Rental numbers for the New Orleans, LA metro
The typical home here runs -$655 a month at 7.78% with 25% down, breaking even at about 2.3%. 1 of 37 ZIP codes with full Zillow data in this metro are cash-flow positive; the median gross yield is 6.9%.
- Gross yield
- 7.3%
- typical home, Zillow
- Median ZIP yield
- 6.9%
- 37 ZIPs with full data
- Cash flow
- -$655/mo
- at 7.78%, 25% down
- Typical price
- $261,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $1,598/mo
- Zillow ZORI, Aug 2026
ZIP codes in the metro
72 with published figures
| 70041Buras | $114,000 | $1,750* | 18.4% | 11.6% | +$488 | n/a |
| 70083Port Sulphur | $139,000 | $1,750* | 15.2% | 9.4% | +$337 | n/a |
| 70126New Orleans | $152,000 | $1,540 | 12.2% | 6.7% | +$25 | -1.7% |
| 70723Convent | $130,000 | $1,240* | 11.5% | 5.7% | -$83 | n/a |
| 70040Braithwaite | $190,000 | $1,650* | 10.4% | 5.8% | -$100 | n/a |
| 70114New Orleans | $165,000 | $1,418 | 10.3% | 5.2% | -$169 | +0.9% |
| 70094Westwego | $185,000 | $1,572 | 10.2% | 5.5% | -$145 | n/a |
| 70460Slidell | $193,000 | $1,644 | 10.2% | 5.5% | -$156 | +4.1% |
| 70129New Orleans | $158,000 | $1,340* | 10.2% | 5.0% | -$190 | n/a |
| 70117New Orleans | $174,000 | $1,464 | 10.1% | 5.1% | -$206 | +1.7% |
| 70127New Orleans | $164,000 | $1,364 | 10.0% | 5.0% | -$204 | n/a |
| 70068La Place | $215,000 | $1,714 | 9.6% | 5.2% | -$225 | -1.2% |
| 70084Reserve | $169,000 | $1,340* | 9.5% | 4.8% | -$242 | n/a |
| 70030Des Allemands | $233,000 | $1,780* | 9.2% | 5.1% | -$273 | n/a |
| 70092Violet | $176,000 | $1,340* | 9.1% | 4.6% | -$269 | n/a |
| 70085Saint Bernard | $182,000 | $1,340* | 8.9% | 4.3% | -$334 | n/a |
| 70072Marrero | $228,000 | $1,647 | 8.7% | 4.5% | -$368 | -5.2% |
| 70128New Orleans | $176,000 | $1,271 | 8.7% | 3.8% | -$389 | n/a |
| 70122New Orleans | $220,000 | $1,512 | 8.3% | 3.9% | -$468 | -0.7% |
| 70090Vacherie | $198,000 | $1,340* | 8.1% | 3.8% | -$449 | n/a |
| 70458Slidell | $219,000 | $1,465 | 8.0% | 3.6% | -$514 | +2.1% |
| 70113New Orleans | $230,000 | $1,527 | 8.0% | 3.6% | -$554 | +2.1% |
| 70056Gretna | $253,000 | $1,631 | 7.7% | 3.8% | -$561 | -0.9% |
| 70080Paradis | $213,000 | $1,360* | 7.7% | 3.4% | -$539 | n/a |
| 70039Boutte | $210,000 | $1,340* | 7.7% | 2.9% | -$617 | n/a |
| 70043Chalmette | $219,000 | $1,380 | 7.6% | 3.5% | -$543 | +4.6% |
| 70131New Orleans | $213,000 | $1,340* | 7.6% | 3.1% | -$595 | n/a |
| 70079Norco | $218,000 | $1,350* | 7.4% | 3.4% | -$563 | n/a |
| 70053Gretna | $216,000 | $1,340* | 7.4% | 3.2% | -$582 | n/a |
| 70067Belle Chasse | $218,000 | $1,340* | 7.4% | 3.2% | -$595 | n/a |
| 70062Kenner | $238,000 | $1,454 | 7.3% | 3.5% | -$587 | n/a |
| 70445Lacombe | $220,000 | $1,340* | 7.3% | 3.0% | -$637 | n/a |
| 70032Arabi | $227,000 | $1,340* | 7.1% | 3.2% | -$611 | n/a |
| 70125New Orleans | $287,000 | $1,697 | 7.1% | 3.0% | -$825 | +1.8% |
| 70003Metairie | $279,000 | $1,639 | 7.1% | 3.4% | -$721 | -1.0% |
| 70121Jefferson | $262,000 | $1,525 | 7.0% | 3.3% | -$698 | +6.7% |
| 70070Luling | $288,000 | $1,660* | 6.9% | 3.2% | -$789 | n/a |
| 70448Mandeville | $339,000 | $1,946 | 6.9% | 3.2% | -$918 | +2.1% |
| 70087Saint Rose | $234,000 | $1,340* | 6.9% | 2.6% | -$754 | n/a |
| 70452Pearl River | $235,000 | $1,340* | 6.8% | 2.7% | -$741 | n/a |
| 70358Grand Isle | $262,000 | $1,480* | 6.8% | 2.8% | -$803 | n/a |
| 70031Ama | $237,000 | $1,340* | 6.8% | 2.9% | -$711 | n/a |
| 70071Lutcher | $174,000 | $970* | 6.7% | 2.2% | -$617 | n/a |
| 70075Meraux | $242,000 | $1,340* | 6.7% | 2.8% | -$740 | n/a |
| 70037Belle Chasse | $333,000 | $1,830* | 6.6% | 3.2% | -$897 | n/a |
| 70461Slidell | $269,000 | $1,471 | 6.6% | 2.7% | -$850 | +1.0% |
| 70431Bush | $294,000 | $1,600* | 6.5% | 2.9% | -$867 | n/a |
| 70086Saint James | $162,000 | $880* | 6.5% | 1.7% | -$638 | n/a |
| 70119New Orleans | $292,000 | $1,583 | 6.5% | 2.5% | -$958 | +1.3% |
| 70052Gramercy | $209,000 | $1,130* | 6.5% | 2.2% | -$735 | n/a |
| 70065Kenner | $284,000 | $1,523 | 6.4% | 3.0% | -$829 | -0.6% |
| 70116New Orleans | $311,000 | $1,663 | 6.4% | 2.7% | -$975 | +3.7% |
| 70447Madisonville | $376,000 | $2,000* | 6.4% | 2.8% | -$1,144 | n/a |
| 70058Harvey | $234,000 | $1,239 | 6.3% | 2.6% | -$755 | +2.6% |
| 70006Metairie | $349,000 | $1,836 | 6.3% | 3.0% | -$1,018 | n/a |
| 70057Hahnville | $267,000 | $1,340* | 6.0% | 2.4% | -$904 | n/a |
| 70112New Orleans | $328,000 | $1,649 | 6.0% | 1.8% | -$1,268 | +0.2% |
| 70118New Orleans | $357,000 | $1,729 | 5.8% | 2.0% | -$1,319 | +3.8% |
| 70047Destrehan | $299,000 | $1,444 | 5.8% | 2.2% | -$1,052 | n/a |
| 70420Abita Springs | $281,000 | $1,340* | 5.7% | 2.1% | -$1,035 | n/a |
| 70001Metairie | $322,000 | $1,522 | 5.7% | 2.3% | -$1,120 | +0.4% |
| 70123River Ridge | $342,000 | $1,555 | 5.5% | 2.2% | -$1,223 | +1.8% |
| 70437Folsom | $305,000 | $1,340* | 5.3% | 2.0% | -$1,142 | n/a |
| 70435Covington | $306,000 | $1,340* | 5.3% | 1.7% | -$1,228 | n/a |
| 70433Covington | $341,000 | $1,491 | 5.2% | 1.8% | -$1,330 | +1.7% |
| 70005Metairie | $425,000 | $1,775 | 5.0% | 1.9% | -$1,600 | +3.5% |
| 70130New Orleans | $439,000 | $1,789 | 4.9% | 1.4% | -$1,839 | -0.4% |
| 70124New Orleans | $503,000 | $1,971 | 4.7% | 1.4% | -$2,143 | +0.3% |
| 70002Metairie | $358,000 | $1,270 | 4.3% | 1.0% | -$1,617 | -1.3% |
| 70471Mandeville | $402,000 | $1,379 | 4.1% | 0.9% | -$1,872 | +5.1% |
| 70115New Orleans | $526,000 | $1,689 | 3.9% | 0.8% | -$2,489 | +2.5% |
| 70763Paulina | $314,000 | $880* | 3.4% | 0.3% | -$1,622 | n/a |
* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.
Trends
Five years to August 2026
- Price, 12 months
- +2.1%
- Rent, 12 months
- +1.4%
- Rent minus price growth
- -0.7 pts
- Property tax
- 0.57%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value | Rent |
|---|---|---|
| Aug 2021 | $278,954 | $1,354 |
| Aug 2022 | $295,842 | $1,490 |
| Aug 2023 | $272,568 | $1,518 |
| Aug 2024 | $257,726 | $1,553 |
| Aug 2025 | $255,622 | $1,576 |
| Aug 2026 | $261,002 | $1,598 |
Counties
- Jefferson Parish, LA6.4% median yield
- St. Charles Parish, LA5.8% median yield
- St. Bernard Parish, LA7.6% median yield
- Plaquemines Parish, LAn/a median yield
- St. James Parish, LAn/a median yield
- St. John the Baptist Parish, LA9.6% median yield
- Orleans Parish, LA7.1% median yield
- St. Tammany Parish, LA6.7% median yield
Tools
Questions
- Is the New Orleans, LA metro good for rental property?
- The typical home here runs -$655 a month at 7.78% with 25% down, breaking even at about 2.3%. 1 of 37 ZIP codes with full Zillow data in this metro are cash-flow positive; the median gross yield is 6.9%. Figures assume a typical home, 7.78% with 25% down and the default costs on the methodology page.
- Which ZIP codes in the New Orleans, LA metro have the highest rental yield?
- 70126 (New Orleans) at 12.2%, 70114 (New Orleans) at 10.3%, 70094 (Westwego) at 10.2%, on Zillow value and rent. The full table above sorts by any column.
Sources and method
- Zillow Home Value Index (ZHVI), mid tier, smoothed and seasonally adjusted
Zillow Research. Read: 2026-08.
Typical home value by ZIP, county, metro and state, and the price trend.
- Zillow Observed Rent Index (ZORI), all homes plus multifamily, smoothed
Zillow Research. Read: 2026-08.
Typical market rent by ZIP, county and metro, and the rent trend (tier A pages).
- HUD Small Area Fair Market Rents, FY2026
US Department of Housing and Urban Development. Read: FY2026.
Rent by bedroom count for every ZIP. The rent used on tier B pages, and a reference on all pages. It is the 40th percentile gross rent, so it runs below market.
- American Community Survey 5-year estimates, 2020 to 2024 (B25103 median real estate taxes paid, B25077 median home value, B11001 households)
US Census Bureau. Read: 2020 to 2024.
Effective property tax rate (median taxes paid divided by median value) by ZIP code tabulation area, county and state; households for the permits ratio.
- Freddie Mac Primary Mortgage Market Survey, 30-year fixed (FRED series MORTGAGE30US)
Freddie Mac via the Federal Reserve Bank of St. Louis. Read: 2026-09-24.
The weekly 30-year rate. The site adds a disclosed investor premium to it for the loan payment.
Data: Zillow Research (ZHVI, ZORI), HUD, US Census Bureau, Freddie Mac. Every formula is on the methodology page.
Estimates from public data for a typical property. Not investment, tax or legal advice. Your property, financing and costs will differ.