Rental market trends for
New Orleans, LA
The average rent price in New Orleans was $1,960 last month, up $304 month over month.
Median rent
Month-over-month change
Average rent in New Orleans
In November 2024, New Orleans rental prices increased $304 compared to last month.
Median rent of neighborhoods in New Orleans
| Neighborhood | Median rent | MoM (% change) |
|---|---|---|
| French Quarter | $1,995 | -0.25% |
| Lakeview | $1,895 | +1.75% |
| Algiers | $1,500 | -21.05% |
| Marigny | $1,795 | -5.53% |
| New Orleans East | $1,600 | +0.00% |
| Algiers Point | $1,487 | +6.25% |
| Bywater | $1,722 | +1.32% |
| Gentilly | $1,750 | +2.94% |
| Lower Garden District | $2,400 | +23.08% |
| Bayou St. John | $1,472 | -12.09% |
| Treme-Lafitte | $1,800 | +9.09% |
| Mid-City New Orleans | $1,650 | +0.00% |
| Mid-City | $1,677 | +2.29% |
| St. Charles Avenue | $2,750 | +10.00% |
Average rent of nearby cities
Here's how New Orleans's average rent of $1,960 compares to nearby cities.
More resources for New Orleans
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| Condos for rent in New Orleans | |||
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| Rooms for rent in New Orleans |
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