New Orleans, Orleans Parish, LA Housing Trends, Rent, Price-to-Rent

Market Summary

New Orleans, Orleans Parish, LA

Median Home Price Price

$240,274 $240.3K

Median Monthly Rent Rent

$1,354 $1.4K

GRM

15.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Trend Insights

Median Rent in New Orleans, LA is $1,354, with MoM change +$12 and YoY change +$33 pointing to positive momentum while volatility is low (std $10).

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Metric

Base market New Orleans, LA

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Delta vs base

Median rent

$1,354

N/A

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Median price

$240,274

N/A

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YoY change

+$33

N/A

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Price-to-rent

14.8x

Data unavailable

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