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Apartment List - your Rental Concierge
Start Your New Orleans Apartment Search
How many bedrooms do you need?
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Average Rent in New Orleans & Rent Price Trends

By: Kimi Kaneshina, Rob Warnock, and Justin Chaplin
July 8, 2021

Considering a move to New Orleans? Before you start apartment hunting, learn about the local rental market. Make sure you know the average rent in New Orleans to get your budget started!

Average Rent in New Orleans

Note: The data provided reflects our available units on Apartment List. For data that reflects the entire market, we recommend you visit our Rent Report, which is created based on our holistic methodology. You can also download the raw data containing rent estimates for hundreds of cities across the country.

New Orleans rents have increased by 0.51% compared to last month, and are down by 1.32% compared to last year.

  • 4% of apartments in New Orleans cost less than $1,000 per month.
  • 61% of apartments in New Orleans cost between $1,000-$1,999 per month.
  • 26% of apartments in New Orleans cost between $2,000-$2,999 per month.
  • 8% of apartments in New Orleans cost over $3,000 per month.

  • 5% of apartments in New Orleans are studio apartments.
  • 41% of apartments in New Orleans are 1-bedroom apartments.
  • 39% of apartments in New Orleans are 2-bedroom apartments.
  • 15% of apartments in New Orleans are 3-bedroom apartments.

What Salary Do You Need to Live in New Orleans?

Using the 30% rule, we can give a rough estimate of the salary needed to rent an apartment in New Orleans. If these numbers look high, remember that a roommate or two can drastically cut down your monthly rent!

  • If you are renting an average priced studio apartment in New Orleans, your annual salary should be around $65,844 or higher.
  • If you are renting an average priced 1-bedroom apartment in New Orleans, your annual salary should be around $60,120 or higher.
  • If you are renting an average priced 2-bedroom apartment in New Orleans, your annual salary should be around $78,768 or higher.
  • If you are renting an average priced 3-bedroom apartment in New Orleans, your annual salary should be around $76,860 or higher.

Having trouble deciding how much rent you can afford? Try using a rent calculator.

Ready to make the move to New Orleans? Start apartment hunting in New Orleans with our quiz!

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AUTHOR
Kimi is a Content Associate and contributing author at Apartment List, helping renters find a new place to call home. Kimi earned her BA in Organizational Studies, Economics from Scripps College. Read More
SENIOR RESEARCH ASSOCIATE
Rob is a senior research associate at Apartment List, where he examines trends in the housing and rental markets. Previously he worked in public health policy, and before that, graduated from UCLA with a degree in Globalization. Read More
AUTHOR
Justin is a Content Manager and contributing author at Apartment List, helping people navigate the world of renting. Justin previously spent his time earning his BBA in Marketing from Boise State University. Read More
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