Apartment Price Drops This Week in New Orleans, LA

Written by Sunny | Edited by Ian Medlock
3 minute read

Which apartments in New Orleans had the biggest rent drops this week?

Data updated: October 15, 2025 at 10:53 AM PDT

Rents are shifting fast in New Orleans, and we’re here to help you stay ahead. This week’s top price drops reflect some of the best deals we’ve seen in months.


This week in new orleans, rent prices continued to adjust. Month-over-month, 1-bedrooms dropped -5.2% and 2-bedrooms dropped -2.2%.


Which apartments dropped in price the most this week?

Unit 2105 at Lumina, featuring 1 bed and 2 baths, recently dropped by $150 to $1845. Meanwhile, Unit 0902 at Gravier Place, offering 2 beds and 2 baths, saw a reduction of $107, bringing its price down to $2155. These deals are worth checking out for anyone looking to secure a stylish and comfortable home in New Orleans at a more affordable rate.

Property Name Unit Description New Price (Drop) Drop Date
Lumina 1 bed, 2 baths $1845 (-$150) 10/9
Gravier Place 2 beds, 2 baths $2155 (-$107) 10/10
The Esplanade at City Park Apartments 2 beds, 2 baths $1795 (-$96) 10/10
The Woodward 1 bed, 1 bath $1108 (-$72) 10/11
Delaneaux 2 beds, 2 baths $2975 (-$70) 10/9
Canal 1535 2 beds, 2 baths $3265 (-$33) 10/13
2424 Tulane 1 bed, 1 bath $1552 (-$28) 10/10

What neighborhoods have the most units dropping in price?

Discover some exciting opportunities in Phoenix’s vibrant neighborhoods where home prices have recently become even more appealing! The Lower Garden District and the Central Business District are currently catching the eye of savvy homebuyers, each boasting two listings with notable price drops. Whether you’re drawn to the charm of the Lower Garden District or the bustling energy of the Central Business District, now might be the perfect time to explore these areas and find your next dream home at a more attractive price. Happy house hunting!

Neighborhood Listings
Lower Garden District 2
Central Business District 2
Tulane - Gravier 1
Mid-city 1
Fairgrounds 1

These rent drops are combined with specials!

These listings not only dropped in price — they’re also offering incentives like weeks of free rent or look & lease bonuses.

Property Description Special
Gravier Place 2 beds, 2 baths, -$107 1st Month Free
The Esplanade at City Park Apartments 2 beds, 2 baths, -$96 Free park & $1000!

Want to keep up with future price changes?

Bookmark this page or search all apartments in New Orleans to see the latest.


Note: Pricing, availability, and specials are subject to change. Please check the individual listings for the most up-to-date information.

Meet our contributors
Ian Medlock
Ian Medlock
General Manager
Ian Medlock leads growth at Sunny, where he helps renters discover the best places to live through smart, data-driven tools. With a background in marketing, product, and analytics, he's passionate about building experiences people love. Ian lives in the bay area with his family.