Welcome to the Apartment List March 2026 Rent Report for New Orleans, LA. Currently, the overall median rent in the city stands at $1,178, roughly the same as last month. Prices remain down 4.7% year-over-year. Read on to learn more about what’s been happening in the New Orleans rental market and how it compares to trends throughout the nation as a whole.
National study of renter’s satisfaction with their cities and states
Apartment List has released New Orleans’ results from the third annual Apartment List Renter Satisfaction Survey. This survey, which drew on responses from over 45,000 renters nationwide, provides insight on what states and cities must do to meet the needs of the country’s 111 million renters.
"New Orleans renters expressed general satisfaction with the city overall," according to Apartment List. "However, ratings varied greatly across different categories, indicating that even though renters love New Orleans, some aspects can be better."
Key Findings in New Orleans include the following:
Renters say:
For more information on the survey methodology and findings or to speak to one of our researchers, please contact our team at rentonomics@apartmentlist.com.
Navigate apartment hunting and city life like a local with our curated articles about New Orleans, Louisiana.
Artists revitalize 1920s cottages near Bayou St. John, hosting monthly "Mid-City Mardi Gras" block parties. Elevation requirements add flood insurance costs for low-lying units.
Downtown New Orleans has transformed historic office buildings into distinctive apartments with modern amenities. High-rise units often feature river views and rooftop pools, while historic conversions showcase architectural details like exposed brick and timber beams. The neighborhood provides walking access to the French Quarter without tourist crowds, plus easy streetcar connections throughout the city. While rental rates exceed city averages, the central location eliminates transportation costs for many downtown professionals.
Majestic oak trees line the streets of Audubon, where this Uptown New Orleans neighborhood surrounds both Audubon Park and Tulane University. The district features distinctive architecture from Greek Revival mansions to Craftsman bungalows, with many larger homes divided into spacious apartments with period details unavailable in newer construction. For academic professionals and families prioritizing both educational access and natural beauty, Audubon delivers New Orleans' finest combination of prestigious address, walkable amenities, and park proximity – though rental rates reflect these premium attributes.
