Housing & Real Estate — New Orleans, Louisiana
Overview
| Total Housing Units | 194,758 |
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| Occupied | 155,060 |
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| Vacant | 39,698 |
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| Owner-Occupied | 78,376 |
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| Renter-Occupied | 76,684 |
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| Median Home Value (Census) | $315,700 |
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| Estimated 2026 | ~$366,000 |
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| Median Rent | $1,211/mo |
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| Median Property Tax | $2,606/yr |
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Affordability
| Home Price to Income Ratio | N/Ax |
|---|
| Home Affordability | expensive |
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| Rent as % of Income | 25.7% |
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| Severely Rent-Burdened | 51.0% |
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Housing Age
| Built 2010 or later | 13,869 |
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| Built 2000-2009 | 14,963 |
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| Built 1990-1999 | 6,240 |
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| Built before 1960 | 98,349 |
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| Median Year Built | 1958 |
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Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.
