New Orleans, LA

Metro area in Louisiana · Updated Jan 2026

12-Month Forecast ↓ -4.1%

Median Home Value

$252,746

↑ +0.8%

Year-over-year

Median Rent

$1,568/mo

↑ +0.4%

Year-over-year

Rental Yield

7.4%

Excellent for investors

5-Year Appreciation

-1.7%

Income Needed to Buy

$81,719

20% down, 30% DTI max

Active Listings

5,878

For-sale inventory

Price-to-Rent Ratio

13.4

Favors buying

Price Forecast

1 Month

↑ +0.1%

12 Months

↓ -4.1%

5-Year Price Trend

Calculate your mortgage for New Orleans, LA

See monthly payments for a $252,746 home →

Should you rent or buy in New Orleans, LA?

Price-to-rent ratio: 13.4x — Buying likely wins. Run a full breakeven analysis with New Orleans, LA numbers pre-filled →

Frequently Asked Questions