Orleans Parish

Real Estate in New Orleans, LA

Ready to move to New Orleans , LA? Click below to learn more about recent housing trends, average home values and other real estate insights .

Real Estate Overview

So you want to move to New Orleans , LA, but aren’t sure if you can afford the housing costs? Here’s what you need to know: The median home price in New Orleans is $192,400, while the median rent for a one bedroom apartment is $924 . The median salary in New Orleans , LA, is $36,792, and depending on how yours compares, it should help you determine which housing option is best for you.

Property Values in New Orleans , LA

  $1,000,000 or More 2.3%
  $50k to $99k 11%
  $100k to $149k 17%
  $200k to $299k 18.9%
  $300k to $499k 17.4%
  $500k to $999k 9.2%
  Less than $50k 4.1%

$192400
Median Home Price
in New Orleans , LA

Monthly Rent in New Orleans , LA

Property Tax (with Mortgage) in New Orleans , LA

$1.5k to $2k 22%
$1k to $1.5k 26.8%
$2.5k to $3k 7.4%
$2k to $2.5k 12.9%
Property Tax $3k or more 13.2%
$500 to $999 16.1%

$1612
Median Property Tax
in New Orleans , LA

Property Tax (without Mortgage) in New Orleans , LA

$1k or More 12%
$250 to $399 24.8%
$400 to $599 28.5%
$600 to $799 14.6%
$800 to $999 6.8%
Less than $250 13.3%
Property Tax Less $0.5k 1.6%

$192400
Median Propery Value
in New Orleans , LA

$924
Median Rent
in New Orleans , LA