Here Are The Best Cheap Apartments In New Orleans

Photo credit: Photo by Liza Summer: Pexels

You already know that rent prices are skyrocketed across the nation. In New Orleans, Louisiana, rent prices are no different.

Louisiana has some affordable cities for renters, particularly in the northern and central parts of the state.

Are Rents Going Down In New Orleans?

New Orleans rents are rising but not as much as other metropolitan areas. June 2022 figures from Realtor.com show that New Orleans rents rose just 6.6% over the previous year, which is among the lowest increases in the nation.

These New Orleans Apartments Are Affordable

To determine the apartments with the cheapest rent in New Orleans, we studied the average rental rates for studios, one-bedrooms and two-bedrooms.

Willowbrook Apartments

7001 Bundy Rd, New Orleans, LA 70127

Willowbrook Apartments has on-site laundry facilities as well as all kitchen appliances including a dishwasher, all electric and energy efficient central heat and air, ceiling fans, and large private porches.

Beds	Baths	Average SF	Monthly Rent
1 Bed	1 Bath	658 SF	$700
2 Beds	2 Baths	958 SF	$820

Leasing Office: (504) 777-3172

Pontchartrain Oaks Apartments

9696 Hayne Blvd, New Orleans, LA 70127

Located on Lake Pontchartrain in New Orleans East, Pontchartrain Oaks offers one and two bedroom apartments.

Beds	Baths	Average SF	Monthly Rent
1 Bed	1 Bath	560 SF	$685
2 Beds	1 Bath	1,120 SF	$950

Leasing Office: (504) 576-9613

Forest Isle Apartments

5000 Woodland Dr, New Orleans, LA 70131

Forest Isle is a gated apartment community located on the Westbank of New Orleans. It has a swimming pool, work out in our 24 hour fitness center, or stroll with your dog on the levee overlooking the Intracoastal Waterway. Forest Isle offers studio, one and two bedroom apartment homes.

Beds	Baths	Average SF	Monthly Rent
Studio	1 Bath	536 SF	$690
1 Bed	1 Bath	636 SF	Not Available
1 Bed	1½ Baths	825 SF	Not Available
2 Beds	1 Bath	995 SF	Not Available
2 Beds	1½ Baths	1,233 SF	Not Available
2 Beds	2½ Baths	1,350 SF	$1,350

Leasing Office: (504) 285-5298

Parc Fontaine

3101 Rue Parc Fontaine, New Orleans, LA 70131

Leasing Office: (504) 688-7385

Located on the West Bank, Parc Fontaine Apartments is a gated community that offers one, two and three-bedroom floorplans.

Beds	Baths	Average SF	Monthly Rent
1 Bed	1 Bath	750 SF	$610
2 Beds	1 Bath	1,000 SF	Not Available
2 Beds	2 Baths	1,300 SF	Not Available
3 Beds	2 Baths	1,683 SF	$1,200

Laguna Creek Apartments

6881 Parc Brittany Blvd, New Orleans, LA 70126

Laguna Creek offers one- and two-bedroom apartments in Eastern New Orleans.

Beds	Baths	Average SF	Monthly Rent
1 Bed	1 Bath	617 SF	$685
2 Beds	1 Bath	866 SF	$910

Leasing Office: (844) 838-2986

Cypress Run Apartments

6101 Tullis Dr, New Orleans, LA 70131

Cypress Run Apartments offers one- and two-bedroom apartments with various features and amenities including, convenient on-site parking options and smoke-free options.

Beds	Baths	Average SF	Monthly Rent
1 Bed	1 Bath	731 SF	$700
2 Beds	1 Bath	920 SF	Not Available
2 Beds	2 Baths	1,020 SF	$1,050

Leasing Office: (504) 392-8962

Final Word

While New Orleans is not one of the most expensive rental markets, (how you doing, New York?), the prices are such that you still need to do what you can to save if you’re not buying a home. Look for ways to reduce expenses and save more of the money you make.

Tired of renting? Here’s how to save for a home.

Here’s The New Orleans Housing Forecast

Keisha Smith

Keisha Smith is a Contributing Writer who attended college at Southern University A&M College in Baton Rouge. She is currently writing a book on south Louisiana culture.