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83 Luxury Apartments for rent in New Orleans, LA

Last updated January 22 at 12:49pm UTC
1201 Canal
1201 Canal Street
New Orleans, LA
Updated January 22 at 7:13am UTC
Studio
$1,345
Rice Mill Lofts
522 Montegut Street
New Orleans, LA
Updated January 22 at 12:15pm UTC
1 Bedroom
$1,850
2 Bedrooms
$2,750
3 Bedrooms
$4,325
3437 Calhoun St
Marleyville - Fontainbleau
New Orleans, LA
Updated January 22 at 10:06am UTC
3 Bedrooms
$1,975
729 Fern St.
East Carrollton
New Orleans, LA
Updated January 22 at 10:06am UTC
2 Bedrooms
$1,895
1020 Esplanade Ave. #204
French Quarter
New Orleans, LA
Updated January 22 at 10:06am UTC
3 Bedrooms
$2,600
2324 Broadway St.
Marleyville - Fontainbleau
New Orleans, LA
Updated January 22 at 10:06am UTC
4 Bedrooms
$1,999
542 Elmira St.
Algiers Point
New Orleans, LA
Updated January 22 at 10:06am UTC
3 Bedrooms
$2,100
2245 Carondelet St
Central City
New Orleans, LA
Updated January 22 at 9:36am UTC
3 Bedrooms
$5,000
8201 Jeannette St
Leonidas
New Orleans, LA
Updated January 22 at 9:36am UTC
3 Bedrooms
$1,950
811 Solomon Place
City Park
New Orleans, LA
Updated January 22 at 9:36am UTC
3 Bedrooms
$1,950
4520 Elba
Broadmoor
New Orleans, LA
Updated January 22 at 9:36am UTC
3 Bedrooms
$1,800
2625 Palmyra St
Tulane - Gravier
New Orleans, LA
Updated January 22 at 10:06am UTC
3 Bedrooms
$2,000
2422 Broadway Street
Marleyville - Fontainbleau
New Orleans, LA
Updated January 22 at 10:06am UTC
3 Bedrooms
$1,800
3524 Magazine St
East Riverside
New Orleans, LA
Updated January 22 at 10:06am UTC
4 Bedrooms
$2,200
1525 Eighth Street
Garden District
New Orleans, LA
Updated January 22 at 9:36am UTC
3 Bedrooms
$3,200
928 N. Dupre St.
Bayou St. John
New Orleans, LA
Updated January 22 at 9:36am UTC
2 Bedrooms
$2,700
3308 Prytania St
Touro
New Orleans, LA
Updated January 22 at 9:36am UTC
1 Bedroom
$1,800
8200 Nelson Street
Leonidas
New Orleans, LA
Updated January 22 at 9:36am UTC
2 Bedrooms
$1,800
829 St Ferdinand Street
Bywater
New Orleans, LA
Updated January 22 at 9:36am UTC
2 Bedrooms
$2,650

January 2019 New Orleans Rent Report

Welcome to the January 2019 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

January 2019 New Orleans Rent Report

Welcome to the January 2019 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 rents increased over the past month

New Orleans rents have increased 0.1% over the past month, and are up marginally by 0.5% in comparison to the same time last 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 -1.0%, but trails the national average of 0.9%.

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 $1,180. Nationwide, rents have grown by 0.9% over the past year compared to the 0.5% rise in New Orleans.
  • While New Orleans' rents rose marginally over the past year, many cities nationwide also saw increases, including Phoenix (+3.3%), New York (+2.7%), and Denver (+2.5%).
  • Renters will find more reasonable prices in New Orleans than most large cities. For example, San Francisco has a median 2BR rent of $3,090, 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.