1201 Canal Apartments
1201 Canal St,
New Orleans, LA 70112
$1,545 - $1,950
1-2 Beds
New Orleans CBD
New Orleans, LA
New Orleans CBD - New Orleans, LA
Area Guide
The old and new icons of New Orleans meet in the Central Business District
River
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Great Location
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History
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Busy
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Tourism
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Bordering the Mississippi River, the New Orleans Central Business District (CBD) is a thriving section of New Orleans neighboring the French Quarter and Garden District. While the neighborhood is next door to the most iconic sections of the city, New Orleans Central Business District is home to several classic New Orleans landmarks. Caesars Superdome, Champions Square, and Smoothie King Center pair with historic sites like Lafayette Square, Spanish Plaza, Fulton Alley, and the Civic Theater. The Central Business District is also known for its fantastic dining options. Everything from authentic creole flavors, long-standing cafes, pizzerias, and international cuisines line these busy streets. Renters looking to call the Central Business District home have an array of apartments and condos to choose from.
Rent Trends
As of January 2026, the average apartment rent in New Orleans CBD is $998 for a studio, $1,647 for one bedroom, $2,546 for two bedrooms, and $3,509 for three bedrooms. Apartment rent in New Orleans CBD has decreased by -0.9% in the past year.
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Studio
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520 sq ft
Average Sq Ft
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$998/month
Average Rent
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1 BR
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749 sq ft
Average Sq Ft
-
$1,647/month
Average Rent
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2 BR
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1,216 sq ft
Average Sq Ft
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$2,546/month
Average Rent
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3 BR
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1,745 sq ft
Average Sq Ft
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$3,509/month
Average Rent
Transportation
95
Walker's Paradise
out of 100 WalkScore® Rating
Lace up your walking shoes because this area is considered a walker’s paradise.
85
Excellent Transit
out of 100 TransitScore® Rating
You’ll have excellent transit living in this area, with several nearby transit stops.
90
Biker's Paradise
out of 100 BikeScore® Rating
Do you prefer to get around on two wheels? You’ll love living in this neighborhood, which is considered a biker’s paradise.
Points of Interest
Shopping Centers
Parks and Recreation
- New Orleans Jazz National Historical Park
- Entergy IMAX Theatre
- Audubon Aquarium of the Americas
- Louisiana Children's Museum
- New Orleans Botanical Garden
Commuter Rail
Military Bases
Airports
- Louis Armstrong New Orleans International
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Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in November 2025.