The Big Easy, New Orleans, LA, is known for its iconic landmarks, such as Bourbon Street and the St. Louis Cathedral, vibrant jazz music scene, and delicious cuisine, from po-boys to beignets. With so much to offer, it’s no wonder about 391,000 residents call New Orleans home.
If you’re looking to rent an apartment in New Orleans, the average rent for a studio is $991, while a one-bedroom apartment is $1,572. But those numbers might not fit your budget. ApartmentGuide is here to help. We’ve gathered a list of the most affordable neighborhoods in New Orleans to rent this year.
13 Affordable Neighborhoods in New Orleans, LA
From Little Woods to New Orleans East, New Orleans has affordable neighborhoods that fit in your budget. And the best part is that they’re all under New Orleans’s average rent for a one-bedroom apartment. Let’s jump in and see what New Orleans neighborhoods made the list.
1. Little Woods
2. New Orleans East
3. Tall Timbers – Brechtel
4. Algiers Point
5. Algiers
6. Bywater
7. Fontainebleau
8. Pension Town
9. City Park
10. Leonidas
11. Lakeview
12. Gentilly
13. Old Aurora
Read on to see what each neighborhood has to offer its residents.
1. Little Woods
Average 1-bedroom rent: $750
Apartments for rent in Little Woods
Little Woods is the most affordable neighborhood in New Orleans, as the average rent for a one-bedroom unit is $750. There are plenty of reasons to love living in Little Woods, from attractions like the beautiful Lincoln Beach and the South Shore Harbor Marina. Little Woods has picturesque views of Lake Pontchartrain, making it a relaxing area outside of the busy Downtown area.
2. New Orleans East
Average 1-bedroom rent: $862
Apartments for rent in New Orleans East
New Orleans East is a bustling area just east of downtown New Orleans. It’s a large area, including many smaller neighborhoods like Little Woods. This affordable neighborhood has lots of attractions, such as the Bayou Sauvage Urban National Wildlife Refuge, Battery Bienvenue, and Audubon Louisiana Nature Center. If you’re commuting into Downtown, you can get there via I-10.
3. Tall Timbers – Brechtel
Average 1-bedroom rent: $867
Apartments for rent in Tall Timbers – Brechtel
Tall Timbers – Brechtel is the third-most affordable neighborhood in New Orleans. This neighborhood is an awesome option to consider as it’s near attractions like Brechtel Park and Lakewood Golf Club. There are also picturesque views of the Intracoastal Waterway, so this area is great for exploring and enjoying New Orleans. Or if you’re looking for a taste of the city, you can find a lot of local restaurants along General De Gaulle Drive.
4. Algiers Point
Average 1-bedroom rent: $900
Apartments for rent in Algiers Point
Algiers Point is the fourth-most affordable neighborhood in New Orleans. This neighborhood is a amazing option if you’re looking for access to plenty of shops and restaurants alongside historic New Orleans charm. For example, you can easily access popular spots like Tout de Suite Cafe, Crown & Anchor English Pub, and Old Point Bar. Algiers also has a lot of bus stops throughout the area, making it a great option if you’re a renter without a car.
5. Algiers
Average 1-bedroom rent: $942
Apartments for rent in Algiers
Just about 6 miles from downtown, Algiers is a stellar neighborhood if you want to live close to downtown. It’s also a great area if you’re living in New Orleans without a car, as Algiers has several bus routes. There are also parks nearby, such as Brechtel Park and Woodland Park. Algiers is a large area, encompassing neighborhoods like Algiers Point and Tall Timbers – Brechtel, so there are plenty of places to explore.
6. Bywater
Average 1-bedroom rent: $950
Apartments for rent in Bywater
Next up is Bywater, the sixth-most affordable neighborhood in New Orleans. Bywater is full of history and charm with tree-lined streets, historic buildings, and art studios, like Music Box Village and Marigny Opera House. This area also has plenty of parks, restaurants, and attractions, so you’ll have lots of explore. Make sure to enjoy the outdoors at Bywater Park or grab a meal at one of the neighborhood restaurants or bars. There’s something for everyone living in Bywater.
7. Fontainebleau
Average 1-bedroom rent: $975
Apartments for rent in Fontainebleau
Nestled west of downtown, Fontainebleau is the seventh-most affordable neighborhood in New Orleans. Fontainebleau has a friendly atmosphere with its close proximity to Tulane University. There are plenty of cozy cafes and restaurants surrounding the area. You can also check out some of Fontainebleau’s green spaces, like Marly Park.
8. Pension Town
Average 1-bedroom rent: $1000
Apartments for rent in Pension Town
Pension Town ranks eighth on our list of most affordable neighborhoods in New Orleans. The average rent for a one-bedroom unit is roughly $1,000, making Pension Town a great option. It’s near the popular Uptown/Carrollton neighborhood, so there are countless restaurants, bars, and nightlife to check out. Pension Town is also close to the Mississippi River Trail, so you can enjoy the river views.
9. City Park
Average 1-bedroom rent: $1000
Apartments for rent in City Park
A well-known New Orleans neighborhood, City Park is the next area. City Park is home to New Orleans City Park which has countless activities, like the New Orleans Museum of Art, the Carousel Gardens Amusement Park, and Couturie Forest. You’ll find there are countless historic buildings in City Park, so make sure to explore the area’s charm. If you need to commute to work, there are lots of options as there are plenty of bus routes nearby.
10. Leonidas
Average 1-bedroom rent: $1,000
Apartments for rent in Leonidas
The tenth-most affordable neighborhood in New Orleans is Leonidas. This area has a vibrant feeling with its popular restaurants and quirky shops, like Breads on Oak, Brigtsen’s, and Rue De La Course. You can find parks like Marsalis Harmony Park and the Mississippi River Trail, which are perfect for enjoying a sunny day in New Orleans. Leonidas also has plenty of public transit options, making it a great area if you don’t have a car in the city.
11. Lakeview
Average 1-bedroom rent: $1,000
Apartments for rent in Lakeview
Number 11 on our list is Lakeview, a charming neighborhood east of City Park. This affordable neighborhood is located in the east of downtown New Orleans and is an awesome area if you’re looking for a neighborhood with a quaint main street. You can find plenty of cozy cafes and lively restaurants along Harrison Avenue, like Creole Creamery, The Velvet Cactus, and Juniors on Harrison. Lakeview is also close to New Basin Canal Park and New Orleans City Park.
12. Gentilly
Average 1-bedroom rent: $1,000
Apartments for rent in Gentilly
Taking the 12th spot on our list of affordable neighborhoods in New Orleans is Gentilly. The average rent for a one-bedroom apartment is $1000, compared to the city’s average of $1,572. This neighborhood is about 6 miles from downtown, which means it’s closer to some of the other popular neighborhoods, such as Lakeview and City Park. Be sure to explore some of the neighborhood’s attractions, like the Milneburg Lighthouse, London Park, or the Levee Exhibit Hall and Garden.
13. Old Aurora
Average 1-bedroom rent: $1092
Apartments for rent in Old Aurora
Taking the final spot on our list of affordable neighborhoods in New Orleans is Old Aurora. This area has an average one-bedroom rent of $1,092, meaning it’s closer in price to the city’s average, but you’ll still be saving substantially over time. If you plan to rent in Old Aurora, be sure to check out Norman Playground and Woodland Park to immerse yourself in the neighborhood’s atmosphere.
Methodology: Affordability based on whether a neighborhood has an average 1-bedroom rent price under the city’s average. Average rental data from Rent.com in March 2024.