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 March 25, 2025, the average rent in New Orleans is $1,293, which is 0.5% 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
$851/Month
Year-Over-Year Rent Change
1.6%
TransitScore® Rating
33/100
Units Available
18 Rentals
When you’re looking for a great New Orleans neighborhood on a budget, check out Viavant-Venetian Isles. The average rent is $851, compared to the city average of $1,293. Rent prices have increased by 1.6%. Viavant-Venetian Isles is convenient to Toulouse Street Station, Dillard University, and Dumaine Street Station. The community is car-dependent with a WalkScore® of 26.
Little Woods
Average Rent
$887/Month
Year-Over-Year Rent Change
3.1%
TransitScore® Rating
36/100
Units Available
170 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
$889/Month
Year-Over-Year Rent Change
0.3%
TransitScore® Rating
37/100
Units Available
102 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
$918/Month
Year-Over-Year Rent Change
2.4%
TransitScore® Rating
35/100
Units Available
205 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.
Lakeview
Average Rent
$1,527/Month
Year-Over-Year Rent Change
1.1%
TransitScore® Rating
34/100
Units Available
28 Rentals
Lakeview is an affordable neighborhood in New Orleans with an average rent price of $1,527. Compare this to the city average of $1,293. In the past year, rent prices have increased by 1.1%. Lakeview provides easy access to New Orleans Botanical Garden, Longue Vue House and Gardens, and Museum-Carrollton And Esplanade. It’s a walkable neighborhood with a WalkScore® of 70.
Bywater
Average Rent
$1,614/Month
Year-Over-Year Rent Change
3.5%
TransitScore® Rating
48/100
Units Available
60 Rentals
If you’re looking for a great, affordable neighborhood in New Orleans, Bywater might be the perfect place! It has an average rent price of $1,614, while the city’s average stands at $1,293. In the last year, prices have decreased by 3.5%. Bywater is near New Orleans Jazz National Historical Park, New Orleans Botanical Garden, and LSU Health Center, Downtown.
Central City
Average Rent
$1,626/Month
Year-Over-Year Rent Change
1.4%
TransitScore® Rating
58/100
Units Available
32 Rentals
Central City is known for its rich cultural heritage and proximity to downtown New Orleans. Renters will enjoy easy access to local eateries, jazz clubs, and the historic St. Charles Avenue streetcar line. The area’s lively atmosphere makes it an exciting place to live for those seeking a true New Orleans experience.
Gert Town
Average Rent
$1,684/Month
Year-Over-Year Rent Change
0.7%
TransitScore® Rating
49/100
Units Available
33 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.
River Ridge/Jefferson
Average Rent
$1,715/Month
Year-Over-Year Rent Change
1.2%
TransitScore® Rating
1/100
Units Available
64 Rentals
River Ridge/Jefferson is a top choice for budget-conscious renters for a variety of reasons. The average rent in River Ridge/Jefferson is $1,715 while the city average is $1,293. This is a -1.2% difference from last year. Residents enjoy convenient access to Elmwood Village Center, Citrus Curve Shopping Center, and Longue Vue House and Gardens. The neighborhood is considered somewhat walkable with a WalkScore® of 51.
Mid-City
Average Rent
$1,718/Month
Year-Over-Year Rent Change
1.3%
TransitScore® Rating
62/100
Units Available
36 Rentals
When you’re looking for a great New Orleans neighborhood on a budget, check out Mid-City. The average rent is $1,718, compared to the city average of $1,293. Rent prices have increased by 1.3%. Mid-City is convenient to New Orleans City Park, Louis Armstrong New Orleans International, and Tulane Univ., Health Ctr. The community is walkable with a WalkScore® of 88.
Ready to make your move to New Orleans? Check out the rent specials, price drops, and great deals on ApartmentFinder.com!
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.