Markets › New Orleans
Yearly benchmarkMoves monthlyMoves weeklyNews daily
New Orleans LA
Covers New Orleans and Metairie.
Current market read
Balanced market
ConditionBalanced
Balanced on the yearly data, and steady on the recent monthly signals.
From public data. The situation now, not a forecast.
Renter Google searchabout 3,600 searches in July 2026 · HousesSee read →
Renter Google Search InterestGoogle · monthly
About 3,600 searches in July 2026, for New Orleans on its own
What renters Google mostHousesSee all →Attention, not a verdict. Google searches for apartments to rent.
Momentum · which way it's movingRENT + JOBS · UPDATED MONTHLY
Stable
Holding steady this month, no signal is pulling hard either way.
VacancyCENSUS · 2024
Share of rentals sitting empty. Yearly Census backdrop, not what sets the condition.
Asking rentZILLOW · MONTHLY
+1.4%
▲ Year over year
SEP ’24AUG ’26
Census 2024: +8.9% · US avg +5.2%
Median rentCENSUS · 2024
$1,262/mo
Typical rent, 2024 yearly count
In the news · New OrleansNEWS · DAILY
Latest local coverage, 3 days ago.● softer● neutral● firmer
930 Poydras Apartments Highlights Central Business District Living for Medical School Residents Relocating to New OrleansLouisiana’s housing office canceled a $20M program for affordable homes. See other changes at the agency.Volunteers of America Celebrates $37M Senior Housing RedevelopmentDemand vs supplyCENSUS + BLS
Weak demand
DEMAND
Jobs+0.3%
Migration 2025-9.17/1k
SUPPLY
Permits 2025+18.7%
Vacancy 20249.4%
Rent vs buyFREDDIE MAC · WEEKLY
+$711/mo
Cheaper to rent than buying
rent $1,262 · own $1,973
$1,262RENT
$1,973OWN
Net migrationCENSUS · 2025
−9.17/1k
▼ Net outflow of residents
OUTFLOWINFLOW
Census · BLS · FRED · Zillow · news
For information only. Not investment advice. AI-written summaries can make mistakes.