Rental markets / New Orleans

New Orleans fair market rents

Explore rent benchmarks by bedroom and ZIP, compare local rental households, then test a property using your own costs.

Area or ZIP code

Bedrooms

Rent schedule

3-bedroom gross-rent benchmark

$1,701 / month

Not comparable from FY2025.

FY2026 · effective Oct 1, 2025

Includes tenant-paid utilities. A benchmark, not an approved rent or property-specific estimate.

Published rent benchmarks

FY2025

$1,889

FY2026

$1,701

FY2027

$1,900

Published schedules for the selected bedroom count. Benchmark changes are not a forecast.

New Orleans-Metairie, LA HUD Metro FMR Area · Monthly gross rents
Bedroom count	FY2025	FY2026 · current	FY2027 · upcoming
Studio	$1,071	$964	$1,096
1 bedroom	$1,236	$1,113	$1,229
2 bedrooms	$1,478	$1,331	$1,480
3 bedrooms	$1,889	$1,701	$1,900
4 bedrooms	$2,217	$1,996	$2,233

FY2025 included St. Tammany Parish; FY2026 onward excludes it.

FY2026 HUD area coverage: Jefferson Parish, LA; Orleans Parish, LA; Plaquemines Parish, LA; St. Bernard Parish, LA; St. Charles Parish, LA; St. John the Baptist Parish, LA. ZIP schedules may cover portions of this area.

Compare rents by ZIP code

Monthly HUD gross-rent benchmarks, including tenant-paid utilities. Choose 2–4 ZIPs to compare.

Find a ZIP code

Rent schedule

128 ZIP codes across published schedules

ZIP rent table

FY2026 monthly gross rents by ZIP. Missing observations are unavailable.
ZIP	Studio	1 bedroom	2 bedrooms	3 bedrooms	4 bedrooms
70001	$1,020	$1,160	$1,390	$1,770	$2,100
70002	$970	$1,120	$1,340	$1,710	$2,000
70003	$970	$1,120	$1,340	$1,710	$2,000
70004	$970	$1,120	$1,340	$1,710	$2,000
70005	$970	$1,120	$1,340	$1,710	$2,000
70006	$970	$1,120	$1,340	$1,710	$2,000
70009	$970	$1,120	$1,340	$1,710	$2,000
70010	$970	$1,120	$1,340	$1,710	$2,000
70011	$970	$1,120	$1,340	$1,710	$2,000
70030	$1,310	$1,480	$1,780	$2,260	$2,670
70031	$970	$1,120	$1,340	$1,710	$2,000
70032	$970	$1,120	$1,340	$1,710	$2,000
70033	$970	$1,120	$1,340	$1,710	$2,000
70036	$970	$1,120	$1,340	$1,710	$2,000
70037	$1,350	$1,520	$1,830	$2,330	$2,770
70038	$1,290	$1,460	$1,750	$2,230	$2,650
70039	$980	$1,120	$1,340	$1,710	$2,010
70040	$1,220	$1,370	$1,650	$2,100	$2,500
70041	$1,290	$1,460	$1,750	$2,230	$2,650
70043	$970	$1,120	$1,340	$1,710	$2,000
70044	$970	$1,120	$1,340	$1,710	$2,000
70047	$990	$1,140	$1,360	$1,740	$2,050
70049	$970	$1,120	$1,340	$1,710	$2,000
70050	$1,290	$1,460	$1,750	$2,230	$2,650
70051	$970	$1,120	$1,340	$1,710	$2,000
70053	$970	$1,120	$1,340	$1,710	$2,000
70054	$970	$1,120	$1,340	$1,710	$2,000
70055	$970	$1,120	$1,340	$1,710	$2,000
70056	$970	$1,120	$1,340	$1,710	$2,000
70057	$970	$1,120	$1,340	$1,710	$2,000
70058	$990	$1,130	$1,350	$1,720	$2,040
70059	$970	$1,120	$1,340	$1,710	$2,000
70062	$970	$1,120	$1,340	$1,710	$2,000
70063	$970	$1,120	$1,340	$1,710	$2,000
70064	$970	$1,120	$1,340	$1,710	$2,000
70065	$970	$1,120	$1,340	$1,710	$2,000
70067	$970	$1,120	$1,340	$1,710	$2,000
70068	$970	$1,120	$1,340	$1,710	$2,000
70069	$970	$1,120	$1,340	$1,710	$2,000
70070	$1,220	$1,380	$1,660	$2,110	$2,510
70072	$970	$1,120	$1,340	$1,710	$2,000
70073	$970	$1,120	$1,340	$1,710	$2,000
70075	$970	$1,120	$1,340	$1,710	$2,000
70076	$970	$1,120	$1,340	$1,710	$2,000
70078	$970	$1,120	$1,340	$1,710	$2,000
70079	$980	$1,130	$1,350	$1,710	$2,020
70080	$1,000	$1,130	$1,360	$1,730	$2,050
70082	$1,290	$1,460	$1,750	$2,230	$2,650
70083	$1,290	$1,460	$1,750	$2,230	$2,650
70084	$970	$1,120	$1,340	$1,710	$2,000
70085	$970	$1,120	$1,340	$1,710	$2,000
70087	$970	$1,120	$1,340	$1,710	$2,000
70090	$970	$1,120	$1,340	$1,710	$2,000
70091	$1,290	$1,460	$1,750	$2,230	$2,650
70092	$980	$1,120	$1,340	$1,710	$2,010
70094	$970	$1,120	$1,340	$1,710	$2,000
70096	$970	$1,120	$1,340	$1,710	$2,000
70112	$970	$1,120	$1,340	$1,710	$2,000
70113	$970	$1,120	$1,340	$1,710	$2,000
70114	$970	$1,120	$1,340	$1,710	$2,000
70115	$1,270	$1,430	$1,720	$2,190	$2,600
70116	$1,160	$1,310	$1,570	$2,000	$2,370
70117	$970	$1,120	$1,340	$1,710	$2,000
70118	$1,020	$1,160	$1,390	$1,770	$2,100
70119	$1,110	$1,260	$1,510	$1,920	$2,280
70121	$970	$1,120	$1,340	$1,710	$2,000
70122	$1,020	$1,150	$1,380	$1,750	$2,090
70123	$1,200	$1,390	$1,660	$2,120	$2,490
70124	$1,420	$1,610	$1,930	$2,450	$2,920
70125	$1,100	$1,240	$1,490	$1,890	$2,250
70126	$970	$1,120	$1,340	$1,710	$2,000
70127	$970	$1,120	$1,340	$1,710	$2,000
70128	$1,010	$1,160	$1,380	$1,770	$2,070
70129	$970	$1,120	$1,340	$1,710	$2,000
70130	$1,470	$1,680	$2,000	$2,560	$3,020
70131	$970	$1,120	$1,340	$1,710	$2,000
70139	$1,010	$1,140	$1,370	$1,740	$2,070
70145	$1,010	$1,140	$1,370	$1,740	$2,070
70146	$1,010	$1,140	$1,370	$1,740	$2,070
70148	$970	$1,120	$1,340	$1,710	$2,000
70150	$1,010	$1,140	$1,370	$1,740	$2,070
70151	$1,010	$1,140	$1,370	$1,740	$2,070
70152	$1,010	$1,140	$1,370	$1,740	$2,070
70153	$1,010	$1,140	$1,370	$1,740	$2,070
70156	$1,010	$1,140	$1,370	$1,740	$2,070
70157	$1,010	$1,140	$1,370	$1,740	$2,070
70158	$1,010	$1,140	$1,370	$1,740	$2,070
70163	$1,010	$1,140	$1,370	$1,740	$2,070
70170	$1,010	$1,140	$1,370	$1,740	$2,070
70172	$1,010	$1,140	$1,370	$1,740	$2,070
70174	$1,010	$1,140	$1,370	$1,740	$2,070
70175	$1,010	$1,140	$1,370	$1,740	$2,070
70176	$1,010	$1,140	$1,370	$1,740	$2,070
70177	$1,010	$1,140	$1,370	$1,740	$2,070
70178	$1,010	$1,140	$1,370	$1,740	$2,070
70179	$1,010	$1,140	$1,370	$1,740	$2,070
70181	$970	$1,120	$1,340	$1,710	$2,000
70182	$1,010	$1,140	$1,370	$1,740	$2,070
70183	$970	$1,120	$1,340	$1,710	$2,000
70184	$1,010	$1,140	$1,370	$1,740	$2,070
70185	$1,010	$1,140	$1,370	$1,740	$2,070
70186	$1,010	$1,140	$1,370	$1,740	$2,070
70187	$1,010	$1,140	$1,370	$1,740	$2,070
70189	$1,010	$1,140	$1,370	$1,740	$2,070
70190	$1,010	$1,140	$1,370	$1,740	$2,070
70358	$1,080	$1,240	$1,480	$1,890	$2,220
70420	Not available	Not available	Not available	Not available	Not available
70427	Not available	Not available	Not available	Not available	Not available
70431	Not available	Not available	Not available	Not available	Not available
70433	Not available	Not available	Not available	Not available	Not available
70434	Not available	Not available	Not available	Not available	Not available
70435	Not available	Not available	Not available	Not available	Not available
70437	Not available	Not available	Not available	Not available	Not available
70438	Not available	Not available	Not available	Not available	Not available
70445	Not available	Not available	Not available	Not available	Not available
70447	Not available	Not available	Not available	Not available	Not available
70448	Not available	Not available	Not available	Not available	Not available
70452	Not available	Not available	Not available	Not available	Not available
70457	Not available	Not available	Not available	Not available	Not available
70458	Not available	Not available	Not available	Not available	Not available
70459	Not available	Not available	Not available	Not available	Not available
70460	Not available	Not available	Not available	Not available	Not available
70461	Not available	Not available	Not available	Not available	Not available
70463	Not available	Not available	Not available	Not available	Not available
70464	Not available	Not available	Not available	Not available	Not available
70469	Not available	Not available	Not available	Not available	Not available
70470	Not available	Not available	Not available	Not available	Not available
70471	Not available	Not available	Not available	Not available	Not available

Choose up to four ZIPs.

Local rental households

2020–2024 ACS 5-year. County figures describe the named county, not the entire HUD rental area. County choices follow the current HUD area.

County or county-equivalent

Jefferson Parish, Louisiana

Rental households

Rental households: 66,146
Share of occupied homes rented: 37.4%

Rent burden

Spend 30%+ of income on rent: 54.4%
Spend 50%+ of income on rent: 30.5%

Among renter households with a calculated rent-to-income ratio.

Rental housing types

Single-unit homes: 30.1%
Buildings with 2–4 units: 22.7%
Buildings with 5+ units: 45.4%
Other rental homes: 1.8%

Estimates & uncertainty

Jefferson Parish, Louisiana · 2020–2024 ACS 5-year · 90% margins of error
Measure	Estimate	Margin of error
Rental households	66,146	±2,083
Share of occupied homes rented	37.4%	±1.2 percentage points
Spend 30%+ of income on rent	54.4%	±2.5 percentage points
Spend 50%+ of income on rent	30.5%	±2.1 percentage points
Single-unit homes	30.1%	±1.8 percentage points
Buildings with 2–4 units	22.7%	±2.0 percentage points
Buildings with 5+ units	45.4%	±2.6 percentage points
Other rental homes	1.8%	±0.6 percentage points

Sampling estimates, not exact counts. Margins of error for derived percentages follow Census guidance. Small differences may not be meaningful.

Orleans Parish, Louisiana

Rental households

Rental households: 76,077
Share of occupied homes rented: 48.8%

Rent burden

Spend 30%+ of income on rent: 59.8%
Spend 50%+ of income on rent: 35.4%

Among renter households with a calculated rent-to-income ratio.

Rental housing types

Single-unit homes: 35.0%
Buildings with 2–4 units: 31.4%
Buildings with 5+ units: 33.1%
Other rental homes: 0.5%

Estimates & uncertainty

Orleans Parish, Louisiana · 2020–2024 ACS 5-year · 90% margins of error
Measure	Estimate	Margin of error
Rental households	76,077	±1,520
Share of occupied homes rented	48.8%	±0.9 percentage points
Spend 30%+ of income on rent	59.8%	±2.0 percentage points
Spend 50%+ of income on rent	35.4%	±1.7 percentage points
Single-unit homes	35.0%	±1.7 percentage points
Buildings with 2–4 units	31.4%	±1.4 percentage points
Buildings with 5+ units	33.1%	±1.8 percentage points
Other rental homes	0.5%	±0.2 percentage points

Sampling estimates, not exact counts. Margins of error for derived percentages follow Census guidance. Small differences may not be meaningful.

Plaquemines Parish, Louisiana

Rental households

Rental households: 1,989
Share of occupied homes rented: 24.2%

Rent burden

Spend 30%+ of income on rent: 54.3%
Spend 50%+ of income on rent: 29.2%

Among renter households with a calculated rent-to-income ratio.

Rental housing types

Single-unit homes: 57.6%
Buildings with 2–4 units: 23.2%
Buildings with 5+ units: 5.3%
Other rental homes: 13.9%

Estimates & uncertainty

Plaquemines Parish, Louisiana · 2020–2024 ACS 5-year · 90% margins of error
Measure	Estimate	Margin of error
Rental households	1,989	±373
Share of occupied homes rented	24.2%	±4.5 percentage points
Spend 30%+ of income on rent	54.3%	±10.9 percentage points
Spend 50%+ of income on rent	29.2%	±12.4 percentage points
Single-unit homes	57.6%	±10.4 percentage points
Buildings with 2–4 units	23.2%	±9.2 percentage points
Buildings with 5+ units	5.3%	±4.4 percentage points
Other rental homes	13.9%	±5.6 percentage points

Sampling estimates, not exact counts. Margins of error for derived percentages follow Census guidance. Small differences may not be meaningful.

St. Bernard Parish, Louisiana

Rental households

Rental households: 4,842
Share of occupied homes rented: 29.9%

Rent burden

Spend 30%+ of income on rent: 60.2%
Spend 50%+ of income on rent: 32.5%

Among renter households with a calculated rent-to-income ratio.

Rental housing types

Single-unit homes: 51.2%
Buildings with 2–4 units: 24.3%
Buildings with 5+ units: 16.5%
Other rental homes: 8.0%

Estimates & uncertainty

St. Bernard Parish, Louisiana · 2020–2024 ACS 5-year · 90% margins of error
Measure	Estimate	Margin of error
Rental households	4,842	±362
Share of occupied homes rented	29.9%	±2.2 percentage points
Spend 30%+ of income on rent	60.2%	±6.0 percentage points
Spend 50%+ of income on rent	32.5%	±4.9 percentage points
Single-unit homes	51.2%	±5.2 percentage points
Buildings with 2–4 units	24.3%	±4.7 percentage points
Buildings with 5+ units	16.5%	±4.2 percentage points
Other rental homes	8.0%	±2.7 percentage points

Sampling estimates, not exact counts. Margins of error for derived percentages follow Census guidance. Small differences may not be meaningful.

St. Charles Parish, Louisiana

Rental households

Rental households: 3,340
Share of occupied homes rented: 17.9%

Rent burden

Spend 30%+ of income on rent: 65.6%
Spend 50%+ of income on rent: 44.0%

Among renter households with a calculated rent-to-income ratio.

Rental housing types

Single-unit homes: 40.7%
Buildings with 2–4 units: 29.1%
Buildings with 5+ units: 19.0%
Other rental homes: 11.3%

Estimates & uncertainty

St. Charles Parish, Louisiana · 2020–2024 ACS 5-year · 90% margins of error
Measure	Estimate	Margin of error
Rental households	3,340	±482
Share of occupied homes rented	17.9%	±2.6 percentage points
Spend 30%+ of income on rent	65.6%	±10.4 percentage points
Spend 50%+ of income on rent	44.0%	±11.5 percentage points
Single-unit homes	40.7%	±7.8 percentage points
Buildings with 2–4 units	29.1%	±6.6 percentage points
Buildings with 5+ units	19.0%	±8.4 percentage points
Other rental homes	11.3%	±5.4 percentage points

Sampling estimates, not exact counts. Margins of error for derived percentages follow Census guidance. Small differences may not be meaningful.

St. John the Baptist Parish, Louisiana

Rental households

Rental households: 3,415
Share of occupied homes rented: 22.5%

Rent burden

Spend 30%+ of income on rent: 54.4%
Spend 50%+ of income on rent: 28.7%

Among renter households with a calculated rent-to-income ratio.

Rental housing types

Single-unit homes: 61.9%
Buildings with 2–4 units: 17.0%
Buildings with 5+ units: 12.5%
Other rental homes: 8.6%

Estimates & uncertainty

St. John the Baptist Parish, Louisiana · 2020–2024 ACS 5-year · 90% margins of error
Measure	Estimate	Margin of error
Rental households	3,415	±530
Share of occupied homes rented	22.5%	±3.4 percentage points
Spend 30%+ of income on rent	54.4%	±8.2 percentage points
Spend 50%+ of income on rent	28.7%	±6.5 percentage points
Single-unit homes	61.9%	±7.8 percentage points
Buildings with 2–4 units	17.0%	±6.4 percentage points
Buildings with 5+ units	12.5%	±6.3 percentage points
Other rental homes	8.6%	±4.2 percentage points

Sampling estimates, not exact counts. Margins of error for derived percentages follow Census guidance. Small differences may not be meaningful.

Census sources & definitions

2020–2024 ACS 5-year combines five years of survey responses. These are period estimates, not current asking rents. Rental households include renter-occupied units; building types describe the building containing the rental. The other category includes mobile homes, boats, RVs and similar housing.

Source: U.S. Census Bureau, tables B25003, B25070 and B25032. Statistical guidance. Data checked Sep 22, 2026. Rental Wire is not affiliated with or endorsed by the Census Bureau.

Download county data & margins of error

Does a property work at that rent?

Use the benchmark as a starting point or enter the lease rent you expect. Price and cost inputs below are editable examples, not local estimates.

Monthly cash flow before income tax

-$28

Illustrative price and costs. Edit the assumptions to analyze your property.

Lease rent used: $1,551
Upfront cash: $53,500

Sources, dates & coverage

New Orleans-Metairie, LA HUD Metro FMR Area. HUD area ID: METRO35380M35380. Coverage: Jefferson Parish, LA; Orleans Parish, LA; Plaquemines Parish, LA; St. Bernard Parish, LA; St. Charles Parish, LA; St. John the Baptist Parish, LA.

HUD gross-rent benchmarks include tenant-paid basic utilities, excluding phone, cable and internet. They are not asking-rent quotes, approved Section 8 rents or housing-authority payment standards.

FY2025 area source (effective Oct 1, 2024; source version Apr 28, 2025) · FY2026 area source (effective Oct 1, 2025; source version May 21, 2026) · FY2027 area source (effective Oct 1, 2026).

ZIP schedules: FY2025 · FY2026 · FY2027. SAFMR methodology.

HUD data checked Sep 22, 2026. Changes can reflect methodology and geographic coverage as well as rents. Missing or non-comparable observations remain unavailable. Future schedules are labelled upcoming.

Source: U.S. Department of Housing and Urban Development. HUD public-domain reuse policy, section 1.D. Rental Wire is not affiliated with or endorsed by HUD. Retain the source, geography and fiscal year when sharing data.

Calculation assumptions

Cash flow is rent less vacancy, operating costs, replacement reserves and a fixed-rate amortizing mortgage. Mortgage principal is included in cash outflow. Tax deductions, sale proceeds and appreciation are outside this first-year calculation. A target price holds the entered rent, expense amounts, mortgage rate and percentage down payment/closing costs fixed as the price changes. Property taxes and lender terms may change with the actual purchase price.

The benchmark-based input subtracts tenant-paid utilities once to estimate a lease-rent assumption. It does not calculate a voucher subsidy or determine a housing authority's approved rent. In custom-rent mode, the lease rent is used directly. Owner-paid utilities belong in operating costs.

Other markets in the region

Baton Rouge rent benchmarks Austin rent benchmarks Dallas rent benchmarks Houston rent benchmarks

Compare all markets Target a cash-on-cash return Build a rent roll