3 Days Ago
Location
1201 Canal St, New Orleans, LA 70112, USA|Central Business District
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Property Overview
1201 Canal Apartments offers an impressive overall Zumper rating of 8 out of 10, highlighting its competitive pricing and outstanding amenities. Its prime location earns a rating of 9 out of 10, providing excellent access to parks, public transit, and a vibrant social scene with numerous dining and mixed-use options nearby. Additionally, the property demonstrates transparency and trustworthiness, further enhancing its appeal to potential renters.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
More space
Great for
Eco living
Social life
Floor plans
| 2BR/2.5BA | 2 bed | 2.5 bath | 2,035 sqft | $2,850 /mo | 1 unit available |
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Policies and fees
Applicants
Applicants
One-time.
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REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Building details
Property details
| Units | 5 |
|---|
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About 1201 Canal Apartments
1201 Canal Apartments cost $2,850 per month. Located at 1201 Canal St, New Orleans, LA 70112, USA, 1201 Canal Apartments has 2 bedroom units available. Based on the average rent price of 2 bedrooms in New Orleans, renting an apartment at 1201 Canal Apartments is 68% more expensive per month.Other apartment buildings in or around New Orleans include but are not limited to: 1148 S Peters St, 508 Chartres St, 2150 42nd St
Zumper Expert Rating
Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.0
/10
Very GoodWith a solid 8 out of 10 overall, 1201 Canal Apartments is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 1201 Canal Apartments has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
Price·9A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
1201 Canal Apartments stands out with a remarkable rating of 9/10 for its cost per bedroom compared to other rentals in the area. Considering the excellent balance between price, convenience, and comfort that it provides, residents enjoy a high-quality living experience.
Amenities·8A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
With multiple in-demand amenities, 1201 Canal Apartments is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
1201 Canal Apartments is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While 1201 Canal Apartments does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·7A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
1201 Canal Apartments provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.
1201 Canal Apartments is great for:
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 1201 Canal Apartments compares to other nearby properties.
Positives
- More space
- The 2-bedroom is 907 sqft larger than other listings nearby
Considerations
- Lacks images
- Fewer than 10 photos available for this location
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Rent trends in Central Business District
2-bedroom apartments at 1201 Canal Apartments cost about 1% more than the average rent price for 2-bedroom apartments in Central Business District.
Median rents as of Jan 24 2026.
Central Business District
New Orleans
| Month | Median Rent |
|---|---|
| February 2024 | $1,202 |
| March 2024 | $1,134 |
| April 2024 | $1,328 |
| May 2024 | $1,116 |
| June 2024 | $1,144 |
| July 2024 | $1,105 |
| August 2024 | $1,155 |
| September 2024 | $1,185 |
| October 2024 | $1,150 |
| November 2024 | $1,160 |
| December 2024 | $1,115 |
| January 2025 | $1,133 |
| February 2025 | $1,170 |
| March 2025 | $1,196 |
| April 2025 | $1,100 |
| May 2025 | $1,083 |
| June 2025 | $1,050 |
| July 2025 | $1,063 |
| August 2025 | $1,246 |
| September 2025 | $1,169 |
| October 2025 | $1,091 |
| November 2025 | $1,062 |
| December 2025 | $1,078 |
| January 2026 | $1,076 |
| Month | Median Rent |
|---|---|
| March 2024 | $1,589 |
| August 2024 | $1,450 |
| September 2024 | $1,433 |
| October 2024 | $1,435 |
| November 2024 | $1,426 |
| January 2025 | $1,435 |
| February 2025 | $1,435 |
| April 2025 | $981 |
| May 2025 | $998 |
| June 2025 | $1,000 |
| July 2025 | $1,000 |
| August 2025 | $1,448 |
| September 2025 | $1,102 |
| October 2025 | $1,000 |
| November 2025 | $993 |
| December 2025 | $995 |
| January 2026 | $978 |
Affordability calculator
Can I afford to live at 1201 Canal St?
Bedrooms
2 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$114,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $114,000 annually to afford this 2-bedrooms monthly rent price of $2,850.
For more information on rent affordability, visit our rent calculator.
Schools near 1201 Canal Apartments
Travis Hill School
1100 milton st
new orleans, LA, 70122
3-12Public
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Internet available near 1201 Canal Apartments
Neighborhood
Central Business District | New Orleans, LA
NEIGHBORHOOD VIBE
Lively and energetic
You’ll be in the heart of the action in this bustling and vibrant area with plenty of shopping, nightlife, and culture.
Getting around New Orleans near 1201 Canal St
Walking
10/10
No car? No problem. Everything you need is within a few blocks.
Driving
7/10
This area is close to freeways and has adequate parking options.
Cycling
8/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
9/10
Getting around is a breeze; rapid transit and bus lines are a few blocks away.
Points of interest for 1201 Canal St, New Orleans
Groceries
9/10
At least one supermarket within a 5-minute walk
Shopping
9/10
Exceptional variety of shops within a few minutes’ walk
Cafes
7/10
Several cafés within a few minutes’ walk
Restaurants
9/10
Exceptional variety of restaurants within a few minutes’ walk
Primary schools
5/10
At least one elementary school within a 20-minute walk
High schools
6/10
At least one high school within a 20-minute walk
Parks
8/10
Large amount of park space nearby
Nightlife
10/10
Exceptional variety of bars right within a few minutes’ walk
Explore the area around 1201 Canal St
Basinsupermarket
237 Basin St
Dauphine Food Mart LLC
215 Dauphine St
La Cocinita
234 Loyola Ave
French Quarter Food Mart Inc
1534 Saint Louis St
FNBC Mid City Market LLC
909 Poydras St
American Fashions
924 Canal St
Sports Plus
828 Canal St
Bella Mia Activewear LLC
234 Loyola Ave
Nouveau
814 Canal St
Live
810 Canal St
Backatown
301 Basin St
Cafe Bon Ami
822 Perdido St
Amorino
637 Canal St
PJ's Coffee
300 Bourbon St
PJ's Coffee
1515 Poydras St
Bsame
110 S Rampart St
Double Dealer
129 Roosevelt Way Orpheum Theater
Roosevelt Hotel Bar
116 Roosevelt Way
Burgundy Bar
931 Canal St
Fountain Lounge
130 Roosevelt Way
Kind Cakes & Candles
T M Bread & Pastries
335 Baronne St
Sucre
217 Royal St
B Sweet Cakes
704 N Rampart St
Sucre
636 Royal St
Park
Park
Park
Park
Park
Bsame
110 S Rampart St
Ruby Slipper Cafe
1001 Canal St
Al Madkour
940 Canal St
Resurrection
931 Canal St
We's Dat Chicken & Shrimp
1407 Canal St
Canal / N. Rampart (Out)
Canal Streetcar - City Park / Muse, UPT-Riverfront, Canal Streetcar - Cemeteries
Canal / S. Rampart (In)
UPT-Riverfront, Canal Streetcar - City Park / Muse, Canal Streetcar - Cemeteries
Elk Place / Canal
Paris-Broadmoor, St. Bernard-Claiborne, Jackson-Esplanade, Paris - Claiborne Owl, Elysian Fields, Magazine, St. Claude - Arabi
Canal / Elk Place (In)
UPT-Riverfront
Canal / Basin Ob
UPT-Riverfront
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