How many apartments are available in 70127 on Rentable.co?

Rentable.co has 4 apartments available for rent in 70127.

What is the average rent for an apartment in 70127?

The average rent for an apartment in 70127 is around $1,030 per month.

What is the average rent for a one-bedroom apartment in 70127?

The average rent for a one-bedroom apartment in 70127 is around $925 per month.

What is the average rent for a two-bedroom apartment in 70127?

The average rent for a two-bedroom apartment in 70127 is around $1,125 per month.

Apartments in 70127

New Orleans:
May Rent Report

Welcome to the May 2025 New Orleans Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the May 2025 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

$1,900

$1,430

$950

$480

Jun. 2024

Jul. 2024

Aug. 2024

Sep. 2024

Oct. 2024

Nov. 2024

Dec. 2024

Jan. 2025

Feb. 2025

Mar. 2025

Apr. 2025

May. 2025

1 BR 2 BR

New Orleans Rent Prices Increase From April to May

New Orleans rent prices increased over the last month. From April to May, the city experienced a 0.58% increase for the price of a one-bedroom apartment. The rent price for a New Orleans one-bedroom apartments currently stands at $1,720.0.

When we take a look at the two-bedroom comparison from April to May, New Orleans experienced a 2.16% increase for the price of a two-bedroom apartment. The rent price for a New Orleans two-bedroom apartments currently stands at $1,845.0.

May Prices: New Orleans vs. Surrounding Areas

Bridge City, LA

Jefferson, LA

New Orleans, LA

Kenner, LA

Slidell, LA

Metairie, LA

Gretna, LA

Harvey, LA

$2,017

$1,717

$1,710

$1,502

$1,187

$1,176

$890

$806

$700

$1,400

$2,100

$2,800

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 5 of the New Orleans suburbs increased last month. On the other hand, 2 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

Rent increased in Kenner, LA, Metairie, LA, Gretna, LA, Harvey, LA, Jefferson, LA .
Rent decreased in Slidell, LA, Bridge City, LA.
1 suburb is currently priced higher than the city of New Orleans.
6 suburbs are currently priced lower than the city of New Orleans.

May 2025 Pricing Trends: New Orleans vs. National Comparisons

New York, NY

San Francisco, CA

Washington, DC

Los Angeles, CA

Chicago, IL

New Orleans, LA

Columbus, OH

Minneapolis, MN

Pittsburgh, PA

$4,098

$3,173

$2,343

$2,342

$1,887

$1,710

$1,310

$1,243

$1,230

$1,350

$2,700

$4,050

$5,400

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 May	1 BR M/M % Change	2 BR May	2 BR M/M % Change
New Orleans, LA	$1,710.0	0.59%	$1,806.0	2.44%
Kenner, LA	$1,502.0	4.60%	$1,535.0	13.20%
Metairie, LA	$1,176.0	5.09%	$1,453.0	4.31%
Gretna, LA	$890.0	0.34%	$1,212.0	2.89%
Slidell, LA	$1,187.0	-0.92%	$1,456.0	6.20%
Bridge City, LA	$2,017.0	-1.22%	$2,602.0	-0.35%
Harvey, LA	$806.0	2.68%	$1,003.0	0.80%
Jefferson, LA	$1,717.0	3.81%	$1,996.0	0.35%

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.