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Market MapNew Orleans, LA
Metropolitan Area

New Orleans, LA

Louisiana07 counties
64
/100
Buy
#1 of 0 metros
Top 50% nationally for investing

Market Snapshot

$252,775
Median Home Price
0% below national median
$1,598/mo
Median Rent
0% below national median
7.59%
Rent-to-Price Ratio
Top 50% nationally
-$286
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$252,775
Down Payment (20%)$50,555
Loan Amount$202,220
Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$1,598
Monthly P&I-$1,325
Est. Expenses (35%)-$559
Net Cash Flow-$286/mo
4.9%
Cap Rate (all cash)
-5.9%
Cash-on-Cash Return
7.59%
Rent-to-Price Ratio
Negative leverage: At 6.85% rates, borrowing costs exceed the 4.9% cap rate. All-cash buyers may see better returns.

* Based on metro-wide median values. 35% expenses include taxes, insurance, maintenance, vacancy, and property management. Individual counties and properties vary significantly.

Run Full AnalysisTry House Hack Strategy

Score Breakdown

Overall Investment Score
64/100
64
Cash Flow(30%)
76/100

Based on 7.59% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)
55/100

Based on 1.0% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)
50/100

Based on 0.0% population growth. Growing areas indicate economic stability.

Affordability(20%)
76/100

Based on price relative to estimated local incomes.

Scores are calculated using real Zillow metro-level home value and rent data, Census population data, and economic indicators. The weighted average produces the overall investment score. This metro score represents area-wide averages; individual counties may vary significantly.

Investment Outlook

Strengths

  • +Affordable relative to local incomes
  • +Low unemployment (0.0%)
  • +Large metro with 7 counties offering diverse opportunities

Challenges

  • -Negative cash flow at typical financing (-$286/mo)
  • -Negative leverage (cap rate 4.9% < mortgage rate 6.9%)

Counties in New Orleans, LA

Best Overall
Jefferson Parish
LA - Score: 68
Best Cash Flow
Saint John the Baptist Parish
LA - Score: 66
Most Affordable
Saint James Parish
LA - Score: 62
Verdict
Jefferson ParishLA
436,17168$271,906$1,5196.70%BuyView
Saint Bernard ParishLA
44,03867$205,447$1,5398.99%BuyView
Saint John the Baptist ParishLA
41,98666$196,917$1,5109.20%BuyView
Saint Charles ParishLA
52,19163$267,627$1,5076.76%BuyView
Orleans ParishLA
380,40862$246,124$1,6758.16%BuyView
Saint James ParishLA
20,09062$193,087Est.BuyView
Saint Tammany ParishLA
266,16857$284,883$1,5396.48%HoldView

Click any county to see detailed investment analysis

The Bottom Line

BuyNew Orleans, LA offers solid investment potential with good cash flow or appreciation prospects.

The New Orleans, LA metro area scores 64/100, ranking #1 of 0 US metros (top 50%). The 7.59% rent-to-price ratio indicates moderate cash flow potential. Among 7 counties, Jefferson Parish shows the strongest investment potential (score: 68).

Monthly Cash Flow
$-286/mo
Cap Rate
4.9%
Cash-on-Cash
-6.8%

Ready to Invest in New Orleans, LA?

Use our investment calculators to run detailed numbers on specific properties, or explore individual counties for more targeted opportunities.

Single Family1-4 unit rentalsHouse HackOwner-occupiedMultifamily5+ unit propertiesBest CountyJefferson Parish
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