Average Rent in 70130, New Orleans, LA

Current Versus Historical 70130, New Orleans, LA Rents

70130 rentals average $2,095 for a 1-bedroom rental to $7,000 for a 4-bedroom rental. The median price of all currently available listings is $2,250, or roughly $3 per square feet.

For the apartment units and housing in April 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $6,143 (452.49%) year-over-year from $1,358 to $7,500. 1-bedroom rentals prices have increased by $25 (1.32%) year-over-year from $1,900 to $1,925. 2-bedroom rentals prices have decreased by $279 (-10.82%) year-over-year from $2,579 to $2,300. 3-bedroom rentals prices have increased by $298 (8.26%) year-over-year from $3,600 to $3,898. 4-bedroom rentals prices have decreased by $4,133 (-37.13%) year-over-year from $11,133 to $7,000. Note that this figure includes all active and rented listings throughout the month.

Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone up by 43.20% this month. 1-bedroom rents have gone down by 1.49% this month. 2-bedroom rents have gone down by 2.18% this month. 3-bedroom rents have gone down by 0.00% this month. 4-bedroom rents have gone down by 2.10% this month.

Beds	Price / Sqft	Apr 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
1 BR	$2.88	$1,925	$1,900 (1.32%)	$1,708 (12.73%)
2 BR	$2.20	$2,300	$2,579 (-10.82%)	$1,926 (19.44%)
3 BR	$2.12	$3,898	$3,600 (8.26%)	$3,658 (6.54%)
4+ BR	$2.64	$7,000	$11,133 (-37.13%)	$6,290 (11.29%)

Historical Rents in 70130, New Orleans, LA

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near 70130

There are a total of 1 cities nearby 70130. The average rent in 70130 is currently $1,900 per month. Only one city nearby has an average rent lower than that. Our records show that New Orleans, LA, with an average rent of $1,900, is the most affordable city nearby. In contrast, the most expensive city near 70130, New Orleans, LA is New Orleans, LA. Monthly rents here are on average $1,900 per month.

Let's compare 70130, New Orleans, LA's rent against other top cities nearby by bedroom size. Typically, rent for studios in 70130, New Orleans, LA is inf% more affordable than other cities nearby. One bedrooms are about 23.63% more expensive. Two bedrooms in 70130, New Orleans, LA are about 24.44% more expensive. Finally, rent for three bedrooms are about 38.42% more expensive. Want more information? Check out the top 1 cities near 70130, New Orleans, LA in the following chart.

City	Studio	1 Bed	2 Bed	All
New Orleans, LA	$950	$1,600	$1,700	$1,900

Top Neighborhoods Near 70130

View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All

Top Counties Near 70130

Some of these counties include Jefferson, LA, Orleans, LA, and St. Tammany, LA. The average rent for rentals in these counties is $1,900. That's roughly around $1 per sqft. A total of 3 counties have a lower average rent. The county that is the most affordable is Jefferson, LA. It's average rent per month is $1,850. Vice versa, with an average rent of $1,900, St. Tammany, LA is the most expensive county by 70130, New Orleans, LA.

Typically, rent for studios in 70130, New Orleans, LA is inf% more affordable than other counties nearby. In comparison, rent for one bedroom listings in 70130, New Orleans, LA is 47.49% more expensive than other counties nearby. Finally, rent for two bedrooms in 70130, New Orleans, LA is 32.56% more expensive than other counties nearby. We've listed all of these counties in the chart below.

County	Studio	1 Bed	2 Bed	All
Jefferson, LA	N/A	$1,100	$1,518	$1,850
Orleans, LA	$950	$1,600	$1,700	$1,900
St. Tammany, LA	$5,188	$1,100	$1,388	$1,900

Top Zipcodes Near 70130

There are a total of 3 zipcodes in or near 70130, New Orleans, LA. The average rent for all of these zipcodes is $1,950. A total of 3 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 70119, New Orleans, LA at $1,700 per month. In comparison, the zipcode with the most expensive average rent of $2,200 per month is 70118, New Orleans, LA.

Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near 70130, New Orleans, LA is $1,500 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,775 per month. Which comes out to $2 per sqft. The following chart includes the top 3 zipcodes in 70130, New Orleans, LA. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
70115, New Orleans, LA	N/A	$1,500	$1,800	$1,950
70119, New Orleans, LA	N/A	$1,200	$1,625	$1,700
70118, New Orleans, LA	N/A	$1,500	$1,775	$2,200

Frequently Asked Questions - 70130 Average Rents

What is the average rent price in 70130, New Orleans, LA?

The average monthly rental price for 70130, New Orleans, LA apartments for rent is approximately $2,250. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do 70130, New Orleans, LA rent prices drop in winter?

Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in 70130, New Orleans, LA.

How much is a studio apartment in 70130, New Orleans, LA?

The average monthly rental price for studio apartments is $0 and an average price per square feet of $0.00. There are a total of 0 studio apartment listings currently available for rent in 70130.

How much is a one bedroom apartment in 70130, New Orleans, LA?

The average monthly rental price for one bedroom apartments is $2,095 and an average price per square feet of $2.88. There are a total of 25 one bedroom apartment listings currently available for rent in 70130.

How much is a two bedroom apartment in 70130, New Orleans, LA?

The average monthly rental price for two bedroom apartments is $2,250 and an average price per square feet of $2.20. There are a total of 22 two bedroom apartment listings currently available for rent in 70130.

How have rent prices in 70130, New Orleans, LA changed this year?

Rent prices for rentals in 70130, New Orleans, LA can fluctuate yearly. Specifically, studio rental prices have changed by 4.52%, one bedroom rental prices have changed by 0.01%, two bedroom rental prices have changed by -0.11%, and three bedroom rental prices have changed by 0.08% year-over-year.

What is a reasonable rent price in 70130, New Orleans, LA?

A reasonable rent price in 70130, New Orleans, LA is around $1,800/month. You can search for these reasonably priced rental listings on RentHop.