Apartments & Homes for Rent in 70119

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What to Know About

Living in 70119

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

As of April 2025, New Orleans's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. New Orleans's average rent is 63.2% ($736) higher than the Louisiana average of $1,164 and 5.6% ($101) higher than the U.S. average of $1,799.

Average Rent
$1,900
Monthly ChangeMonth Over Month Change
Increased2.6% ($48)
Yearly ChangeYear Over Year Change
Increased19.3% ($308)
Avg. Days on MarketAverage Days on Market
37
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,782 Increased2.9% ($51) Increased28% ($390)
2 Beds $2,027 Increased0.8% ($16) Increased30% ($468)
3 Beds $2,468 Increased4.6% ($108) Increased34.6% ($635)
Nearby Cities Average Rent Avg. Rent vs. New OrleansAverage Rent vs. New Orleans Avg. Days on MarketAverage Days on Market
Gretna $1,250 Decreased34.2% ($650) 33 days
Metairie $1,393 Decreased26.7% ($507) 30 days
Chalmette $1,382 Decreased27.3% ($518) 32 days
Kenner $1,575 Decreased17.1% ($325) 34 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
New Orleans Rental Market FAQs

Explore rental prices, market trends, and availability in New Orleans, LA.

The average rent in New Orleans, LA is $1,900 per month.
Homes in New Orleans typically rent for between $1,247 and $3,208 per month, with an average of $1,900 per month.
In New Orleans, the average rent for a 1-bedroom home is $1,782 per month, for a 2-bedroom home, $2,027 per month, and a 3-bedroom home is $2,468 per month.
The average rent in New Orleans is 5.6% ($101) higher than the national average of $1,799 per month.
The average rent in New Orleans has increased by 2.6% ($48) in the last month and increased by 19.3% ($308) over the past year.
The rental market in New Orleans, LA, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In New Orleans, LA, the average rental stays on the market for approximately 37 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 228 rental properties available in New Orleans, LA.
Based on the current averages, a household would need an annual income of $81,080 to comfortably afford a 2-bedroom home in New Orleans.
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