If you’re searching for a new place to live in New Orleans, rent prices are probably one of the most important factors in your decision. Apartment rental prices in New Orleans neighborhoods have continued to increase over the years. Luckily, even in 2026, there are some New Orleans neighborhoods that do offer budget friendly, affordable rental rates. The list of the cheapest neighborhoods in New Orleans for renters is sorted by lowest median rental rates compared to the New Orleans average.

Population 694
-100%
Median Rent $0 / month
100% less expensive than New Orleans
Population 9,156
-71%
Median Rent $461 / month
71% less expensive than New Orleans
Population 797
-47%
Median Rent $825 / month
47% less expensive than New Orleans
Population 1,529
-41%
Median Rent $917 / month
41% less expensive than New Orleans
Population 2,748
-35%
Median Rent $1,023 / month
35% less expensive than New Orleans
Population 2,528
-28%
Median Rent $1,126 / month
28% less expensive than New Orleans
Population 6,755
-24%
Median Rent $1,188 / month
24% less expensive than New Orleans
Population 3,854
-24%
Median Rent $1,188 / month
24% less expensive than New Orleans
Population 6,595
-20%
Median Rent $1,259 / month
20% less expensive than New Orleans
Population 2,165
-19%
Median Rent $1,262 / month
19% less expensive than New Orleans
Is This the Right Place for You? Local Insights Report
  • Uncover the key details before you move
  • Use local data to guide a smarter investment
  • Compare neighborhoods side by side
Local Insights Report