Most Affordable Neighborhoods in New Orleans, LA
Some of the cheapest neighborhoods in New Orleans are Plum Orchard, Viavant-Venetian Isles, and New Orleans East. These neighborhoods offer some of the lowest rent prices in New Orleans, making them ideal for renters on a budget. As of April 29, 2025, the average rent in New Orleans is $1,291, which is 1.7% 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.
Plum Orchard
Average Rent
$835/Month
Year-Over-Year Rent Change
4.2%
TransitScore® Rating
38/100
Units Available
16 Rentals
If you’re looking for a great, affordable neighborhood in New Orleans, Plum Orchard might be the perfect place! It has an average rent price of $835, while the city’s average stands at $1,291. In the last year, prices have increased by 4.2%. Plum Orchard is near Museum-Carrollton And Esplanade, Esplanade Avenue Station, and Crowder Retail Center.
Viavant-Venetian Isles
Average Rent
$849/Month
Year-Over-Year Rent Change
1.1%
TransitScore® Rating
33/100
Units Available
21 Rentals
Viavant-Venetian Isles is a top choice for budget-conscious renters for a variety of reasons. The average rent in Viavant-Venetian Isles is $849 while the city average is $1,291. This is a 1.1% difference from last year. Residents enjoy convenient access to Esplanade Avenue Station, Village Place, and Bayou Sauvage National Wildlife Refuge. The neighborhood is considered car-dependent with a WalkScore® of 26.
New Orleans East
Average Rent
$881/Month
TransitScore® Rating
35/100
Units Available
197 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.
Little Woods
Average Rent
$883/Month
Year-Over-Year Rent Change
1.3%
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
$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.
Lakeview
Average Rent
$1,451/Month
Year-Over-Year Rent Change
1.9%
TransitScore® Rating
34/100
Units Available
32 Rentals
When you’re looking for a great New Orleans neighborhood on a budget, check out Lakeview. The average rent is $1,451, compared to the city average of $1,291. Rent prices have increased by 1.9%. Lakeview is convenient to Mid-City Market, Wilshire Plaza, and Museum-Carrollton And Esplanade. The community is walkable with a WalkScore® of 70.
Gert Town
Average Rent
$1,608/Month
Year-Over-Year Rent Change
1.1%
TransitScore® Rating
49/100
Units Available
42 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
1.1%
TransitScore® Rating
48/100
Units Available
40 Rentals
Bywater is an affordable neighborhood in New Orleans with an average rent price of $1,651. Compare this to the city average of $1,291. In the past year, rent prices have decreased by 1.1%. Bywater provides easy access to New Orleans Jazz National Historical Park, Gentilly Plaza, and Dillard University. It’s a walkable neighborhood with a WalkScore® of 78.
Mid-City
Average Rent
$1,723/Month
Year-Over-Year Rent Change
4.2%
TransitScore® Rating
62/100
Units Available
39 Rentals
If you’re looking for a great, affordable neighborhood in New Orleans, Mid-City might be the perfect place! It has an average rent price of $1,723, while the city’s average stands at $1,291. In the last year, prices have decreased by 4.2%. Mid-City is near Delgado Community College, Canal And Telemachus, and Tulane Univ., Health Ctr.
River Ridge/Jefferson
Average Rent
$1,756/Month
Year-Over-Year Rent Change
1.8%
TransitScore® Rating
1/100
Units Available
66 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 $1,756 while the city average is $1,291. This is a -1.8% difference from last year. Residents enjoy convenient access to Carrollton And Maple, Elmwood Village Center, and Elmwood Oaks. The neighborhood is considered somewhat walkable with a WalkScore® of 51.
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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.