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market report · 70118
New Orleans, LA · 70118
60 active listings$486,500 median ask$2,564 est. rent0.5% price/rent
$486,500
Median list price
$2,564/mo
Estimated rent
0.5%
Price / rent ratio
60
Listings
FHFA home price index · 2016–2025
25.6% cumulative change over the window. Source: FHFA ZIP-level HPI.
$1.33
Median rent / sqft
57 comps
$261.83
Median sold / sqft
58 comps
—
Walkability
4.8%
Area unemployment
BLS LAUS
Median household income $63,750 · median home value $465,600 · ACS 2024.
Natural-hazard risk Relatively High (FEMA NRI score 90).
22 schools within ~4 km of the ZIP centroid.
top deals · highest rent-to-price
2709 Cherry St, New Orleans, LA 70118
New Orleans, LA
$59,999$1,289/mo2.1%
8819 Fig St, New Orleans, LA 70118
New Orleans, LA
$80,000$1,673/mo2.1%
4033 Hollygrove St, New Orleans, LA 70118
New Orleans, LA
$135,000$2,068/mo1.5%
2531 Leonidas St, New Orleans, LA 70118
New Orleans, LA
$210,000$2,655/mo1.3%
9028 Marks St, New Orleans, LA 70118
New Orleans, LA
$189,500$1,838/mo1%
936 Joliet St, New Orleans, LA 70118
New Orleans, LA
$200,000$1,836/mo0.9%