Apartment Rent in Central City
New Orleans, Louisiana · LA
Avg 1BR Rent $1,500 /month
Rent by Bedroom Count
Studio $1,050/mo ~635 sq ft $1.65/sq ft
1 Bedroom $1,500/mo ~882 sq ft $1.70/sq ft
2 Bedrooms $2,200/mo ~1279 sq ft $1.72/sq ft
3 Bedrooms $2,575/mo ~1632 sq ft $1.58/sq ft
Market Metrics
Year-over-Year Change -0.3% Rents declining
Vacancy Rate 3.4% Very tight supply
Walk Score 60/100 Somewhat Walkable
Transit Score 75/100 Excellent Transit
What to Budget
At $1,500/mo for a 1-bedroom in Central City, you should budget at least $4,500/mo in gross income (the standard 30% rule). For a studio at $1,050/mo, you'd need roughly $3,150/mo.
Studio income needed $3,150/mo
1BR income needed $4,500/mo
2BR income needed $6,600/mo
Moving to Central City?
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