Apartments for Rent in Seventh Ward, New Orleans, LA

Seventh Ward, New Orleans apartment availability

Seventh Ward's rental market offers a good selection of listings, with an average of about 56 rentals available each month. The neighborhood's inventory is relatively balanced, with a mix of 1-bedroom, 2-bedroom, and 3-bedroom apartments. Many of these apartments offer desirable amenities, including air conditioning, in-unit laundry, and outdoor spaces. Specifically, about 40% of apartments feature air conditioning, while around 60% offer the convenience of in-unit laundry. The availability of outdoor spaces in about 43% of apartments is an added bonus for renters who value fresh air and natural light. Overall, Seventh Ward's diverse range of rentals and amenities make it a viable option for renters in New Orleans.

Seventh Ward, New Orleans rental market trends

The Seventh Ward in New Orleans experienced a slight decline in rent prices over the past year, with an average monthly rent of $1,511 across all bed counts and property types, reflecting a 0.8% decrease. Breaking it down by bed count, 1-bedrooms average $1,163 per month, a 5.7% decrease from the previous year, while 2-bedrooms average $1,427, a 4.4% decrease. Studios saw the most significant decline, with a 22% drop to $981 per month.

Rent prices in the Seventh Ward tend to fluctuate throughout the year, with January typically seeing the highest rents and March the lowest. In fact, rents in January are about 13.4% higher than in March. If you're looking for a new apartment, March might be a good time to find a deal. Keep in mind that the rental market can be competitive, but understanding these trends can help you navigate the process and find the right place for your needs and budget.

Why Seventh Ward, New Orleans is a great place to live

Seventh Ward is a top choice for renters prioritizing environmental sustainability and social living. According to 2024 data, the neighborhood's focus on eco-friendly features, such as non-toxic paint, waste recycling, and rainwater harvesting, make it an ideal spot for those seeking a green lifestyle. Additionally, the area's walk score, transit frequency, and neighborhood age distribution contribute to its vibrant social scene, allowing residents to easily connect with friends and community. With its strong emphasis on sustainability and social connection, Seventh Ward offers a unique blend of eco-conscious living and urban engagement.