5+ Days Ago
Highlights
Pet Friendly
Location
4040 Banks St #4040, New Orleans, LA 70119, USA|Mid-City
Tour 4040 Banks St #4040
Contact
M J Falgoust, Inc
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Property management
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Property Overview
4040 Banks St #4040 offers convenient proximity to educational institutions, with the nearest top-rated elementary school just under a tenth of a mile away and the middle school a little over 2.4 miles. The property features outdoor spaces and has excellent pet-friendly amenities, with several pet hospitals and supply stores located nearby. These aspects contribute to a vibrant, community-oriented living environment.
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 St #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 St #4040
Sweet deal!
This listing is 25% below the median price for 2 bedroom apartments in Mid-City.
4040 Banks St #4040 cost $1,450 per month. A couple amenities for this apartment include but are not limited to: hardwood floor and central heat. Located at 4040 Banks St #4040, New Orleans, LA 70119, USA, this unit has 2 bedrooms and 1 bathroom. Based on the average rent price of 2 bedrooms in New Orleans, renting this apartment is 14% cheaper per month.Other available apartments to lease near New Orleans around the same price include but are not limited to: New Orleans St, Bridge City Ave, Banks St
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 St #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 St #4040 cost about 25% less than the average rent price for 2-bedroom apartments in New Orleans.
Median rents as of Mar 14 2026.
Mid-City
New Orleans
| Month | Median Rent |
|---|---|
| March 2024 | $1,750 |
| 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 | $1,698 |
| January 2026 | $1,697 |
| February 2026 | $1,716 |
| March 2026 | $1,697 |
| Month | Median Rent |
|---|---|
| March 2024 | $1,843 |
| 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 | $1,928 |
| January 2026 | $1,959 |
| February 2026 | $1,974 |
| March 2026 | $1,945 |
Affordability calculator
Can I afford to live at 4040 Banks St #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
$58,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $58,000 annually to afford this 2-bedrooms monthly rent price of $1,450.
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 St #4040
Travis Hill School
1100 milton st
new orleans, LA, 70122
3-12Public
Riverside Alternative High School
3225 river rd
bridge city, LA, 70094
1-12Public
Ruppel Academie Francaise
815 huey p long ave
gretna, LA, 70053
PK, K-6Public
A
Ralph J Bunche Elementary
8101 simon st
metairie, LA, 70003
PK, K-5Public
B-
Arlene Meraux Elementary School
4004 paris rd
chalmette, LA, 70043
PK, K-5Public
B
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Internet available near 4040 Banks St #4040
Getting around New Orleans near 4040 Banks St #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 St #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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