Marigny, New Orleans, LA Rental Market Trends

The average rent for an apartment in Marigny, New Orleans, LA is $3,375 ($2.93 per sqft), based on a survey of 8 rental listings in Marigny, New Orleans, LA conducted by Hello Data, Inc. on May 28, 2023. This is 80% above the national average rent of $1,875 ($1.87 per sqft). The following graphs show how average rent varies based on number of bedrooms, square footage, quality and location:

Average rent in Marigny, New Orleans, LA by Number of Bedrooms

The chart below shows the average rent in Marigny, New Orleans, LA for apartments by number of bedrooms:

Average apartment size in Marigny, New Orleans, LA

The average apartment size in Marigny, New Orleans, LA is 1,150 sqft, which is 15% above the U.S. national average apartment size of 1,003 sqft. This graph illustrates average size in Marigny, New Orleans, LA for each unit type:

Average Rent in New Orleans, LA by Neighborhood

There are 23 neighborhoods in New Orleans, LA . Uptown is the most expensive neighborhood, with an average rent of $3,000 ($1.77 per sqft), and Old Aurora is the most affordable neighborhood in New Orleans, LA , with an average rent of $1,395 ($1.44 per sqft). The following tables show the Top 5 neighborhoods in New Orleans, LA by average rent and the top 5 most affordable neighborhoods in New Orleans, LA by average rent:

Top 5 most expensive neighborhoods in New Orleans, LA by average rent:

Neighborhood
$3,000 avg. rent
$1.77 per sqft
$2,850 avg. rent
$2.31 per sqft
$2,700 avg. rent
$2.55 per sqft
$2,450 avg. rent
$2.09 per sqft
$2,425 avg. rent
$2.20 per sqft

Top 5 most affordable neighborhoods in New Orleans, LA by average rent:

Neighborhood
$1,686 avg. rent
$1.69 per sqft
$1,475 avg. rent
$1.51 per sqft
$1,425 avg. rent
$1.44 per sqft
$1,423 avg. rent
$1.82 per sqft
$1,395 avg. rent
$1.44 per sqft

Average Rent in New Orleans, LA by Zip Code

There are 14 zip codes in New Orleans, LA . 70115 is the most expensive zip code, with an average rent of $2,325 ($1.91 per sqft), and 70131 is the most affordable zip code in New Orleans, LA , with an average rent of $1,395 ($1.44 per sqft). The following tables show the Top 5 zip codes in New Orleans, LA by average rent and the top 5 most affordable zip codes in New Orleans, LA by average rent:

Top 5 most expensive zip codes in New Orleans, LA by average rent:

Zip Code
$2,325 avg. rent
$1.91 per sqft
$2,192 avg. rent
$2.44 per sqft
$2,100 avg. rent
$1.91 per sqft
$2,000 avg. rent
$1.43 per sqft
$1,999 avg. rent
$2.51 per sqft

Top 5 most affordable zip codes in New Orleans, LA by average rent:

Zip Code
$1,675 avg. rent
$1.42 per sqft
$1,650 avg. rent
$1.75 per sqft
$1,625 avg. rent
$1.87 per sqft
$1,488 avg. rent
$1.20 per sqft
$1,395 avg. rent
$1.44 per sqft

Average Apartment Listing Volume and Average Time on Market in Marigny, New Orleans, LA

Average number of days on market in Marigny, New Orleans, LA

The average listing remains on the market for 15 days in Marigny, New Orleans, LA. This is greater than the national average time on market of 10 days for apartment listings. The chart below shows how many units remain on the market by number of days in Marigny, New Orleans, LA:

Available Apartments in Marigny, New Orleans, LA by Unit Type

On May 28, 2023 Hello Data, Inc. surveyed 8 active apartment listings in Marigny, New Orleans, LA. The graph below shows the breakdown of multifamily units listed by bedroom count:

Frequently Asked Questions – Marigny, New Orleans, LA Average Rents

What are the most affordable neighborhoods in New Orleans, LA?

The most affordable neighborhoods in New Orleans, LA are Old Aurora, where the average rent is $1,395 ($1.44 per sqft) and Fairgrounds, where renters pay $1,423 ($1.82 per sqft) per month on average.

What are the most expensive neighborhoods in New Orleans, LA?

The most expensive neighborhoods in New Orleans, LA are Uptown, with an average rent of $3,000 ($1.77 per sqft) and West Riverside, with an average rent of $2,850 ($2.31 per sqft) per month.

What are the most popular neighborhoods in New Orleans, LA?

The most popular neighborhoods in New Orleans, LA are Central Business District, with 161 active listings as of May 28, 2023 and Lower Garden District, with 81 active listings as of May 28, 2023.

How much is a 2 Bedroom apartment in Marigny, New Orleans, LA?

The average monthly rental price for 2 Bedroom apartments in Marigny, New Orleans, LA is $3,375 ($2.93 per sqft).

See how Hello Data can help your business