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Market MapLouisianaOrleans Parish

Orleans Parish

LouisianaPopulation: 380,408New Orleans, LA Metro
58
/100
Hold
#569 of 1,000 counties
#38 in Louisiana (64 counties)

Market Snapshot

$237,009
Median Home Price
4% above national median
$1,623/mo
Median Rent
19% above national median
8.22%
Rent-to-Price Ratio
Top 9% nationally
-$188
Est. Monthly Cash Flow
With 20% down at 6.9% rate

Price History

Trend based on YoY growth rate. Source: Zillow ZHVI/ZORI

Quick Investment Calculator

20%
5%50%100%

Purchase

Purchase Price$237,009
Down Payment (20%)$47,402
Loan Amount$189,607
Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$1,623
Monthly P&I-$1,242
Est. Expenses (35%)-$568
Net Cash Flow-$188/mo
5.3%
Cap Rate (all cash)
-4.1%
Cash-on-Cash Return
8.22%
Rent-to-Price Ratio
Negative leverage: At 6.85% rates, borrowing costs exceed the 5.3% cap rate. All-cash buyers may see better returns.

* Based on county median values. 35% expenses include taxes, insurance, maintenance, vacancy, and property management. Actual results vary by property.

Run Full AnalysisTry House Hack Strategy

Score Breakdown

Overall Investment Score
58/100
58
Cash Flow(30%)
82/100

Based on 8.22% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)
35/100

Based on -3.0% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)
50/100

Population data not available.

Affordability(20%)
60/100

Price-to-income ratio of 4.6x. Lower ratios indicate more affordable markets.

Scores are calculated using real Zillow home value and rent data, Census population data, and economic indicators. The weighted average produces the overall investment score. Markets with missing rent data use estimated values based on regional averages.

Investment Outlook

Strengths

  • +Above-average rent-to-price ratio (8.22%)
  • +Complete rent data available

Challenges

  • -Declining home values (-3.0% YoY)
  • -Negative leverage (cap rate 5.3% < mortgage rate 6.9%)

Economic Indicators

Population
380,408
Median Income
$51,116
vs $51,665 national est.
Unemployment Rate
—
Data pending
Price-to-Income
4.6x
Moderately affordable

Compare to Nearby Counties

CountyVerdict
Pointe Coupee ParishLA
59$189,105Est. pending—HoldView
West Carroll ParishLA
59$120,526Est. pending—HoldView
East Baton Rouge ParishLA
59$227,649$1,2986.84%HoldView
CurrentOrleans ParishLA
58$237,009$1,6238.22%Hold
Allen ParishLA
58$121,750Est. pending—HoldView
Grant ParishLA
57$153,615Est. pending—HoldView

The Bottom Line

HoldOrleans Parish is a neutral market. Consider house hacking or targeting below-market deals.

Orleans Parish in Louisiana scores 58/100, ranking #569 of 1,000 US counties (top 57%). The 8.22% rent-to-price ratio exceeds the 1% rule target, suggesting strong cash flow potential.

Monthly Cash Flow
$-188/mo
Cap Rate
5.3%
Cash-on-Cash
-4.1%

Ready to Analyze a Deal in Orleans Parish?

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