66 Luxury Apartments for rent in New Orleans, LA

Last updated July 21 at 9:50am UTC
333 Julia
Central Business District
New Orleans, LA
Updated July 21 at 9:50am UTC
2 Bedrooms
$2,500
4766 Evangeline Dr
Read Boulevard West
New Orleans, LA
Updated July 20 at 10:43am UTC
Studio
$9,000
5215 Prytania St. Apt. #A
Uptown
New Orleans, LA
Updated July 19 at 9:45am UTC
2 Bedrooms
$2,600
4631 Bright Dr
Read Boulevard East
New Orleans, LA
Updated July 19 at 6:16am UTC
Studio
$18,000
1909 Lowerline
Audubon
New Orleans, LA
Updated July 17 at 6:25pm UTC
3 Bedrooms
$2,100
7423 Garfield
Black Pearl
New Orleans, LA
Updated July 15 at 10:33am UTC
2 Bedrooms
$1,945
358 Sharon Dr
Lakewood
New Orleans, LA
Updated July 13 at 2:48pm UTC
4 Bedrooms
$3,500
50247 Lizardi St
Lower Ninth Ward
New Orleans, LA
Updated July 13 at 2:48pm UTC
Studio
$7,800
50231 Florida Av
Lower Ninth Ward
New Orleans, LA
Updated July 13 at 2:48pm UTC
Studio
$7,900
50232 Florida Av
Lower Ninth Ward
New Orleans, LA
Updated July 13 at 2:48pm UTC
Studio
$7,900
1202 Camp St.
Central City
New Orleans, LA
Updated July 21 at 6:26am UTC
3 Bedrooms
$6,500
3100 Fortin
Fairgrounds
New Orleans, LA
Updated July 21 at 6:26am UTC
3 Bedrooms
$2,150
4271 Vendome Place
Marleyville - Fontainbleau
New Orleans, LA
Updated July 18 at 10:14am UTC
3 Bedrooms
$2,500
5516 Laurel Street
East Riverside
New Orleans, LA
Updated July 17 at 6:25pm UTC
2 Bedrooms
$2,000
4219 Vincennes Pl
Marleyville - Fontainbleau
New Orleans, LA
Updated July 13 at 2:48pm UTC
5 Bedrooms
$2,600
5209 Spain St
Gentilly Terrace
New Orleans, LA
Updated July 20 at 1:20am UTC
3 Bedrooms
$1,900

July 2018 New Orleans Rent Report

Welcome to the July 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

July 2018 New Orleans Rent Report

Welcome to the July 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 rents increased over the past month

New Orleans rents have increased 0.1% over the past month, but are down slightly by 0.4% 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 -0.7%, but trails the national average of 1.4%.

New Orleans rents more affordable than many large cities nationwide

As rents have fallen slightly in New Orleans, many large cities nationwide have seen prices increase, in some cases substantially. New Orleans is also 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 1.4% over the past year compared to the 0.4% decline in New Orleans.
  • While rents in New Orleans fell slightly over the past year, many cities nationwide saw increases, including Phoenix (+2.3%), Atlanta (+1.9%), and Miami (+1.8%).
  • Renters will find more reasonable prices in New Orleans than most large cities. For example, San Francisco has a median 2BR rent of $3,070, 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.