The average monthly rent of apartments in New Iberia, LA is $897.
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Rental prices in New Iberia, LA have decreased by 6.99% over the past year. The average rent moved from $964 to $897.
Compared to the national average rent of $1,741, the average rent in New Iberia, LA is $897.
The average monthly rent of apartments in New Iberia, LA is $897.
About 4% of apartment rents in New Iberia, LA range between $1,501-$2,000. Around 19% of New Iberia’s apartments are in the $1,001-$1,500 price range. 77% of apartments are priced ≤ $1000.
The largest share of rentals in New Iberia, LA (77%) fall between - per month. This suggests that most people succesfully find suitable apartments within this price.
The average rent in New Iberia, LA is $918.
In New Iberia, 49% of the residents are renting compared to 51% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 5% of New Iberia's rentals, 40% are small-scale complexes with under 50 units, and 50% are single-family rentals.
The average age of rental buildings in New Iberia is 37 years old, with 15% being newer apartment buildings completed since 2000. The average height of apartment buildings in the city is 2 stories, of which all are garden-style apartment communities, none are mid-sized buildings, and none are high-rises. These characteristics describe large-scale apartment communities of 50 apartments or more.
Rental apartments in New Iberia come in a range of sizes and floorplans. Studio apartments represent 0% of units for rent, ideal for singles, renters on a budget and people who value central locations more than space. Rentals with 1-bedroom floorplans make up 20% of the total apartments in the city, while 2-bedroom floorplans represent around 55% of all rentals in New Iberia. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.
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