Reserve at Squirrel Run
2118 W Old Spanish Trl,
New Iberia, LA 70560
1-3 Beds | $1,239 - $1,420
Rental Market Trends in New Iberia, LA
Updated July 2026
The average rent in New Iberia, LA is $930/month.
Rent in New Iberia is 44% lower than the national average rent of $1,663/month, making this one of the less expensive cities statewide.
$930/month
Average Rent
579 Sq Ft
Average Size
+0.2%
Change / Year
89
Available Apartments
New Iberia rent varies by unit size and layout:
- Studio apartments in New Iberia average per month.
- One-bedroom apartments in New Iberia average $930 per month.
- Two-bedroom apartments in New Iberia average $895 per month.
- Three-bedroom apartments in New Iberia average $1,268 or more per month.
Average Rent by Home Type
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
How much has average rent changed in New Iberia, LA?
In the past year, rent has increased by 0.2%, which averages out to $3 more per month.
Market Trends Over Time
July 2026
2025
2026
Rent Ranges in New Iberia, LA
July 2026
$700 - $1,000
Most rental prices fall within this range
Percentage*
Rent Range
17%
Below $700/month
67%
$700 - $1,000/month
17%
$1,001 - $1,500/month
0%
$1,501 - $2,000/month
0%
Above $2,000/month
What salary do I need to live comfortably in New Iberia, LA?
Because the average rent in New Iberia is $930, you’ll want to make about $3,100 per month or $37,200 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does New Iberia, LA compare to other nearby cities and neighborhoods?
Use the tool below to compare New Iberia, LA to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
View the New Iberia Area GuideApartment Communities in New Iberia We Think You'll Love
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Frequently Asked Questions
What is the average rent in New Iberia?
The average rent in New Iberia is $930 per month, which is 44.1% lower than the national average of $1,663.
What is the average rent for a house in New Iberia?
The average rent for a house in New Iberia, LA is $1,473 per month.
Are rents going up or down in New Iberia?
Rents in New Iberia, LA are increasing, with prices up 0.2% year-over-year and $3 more per month.
What rent range is most common in New Iberia?
In New Iberia, LA, 67% of apartments fall between $700 - $1,000/month, though prices may vary depending on location and other factors.
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 June 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.
* Percentages may not total 100 due to rounding.