How many apartments are available in Algiers Point on Rentable.co?

Rentable.co has over 87 apartments available near Algiers Point.

What is the average rent for a studio apartment in Algiers Point?

The average rent for a studio apartment near Algiers Point is around $1,130 per month.

What is the average rent for a one-bedroom apartment in Algiers Point?

The average rent for a one-bedroom apartment near Algiers Point is around $1,618 per month.

What is the average rent for a two-bedroom apartment in Algiers Point?

The average rent for a two-bedroom apartment near Algiers Point is around $2,000 per month.

How many apartments are available in New Orleans, LA on Rentable.co?

Rentable.co has over 8,556 apartments available in New Orleans.

What is the average rent for a studio apartment in New Orleans, LA?

The average rent for a <a href='/new-orleans-la/studio-apartments-for-rent' >studio apartment</a> in New Orleans is around $1,150 per month.

What is the average rent for a one-bedroom apartment in New Orleans, LA?

The average rent for a <a href='/new-orleans-la/1-bedroom-apartments-for-rent' >one-bedroom apartment</a> in New Orleans is around $1,460 per month.

What is the average rent for a two-bedroom apartment in New Orleans, LA?

The average rent for a <a href='/new-orleans-la/2-bedroom-apartments-for-rent' >two-bedroom apartment</a> in New Orleans is around $1,700 per month.

How expensive is it to rent an apartment in New Orleans, LA?

For a two-bedroom apartment in New Orleans, the average rent price is $1,700 per month, which is similar to the national average of $1,600 per month.

Can I afford an apartment for rent in New Orleans, LA?

Based on average rent prices in New Orleans, to afford a <a href='/new-orleans-la/studio-apartments-for-rent' >studio apartment</a> you would need an annual household income of $46,000 to live comfortably.

Apartments in Algiers Point New Orleans

New Orleans:
November Rent Report

Welcome to the November 2024 New Orleans Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the November 2024 key findings and figures for the New Orleans rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in New Orleans and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of New Orleans average rent prices in the chart below.

Monthly Rent Report

$1,850

$1,390

$930

$460

Dec. 2023

Jan. 2024

Feb. 2024

Mar. 2024

Apr. 2024

May. 2024

Jun. 2024

Jul. 2024

Aug. 2024

Sep. 2024

Oct. 2024

Nov. 2024

1 BR 2 BR

New Orleans Rent Prices Increase From October to November

New Orleans rent prices increased over the last month. From October to November, the city experienced a 2.15% increase for the price of a one-bedroom apartment. The rent price for a New Orleans one-bedroom apartments currently stands at $1,708.0.

When we take a look at the two-bedroom comparison from October to November, New Orleans experienced a -0.45% decrease for the price of a two-bedroom apartment. The rent price for a New Orleans two-bedroom apartments currently stands at $1,776.0.

November Prices: New Orleans vs. Surrounding Areas

New Orleans, LA

Slidell, LA

Metairie, LA

Gretna, LA

Harvey, LA

$1,672

$1,197

$1,049

$878

$775

$550

$1,100

$1,650

$2,200

Median 1 BR Rent

Rent Prices in New Orleans and Surrounding Areas

Rent prices have increased in New Orleans over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 1 of the New Orleans suburb increased last month. On the other hand, 3 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

Rent increased in Slidell, LA .
Rent decreased in Gretna, LA, Metairie, LA, Harvey, LA.
4 suburbs are currently priced lower than the city of New Orleans.

November 2024 Pricing Trends: New Orleans vs. National Comparisons

New York, NY

San Francisco, CA

Los Angeles, CA

Washington, DC

Chicago, IL

New Orleans, LA

Columbus, OH

Minneapolis, MN

Pittsburgh, PA

$4,211

$3,115

$2,373

$2,354

$1,903

$1,672

$1,338

$1,246

$1,202

$1,400

$2,800

$4,200

$5,600

Median Rent

New Orleans Rent Prices More Affordable Than Major Cities

Rent growth in New Orleans over the past year has been on the rise. When compared to major cities nearby, along with some of the most expensive cities in the country, New Orleans average rent prices appear to be relatively affordable for local residents.

The price for a New Orleans one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about New Orleans and surrounding area rent prices, take a look at the complete data set below.

Data set for New Orleans and suburbs

	1 BR November	1 BR M/M % Change	2 BR November	2 BR M/M % Change
New Orleans, LA	$1,672.0	2.58%	$1,784.0	2.29%
Slidell, LA	$1,197.0	1.53%	$1,326.0	0.00%
Gretna, LA	$878.0	0.00%	$1,044.0	0.48%
Metairie, LA	$1,049.0	0.00%	$1,366.0	0.44%
Harvey, LA	$775.0	0.00%	$987.0	0.61%

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.