New Orleans

New Orleans, LA

Area Guide

The Big Easy is teeming with personality and culture

Vibrant Eclectic Cultured Charming Diverse Historic Welcoming

Welcome to New Orleans, where centuries of history blend with contemporary living. The French Quarter showcases historic architecture, while the Garden District features antebellum mansions, and the Marigny neighborhood maintains its artistic heritage. Studio apartments in New Orleans average $1,045, one-bedroom units typically cost $1,294, and three-bedroom homes run about $1,614. The Uptown area, home to Tulane and Loyola Universities, offers easy access to both campus life and the city's celebrated music venues. The Bywater district features restored Creole cottages and local eateries, while Mid-City residents enjoy transportation via the historic streetcar line along Canal Street.

New Orleans living revolves around its year-round festival calendar and rich cultural traditions. City Park spans 1,300 acres with centuries-old oak trees, walking trails, and recreational facilities. The rental market shows varying trends across different unit sizes, with studio apartments experiencing a 6.6% increase while one-bedroom rates decreased by 0.2% over the past year. Each neighborhood maintains its own character - from the renovated industrial spaces in the Warehouse District to the historic shotgun houses in Treme. With an average rent of $1,297, New Orleans offers access to world-class cuisine, music, and culture at a more accessible price point than many other major cities.

Explore the City

The St. Louis Cathedral is the nation's oldest, built in 1789

Mardi Gras is a two-week party

Historic architecture

The iconic French Quarter

Rent Trends

As of November 2025, the average apartment rent in New Orleans, LA is $1,061 for a studio, $1,275 for one bedroom, $1,512 for two bedrooms, and $1,621 for three bedrooms. Apartment rent in New Orleans has decreased by -0.8% in the past year.

Property Type
Average Rent
Average Sq Ft
Apartment
$1,275/month
712 Sq Ft
House
$2,112/month
1,272 Sq Ft
Condo
$1,694/month
989 Sq Ft
Townhome
$2,529/month
1,123 Sq Ft
See Rental Market Trends in New Orleans, LA

Cost of Living

The cost of living in New Orleans, LA is 12.0% higher than the national average. Generally, housing in New Orleans is 47.6% more expensive than the national average, with rent falling between $1,061 - $1,621. You can expect to pay 0.9% less for groceries, 28.4% less for utilities, and 3.8% less for transportation.

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Learn More About New Orleans

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Transportation

75

Very Walkable

out of 100 WalkScore® Rating

If you enjoy walking, you’ll enjoy renting in this area! It’s a very walkable neighborhood.

49

Good Transit

out of 100 TransitScore® Rating

The area around this property has good transit with many nearby transportation options.

74

Very Bikeable

out of 100 BikeScore® Rating

This area is very bikeable. You’ll find a variety of bike paths and lanes.

Schools

Eleanor Mcmain Secondary School

Public

Grades 7-12

802 Students

Eleanor Mcmain Secondary School

Public

Grades 7-12

802 Students

Points of Interest

Parks and Recreation

  • Bayou Sauvage National Wildlife Refuge

Military Bases

Airports

  • Louis Armstrong New Orleans International

Top Apartments in New Orleans

Houses for Rent in New Orleans

Property Management Companies in New Orleans, LA

Living in New Orleans

Transportation

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Home to the oldest continuously running streetcar line in the world, the three lines that run throughout the city are fun, inexpensive ways to get from Point A to B - and everywhere else in between. Twenty-four hour a day cab services and regular, daily scheduled RTA buses are also on-call to take you from home to work to painting the town red any day of the week. However, New Orleans is a walker's and bike-rider's paradise, so make a point to get out there and soak up the cultural vibe for free as you get your much-needed cardiovascular exercise.

Shopping

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Magazine Street is New Orleans's premier shopping destination. This major thoroughfare - which meanders throughout the Uptown area - is home to the largest concentration of independently owned and chain retail establishments in the city. Here, you find an infinite mix of organic consumables, one-of-a-kind furnishings, clothing, knick knacks, and a vast assortment of bars, restaurants and seafood/meat markets.

The French Market - located on the edge of the French Quarter - is another shopping hot spot where you find unique, one-of-a-kind offerings from local artisans. The open-air market is also home to fresh fruit and vegetable vendors and the infamous Cafe Du Monde beignet and coffee house.

The Shops at Canal Place and the Riverwalk New Orleans - located in the CBD - are known for their fashion-forward clothing offerings and seasonal designer accessory collections.

Highlights

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Hotel Monteleone, Frenchmen Street, Superdome, Tulane campus, Audubon Park, Riverwalk, French Market, St. Charles streetcar, Jackson Square, Mississippi River Bridge, Aquarium of the Americas, Garden District homes, Bywater, One Eyed Jack’s

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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.