Rentometer, Inc. | Data as of 10/23/2025
New Iberia’s rental market offers a balanced mix of apartments and single‑family homes, catering to a wide range of renters from young professionals to growing families. Apartment options span cozy one‑bedroom units in the $900s to spacious three‑bedroom layouts that sit comfortably within the $1,100 range, while houses provide a broader spectrum, from one‑bedroom homes near the $1,000 range to larger four‑plus‑bedroom properties that approach the $2,000 range. This variety reflects the city’s blend of historic charm and modern convenience, making it an attractive destination for those seeking affordable yet quality living spaces.
Neighborhoods such as the vibrant downtown district and the family‑friendly areas surrounding the Bayou Teche corridor feature a mix of newer apartment complexes and well‑maintained homes, often within walking distance of popular dining, boutique shops, and cultural sites like the Iberia Parish Historical Museum. Renters can enjoy easy access to outdoor recreation at nearby parks, golf courses, and the scenic riverfront, while still being close to essential services and major employment centers in the Greater Lafayette metro region.
Prospective tenants will also appreciate the city’s strong community feel, highlighted by annual events such as the Louisiana Sugar Cane Festival and the bustling farmers’ market that showcase local produce and crafts. With a range of rental options that suit both budget‑conscious renters and those seeking more spacious accommodations, New Iberia continues to stand out as a welcoming and dynamic place to call home.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | 1 Bedroom | $895 | $901 | $750 - $1,030 | $775 - $1,030 |
| Apartment | 2 Bedroom | $987 | $875 | $795 - $1,225 | $850 - $1,194 |
| 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 | $1,499 | $1,200 | $600 - $3,900 | $925 - $1,600 |
| House | 4+ Bedroom | $1,972 | $1,400 | $860 - $4,000 | $1,100 - $2,500 |
In the current period, the average rent in New Iberia, LA was
$933 for 1 Bedroom,
$1,011 for 2 Bedroom,
$1,452 for 3 Bedroom, and
$1,676 for 4+ Bedroom.
Note: This analysis includes only bedroom types with sufficient data.
Data provided by Rentometer, Inc.