Rentometer, Inc. | Data as of 10/22/2025
New Iberia’s rental market offers a balanced blend of apartments and single‑family homes, catering to students, professionals, and families alike. One‑bedroom apartments typically sit in the $900s with median rents just above $1,000, while two‑ and three‑bedroom units comfortably fall within the $1,000‑$1,200 range. Home seekers will find comparable pricing, with one‑ and two‑bedroom houses also landing around the $1,000 mark. Larger family homes featuring three or more bedrooms command rents in the $1,400‑$1,600 range, reflecting the desirable space and amenities these properties provide. This spectrum of options ensures that renters can match their budget to a living style that fits their lifestyle, whether they prefer the convenience of an apartment complex or the privacy of a standalone residence.
Beyond the numbers, New Iberia boasts a vibrant community anchored by the historic downtown district, the scenic Bayou Teche, and cultural landmarks such as the beautiful St. Martin Parish Courthouse and the thriving Community Plaza. Neighborhoods like the Heritage District and City Park offer tree‑lined streets and easy access to local eateries, boutique shops, and outdoor recreation. Proximity to renowned attractions—such as the Acadiana Center for the Arts and nearby plantations—adds a distinctive Louisiana charm to everyday living. With its mix of affordable rental choices and rich cultural amenities, New Iberia remains an appealing destination for renters seeking both comfort and community in the heart of south‑central Louisiana.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | 1 Bedroom | $895 | $901 | $750 - $1,030 | $775 - $1,030 |
| Apartment | 2 Bedroom | $1,036 | $1,034 | $850 - $1,225 | $875 - $1,225 |
| Apartment | 3 Bedroom | $1,148 | $1,100 | $694 - $1,650 | $694 - $1,650 |
| House | 1 Bedroom | $983 | $1,150 | $600 - $1,200 | $600 - $1,200 |
| House | 2 Bedroom | $1,019 | $900 | $700 - $2,800 | $800 - $975 |
| House | 3 Bedroom | $1,521 | $1,250 | $675 - $3,900 | $925 - $1,600 |
| House | 4+ Bedroom | $1,486 | $1,100 | $860 - $2,500 | $860 - $2,500 |
In the current period, the average rent in New Iberia was $933 for 1 Bedroom, $1,023 for 2 Bedroom, $1,455 for 3 Bedroom, and $902 for 4+ Bedroom.
Data provided by Rentometer, Inc.