Apartments for Rent in Algiers Point, New Orleans, LA

Algiers Point, New Orleans apartment availability

Algiers Point's rental market offers a good selection of listings, with an average of 15 rentals available each month. The neighborhood's inventory is relatively balanced, with a mix of 1-bedroom, 2-bedroom, and 3-bedroom apartments, as well as studios. Many of these apartments offer convenient amenities, including in-unit laundry, which is available in 84% of rentals, and dishwashers, which are available in 59% of rentals. Additionally, 47% of rentals offer on-site laundry facilities. With its range of amenities and apartment types, Algiers Point is a great option for renters looking for a comfortable and convenient place to call home.

Algiers Point, New Orleans rental market trends

Algiers Point, New Orleans, is experiencing a unique rental market trend. In 2024, the average monthly rent across all property types decreased by 2.3% from the previous year to approximately $1,799. However, this overall decline masks significant fluctuations in specific bed counts. 1-bedrooms saw a 12.2% increase, averaging $1,624 per month, while 3-bedrooms jumped 20.2% to $2,089. Conversely, 2-bedrooms experienced a 24.8% decrease, and studios are no longer available, having previously rented for an average of $0 in 2023.

Renters should note that October is the most expensive month, with rents 25.2% higher than in January, the least expensive month. This substantial difference presents an opportunity for budget-conscious renters to find a better deal in the winter months. With these trends in mind, prospective renters can navigate the Algiers Point market and potentially secure a more affordable lease.

Why Algiers Point, New Orleans is a great place to live

Algiers Point is a neighborhood that aligns with the lifestyles and interests of renters seeking an active social life. Our analysis of local amenities and attractions reveals that this area excels in providing a safe environment, frequent transit options, a diverse age distribution, well-maintained street infrastructure, and a high walk score. These factors combined create an ideal setting for renters who value community engagement and easy access to local hotspots. If you're looking for a neighborhood that supports a vibrant social life, Algiers Point is worth considering. Its unique blend of characteristics makes it an excellent choice for those who want to connect with others and experience all that the area has to offer.