Rentometer, Inc. | Data as of 10/22/2025
New Orleans offers a vibrant rental market that blends historic charm with modern convenience. Apartment seekers can find studio units in the $1200s, while one‑bedroom spaces often sit around the $1400 level, providing easy access to iconic neighborhoods such as the French Quarter, the bustling Central Business District, and the Artsy Bywater. Families and professionals gravitate toward the Garden District and Uptown for two‑ and three‑bedroom apartments, where the rent typically ranges from the $1600s to the $2000s, placing parks, cafés, and the renowned streetcar lines within walking distance. Larger four‑plus bedroom apartments command premium rates, often reaching the $2800‑$3400 range, reflecting the demand for spacious living near City Park and the University of New Orleans.
For those preferring a house, the market provides a comparable spectrum of options. Studio houses start near the $1300s, and one‑bedroom homes commonly rent in the $1400s, appealing to individuals who desire a standalone residence close to the historic Warehouse District or the lively Mid‑City corridor. Two‑ and three‑bedroom houses usually fall within the $1600s to $2100s, making them ideal for growing families seeking proximity to schools, parks, and the Mississippi Riverfront. Premium four‑plus bedroom homes can exceed $4000, offering expansive living spaces in sought‑after areas like the Irish Channel and the Upper Garden District. Whether you’re drawn to the city’s lively music scene, its celebrated cuisine, or its rich cultural festivals, New Orleans’ diverse rental inventory ensures a suitable home for every lifestyle.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | Studio | $1,120 | $1,250 | $690 - $1,420 | $690 - $1,420 |
| Apartment | 1 Bedroom | $1,532 | $1,506 | $600 - $3,500 | $1,200 - $1,809 |
| Apartment | 2 Bedroom | $1,932 | $1,758 | $550 - $4,586 | $1,358 - $2,300 |
| Apartment | 3 Bedroom | $2,190 | $1,903 | $995 - $4,500 | $1,750 - $2,495 |
| House | 1 Bedroom | $1,389 | $1,275 | $709 - $3,500 | $1,095 - $1,650 |
| House | 2 Bedroom | $1,899 | $1,700 | $780 - $6,500 | $1,350 - $2,000 |
| House | 3 Bedroom | $2,350 | $2,200 | $600 - $5,400 | $1,800 - $2,700 |
| House | 4+ Bedroom | $4,273 | $3,750 | $1,700 - $15,000 | $2,500 - $5,450 |
In the current period, the average rent in New Orleans was $1,232 for Studio, $1,487 for 1 Bedroom, $1,914 for 2 Bedroom, $2,328 for 3 Bedroom, and $3,678 for 4+ Bedroom.
Data provided by Rentometer, Inc.