28 Furnished Apartments for rent in New Orleans, LA

Last updated May 27 at 10:22pm UTC
1709 Joliet Street
Leonidas
New Orleans, LA
Updated May 27 at 10:22pm UTC
2 Bedrooms
$1,950
2833 St. Charles 2
Central City
New Orleans, LA
Updated May 26 at 9:53am UTC
1 Bedroom
$1,350
2701 Octavia
Audubon
New Orleans, LA
Updated May 25 at 11:21pm UTC
1 Bedroom
$1,875
2701 Octavia
Audubon
New Orleans, LA
Updated May 25 at 11:21pm UTC
3 Bedrooms
$3,000
217 S Cortez St
Mid-City
New Orleans, LA
Updated May 25 at 6:44pm UTC
2 Bedrooms
$1,700
914 Louisiana Ave
East Riverside
New Orleans, LA
Updated May 25 at 3:07pm UTC
3 Bedrooms
$4,500
6802 Louisville St
Lakeview Park
New Orleans, LA
Updated May 18 at 7:05pm UTC
3 Bedrooms
$1,700
4217 Vincennes Pl
Marleyville - Fontainbleau
New Orleans, LA
Updated May 9 at 1:42pm UTC
4 Bedrooms
$2,300
333 Julia
Central Business District
New Orleans, LA
Updated May 6 at 2:24am UTC
2 Bedrooms
$2,500
4219 Vincennes Pl
Marleyville - Fontainbleau
New Orleans, LA
Updated April 26 at 6:02pm UTC
5 Bedrooms
$2,800
1621 Audubon St.
Audubon
New Orleans, LA
Updated April 24 at 9:50am UTC
2 Bedrooms
$2,000
6303 Laurel St. (Furnished)
Audubon
New Orleans, LA
Updated April 18 at 4:02am UTC
2 Bedrooms
$2,450
Results within 5 miles of New Orleans, LA
2701 Octavia
Audubon
New Orleans, LA
Updated May 25 at 11:20pm UTC
4 Bedrooms
$4,800
921 St. Louis
French Quarter
New Orleans, LA
Updated May 9 at 11:20am UTC
1 Bedroom
$1,445
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May 2018 New Orleans Rent Report

Welcome to the May 2018 New Orleans Rent Report. New Orleans rents remained steady over the past month. In this report, we'll evaluate trends in the New Orleans rental market, including comparisons to similar cities nationwide.

View full New Orleans Rent Report
Rent Report
New Orleans

May 2018 New Orleans Rent Report

Welcome to the May 2018 New Orleans Rent Report. New Orleans rents remained steady over the past month. In this report, we'll evaluate trends in the New Orleans rental market, including comparisons to similar cities nationwide.

New Orleans rent trends were flat over the past month

New Orleans rents have remained flat over the past month, however, they have increased marginally by 0.9% year-over-year. Currently, median rents in New Orleans stand at $800 for a one-bedroom apartment and $970 for a two-bedroom. New Orleans' year-over-year rent growth leads the state average of 0.1%, but trails the national average of 1.5%.

New Orleans rents more affordable than many large cities nationwide

As rents have increased marginally in New Orleans, a few large cities nationwide have also seen rents grow modestly. New Orleans is still more affordable than most large cities across the country.

  • New Orleans' median two-bedroom rent of $970 is below the national average of $1,170. Nationwide, rents have grown by 1.5% over the past year compared to the 0.9% increase in New Orleans.
  • While New Orleans' rents rose marginally over the past year, many cities nationwide also saw increases, including Phoenix (+2.3%), Atlanta (+1.9%), and Denver (+1.6%).
  • Renters will find more reasonable prices in New Orleans than most large cities. For example, San Francisco has a median 2BR rent of $3,060, which is more than three times the price in New Orleans.

For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.

Methodology - Recent Updates:

Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

Read more about our new methodology below, or see a more detailed post here.

Methodology:

Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

Read more about our methodology here.

About Rent Reports:

Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.