500 |
| Fairgrounds | $1,232 | $1,464 | $1,350 | * |
| Lower Garden District | * | $1,558 | $1,789 | $2,215 |
| Mid-City | * | $1,700 | $2,048 | * |
| St. Roch | * | * | $1,263 | $1,350 |
| Uptown | * | $1,373 | $1,425 | $2,688 |
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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