5+ Days Ago
Highlights
- Dishwasher
- Washer and dryer
- Original hardwood floors
- Granite countertops
- Modern comfort
- Updated finishes
Location
506 S Murat St #506, New Orleans, LA 70119, USA|Mid-City
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Amenities for 506 S Murat St #506, Mid-City
Apartment Amenities
| Carpet | Ceiling Fan |
| Central Air | Hardwood Floor |
Appliances
| Dishwasher | In-Unit Laundry |
Grounds
| Outdoor Space | Storage |
Other
| Architecture Style: Cottage | Exterior Type: Vinyl Siding |
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
Contact for more information on pet policy.
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About 506 S Murat St #506
Sweet deal!
This listing is 32% below the median price for 2 bedroom apartments in Mid-City.
Property Status: Active This recently renovated two-bedroom, one-bath home in the heart of Mid-City offers a rare combination of historic charm and modern comfort. Located within walking distance to restaurants, neighborhood bars, and the Canal Streetcar, the property also provides convenient access to the Medical Corridor, Downtown, City Park, the Lafitte Greenway, and I-10. Inside, the home features original hardwood floors, exposed brick, and a spacious eat-in kitchen with granite countertops. Natural light fills the interior, highlighting updated finishes and full closets in both bedrooms. While a traditional shotgun layout, dual entrances and a walkway with easy side access make the home especially well-suited for a roommate arrangement, offering added privacy and flexibility. The fully fenced private backyard creates an inviting outdoor space for relaxing or entertaining. Additional features include a washer and dryer, a dishwasher, and outdoor storage for added convenience. Available for immediate occupancy. One-year lease preferred. Contact the listing agent for more information or to request a private showing. Office Phone: (504) 439-4900 Copyright © 2025 Gulf South Real Estate Information Network. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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 506 S Murat St #506 compares to other nearby properties.
Positives
- Middle school nearby
- There is a middle school 2 miles away
- Less expensive
- The 2-bedrooms are cheaper than other similar listings nearby
- Images Available
- There are at least 10 photos of this address
Considerations
- Greater distance from high schools
- The nearest high school is farther than 1 mile away
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 506 S Murat St #506 cost about 32% less than the average rent price for 2-bedroom apartments in New Orleans.
Median rents as of Aug 30 2025.
Mid-City
New Orleans
| Month | Median Rent |
|---|---|
| September 2023 | $1,798 |
| October 2023 | $1,750 |
| November 2023 | $1,762 |
| December 2023 | $1,730 |
| 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 | $1,783 |
| Month | Median Rent |
|---|---|
| September 2023 | $1,917 |
| October 2023 | $1,884 |
| November 2023 | $1,937 |
| December 2023 | $1,889 |
| 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 |
Affordability calculator
Can I afford to live at 506 S Murat St #506?
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
$52,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $52,000 annually to afford this 2-bedrooms monthly rent price of $1,300.
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 months ago | $1,600 |
Schools near 506 S Murat St #506
Travis Hill School
1100 milton st
new orleans, LA, 70122
3-12Public
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Internet available near 506 S Murat St #506
Getting around New Orleans near 506 S Murat St #506
Walking
7/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
7/10
This area is close to freeways and has adequate parking options.
Cycling
6/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
4/10
There are a few mass transit options within the area.
Points of interest for 506 S Murat St #506, New Orleans
Groceries
9/10
At least one supermarket within a 10-minute walk
Shopping
6/10
Several shops within a few minutes’ walk
Cafes
5/10
Some cafés within a few minutes’ walk
Restaurants
7/10
Variety of restaurants within a few minutes' walk
Primary schools
9/10
At least one elementary school within a 5-minute walk
High schools
2/10
Closest high school further than a 30-minute walk
Parks
8/10
Large amount of park space nearby
Nightlife
6/10
Some bars within a few minutes’ walk
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