All Countries
New Orleans, LA
Full City Profile · Louisiana · Orleans Parish County
3.0
/5.0
B
Good
376,035
Population
2,219/sq mi density
$55,339
Median Income
$39,698 per capita
$296,400
Home Value
$239,751 Zillow
$1,211
Median Rent
35.4% income on rent
72°F
Avg Temperature
323 sunny days/yr
1,145
Violent Crime/100K
5,293 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.1 / 5.0
$55,339 median income, 4.8% unemployment
B+
Affordability
3.7 / 5.0
$296,400 home value, $1,211/mo rent
F
Safety
1.0 / 5.0
1,145 violent crimes/100K (201% above avg)
A
Education
4.4 / 5.0
42.0% bachelor's degree or higher
Housing Overview
Median Home Value
$296,400
5% above
US avg: $281,900
Median Rent
$1,211/mo
4% above
US avg: $1,163/mo
Homeownership Rate
50.5%
23% below US avg (65.4%)
Total Housing Units
193,999
Median year built: 1958
Home Value by Source
Census Median
$296,400
Zillow (ZHVI)
$239,751
Median Sale Price
$315,000
Median List Price
$355,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
50.5%
Owner-Occupied
49.5%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$763/mo
1 Bedroom
$832/mo
2 Bedroom
$1,007/mo
3 Bedroom
$1,298/mo
4 Bedroom
$1,508/mo
Census median rent:
$1,211/mo
· Zillow rent:
$1,625/mo
Market Indicators (Redfin)
Median Days on Market
115 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
189
Price Drops
20.5%
of listings with price reduction
Price Per Sq Ft
$182
Active Inventory
2,140
homes for sale
Affordability & Housing Stock
Rent Burden
35.4%
of renters spending 30%+ of income on housing
14% above US avg (31.0%)
Median Year Built
1958
Average age of housing stock: 68 years
Homeownership Rate
50.5%
Complete Housing Data
Home Values
| Census Median Value | $296,400 |
| Zillow Home Value (ZHVI) | $239,751 |
| Median Sale Price | $315,000 |
| Median List Price | $355,000 |
| Price Per Sq Ft | $182 |
Rent
| Census Median Rent | $1,211 |
| Zillow Rent (ZORI) | $1,625 |
| FMR Studio | $763 |
| FMR 1-Bedroom | $832 |
| FMR 2-Bedroom | $1,007 |
| FMR 3-Bedroom | $1,298 |
| FMR 4-Bedroom | $1,508 |
Market
| Days on Market | 115 |
| Sale-to-List Ratio | 0.9% |
| Price Drops | 20.5% |
| Homes Sold | 189 |
| Active Inventory | 2,140 |
| Price Per Sq Ft | $182 |
Ownership & Stock
| Owner-Occupied | 50.5% |
| Renter-Occupied | 49.5% |
| Homeownership Rate | 50.5% |
| Total Housing Units | 193,999 |
| Median Year Built | 1958 |
| Rent Burden | 35.4% |