New Iberia, LA Rental Market Trends
Last updated: April 12, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in New Iberia is $899, a 7.16% decrease compared to the previous year, when the average rent was $969.
One-bedroom apartments provide 682 square feet for $809, balancing privacy and affordability.
Two-beedroom units at $886 offer 917 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,119 sq ft) for $1,241, suitable for larger households.
Average rent in New Iberia, LA
Last updated: April 12, 2026
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $899 | 887 sq. ft. |
| Studio | n/a | n/a |
| 1 Bed | $809 | 682 sq. ft. |
| 2 Beds | $886 | 917 sq. ft. |
| 3 Beds | $1,241 | 1,119 sq. ft. |
New Iberia, LA rent trends
Rental prices in New Iberia, LA have decreased by 7.16% over the past year. The average rent moved from $969 to $899.
What's the typical rent budget in New Iberia, LA?
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.
Do most people rent or own in New Iberia, LA?
5,524 or 49% of the households in New Iberia, LA are renter-occupied while 5,857 or 51% are owner-occupied.
How New Iberia Compares to Other Cities
| City | Average Rent |
|---|---|
| Baton Rouge | $1,263 |
| New Orleans | $1,385 |
| Lafayette | $1,163 |
| Ruston | $1,674 |
| Shreveport | $1,112 |
| Hammond | $1,301 |
| Lake Charles | $1,191 |
| Bossier City | $1,462 |
| Slidell | $1,346 |
| Youngsville | $1,438 |
| Addis, LA | $1,275 |
| Maurice, LA | $1,529 |
| Abbeville, LA | $817 |
| Breaux Bridge, LA | $957 |
| New Iberia | $899 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all New Iberia apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.