Stayed here last weekend (Jan 27-29 2012). The rate was 225 per night with tax included. For that rate we got a large living room, full kitchen, two bedrooms and a sleeper sofa. Our apartment had a back door directly out to the pool and hot tub.
The location is EXCELLENT. So close to everything. Frenchmen st. is such a fun neighborhood. And if Bourbon st. is more your game it is only a 10-15 min walk.
Overall, SO MUCH better than a hotel. The 2nd floor balcony is great to sit on and have a drink while people watching and listening to the sounds of the street.
It is pretty noisy at night, so if you are trying to 'get away from it all' and plan on going to sleep at 10 pm, do not stay here. Otherwise, if you are planning on doing NOLA right (i.e., staying out until 3 am while enjoying jazz music, food, and beverages) this is the perfect place for a group of friends! Also, would be great for young couples or fun-loving older couples!
Room Tip: We got a renovated room, it was very nice.
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This review is the subjective opinion of a TripAdvisor member and not of TripAdvisor LLC