248 Cherokee St #22 · New Orleans, LA
Flood risk 5/10 · Moderate
- FEMA flood zone
- X
- Chance of flooding over 30 yrs
- 0.27%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $1,269 – $2,357
Heat risk 10/10 · Severe
- Hot days now (above 109°F)
- 7 days/yr
- Hot days in 30 yrs
- 21 days/yr
Wind risk 10/10 · Severe
- Chance of severe wind over 30 yrs
- 99.0%
Air-quality risk 3/10 · Minor
- Unhealthy air days now
- 3 days/yr
- Unhealthy air days in 30 yrs
- 4 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the D- grade
The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).
- ARV discount +15.0/15.0
- Cash flow +4.7/30.0
- Livability +4.0/5.0
- 1% rule +3.9/10.0
- Condition / age +3.8/5.0
- Rent growth +2.7/5.0
- Schools +1.8/10.0
- DSCR +0.0/10.0
- Appreciation +0.0/10.0
$192,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Experience classic Uptown New Orleans living in this beautifully maintained 2-bedroom, 2-full-bath condo just steps from historic St. Charles Avenue. Nestled beneath the iconic oak trees and along the famed streetcar line, this spacious residence blends timeless New Orleans charm with modern comfort. Enjoy easy access to Mardi Gras parades, Audubon Park, Tulane and Loyola Universities, and some of the city's best dining, shopping, and nightlife. Whether you're looking for a full-time residence, second home, or investment property, this Uptown condo offers the perfect combination of location, style, and convenience.
Key facts
- Iconic oak trees
- Audubon park
- Famed streetcar line
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2-bed/2.0-bath condo listed at $192k. Condition is rated good.
Deal economics
- At list price, monthly cash flow is $-479 ($-6k/yr) — negative.
- To cash-flow at today's rent, offer at most $123k (36.1% below list).
- To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $172k (10.7% below list).
- Recommended offer: $123k (36.1% below list) — sets the bar for cash-flow.
- Cap rate 3.3% vs local median 4.4% in New Orleans — below-typical yield; the buyer is paying a premium for something (appreciation thesis, condition, location) that the cap rate doesn't capture.
Location & tenants
- Location reads 81/100 on livability (#3 in LA, #1,383 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, commute A+, health & safety A+; Watch: crime C-, employment D.
- Orleans Parish (urban): math 11% / reading 27% proficiency, ranked #69 of 98 in LA (top 70%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 68% free/reduced lunch — lower-income household profile, screen leases tightly.
- Zoned schools: Benjamin Franklin Elem. Math And Science (math 12% / reading 23%, grade F, #479 of 646 statewide, top 75%, 747 students, 98% FRL, charter) — zoned schools average 98% FRL vs 68% district-wide (30 pts higher); higher-poverty schools than district average — tighter screening recommended.
- Market conditions: Rents flat; 415 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 78d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 78% of comp listings sitting > 30 days — soft ceiling on asking rent; 710 units permitted in Orleans Parish in 2024 (244 in 5+ unit buildings).
- This rent runs 32% of the median local income ($64k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $6k of value loss. Plan a longer hold.
- Orleans County population projected at +61% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
Negotiation context
- It's been on market 126 days — a 12% lower offer ($169k) is reasonable based on typical stale-listing flexibility.
- 3 sale attempts since 3y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
Risks & watch-outs
- Watch-outs: HOA is 30% of rent.
- Climate carrying-cost: moderate flood risk; severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
- It's been on market 126 days. Have you received any prior offers? Is the seller open to a 36% concession, seller financing, or rate buy-down credit?
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
- What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
- What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
- How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.
Investment metrics
- 1% rule
- 0.89% ✗
- Cap rate
- 3.30%
- Cash-on-cash
- -10.69%
- DSCR
- 0.52
- GRM
- 9.3
CMA / ARV
- ARV (median comp)
- $310,543
- List price
- $192,000
- Delta
- -38.17%
- Verdict
- UNDERPRICED
- Comps
- 20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 201 Millaudon St | 0.17mi | 1/1.5 (-1) | 772 (-25%) | 4mo | $315,000 | $408 | 56 |
| 1520 Adams St | 0.88mi | 2/1.0 | 1,069 (+4%) | 4mo | $375,000 | $351 | 51 |
| 5538 Atlanta St | 1.24mi | 1/1.0 (-1) | 1,054 (+2%) | 3mo | $426,000 | $404 | 50 |
| 910 S Carrollton Ave Unit M | 0.59mi | 2/2.0 | 833 (-19%) | 3mo | $299,000 | $359 | 45 |
| 1914 Adams St | 1.13mi | 2/2.0 | 1,165 (+13%) | 3mo | $305,000 | $262 | 41 |
| 1615 Hollygrove St | 1.33mi | 3/2.0 (+1) | 1,146 (+11%) | 2mo | $290,000 | $253 | 39 |
| 8616 Oak St #208 | 0.97mi | 2/2.0 | 1,253 (+22%) | 3mo | $340,000 | $271 | 38 |
| 5421 St Charles Ave Unit 4B | 1.25mi | 2/2.0 | 1,276 (+24%) | 4mo | $620,000 | $486 | 37 |
| 917 Joliet St | 0.79mi | 2/1.0 | 1,251 (+22%) | 3mo | $297,400 | $238 | 33 |
| 2437 Joseph St | 1.22mi | 3/2.0 (+1) | 1,200 (+16%) | 3mo | $545,167 | $454 | 33 |
| 2314 Calhoun St Unit B | 0.92mi | 1/1.0 (-1) | 824 (-20%) | 3mo | $262,000 | $318 | 28 |
| 2018 Fern St | 1.22mi | 3/1.0 (+1) | 1,280 (+24%) | 4mo | $200,000 | $156 | 28 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
-3.0% appreciation · 0.97% rent growth · sell at horizon
- IRR
- -38.9%
- Equity multiple
- -0.20×
- Total profit
- $-64,713
- Equity at exit
- $28,628
- IRR
- -82.8%
- Equity multiple
- -1.00×
- Total profit
- $-107,788
- Equity at exit
- $16,601
Cash invested: $53,760 (down + closing). Projections, not guarantees.
Landlord ↔ Tenant lean methodology
- Overall (STATE)
- 90 Strongly Landlord-Friendly
- State Louisiana
- 90 Strongly Landlord-Friendly · R+12
- County
- — inherits STATE
- City
- — inherits STATE
ZIP-level market 70118
- Rents YoY
- 1.0%
- Active inventory
- 415
- Price-to-rent
- 9.3×
Monthly cashflow live
- Estimated rent
- $1,715 high interval (Pro) →
- Mortgage (P&I)
- −$1,007
- Tax est. 1.5%
- −$240 /mo · $2,880/yr
- Insurance
- −$80
- HOA
- −$507
- Lot rent
- −$0
- Vacancy / Maint / Mgmt
- −$360
- Net cashflow
- $-479
Break-even live
Sensitivity live
| Price | -10% $-346 | -5% $-413 | +0% $-479 | +5% $-545 | +10% $-612 |
|---|---|---|---|---|---|
| Rent | -10% $-614 | -5% $-547 | +0% $-479 | +5% $-411 | +10% $-343 |
| Rate | -1.0pp $-382 | -0.5pp $-430 | base $-479 | +0.5pp $-529 | +1.0pp $-579 |
UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt
Financing live
Cash to close
- Down payment
- $48,000
- Closing costs
- $5,760
- Club membership (one-time)
- —
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 40 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 248 Cherokee St #28 New Orleans, LA | 3.0 | 2.0 | 1030 | $1,950 | $1.89 | 7d | 1 | 0.03mi |
| 7617 Hurst St Unit 1 New Orleans, LA | 1.0 | 1.0 | 750 | $1,250 | $1.67 | 119d | 1 | 0.04mi |
| 204 Cherokee St New Orleans, LA | 1.0 | 1.0 | 834 | $1,395 | $1.67 | 116d | 1 | 0.06mi |
| 204 Cherokee St Unit 204 New Orleans, LA | 1.0 | 1.0 | 834 | $1,395 | $1.67 | 73d | 1 | 0.06mi |
| 202 Cherokee St New Orleans, LA | 1.0 | 1.0 | 900 | $1,500 | $1.67 | 119d | 1 | 0.06mi |
| 7471 Hurst St New Orleans, LA | 1.0 | 1.0 | 700 | $1,500 | $2.14 | 110d | 1 | 0.07mi |
| 406 Hillary St New Orleans, LA | 1.0 | 1.0 | 900 | $1,600 | $1.78 | 7d | 1 | 0.14mi |
| 421 Hillary St Unit 427 New Orleans, LA | 1.0 | 1.0 | 950 | $1,325 | $1.39 | 92d | 1 | 0.16mi |
| 427 Hillary St New Orleans, LA | 1.0 | 1.0 | 850 | $1,325 | $1.56 | 97d | 1 | 0.16mi |
| 413 Cherokee St New Orleans, LA | 2.0 | 1.0 | 800 | $1,500 | $1.88 | 0d | 1 | 0.16mi |
| 358 Lowerline St New Orleans, LA | 1.0 | 2.0 | 900 | $1,850 | $2.06 | 98d | 1 | 0.18mi |
| 427 Lowerline St Unit C New Orleans, LA | 1.0 | 1.0 | 750 | $1,600 | $2.13 | 78d | 1 | 0.20mi |
| 500 Lowerline St Unit C New Orleans, LA | 2.0 | 1.0 | 1200 | $2,000 | $1.67 | 7d | 1 | 0.20mi |
| 7413 Pitt St New Orleans, LA | 3.0 | 2.0 | 1190 | $2,400 | $2.02 | 73d | 1 | 0.20mi |
| 518 Lowerline St New Orleans, LA | 1.0 | 1.0 | 850 | $1,575 | $1.85 | 98d | 1 | 0.21mi |
| 538 Lowerline St Unit 540 New Orleans, LA | 3.0 | 2.0 | 1200 | $2,000 | $1.67 | 110d | 1 | 0.23mi |
| 540 Lowerline St New Orleans, LA | 3.0 | 2.0 | 1200 | $2,000 | $1.67 | 7d | 1 | 0.23mi |
| 7444 Saint Charles Ave New Orleans, LA | 2.0 | 1.5 | 900 | $1,788 | $1.99 | 63d | 2 | 0.25mi |
| 7444 Saint Charles Ave New Orleans, LA | 1.0–2.0 | 1.0–1.5 | 905 | $1,850 | $2.04 | 78d | 2 | 0.25mi |
| 7444 Saint Charles Ave New Orleans, LA | 2.0 | 1.5 | 975 | $1,788 | $1.83 | 61d | 2 | 0.25mi |
| 7444 Saint Charles Ave #309 New Orleans, LA | 2.0 | 1.0 | 816 | $1,850 | $2.27 | 119d | 1 | 0.25mi |
| 7444 Saint Charles Ave #201 New Orleans, LA | 2.0 | 1.5 | 1000 | $1,775 | $1.77 | 7d | 1 | 0.25mi |
| 519 Lowerline St Unit 2A New Orleans, LA | 2.0 | 2.0 | 1300 | $2,000 | $1.54 | 107d | 1 | 0.25mi |
| 7836 Saint Charles Ave Unit C New Orleans, LA | 2.0 | 1.0 | 1200 | $1,900 | $1.58 | 66d | 1 | 0.31mi |
| 527 Broadway St Unit A New Orleans, LA | 1.0 | 1.0 | 700 | $1,000 | $1.43 | 7d | 1 | 0.32mi |
| 7904 Saint Charles Ave Unit B2 New Orleans, LA | 1.0 | 1.0 | 750 | $1,275 | $1.70 | 119d | 1 | 0.32mi |
| 7825 Saint Charles Ave Unit L New Orleans, LA | 1.0 | 1.0 | 750 | $1,275 | $1.70 | 7d | 1 | 0.33mi |
| 7625 Hampson St New Orleans, LA | 2.0 | 1.0 | 950 | $2,200 | $2.32 | 111d | 1 | 0.34mi |
| 7627 Hampson St New Orleans, LA | 2.0 | 1.0 | 950 | $2,100 | $2.21 | 119d | 1 | 0.34mi |
| 629 Lowerline St New Orleans, LA | 3.0 | 2.0 | 1500 | $3,300 | $2.20 | 66d | 1 | 0.35mi |
| 7801 Hampson St Unit C New Orleans, LA | 2.0 | 1.0 | 1000 | $1,400 | $1.40 | 119d | 1 | 0.37mi |
| 723 Adams St Unit 301 New Orleans, LA | 2.0 | 2.0 | 725 | $2,100 | $2.90 | 119d | 1 | 0.37mi |
| 715 Burdette St New Orleans, LA | 1.0 | 1.0 | 984 | $1,400 | $1.42 | 7d | 1 | 0.37mi |
| 310 Broadway St New Orleans, LA | 2.0 | 1.0 | 1010 | $1,800 | $1.78 | 73d | 1 | 0.38mi |
| 310 Broadway St New Orleans, LA | 2.0 | 1.0 | 1010 | $1,900 | $1.88 | 119d | 1 | 0.38mi |
| 630 Broadway St #630 New Orleans, LA | 3.0 | 1.0 | 1100 | $2,250 | $2.05 | 119d | 1 | 0.40mi |
| 630 Broadway St #630 New Orleans, LA | 3.0 | 1.0 | 1100 | $2,200 | $2.00 | 92d | 1 | 0.40mi |
| 801 Cherokee St New Orleans, LA | 2.0 | 1.0 | 1000 | $1,800 | $1.80 | 73d | 1 | 0.41mi |
| 7324 Maple St New Orleans, LA | 2.0 | 1.0 | 1100 | $1,650 | $1.50 | 78d | 1 | 0.41mi |
| 590 Walnut St Unit PV New Orleans, LA | 1.0 | 1.0 | 700 | $1,600 | $2.29 | 71d | 1 | 0.43mi |
Property features AI
Finance
- Other
- Pets allowed: cats and dogs ok (no pet restrictions)Part of a 40-unit complex
- HOA & community
- HOA fee (association) of $507HOA includes common areas and waterCommunity features: common grounds, gated community
Exterior
- Parking
- Assigned off-street parking (1 space)
- Security
- Gated community
- Utilities
- Public waterPublic sewer
- Home design
- Stucco construction2 storiesShingle roofSlab foundationVery good condition
- Construction
- Built with stuccoShingle roofSlab foundation
- Exterior features
- BalconyCourtyardFencedIn-ground poolCity lot (condo setting)
Interior
- Kitchen
- DishwasherDisposalMicrowaveOvenRangeRefrigerator
- Bathrooms
- 2 full bathrooms
- Heating & cooling
- Central heatingCentral air conditioning
- Interior features
- Ceiling fansCathedral ceilingsVaulted ceilingsHigh ceilingsElevatorStainless steel appliances
- Laundry & utility
- Dryer
HOA detail $507/mo · $6,084/yr condo
- Assessments
- None detected in remarks — confirm with the listing agent.
Listing history 50 events
-
2026-09-23days on market $192,000 Active 126 DOM
-
2026-09-22days on market $192,000 Active 125 DOM
-
2026-09-21days on market $192,000 Active 124 DOM
-
2026-09-20days on market $192,000 Active 123 DOM
-
2026-09-19days on market $192,000 Active 122 DOM
-
2026-09-17days on market $192,000 Active 120 DOM
-
2026-09-16days on market $192,000 Active 119 DOM
-
2026-09-15days on market $192,000 Active 118 DOM
-
2026-09-14days on market $192,000 Active 117 DOM
-
2026-09-13days on market $192,000 Active 116 DOM
-
2026-09-12days on market $192,000 Active 115 DOM
-
2026-09-11days on market $192,000 Active 114 DOM
-
2026-09-05days on market $192,000 Active 108 DOM
-
2026-09-04days on market $192,000 Active 107 DOM
-
2026-09-03days on market $192,000 Active 106 DOM
-
2026-08-31days on market $192,000 Active 103 DOM
-
2026-08-29days on market $192,000 Active 101 DOM
-
2026-08-28days on market $192,000 Active 100 DOM
-
2026-08-27days on market $192,000 Active 99 DOM
-
2026-08-25days on market $192,000 Active 97 DOM
-
2026-08-24days on market $192,000 Active 96 DOM
-
2026-08-23days on market $192,000 Active 95 DOM
-
2026-08-22days on market $192,000 Active 94 DOM
-
2026-08-21days on market $192,000 Active 93 DOM
-
2026-08-20days on market $192,000 Active 92 DOM
-
2026-08-19days on market $192,000 Active 91 DOM
-
2026-08-18days on market $192,000 Active 90 DOM
-
2026-08-17days on market $192,000 Active 89 DOM
-
2026-08-16days on market $192,000 Active 88 DOM
-
2026-08-15days on market $192,000 Active 87 DOM
-
2026-08-14days on market $192,000 Active 86 DOM
-
2026-08-13days on market $192,000 Active 85 DOM
-
2026-08-12days on market $192,000 Active 84 DOM
-
2026-08-11days on market $192,000 Active 83 DOM
-
2026-08-10days on market $192,000 Active 82 DOM
-
2026-08-09days on market $192,000 Active 81 DOM
-
2026-08-08days on market $192,000 Active 80 DOM
-
2026-08-07days on market $192,000 Active 79 DOM
-
2026-08-06days on market $192,000 Active 78 DOM
-
2026-08-05days on market $192,000 Active 77 DOM
-
2026-08-04days on market $192,000 Active 76 DOM
-
2026-08-03days on market $192,000 Active 75 DOM
-
2026-07-31days on market $192,000 Active 72 DOM
-
2026-07-30pricedays on market $192,000 Active 71 DOM
-
2026-07-30days on market $199,000 Active 70 DOM
-
2026-07-28days on market $199,000 Active 69 DOM
-
2026-07-24days on market $199,000 Active 65 DOM
-
2026-07-23days on market $199,000 Active 64 DOM
-
2026-07-22days on market $199,000 Active 63 DOM
-
2026-07-21days on market $199,000 Active 62 DOM
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Climate risk First Street
- Flood 5/10 Major FEMA zone X · 27% chance over 30 yrs
- Wildfire 1/10 Low
- Heat 10/10 Extreme 7 d/yr ≥109°F today · 21 d/yr by 30 yrs out
- Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
- Air quality 3/10 Moderate 3 unhealthy d/yr today · 4 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $20,581
- − Mortgage interest
- −$10,755
- − Property taxes
- −$2,880
- − Insurance
- −$960
- − Repairs & maintenance
- −$1,646
- − Management
- −$1,646
- − HOA
- −$6,084
- − Depreciation
- −$5,585
- Taxable loss
- −$8,976
- Est. tax savings @ 24.0%
- +$2,154
- After-tax cash flow
- $-3,593/yr
For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.
Condition & rehab AI · 13 photos
This well-maintained 2-bedroom, 2-bath condo in Uptown New Orleans offers a good investment opportunity with minor repairs and maintenance needed.
Repairs flagged
- Minor Exterior siding — Some discoloration and wear visible on the siding.
- Minor Interior walls — Some discoloration and wear visible on the walls.
Value-add opportunities
- Resale Painting the exterior and interior walls — Fresh paint can significantly improve the home's curb appeal and overall appearance, making it more attractive to potential buyers. ↑
- Rental Landscaping and garden maintenance — A well-maintained garden and landscaping can enhance the home's curb appeal and attract more renters. ↑
ⓘ Rehab cost is a screening estimate — Cosmetic scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.
Zoned Schools
Schools (NCES district)
- District
- Orleans Parish
- NCES district ID
- 2201170
- Math proficiency
- 11% ▼ -52.00%
- Reading proficiency
- 27% ▼ -46.00%
- Median HH income
- $37,011
- Composite
- 15.78/100
- National rank
- #9271
- State rank
- #69 of 98 in LA
Livability — New Orleans
- Score
- 81/100
- State rank
- #3
- US rank
- #1383
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- New Orleans, LA
- County
- Orleans Parish · 513,025 people
- City population
- 338,817
- Metro
- New Orleans-Metairie, LA
- Population (ZIP)
- 36,072
- Household income
- $63,750
- Rent vs Own
- Severe rent burden
- 12% of renters
Population outlook (Orleans County) Hauer SSP2
- Today (2025)
- 513,025 people
- By 2030
- 575,781 · +12.2%
- By 2040
- 700,174 · +36.5%
- By 2050
- 826,541 · +61.1%
- By 2075
- 1,123,374 · +119.0%
- By 2100
- 1,355,609 · +164.2%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Diverse neighborhood (Simpson 0.65)
- Race & ethnicity
- White 47% Black 34% Hispanic / Latino 11% Two or more races 11% Asian 4%
- Hispanic origin (detail)
- Mexican 2%
- Common ancestry
- Lithuanian 8% Italian 2% Romanian 2%
- Foreign-born
- 9% · Canada, China
- Languages at home
- 86% English-only · Spanish 7% French/Haitian/Cajun 2% Other Indo-European 2%
Political lean MEDSL · Orleans
- 2024 margin
- Solid D (+67.0) · D 82.2% · R 15.2% · Other 2.7%
- 2008→2024 swing
- +6.7pp toward D · 2008: 60.3pp · 2024: 67.0pp
- All cycles
- 2024: D+67.0 2020: D+68.2 2016: D+66.2 2012: D+62.5 2008: D+60.3
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -210.46%
- Current HPI
- 282.9629
- Rent YoY
- ▲ 0.97%
- Metro
- New Orleans-Metairie, LA
- State GDP YoY
- ▲ 3.29%
- F500 in state
- 10
Industry mix (Fortune 500 HQ in LA)
| Industry | F500 HQs | Revenue |
|---|---|---|
| Telecommunications | 2 | $23B |
|
||
| Utilities | 1 | $12B |
|
||
| Wholesale / Distribution | 1 | $5B |
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Price history
-7.4% since first listed4 events — show timeline
- 2026-05-20 Listed $199,000 GSREIN
- 2026-05-20 Listed $199,000 AcadianaMLS
- 2024-03-10 Price Changed $215,000 GSREIN
- 2023-11-28 Listed $215,000 AcadianaMLS
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…