Lower 9th Ward, Orleans Parish, LA Housing Trends, Rent, Price-to-Rent

Market Summary

Lower 9th Ward, Orleans Parish, LA

Median Home Price Price

$120,951 $121K

Median Monthly Rent Rent

$1,318 $1.3K

GRM

8.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Trend Insights

Median Rent in Lower 9th Ward, LA is $1,318, with MoM change +$15 and YoY change +$73 pointing to positive momentum while volatility is low (std $15).

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Metric

Base market Lower 9th Ward, LA

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Delta vs base

Median rent

$1,318

N/A

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Median price

$120,951

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YoY change

+$73

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Price-to-rent

7.6x

Data unavailable

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