Rental market trends for
New Orleans, LA
The average rent price in New Orleans was $1,550 last month, up $34 month over month.
Median rent
$1,550
Month-over-month change
+$34
Average rent in New Orleans
In March 2024, New Orleans rental prices increased $34 compared to last month.
$1,550
+2.20% month over month
Median rent of neighborhoods in New Orleans
Neighborhood | Median rent | MoM (% change) |
---|---|---|
French Quarter | $1,995 | -0.25% |
Marigny | $1,795 | -5.53% |
Bywater | $1,722 | +1.32% |
Lakeview | $1,895 | +1.75% |
Algiers | $1,500 | -21.05% |
Algiers Point | $1,487 | +6.25% |
New Orleans East | $1,600 | +0.00% |
Lower Garden District | $2,400 | +23.08% |
Gentilly | $1,750 | +2.94% |
Mid-City | $1,677 | +2.29% |
Mid-City New Orleans | $1,650 | +0.00% |
Bayou St. John | $1,472 | -12.09% |
Treme-Lafitte | $1,800 | +9.09% |
Last updated: 05/17/2024
Average rent of nearby cities
Here's how New Orleans's average rent of $1,550 compares to nearby cities.
Last updated: 05/17/2024
More resources for New Orleans
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Condos for rent in New Orleans | |||
Houses for rent in New Orleans | |||
Townhomes for rent in New Orleans | |||
Apartments for rent in New Orleans |