The 10 Cheapest New Orleans, LA Neighborhoods To Live In For 2024


The cheapest New Orleans neighborhoods are Tall Timbers-Brechtel and Read Blvd East for 2024 based on Saturday Night Science.

Worst Neighborhoods In New Orleans
Source: Flickr User szeke | CC BY-SA 2.0

Everything else equal, we can all agree that living in a cheaper place is better than living in a more expensive place.

I’d much rather pay $500/mo in rent than $1,000. And I’d rather pay $2 for coffee than $5.

And while every neighbhorhood in New Orleans might be more expensive than living in rural Louisiana, there are certain neighborhoods that are definitely cheaper.

What exactly are those New Orleans neighborhoods where your dollar goes a little further — you can get that one bedroom instead of the studio?

Instead of relying on public opinion and speculation, we wanted to get the facts straight and determine which neighborhoods in New Orleans are the cheapest using Saturday Night Science.

The Cheapest Neighborhoods In New Orleans For 2024

  1. Tall Timbers-Brechtel
  2. Read Blvd East
  3. Old Aurora
  4. Village De L’est
  5. Lake Catherine
  6. Gentilly Terrace
  7. Lake Terrace And Oaks
  8. Holy Cross
  9. Fillmore
  10. East Riverside

What’s the cheapest neighborhood to live in New Orleans for 2024? According to the most recent census data, Tall Timbers-Brechtel looks to be the cheapest New Orleans neighborhood to live in.

At this point, we should make it clear that you do get what you pay for — some of these neighborhoods might not be the best places to live in New Orleans. You could be sacrificing location or crime rates for more space and cheaper groceries.

Read on to see how we determined the places around New Orleans that deserve a little bragging rights, or maybe you’re interested in the worst neighborhoods in New Orleans.

For more Louisiana reading, check out:


Table Of Contents: Top Ten | Methodology | Summary | Table


The 10 Cheapest Neighborhoods To Live In New Orleans For 2024

Overall SnackAbility

7
/10

Population: 13,387
Cost Of Living Index: 91 (14th cheapest)
Home Value To Income Ratio: 3.4 (6th cheapest)
Rent To Income Ratio: 0.017 (14th cheapest)
More on Tall Timbers-Brechtel: Data | Real Estate

Overall SnackAbility

8
/10

Population: 8,886
Cost Of Living Index: 95 (30th cheapest)
Home Value To Income Ratio: 3.3 (5th cheapest)
Rent To Income Ratio: 0.005 (3rd cheapest)
More on Read Blvd East: Data | Real Estate

Overall SnackAbility

8
/10

Population: 15,830
Cost Of Living Index: 95 (30th cheapest)
Home Value To Income Ratio: 3.3 (3rd cheapest)
Rent To Income Ratio: 0.017 (16th cheapest)
More on Old Aurora: Data | Real Estate

Overall SnackAbility

5
/10

Population: 8,709
Cost Of Living Index: 90 (10th cheapest)
Home Value To Income Ratio: 3.1 (cheapest)
Rent To Income Ratio: 0.026 (39th cheapest)
More on Village De L’est: Data | Real Estate

Overall SnackAbility

6
/10

Population: 677
Cost Of Living Index: 105 (44th cheapest)
Home Value To Income Ratio: 3.7 (7th cheapest)
Rent To Income Ratio: 0.0 (cheapest)
More on Lake Catherine: Data | Real Estate

Overall SnackAbility

7
/10

Population: 10,066
Cost Of Living Index: 98 (35th cheapest)
Home Value To Income Ratio: 3.2 (2nd cheapest)
Rent To Income Ratio: 0.019 (22nd cheapest)
More on Gentilly Terrace: Data | Real Estate

Overall SnackAbility

9
/10

Population: 1,497
Cost Of Living Index: 116 (55th cheapest)
Home Value To Income Ratio: 3.8 (8th cheapest)
Rent To Income Ratio: 0.005 (2nd cheapest)
More on Lake Terrace And Oaks: Data | Real Estate

Overall SnackAbility

6
/10

Population: 2,862
Cost Of Living Index: 91 (14th cheapest)
Home Value To Income Ratio: 4.4 (16th cheapest)
Rent To Income Ratio: 0.024 (38th cheapest)
More on Holy Cross: Data | Real Estate

Overall SnackAbility

8.5
/10

Population: 6,495
Cost Of Living Index: 105 (44th cheapest)
Home Value To Income Ratio: 4.1 (12th cheapest)
Rent To Income Ratio: 0.017 (13th cheapest)
More on Fillmore: Data | Real Estate

Overall SnackAbility

8
/10

Population: 3,235
Cost Of Living Index: 112 (52nd cheapest)
Home Value To Income Ratio: 4.3 (14th cheapest)
Rent To Income Ratio: 0.013 (5th cheapest)
More on East Riverside: Data | Real Estate

Methodology: How We Determined The Cheapest New Orleans Hoods In 2024

To rank the cheapest places to live in New Orleans, we had to determine what criteria define “cheap” and then apply Saturday Night Science.

Using Census and extrapolated BLS data, we arrived at the following set of criteria:

  • Overall Cost Of Living
  • Rent To Income Ratio
  • Median Home Value To Income Ratio

We then ranked each neighborhood with scores from 1 to 68 in each category, where 1 was the cheapest.

Next, we averaged the rankings for each neighborhood to create a cheap neighborhood index.

And finally, we crowned the neighborhood with the lowest cheapest neighborhood index, the “Cheapest City Neighborhood In New Orleans.” We’re lookin’ at you, Tall Timbers-Brechtel.

We updated this article for 2024. This is our fourth time ranking the cheapest neighborhoods to live in New Orleans. Skip to the end to see the list of all the neighborhoods in the city, from cheapest to most expensive.

Summary: Lowest Cost Places To Live In New Orleans

If you’re measuring the neighborhoods in New Orleans where prices are low, and it’s cheap to live, this is an accurate list.

The most affordable neighborhoods in New Orleans are Tall Timbers-Brechtel, Read Blvd East, Old Aurora, Village De L’est, Lake Catherine, Gentilly Terrace, Lake Terrace And Oaks, Holy Cross, Fillmore, and East Riverside.

As mentioned earlier, the neighborhoods in New Orleans aren’t all cheap. French Quarter takes the title of the most expensive neighborhood to live in New Orleans.

The most expensive neighborhoods in New Orleans are French Quarter, Pines Village, Garden District, Touro, and Dillard.

We ranked the neighborhoods from cheapest to most expensive in the chart below.

For more Louisiana reading, check out:

Detailed List Of The Cheapest Neighborhoods To Live In New Orleans For 2024

Rank Neighborhood Cost Of Living Index
1 Tall Timbers-Brechtel 91
2 Read Blvd East 95
3 Old Aurora 95
4 Village De L’est 90
5 Lake Catherine 105
6 Gentilly Terrace 98
7 Lake Terrace And Oaks 116
8 Holy Cross 91
9 Fillmore 105
10 East Riverside 112
11 Whitney 94
12 Lakeview 124
13 Mcdonogh 92
14 New Aurora-English Turn 104
15 Lake Shore-Lake Vista 126
16 Gentilly Woods 93
17 Read Blvd West 94
18 Saint Anthony 97
19 Florida 83
20 Us Naval Base 92
21 Gert Town 88
22 Saint Bernard Area 89
23 Uptown 132
24 City Park 109
25 Fairgrounds 102
26 Milneburg 97
27 Holly Grove 92
28 Little Woods 97
29 Behrman 90
30 Lower 9th Ward 86
31 Saint Thomas 92
32 West End 102
33 Pontchartrain Park 100
34 Marlyville-Fontainebleau 120
35 Mid-City 100
36 Algeirs Point 111
37 Plum Orchard 91
38 Freret 103
39 East Carollton 124
40 Black Pearl 128
41 Irish Channel 112
42 Central City 91
43 Lower Garden District 120
44 Leonidas 102
45 Broadmoor 110
46 West Lake Forest 91
47 Navarre 114
48 West Riverside 124
49 Desire 77
50 Bywater 106
51 Seventh Ward 93
52 Saint Claude 95
53 Tulane-Gravier 84
54 Viavant-Venetian Isles 84
55 Central Business District 107
56 Milan 100
57 Treme’ Lafitte 91
58 Audubon 154
59 Saint Roch 94
60 Bayou Saint John 108
61 Dixon 85
62 Fischer Dev 86
63 Marigny 119
64 Dillard 92
65 Touro 140
66 Garden District 150
67 Pines Village 93
68 French Quarter 135
About Chris Kolmar

Chris Kolmar has been in the real estate business for almost ten years now. He originally worked for Movoto Real Estate as the director of marketing before founding HomeSnacks.

He believes the key to finding the right place to live comes down to looking at the data, reading about things to do, and, most importantly, checking it out yourself before you move.

If you've been looking for a place to live in the past several years, you've probably stumbled upon his writing already.

You can find out more about him on LinkedIn or his website.