Most Affordable Neighborhoods in New Orleans, LA
Some of the cheapest neighborhoods in New Orleans are Viavant-Venetian Isles, Little Woods, and Read Boulevard East. These neighborhoods offer some of the lowest rent prices in New Orleans, making them ideal for renters on a budget. As of April 13, 2025, the average rent in New Orleans is $1,296, which is 1.3% lower than last year. However, it's important to remember that rental prices can vary significantly based on factors such as location, amenities, and floor plans.
Viavant-Venetian Isles
Average Rent
$849/Month
Year-Over-Year Rent Change
1%
TransitScore® Rating
33/100
Units Available
21 Rentals
Viavant-Venetian Isles is an affordable neighborhood in New Orleans with an average rent price of $849. Compare this to the city average of $1,296. In the past year, rent prices have increased by 1%. Viavant-Venetian Isles provides easy access to Bienville Street Station, University of New Orleans, and Ursulines Street Station. It’s a car-dependent neighborhood with a WalkScore® of 26.
Little Woods
Average Rent
$886/Month
Year-Over-Year Rent Change
1.2%
TransitScore® Rating
36/100
Units Available
167 Rentals
Little Woods is a suburban neighborhood located near Lake Pontchartrain, offering renters easy access to outdoor activities like fishing and boating. Renters will enjoy the quiet atmosphere and the proximity to schools and parks. The area’s serene environment provides a peaceful retreat from the bustling city.
Read Boulevard East
Average Rent
$887/Month
Year-Over-Year Rent Change
0.2%
TransitScore® Rating
37/100
Units Available
101 Rentals
Read Boulevard East is a residential neighborhood offering a mix of single-family homes and apartments, with convenient access to local schools and shopping centers. Renters will appreciate the suburban feel while being just a short drive from downtown New Orleans.
New Orleans East
Average Rent
$919/Month
Year-Over-Year Rent Change
1%
TransitScore® Rating
35/100
Units Available
206 Rentals
New Orleans East is a large, diverse area offering a mix of suburban and rural living with easy access to major highways and downtown New Orleans. Renters will appreciate the affordable housing options and proximity to shopping centers. The neighborhood is perfect for those seeking a quieter lifestyle while remaining close to the city.
Tulane-Gravier
Average Rent
$1,364/Month
Year-Over-Year Rent Change
3%
TransitScore® Rating
74/100
Units Available
17 Rentals
If you’re looking for a great, affordable neighborhood in New Orleans, Tulane-Gravier might be the perfect place! It has an average rent price of $1,364, while the city’s average stands at $1,296. In the last year, prices have decreased by 3%. Tulane-Gravier is near Louisiana Children's Museum, Canal And Prieur, and New Orleans Jazz National Historical Park.
Lakeview
Average Rent
$1,521/Month
Year-Over-Year Rent Change
1.9%
TransitScore® Rating
34/100
Units Available
31 Rentals
Lakeview is a top choice for budget-conscious renters for a variety of reasons. The average rent in Lakeview is $1,521 while the city average is $1,296. This is a 1.9% difference from last year. Residents enjoy convenient access to Canal And Anthony/Botinelli, Wilshire Plaza, and New Orleans Jazz National Historical Park. The neighborhood is considered walkable with a WalkScore® of 70.
Gert Town
Average Rent
$1,606/Month
Year-Over-Year Rent Change
1.7%
TransitScore® Rating
49/100
Units Available
37 Rentals
Gert Town is a historic neighborhood near Mid-City that is famous for its history in music, especially jazz. Get Town is home to Xavier University and is near Tulane and Loyola universities, attracting a variety of students to the area. This ideal location is close to the shops, restaurants, and other businesses along Carrollton Avenue.
Bywater
Average Rent
$1,651/Month
Year-Over-Year Rent Change
2.6%
TransitScore® Rating
48/100
Units Available
56 Rentals
When you’re looking for a great New Orleans neighborhood on a budget, check out Bywater. The average rent is $1,651, compared to the city average of $1,296. Rent prices have decreased by 2.6%. Bywater is convenient to New Orleans Botanical Garden, Louisiana Children's Museum, and Toulouse Street Station. The community is walkable with a WalkScore® of 78.
Mid-City
Average Rent
$1,656/Month
Year-Over-Year Rent Change
1.5%
TransitScore® Rating
62/100
Units Available
43 Rentals
Mid-City is an affordable neighborhood in New Orleans with an average rent price of $1,656. Compare this to the city average of $1,296. In the past year, rent prices have decreased by 1.5%. Mid-City provides easy access to New Orleans Jazz National Historical Park, Couturie Forest, and Canal And Telemachus. It’s a walkable neighborhood with a WalkScore® of 88.
River Ridge/Jefferson
Average Rent
$1,680/Month
Year-Over-Year Rent Change
2%
TransitScore® Rating
1/100
Units Available
69 Rentals
If you’re looking for a great, affordable neighborhood in New Orleans, River Ridge/Jefferson might be the perfect place! It has an average rent price of $1,680, while the city’s average stands at $1,296. In the last year, prices have decreased by 2%. River Ridge/Jefferson is near Tulane University, New Orleans, Audubon Zoo, and Elmwood Village Center.
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Methodology
Transit Score measures access to public transit. Scores range from 0 (minimal transit) to 100 (rider’s paradise). Learn more about the Transit Score methodology. Rental data is sourced from CoStar Group’s Market Trend reports. As a leading authority in commercial real estate information, analytics, and news, CoStar performs in-depth research to build and sustain an extensive database of commercial real estate insights.
We've combined this data with public records to provide the most current rental information available.