4 Days Ago
Highlights
Pet Friendly
Location
4040 Banks Street #4040, New Orleans, Louisiana 70119, United States|Mid-City
Tour 4040 Banks Street #4040
Contact
M J Falgoust, Inc
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Property management
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Property Overview
This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Elementary school nearby- Middle school nearby
- Fireplace
Great for
Pet owners
Amenities for 4040 Banks Street #4040, Mid-City
Apartment Amenities
| Air Conditioning | Balcony |
| Ceiling Fan | Central Heat |
| Dryer | Fireplace |
| Hardwood Floor | Heating |
| Linen Closet | Mirrors |
| Private Patio | Vinyl Floors |
| Washer |
Appliances
| In-Unit Laundry | Range |
| Refrigerator |
Tech
| Cable | Climate Control |
Building
| Cats OK | Controlled Access |
| Dogs OK | Handrails |
| Roof Deck |
Grounds
| Courtyard | Gate |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Dog Policy
Allowed
Cat Policy
Allowed
Contact for more information on pet policy.
Questions about this property’s policies and fees?
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About 4040 Banks Street #4040
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Apartments in New OrleansMid-City 4040 Banks Street #4040, New Orleans, Louisiana 70119, United States
Apartments in New OrleansMid-City 4040 Banks Street #4040, New Orleans, Louisiana 70119, United States
Sweet deal!
This listing is 19% below the median price for 2 bedroom apartments in Mid-City.
4040 Banks Street #4040 cost $1,550 per month. A couple amenities for this apartment include but are not limited to: in-unit laundry and air conditioning. Located at 4040 Banks Street #4040, New Orleans, Louisiana 70119, United States, this unit has 2 bedrooms and 1 bathroom. Based on the average rent price of 2 bedrooms in New Orleans, renting this apartment is 9% cheaper per month.Other available apartments to lease near New Orleans around the same price include but are not limited to: 2013 Camp St #A, 4119 La Salle Street, 412 Community Street
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 4040 Banks Street #4040 compares to other nearby properties.
Positives
- Elementary school nearby
- There is an elementary school 0.1 mile away
- Middle school nearby
- There is a middle school 2 miles away
- Fireplace
- Upgraded in-unit features
- Pet friendly
- This property allows pets
Address details
| Neighborhood | Mid-City |
|---|---|
| Zip code | 70119 |
| Type | Apartment for rent |
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Rent trends in Mid-City
2-bedroom apartments at 4040 Banks Street #4040 cost about 19% less than the average rent price for 2-bedroom apartments in New Orleans.
Median rents as of Dec 13 2025.
Mid-City
New Orleans
| Month | Median Rent |
|---|---|
| December 2023 | $1,700 |
| January 2024 | $1,752 |
| February 2024 | $1,775 |
| March 2024 | $1,789 |
| April 2024 | $1,800 |
| May 2024 | $1,750 |
| June 2024 | $1,715 |
| July 2024 | $1,712 |
| August 2024 | $1,740 |
| September 2024 | $1,750 |
| October 2024 | $1,756 |
| November 2024 | $1,730 |
| December 2024 | $1,742 |
| January 2025 | $1,749 |
| February 2025 | $1,812 |
| March 2025 | $1,830 |
| April 2025 | $1,870 |
| May 2025 | $1,850 |
| June 2025 | $1,800 |
| July 2025 | $1,799 |
| August 2025 | $1,785 |
| September 2025 | $1,800 |
| October 2025 | $1,785 |
| November 2025 | $1,697 |
| December 2025 | $1,699 |
| Month | Median Rent |
|---|---|
| December 2023 | $1,850 |
| January 2024 | $1,899 |
| February 2024 | $1,867 |
| March 2024 | $1,840 |
| April 2024 | $1,883 |
| May 2024 | $1,881 |
| June 2024 | $1,835 |
| July 2024 | $1,902 |
| August 2024 | $1,902 |
| September 2024 | $1,892 |
| October 2024 | $1,942 |
| November 2024 | $1,966 |
| December 2024 | $1,946 |
| January 2025 | $1,972 |
| February 2025 | $1,967 |
| March 2025 | $1,976 |
| April 2025 | $1,987 |
| May 2025 | $1,942 |
| June 2025 | $1,912 |
| July 2025 | $1,946 |
| August 2025 | $1,911 |
| September 2025 | $1,887 |
| October 2025 | $1,898 |
| November 2025 | $1,881 |
| December 2025 | $1,912 |
Affordability calculator
Can I afford to live at 4040 Banks Street #4040?
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
$62,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $62,000 annually to afford this 2-bedrooms monthly rent price of $1,550.
For more information on rent affordability, visit our rent calculator.
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| 2 years ago | $1,500 |
| 3 years ago | $1,500 |
Schools near 4040 Banks Street #4040
Travis Hill School
1100 milton st
new orleans, LA, 70122
3-12Public
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Internet available near 4040 Banks Street #4040
Getting around New Orleans near 4040 Banks Street #4040
Walking
8/10
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
5/10
Frequent public transit options are within walking distance.
Points of interest for 4040 Banks Street #4040, New Orleans
Groceries
8/10
At least one supermarket within a 10-minute walk
Shopping
7/10
Several shops within a few minutes’ walk
Cafes
5/10
Some cafés within a few minutes’ walk
Restaurants
8/10
Variety of restaurants within a few minutes' walk
Primary schools
10/10
At least one elementary school within a 5-minute walk
High schools
5/10
At least one high school within a 20-minute walk
Parks
7/10
Large amount of park space nearby
Nightlife
7/10
Several bars within a few minutes’ walk
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