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Homes & Apartments for Rent in New Orleans, LA 70117

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What to Know About

Living in 70117

New Orleans, known as "The Big Easy," is appreciated for its live music scene, delicious food, and rich cultural heritage. Visitors can enjoy live music, delicious food, and unique architecture in areas such as the French Quarter, Bourbon Street, and Jackson Square or explore the city's historic architecture and landmarks, such as the St. Louis Cathedral and the French Quarter. The city is also home to several museums, including the National World War II Museum, the Ogden Museum of Southern Art and Tulane University, and Loyola University New Orleans, providing many educational opportunities.

Enjoy a stroll through the lush City Park, a scenic bike ride along the mighty Mississippi River, or a hike through Jean Lafitte National Historical Park and Preserve for outdoor activities. Sports fans can cheer on the New Orleans Saints (NFL) and New Orleans Pelicans (NBA). In addition, the city is known for its excellent seafood and delicious Creole and Cajun cuisine. Something like the Mardi Gras, French Quarter Fest, and New Orleans Jazz & Heritage Festival always happens.

With its diverse culture, vibrant economy, and wide range of attractions, New Orleans is an exciting and vibrant city for anyone looking for a new home.

Rental Market Trends

New Orleans, LA

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As of November 2026, New Orleans's rental market is stable, with rentals spending about 27 days on the market, faster than in Louisiana (29), and rents down 5.0% over the past year. New Orleans's average rent is 21.8% ($323) higher than the Louisiana average of $1,480 and 11.4% ($233) lower than the U.S. average of $2,036.

Average Rent
$1,803
Monthly ChangeMonth Over Month Change
Decreased0.31% ($6)
Yearly ChangeYear Over Year Change
Decreased5.0% ($95)
Days on Market
27
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,456 Decreased1.04% ($15) Decreased8.1% ($128)
2 Beds $1,734 Decreased0.73% ($13) Decreased3.7% ($67)
3 Beds $2,207 Increased1.47% ($32) Decreased1.0% ($23)
Nearby Cities Average Rent Avg. Rent vs. New OrleansAverage Rent vs. New Orleans Days on Market
Gretna $1,345 Decreased25.4% ($458) 27 days
Arabi $1,630 Decreased9.6% ($173) 26 days
Harvey $1,579 Decreased12.4% ($224) 26 days
Jefferson $1,566 Decreased13.1% ($237) 29 days
Terrytown $1,443 Decreased20.0% ($360) 29 days
Based on rentals advertised on RentalSource in and around New Orleans.
Frequently Asked Questions
New Orleans Rental Market FAQs

Explore rental prices, market conditions, and affordability in New Orleans, LA.

The average rent in New Orleans, LA is $1,803 per month.
In New Orleans, the average rent is $1,456 per month for a 1-bedroom home, $1,734 for a 2-bedroom home and $2,207 for a 3-bedroom home.
The average rent in New Orleans is 11.4% ($233) lower than the national average of $2,036 per month.
The rental market in New Orleans, LA is currently stable, with rentals spending about 27 days on the market, faster than in Louisiana (29), and rents down 5.0% over the past year.
Based on the current averages, a household would need an annual income of $69,400 to comfortably afford a 2-bedroom home in New Orleans.
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