Central Business District, Orleans Parish, LA Housing Trends, Rent, Price-to-Rent

Market Summary

Central Business District, Orleans Parish, LA

Median Home Price Price

$503,735 $503.7K

Median Monthly Rent Rent

$1,209 $1.2K

GRM

35.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Trend Insights

Median Rent in Central Business District, LA is $1,209, with MoM change +$6 and YoY change +$36 pointing to positive momentum while volatility is low (std $7).

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Metric

Base market Central Business District, LA

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Delta vs base

Median rent

$1,209

N/A

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Median price

$503,735

N/A

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YoY change

+$36

N/A

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Price-to-rent

34.7x

Data unavailable

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