Best Affordable Neighborhoods in New Orleans, LA
Some of the cheapest neighborhoods in New Orleans are West Lake Forest, Lake Willow, and Little Woods. These neighborhoods offer some of the lowest rent prices in New Orleans, making them ideal for renters on a budget. As of March 22, 2026, the average rent in New Orleans is $1,270, which is 0.3% 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.
West Lake Forest
Average Rent
$800/Month
Year-Over-Year Rent Change
7.1%
Units Available
13 Rentals
West Lake Forest is a quiet residential area located in New Orleans East, offering a suburban atmosphere with easy access to local schools and parks. Renters will enjoy the peaceful environment while still being close to shopping centers and major highways.
Lake Willow
Average Rent
$844/Month
Units Available
15 Rentals
Lake Willow is an affordable neighborhood in New Orleans with an average rent price of $844. Compare this to the city average of $1,270. Lake Willow provides easy access to Southern Univ., New Orleans, New Orleans Botanical Garden, and Crowder Retail Center.
Little Woods
Average Rent
$860/Month
Year-Over-Year Rent Change
0.3%
Units Available
156 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
$862/Month
Year-Over-Year Rent Change
24%
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
$866/Month
Year-Over-Year Rent Change
1.5%
Units Available
177 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.
Del Mar Villas
Average Rent
$901/Month
Units Available
34 Rentals
If you’re looking for a great, affordable neighborhood in New Orleans, Del Mar Villas might be the perfect place! It has an average rent price of $901, while the city’s average stands at $1,270. Del Mar Villas is near Dillard University, University of New Orleans, and St. Claude Ave. At Pauger St..
Elmwood
Average Rent
$924/Month
Units Available
15 Rentals
Elmwood is a top choice for budget-conscious renters for a variety of reasons. The average rent in Elmwood is $924 while the city average is $1,270. Residents enjoy convenient access to St Charles At Lee Circle, Louis Armstrong New Orleans International, and LSU Health Center, Downtown.
Viavant-Venetian Isles
Average Rent
$948/Month
Year-Over-Year Rent Change
1.5%
Units Available
15 Rentals
When you’re looking for a great New Orleans neighborhood on a budget, check out Viavant-Venetian Isles. The average rent is $948, compared to the city average of $1,270. Rent prices have increased by 1.5%. Viavant-Venetian Isles is convenient to Dillard University, St. Claude Ave. At Elysian Fields, and Ursulines Street Station.
Behrman
Average Rent
$1,018/Month
Year-Over-Year Rent Change
1.6%
Units Available
23 Rentals
Behrman is an affordable neighborhood in New Orleans with an average rent price of $1,018. Compare this to the city average of $1,270. In the past year, rent prices have increased by 1.6%. Behrman provides easy access to Azalea Plaza Shopping Center, Xavier Univ of La, New Orleans, and Louis Armstrong New Orleans International.
St Roch
Average Rent
$1,019/Month
Units Available
13 Rentals
If you’re looking for a great, affordable neighborhood in New Orleans, St Roch might be the perfect place! It has an average rent price of $1,019, while the city’s average stands at $1,270. St Roch is near Dillard University, LSU Health Center, Downtown, and Esplanade Avenue Station.
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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.