257 Cherokee St #2 · New Orleans, LA
Flood risk 6/10 · Moderate
- FEMA flood zone
- X
- Chance of flooding over 30 yrs
- 0.57%
- 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 +13.2/30.0
- 1% rule +6.9/10.0
- DSCR +4.0/10.0
- Livability +4.0/5.0
- Rent growth +2.7/5.0
- Condition / age +2.5/5.0
- Schools +1.6/10.0
- Appreciation +0.0/10.0
$124,900
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Come on home to this beautifully remodeled condo in the historical B. Pearl Neighborhood. Located within minutes of Tulane and Loyola University this uptown gem will be sure to impress. This property is a gated private escape with a front and rear courtyard great for relaxation on a nice day with your guests. Walk down your breeze way to your front door, and you will be greeted to a remolded open living/kitchen floor plan that is light and airy! The all-new kitchen is complete with new cabinets, new counters, all new appliances including refrigerator and dishwasher. New mini-split HVAC cools down this home both quickly and efficiently. Inside laundry hook-ups. New Vinyl plank flooring in all living areas. No carpet. Two very ample sized bedrooms with nice sized closets. Remodeled walk-in shower with custom tile. Condo fee includes water. Occupy this unit and be by all the great entertainment/restaurants/culture Uptown NOLA has to offer or use this as an income producing investment. Furniture inside can be negotiable.
Key facts
- New mini-split hvac
- Gated private escape
- All new kitchen
Tags
Property features AI
Finance
- Other: Pets allowed: cats and dogs; no pet restrictions stated
- Financial info: Designed as a multi-unit property with 5 total units
- HOA & community: Association fee approximately $317; Association covers common areas and water
Exterior
- Parking: Details not provided
- Security: Details not provided
- Utilities: Public water; Public sewer
- Home design: Single-story unit in a 2-story building; Entry level details not specified; Facing direction not specified; Property type: Multi-unit (5 total units)
- Construction: Block construction; Asphalt shingle roof; Slab foundation; Built/maintained in excellent condition
- Exterior features: Courtyard; City lot; Rectangular lot; Lot dimensions approximately 30 x 120
Interior
- Kitchen: Dishwasher; Microwave; Range; Refrigerator
- Bedrooms: Details not provided
- Flooring: Details not provided
- Bathrooms: 1 full bathroom
- Heating & cooling: Ductless cooling; Wall unit(s) for cooling; Ductless heating; Wall furnace for heating
- Interior features: Total of 4 rooms; Excellent condition
- Laundry & utility: Laundry inside the unit
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2-bed/1.0-bath condo listed at $125k.
Deal economics
- At list price, monthly cash flow is $-3 ($-37/yr) — negative.
- To cash-flow at today's rent, offer at most $124k (0.4% below list).
- Meets the 1% rule at list price ($1k rent vs $125k).
- Recommended offer: $123k (1.5% below list) — sets the bar for market timing.
- Cap rate 6.3% vs local median 4.4% in New Orleans — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.
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; 279 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 26d on market — plan ~3-4 weeks tenant-placement turnaround); 710 units permitted in Orleans Parish in 2024 (244 in 5+ unit buildings).
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $864 of loan paydown is wiped out by about $4k 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 24 days — a 2% lower offer ($123k) is reasonable based on typical stale-listing flexibility.
- 14 sale attempts since 18y 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 21% of rent.
- Climate carrying-cost: major 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?
- Built in 1962 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- 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?
- 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
- 1.19% ✓
- Cap rate
- 6.26%
- Cash-on-cash
- -0.11%
- DSCR
- 1.00
- GRM
- 7.0
CMA / ARV
- ARV (median comp)
- $205,750
- List price
- $124,900
- Delta
- -39.30%
- Verdict
- UNDERPRICED
- Comps
- 20 within 1.0 mi
Projected returns pro-forma
-3.0% appreciation · 0.97% rent growth · sell at horizon
- IRR
- -19.4%
- Equity multiple
- 0.34×
- Total profit
- $-23,200
- Equity at exit
- $18,623
- IRR
- -19.0%
- Equity multiple
- 0.10×
- Total profit
- $-31,323
- Equity at exit
- $10,799
Cash invested: $34,972 (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
- 279
- Price-to-rent
- 7.0×
Monthly cashflow live
- Estimated rent
- $1,490 high interval (Pro) →
- Mortgage (P&I)
- −$655
- Tax est. 1.5%
- −$156 /mo · $1,874/yr
- Insurance
- −$52
- HOA
- −$317
- Vacancy / Maint / Mgmt
- −$313
- Net cashflow
- $-3
Break-even live
Sensitivity live
| Price | -10% $83 | -5% $40 | +0% $-3 | +5% $-46 | +10% $-89 |
|---|---|---|---|---|---|
| Rent | -10% $-121 | -5% $-62 | +0% $-3 | +5% $56 | +10% $115 |
| Rate | -1.0pp $60 | -0.5pp $29 | base $-3 | +0.5pp $-35 | +1.0pp $-68 |
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
- $31,225
- Closing costs
- $3,747
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- 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 |
|---|---|---|---|---|---|---|---|---|
| 7471 Hurst St New Orleans, LA | 1.0 | 1.0 | 700 | $1,500 | $2.14 | 16d | 1 | 0.05mi |
| 216 Cherokee St Unit 16 New Orleans, LA | 1.0 | 1.0 | 474 | $1,000 | $2.11 | 25d | 1 | 0.07mi |
| 7617 Hurst St Unit 1 New Orleans, LA | 1.0 | 1.0 | 750 | $1,250 | $1.67 | 25d | 1 | 0.09mi |
| 7467 Garfield St New Orleans, LA | 2.0 | 1.0 | 672 | $1,295 | $1.93 | 25d | 1 | 0.10mi |
| 222 Millaudon St New Orleans, LA | 1.0 | 1.0 | 450 | $1,250 | $2.78 | 25d | 1 | 0.14mi |
| 7439 Prytania St New Orleans, LA | 1.0 | 1.0 | 500 | $995 | $1.99 | 5d | 1 | 0.24mi |
| 7439 Prytania St New Orleans, LA | 1.0 | 1.0 | 500 | $995 | $1.99 | 4d | 1 | 0.24mi |
| 315 Pine St New Orleans, LA | 1.0 | 1.0 | 506 | $1,250 | $2.47 | 25d | 1 | 0.26mi |
| 229 Lowerline St New Orleans, LA | 1.0 | 1.0 | 477 | $1,600 | $3.35 | 21d | 1 | 0.31mi |
| 221 Lowerline St Unit C New Orleans, LA | 1.0 | 1.0 | 580 | $1,050 | $1.81 | 18d | 1 | 0.32mi |
| 7904 Saint Charles Ave Unit B2 New Orleans, LA | 1.0 | 1.0 | 750 | $1,275 | $1.70 | 25d | 1 | 0.33mi |
| 732 Cherokee St #106 New Orleans, LA | 1.0 | 1.0 | 600 | $1,650 | $2.75 | 16d | 1 | 0.33mi |
| 723 Adams St Unit 301 New Orleans, LA | 2.0 | 2.0 | 725 | $2,100 | $2.90 | 25d | 1 | 0.34mi |
| 590 Walnut St Unit PV New Orleans, LA | 1.0 | 1.0 | 700 | $1,700 | $2.43 | 25d | 1 | 0.37mi |
| 590 Walnut St Unit 2R New Orleans, LA | 1.0 | 1.0 | 600 | $2,000 | $3.33 | 25d | 1 | 0.37mi |
| 7014 Saint Charles Ave Unit G New Orleans, LA | 1.0 | 1.0 | 732 | $2,500 | $3.42 | 16d | 1 | 0.37mi |
| 7600 Burthe St Unit B New Orleans, LA | 1.0 | 1.0 | 625 | $1,650 | $2.64 | 18d | 1 | 0.40mi |
| 7602 Burthe St New Orleans, LA | 1.0 | 1.0 | 700 | $1,850 | $2.64 | 25d | 1 | 0.41mi |
| 838 Lowerline St Unit B New Orleans, LA | 1.0 | 1.0 | 550 | $1,400 | $2.55 | 12d | 1 | 0.41mi |
| 7522 Freret St Unit Rear New Orleans, LA | 1.0 | 1.0 | 560 | $1,295 | $2.31 | 18d | 1 | 0.47mi |
| 7429 Freret St New Orleans, LA | 3.0 | 2.0 | 750 | $2,000 | $2.67 | 25d | 1 | 0.49mi |
| 7619 Freret St New Orleans, LA | 1.0 | 1.0 | 700 | $1,500 | $2.14 | 13d | 1 | 0.50mi |
| 8014 Burthe St Unit B New Orleans, LA | 1.0 | 1.0 | 475 | $1,680 | $3.54 | 18d | 1 | 0.53mi |
| 8129 Maple St New Orleans, LA | 1.0 | 1.0 | 600 | $1,300 | $2.17 | 25d | 1 | 0.56mi |
| 910 S Carrollton Ave Unit B New Orleans, LA | 1.0 | 1.0 | 500 | $1,700 | $3.40 | 25d | 1 | 0.59mi |
| 920 S Carrollton Ave Unit C New Orleans, LA | 1.0 | 1.0 | 500 | $1,800 | $3.60 | 25d | 1 | 0.60mi |
| 7823 Zimpel St Unit D New Orleans, LA | 1.0 | 1.0 | 375 | $1,200 | $3.20 | 25d | 1 | 0.60mi |
| 6330 Auunucation ST New Orleans, LA | 1.0 | 1.0 | 650 | $1,400 | $2.15 | 25d | 1 | 0.66mi |
| 1225 Burdette St Unit 1225 New Orleans, LA | 2.0 | 1.0 | 700 | $1,200 | $1.71 | 25d | 1 | 0.67mi |
| 7541 Willow St New Orleans, LA | 2.0 | 1.0 | 700 | $1,650 | $2.36 | 16d | 1 | 0.76mi |
| 7701 Jeannette St Unit B1 New Orleans, LA | 1.0 | 1.0 | 645 | $1,300 | $2.02 | 25d | 1 | 0.84mi |
| 2201 Calhoun St Unit B New Orleans, LA | 2.0 | 1.0 | 750 | $1,700 | $2.27 | 5d | 1 | 0.86mi |
| 2312 Calhoun St Unit A New Orleans, LA | 1.0 | 1.0 | 700 | $2,000 | $2.86 | 18d | 1 | 0.89mi |
| 6304 Magazine St Unit 2A New Orleans, LA | 1.0 | 1.0 | 750 | $1,700 | $2.27 | 16d | 1 | 1.00mi |
| 7310 Hickory St New Orleans, LA | 3.0 | 1.0 | 750 | $2,600 | $3.47 | 16d | 1 | 1.01mi |
| 2534 Palmer Ave Unit A New Orleans, LA | 2.0 | 1.0 | 650 | $1,500 | $2.31 | 25d | 1 | 1.03mi |
| 8634 Plum St New Orleans, LA | 2.0 | 1.0 | 750 | $1,450 | $1.93 | 13d | 1 | 1.03mi |
| 6204 Delord St New Orleans, LA | 2.0 | 1.0 | 600 | $1,350 | $2.25 | 4d | 1 | 1.03mi |
| 615 Exposition Blvd Unit 6 New Orleans, LA | 1.0 | 1.0 | 600 | $1,250 | $2.08 | 25d | 1 | 1.04mi |
| 1710 S Carrollton Ave New Orleans, LA | 1.0 | 1.0 | 425 | $1,195 | $2.81 | 5d | 4 | 1.05mi |
HOA detail condo
- Monthly dues
- $317 · $3,804/yr
- Likely covers
- watersecurity
- Assessments
- None detected in remarks — confirm with the listing agent.
Listing history 28 events
-
2026-05-17status Pending 1032-char remark
Show marketing remark (1032 chars)
Come on home to this beautifully remodeled condo in the historical B. Pearl Neighborhood. Located within minutes of Tulane and Loyola University this uptown gem will be sure to impress. This property is a gated private escape with a front and rear courtyard great for relaxation on a nice day with your guests. Walk down your breeze way to your front door, and you will be greeted to a remolded open living/kitchen floor plan that is light and airy! The all-new kitchen is complete with new cabinets, new counters, all new appliances including refrigerator and dishwasher. New mini-split HVAC cools down this home both quickly and efficiently. Inside laundry hook-ups. New Vinyl plank flooring in all living areas. No carpet. Two very ample sized bedrooms with nice sized closets. Remodeled walk-in shower with custom tile. Condo fee includes water. Occupy this unit and be by all the great entertainment/restaurants/culture Uptown NOLA has to offer or use this as an income producing investment. Furniture inside can be negotiable.
-
2026-05-17status Pending 1032-char remark
Show marketing remark (1032 chars)
Come on home to this beautifully remodeled condo in the historical B. Pearl Neighborhood. Located within minutes of Tulane and Loyola University this uptown gem will be sure to impress. This property is a gated private escape with a front and rear courtyard great for relaxation on a nice day with your guests. Walk down your breeze way to your front door, and you will be greeted to a remolded open living/kitchen floor plan that is light and airy! The all-new kitchen is complete with new cabinets, new counters, all new appliances including refrigerator and dishwasher. New mini-split HVAC cools down this home both quickly and efficiently. Inside laundry hook-ups. New Vinyl plank flooring in all living areas. No carpet. Two very ample sized bedrooms with nice sized closets. Remodeled walk-in shower with custom tile. Condo fee includes water. Occupy this unit and be by all the great entertainment/restaurants/culture Uptown NOLA has to offer or use this as an income producing investment. Furniture inside can be negotiable.
-
2026-05-08price $124,900 1032-char remark
Show marketing remark (1032 chars)
Come on home to this beautifully remodeled condo in the historical B. Pearl Neighborhood. Located within minutes of Tulane and Loyola University this uptown gem will be sure to impress. This property is a gated private escape with a front and rear courtyard great for relaxation on a nice day with your guests. Walk down your breeze way to your front door, and you will be greeted to a remolded open living/kitchen floor plan that is light and airy! The all-new kitchen is complete with new cabinets, new counters, all new appliances including refrigerator and dishwasher. New mini-split HVAC cools down this home both quickly and efficiently. Inside laundry hook-ups. New Vinyl plank flooring in all living areas. No carpet. Two very ample sized bedrooms with nice sized closets. Remodeled walk-in shower with custom tile. Condo fee includes water. Occupy this unit and be by all the great entertainment/restaurants/culture Uptown NOLA has to offer or use this as an income producing investment. Furniture inside can be negotiable.
-
2026-05-08price $124,900 1032-char remark
Show marketing remark (1032 chars)
Come on home to this beautifully remodeled condo in the historical B. Pearl Neighborhood. Located within minutes of Tulane and Loyola University this uptown gem will be sure to impress. This property is a gated private escape with a front and rear courtyard great for relaxation on a nice day with your guests. Walk down your breeze way to your front door, and you will be greeted to a remolded open living/kitchen floor plan that is light and airy! The all-new kitchen is complete with new cabinets, new counters, all new appliances including refrigerator and dishwasher. New mini-split HVAC cools down this home both quickly and efficiently. Inside laundry hook-ups. New Vinyl plank flooring in all living areas. No carpet. Two very ample sized bedrooms with nice sized closets. Remodeled walk-in shower with custom tile. Condo fee includes water. Occupy this unit and be by all the great entertainment/restaurants/culture Uptown NOLA has to offer or use this as an income producing investment. Furniture inside can be negotiable.
-
2026-04-23$129,000 Active 1032-char remark
Show marketing remark (1032 chars)
Come on home to this beautifully remodeled condo in the historical B. Pearl Neighborhood. Located within minutes of Tulane and Loyola University this uptown gem will be sure to impress. This property is a gated private escape with a front and rear courtyard great for relaxation on a nice day with your guests. Walk down your breeze way to your front door, and you will be greeted to a remolded open living/kitchen floor plan that is light and airy! The all-new kitchen is complete with new cabinets, new counters, all new appliances including refrigerator and dishwasher. New mini-split HVAC cools down this home both quickly and efficiently. Inside laundry hook-ups. New Vinyl plank flooring in all living areas. No carpet. Two very ample sized bedrooms with nice sized closets. Remodeled walk-in shower with custom tile. Condo fee includes water. Occupy this unit and be by all the great entertainment/restaurants/culture Uptown NOLA has to offer or use this as an income producing investment. Furniture inside can be negotiable.
-
2026-04-23$129,000 Active 1032-char remark
Show marketing remark (1032 chars)
Come on home to this beautifully remodeled condo in the historical B. Pearl Neighborhood. Located within minutes of Tulane and Loyola University this uptown gem will be sure to impress. This property is a gated private escape with a front and rear courtyard great for relaxation on a nice day with your guests. Walk down your breeze way to your front door, and you will be greeted to a remolded open living/kitchen floor plan that is light and airy! The all-new kitchen is complete with new cabinets, new counters, all new appliances including refrigerator and dishwasher. New mini-split HVAC cools down this home both quickly and efficiently. Inside laundry hook-ups. New Vinyl plank flooring in all living areas. No carpet. Two very ample sized bedrooms with nice sized closets. Remodeled walk-in shower with custom tile. Condo fee includes water. Occupy this unit and be by all the great entertainment/restaurants/culture Uptown NOLA has to offer or use this as an income producing investment. Furniture inside can be negotiable.
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2025-11-29price $150,000
-
2025-11-08price $150,000
-
2025-08-19$165,000 Active
-
2019-11-27soldstatus $120,000 Closed
-
2019-10-29status Pending
-
2019-09-27status Active
-
2019-09-23status Pending
-
2019-08-23$129,500 Active
-
2019-08-23$129,500
-
2018-07-26historical
-
2018-07-09status Active
-
2018-06-26historical Pending Continue to Show
-
2018-06-15status Active
-
2018-06-08historical Pending Continue to Show
-
2018-04-02price $129,900
-
2018-01-25$135,000 Active
-
2018-01-25$129,900
-
2009-08-12soldstatus $120,000
-
2008-12-27$121,500
-
2008-12-27$121,500
-
2008-04-22$132,500
-
2008-04-22$132,500
ⓘ 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 6/10 Major FEMA zone X · 57% 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
- $17,880
- − Mortgage interest
- −$6,996
- − Property taxes
- −$1,874
- − Insurance
- −$624
- − Repairs & maintenance
- −$1,430
- − Management
- −$1,430
- − HOA
- −$3,804
- − Depreciation
- −$3,633
- Taxable loss
- −$1,913
- Est. tax savings @ 24.0%
- +$459
- After-tax cash flow
- $422/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.
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 · 338,817 people
- City population
- 338,817
- Metro
- New Orleans-Metairie, LA
- Population (ZIP)
- 36,072
- Household income
- $63,750
- Rent vs Own
- Severe rent burden
- 2237.0
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 |
|
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| Utilities | 1 | $12B |
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| Wholesale / Distribution | 1 | $5B |
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| Advertising | 1 | $2B |
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Price history
-5.7% since first listed28 events — show timeline
- 2026-05-17 Pending — AcadianaMLS
- 2026-05-17 Pending — GSREIN
- 2026-05-08 Price Changed $124,900 AcadianaMLS
- 2026-05-08 Price Changed $124,900 GSREIN
- 2026-04-23 Listed $129,000 GSREIN
- 2026-04-23 Listed $129,000 AcadianaMLS
- 2025-11-29 Price Changed $150,000 AcadianaMLS
- 2025-11-08 Price Changed $150,000 GSREIN
- 2025-08-19 Listed $165,000 AcadianaMLS
- 2019-11-27 Sold (MLS) $120,000 GSREIN
- 2019-10-29 Pending — GSREIN
- 2019-09-27 Relisted — GSREIN
- 2019-09-23 Pending — GSREIN
- 2019-08-23 Listed $129,500 AcadianaMLS
- 2019-08-23 Listed $129,500 GSREIN
- 2018-07-26 Listing Removed — GSREIN
- 2018-07-09 Relisted — GSREIN
- 2018-06-26 Contingent — GSREIN
- 2018-06-15 Relisted — GSREIN
- 2018-06-08 Contingent — GSREIN
- 2018-04-02 Price Changed $129,900 GSREIN
- 2018-01-25 Listed $129,900 AcadianaMLS
- 2018-01-25 Listed $135,000 GSREIN
- 2009-08-12 Sold (MLS) $120,000 GSREIN
- 2008-12-27 Listed $121,500 AcadianaMLS
- 2008-12-27 Listed $121,500 GSREIN
- 2008-04-22 Listed $132,500 GSREIN
- 2008-04-22 Listed $132,500 AcadianaMLS
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…