YieldBadger

Rent in New Orleans, LA

Across New Orleans's 51 ZIP codes, a 2-bedroom typically rents for about $1,480 a month, with figures from $963–$1,930. The highest typical rent is in 70130 ($1,930) and the lowest in 70113 ($963). 18 ZIPs have ZIP-level figures from HUD or Census; the other 33 use the county Fair Market Rent. Owner-occupied homes in Orleans Parish pay about 0.83% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.32% in the week of Oct 22, 2026.

Rent by bedrooms

Typical monthly rent in New Orleans, LA by bedrooms
SizeTypicalRange across ZIPsZIPs
Studio$1,096$763–$1,58251
1 bed$1,229$842–$1,51051
2 beds$1,480$963–$1,93051
3 beds$1,900$960–$2,26251
4 beds$2,233$1,102–$3,40551

Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).

New Orleans ZIP codes

2 beds

Frequently asked questions

What is the average rent for a 2-bedroom in New Orleans, LA?
About $1,480 a month: the median of the typical rents in 51 ZIP codes, which range from $963–$1,930. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 1-bedroom in New Orleans, LA?
About $1,229 a month: the median of the typical rents in 51 ZIP codes, which range from $842–$1,510. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 3-bedroom in New Orleans, LA?
About $1,900 a month: the median of the typical rents in 51 ZIP codes, which range from $960–$2,262. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a studio in New Orleans, LA?
About $1,096 a month: the median of the typical rents in 51 ZIP codes, which range from $763–$1,582. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 4-bedroom in New Orleans, LA?
About $2,233 a month: the median of the typical rents in 51 ZIP codes, which range from $1,102–$3,405. Figures are gross rent (rent plus tenant-paid utilities).
Which New Orleans ZIP code has the highest rent?
For a 2-bedroom, 70130 has the highest typical rent at $1,930 a month, and 70113 the lowest at $963.
What is the property tax rate in New Orleans, LA?
Owner-occupied homes in Orleans Parish pay a typical 0.83% of their value a year (Census ACS, median taxes paid ÷ median home value, Dec 31, 2024). Investors often pay more after a purchase: the home is reassessed at the sale price and there is no homestead exemption.
What is the current 30-year mortgage rate?
The 30-year fixed rate averaged 7.32% in the week of Oct 22, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
Where do these New Orleans rent figures come from?
Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).