The 10 Cheapest New Orleans, LA Neighborhoods To Live In For 2022


We used science and data to determine which neighborhoods in New Orleans are the cheapest of the cheap.

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Everything else equal, I think 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.

So 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 find out which neighborhoods in New Orleans are the cheapest.

What's the cheapest neighborhood to live in New Orleans for 2022? According to the most recent census data, Read Blvd East looks to be the cheaptest 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 in return 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.

Once you're done, you can look at the bottom of the story for a complete chart of every neighborhood we looked at from cheapest to most expensive.

For more Louisiana reading, check out:

The 10 Cheapest Neighborhoods To Live In New Orleans For 2022

Overall SnackAbility

8
/10

Population: 8,886
Cost Of Living Index: 93 (23rd cheapest)
Home Value To Income Ratio: 3.3 (9th cheapest)
Rent To Income Ratio: 0.005 (3rd cheapest)
More on Read Blvd East: Homes For Sale | Data

Overall SnackAbility

7
/10

Population: 14,493
Cost Of Living Index: 93 (23rd cheapest)
Home Value To Income Ratio: 2.6 (2nd cheapest)
Rent To Income Ratio: 0.015 (11th cheapest)
More on Tall Timbers-Brechtel: Homes For Sale | Data

Overall SnackAbility

1
/10

Population: 2,629
Cost Of Living Index: 74 (cheapest)
Home Value To Income Ratio: 1.6 (cheapest)
Rent To Income Ratio: 0.024 (39th cheapest)
More on Desire: Homes For Sale | Data

Overall SnackAbility

8
/10

Population: 18,186
Cost Of Living Index: 95 (30th cheapest)
Home Value To Income Ratio: 2.6 (3rd cheapest)
Rent To Income Ratio: 0.015 (10th cheapest)
More on Old Aurora: Homes For Sale | Data

Overall SnackAbility

4
/10

Population: 3,636
Cost Of Living Index: 88 (8th cheapest)
Home Value To Income Ratio: 4.0 (22nd cheapest)
Rent To Income Ratio: 0.017 (16th cheapest)
More on Lower 9th Ward: Homes For Sale | Data

Overall SnackAbility

6
/10

Population: 5,134
Cost Of Living Index: 90 (12th cheapest)
Home Value To Income Ratio: 3.9 (18th cheapest)
Rent To Income Ratio: 0.017 (18th cheapest)
More on Dillard: Homes For Sale | Data

Overall SnackAbility

/10

Population: 677
Cost Of Living Index: 103 (42nd cheapest)
Home Value To Income Ratio: 3.7 (14th cheapest)
Rent To Income Ratio: 0.0 (cheapest)
More on Lake Catherine: Homes For Sale | Data

Overall SnackAbility

8
/10

Population: 6,495
Cost Of Living Index: 105 (44th cheapest)
Home Value To Income Ratio: 3.3 (8th cheapest)
Rent To Income Ratio: 0.007 (7th cheapest)
More on New Aurora-English Turn: Homes For Sale | Data

Overall SnackAbility

5
/10

Population: 9,068
Cost Of Living Index: 92 (18th cheapest)
Home Value To Income Ratio: 2.8 (5th cheapest)
Rent To Income Ratio: 0.024 (40th cheapest)
More on Village De L'est: Homes For Sale | Data

Overall SnackAbility

9
/10

Population: 1,435
Cost Of Living Index: 115 (55th cheapest)
Home Value To Income Ratio: 3.3 (7th cheapest)
Rent To Income Ratio: 0.002 (2nd cheapest)
More on Lake Terrace And Oaks: Homes For Sale | Data

Methodology: How We Determined The Cheapest New Orleans Hoods In 2022

In order to rank the cheapest places to live in New Orleans, we had to determine what criteria defines "cheap".

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 69 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, Read Blvd East.

Read on below to learn more about what it's like to live in the cheapest places New Orleans. Or 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.

As we mentioned earlier, the neighborhoods in New Orleans aren't all cheap. Black Pearl takes the title of the most expensive neighborhood to live in New Orleans.

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 2022

Rank Neighborhood Cost Of Living Index
1 Read Blvd East 93
2 Tall Timbers-Brechtel 93
3 Desire 74
4 Old Aurora 95
5 Lower 9th Ward 88
6 Dillard 90
7 Lake Catherine 103
8 New Aurora-English Turn 105
9 Village De L'est 92
10 Lake Terrace And Oaks 115
11 Gentilly Woods 93
12 Holy Cross 92
13 Florida 80
14 Fillmore 105
15 West End 99
16 Tulane-Gravier 81
17 Behrman 88
18 Fischer Dev 86
19 Lakewood 130
20 Lake Shore-Lake Vista 125
21 Gentilly Terrace 98
22 Milneburg 97
23 Central Business District 108
24 Us Naval Base 93
25 Dixon 85
26 Fairgrounds 100
27 Saint Anthony 94
28 Lakeview 126
29 Algeirs Point 112
30 Read Blvd West 94
31 Garden District 149
32 Marlyville-Fontainebleau 119
33 Saint Bernard Area 87
34 Mcdonogh 94
35 Navarre 112
36 Viavant-Venetian Isles 85
37 West Lake Forest 93
38 Gert Town 89
39 Treme' Lafitte 90
40 Central City 92
41 Saint Thomas 92
42 City Park 107
43 Holly Grove 90
44 Lower Garden District 118
45 Plum Orchard 90
46 Pontchartrain Park 101
47 Whitney 95
48 Milan 101
49 Bywater 107
50 East Riverside 111
51 Irish Channel 111
52 Freret 103
53 Broadmoor 107
54 Audubon 151
55 Little Woods 98
56 Pines Village 92
57 Uptown 133
58 Mid-City 101
59 Seventh Ward 92
60 Saint Claude 96
61 Leonidas 99
62 East Carollton 125
63 Bayou Saint John 109
64 Saint Roch 95
65 French Quarter 133
66 Marigny 119
67 Touro 140
68 West Riverside 122
69 Black Pearl 129

Editor's Note: We updated this article for 2022. This is our third time ranking the cheapest neighborhoods to live in New Orleans.

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.