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2721 2nd St
C+ Composite 60.67
Why this score? — see what drove the C+ 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).

  • Cash flow +15.2/30.0
  • ARV discount +15.0/15.0
  • Appreciation +10.0/10.0
  • DSCR +4.7/10.0
  • Rent growth +4.0/5.0
  • Livability +4.0/5.0
  • 1% rule +3.6/10.0
  • Condition / age +2.5/5.0
  • Schools +1.6/10.0

$179,000

2721 2nd St · New Orleans, LA 70113
2 bd · 1.0 ba · 1,248 sqft · SingleFamily public records · 55 Days on market
Built 1984 1,890 sqft lot $143/sqft · 32% below area Est $238k · 25% under

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Income-Producing Double with rents of total of $1800.00 or $900.00 on each side. in the Heart of Central City! Looking for a smart investment or a home that helps pay for itself? This well-maintained double in Central City is your answer! Live on one side and let the other unit generate rental income to help cover your monthly payment. Each unit is in great condition, offering comfortable living spaces, separate entrances, and strong income potential. Whether you're a first-time buyer or seasoned investor, this property is a win-win opportunity. Located just minutes from Downtown, public transportation, and local amenities--this is an ideal location for convenience and value. Don't miss your chance to own a property that pays you back! !Propiedad Doble Generadora de Ingresos en el Corazon de Central City! ?Buscas una inversion inteligente o una casa que se pague sola? Esta propiedad doble bien cuidada en Central City es perfecta para ti. Vive en un lado y deja que el otro lado genere ingresos por renta para ayudarte a cubrir el pago mensual. Cada unidad esta en excelente condicion, con entradas independientes, espacios comodos y gran potencial de ingresos. Ya seas comprador primerizo o inversionista, esta es una oportunidad que no puedes dejar pasar. Ubicada a solo minutos del centro de Nueva Orleans, transporte publico y tiendas locales. !Ubicacion ideal con mucho valor! !Aprovecha esta propiedad que trabaja para ti!

Key facts

  • Central heat
  • Cozy kitchen
  • Backyard

Tags

COZY KITCHENBACKYARDCENTRAL AIRCENTRAL HEAT

Property features AI

Exterior

  • Utilities: Public sewer; Water not available
  • Home design: Single-story property; Raised foundation
  • Exterior features: City lot; Rectangular lot; Lot dimensions approximately 29 x 63

Interior

  • Bedrooms: Total rooms: 5
  • Bathrooms: 2 full bathrooms
  • Heating & cooling: Central heating; Central air conditioning
  • Interior features: Very good condition

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 2-bed/1.0-bath single-family listed at $179k.

Deal economics

  • At list price, monthly cash flow is $-3 ($-38/yr) — negative.
  • To cash-flow at today's rent, offer at most $178k (0.3% below list).
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $155k (13.6% below list).
  • Recommended offer: $155k (13.6% below list) — sets the bar for 1% rule.
  • Cap rate 6.7% 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.
  • Market conditions: Rents rising fast (+6.0%/yr); 137 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); lower-income renter base — watch delinquency; 710 units permitted in Orleans Parish in 2024 (244 in 5+ unit buildings).

Forward outlook

  • In year one you build about $19k of equity ($1k loan paydown + $18k appreciation (10.0% local appreciation)).
  • Orleans County population projected at +61% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
  • At projected returns (10.0% appreciation + 6.0% rent growth), your $50k cash investment doubles in ~3 years — after that, you're playing with house money.
  • By year 2, paydown + projected appreciation supports a ~$31k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

  • It's been on market 55 days — a 3% lower offer ($174k) is reasonable based on typical stale-listing flexibility.
  • 14 sale attempts since 22y 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.
  • Current owner paid $45k; list at $179k implies a 298% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

  • Watch-outs: flood insurance adds $66/mo.
  • Climate carrying-cost: severe 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.
Recommended offer $154,696 (13.6% below list)

Questions for the listing agent

  1. 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?
  2. It's been on market 55 days. Have you received any prior offers? Is the seller open to a 14% concession, seller financing, or rate buy-down credit?
  3. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
  4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  5. 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.
  6. 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.
  7. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

1% rule
0.86%
Cap rate
6.72%
Cash-on-cash
1.52%
DSCR
1.07
GRM
9.6

CMA / ARV

ARV (median comp)
$237,701
List price
$179,000
Delta
-24.70%
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
2410 Freret St 0.17mi 3/3.0 (+1) 1,305 (+5%) 11mo $249,000 $191 62
2725 Philip St 0.11mi 3/2.0 (+1) 1,404 (+12%) 7mo $199,000 $142 59
2305 Washington Ave 0.34mi 3/2.0 (+1) 1,382 (+11%) 9mo $337,000 $244 49
2015 Martin Luther King Blvd 0.61mi 3/2.0 (+1) 1,332 (+7%) 3mo $249,000 $187 49
2516 Delachaise St 0.55mi 3/2.0 (+1) 1,183 (-5%) 11mo $104,000 $88 48
2321 Seventh St 0.43mi 3/2.0 (+1) 1,425 (+14%) 2mo $325,000 $228 46
2236 Delachaise St 0.63mi 3/2.0 (+1) 1,174 (-6%) 9mo $296,000 $252 44
3702 Toledano St 0.71mi 3/2.0 (+1) 1,285 (+3%) 12mo $240,000 $187 43
3413 S Galvez St 0.61mi 2/2.0 1,105 (-12%) 10mo $106,000 $96 40
4119 Clara St 0.62mi 3/2.0 (+1) 1,404 (+12%) 2mo $400,000 $285 39
1819 Baronne St 0.67mi 3/2.0 (+1) 1,375 (+10%) 5mo $315,000 $229 39
2604 S Dorgenois St 0.73mi 3/2.0 (+1) 1,104 (-12%) 7mo $80,000 $72 32

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

10.0% appreciation · 5.98% rent growth · sell at horizon

5-year hold
IRR
25.2%
Equity multiple
3.04×
Total profit
$102,081
Equity at exit
$161,257
10-year hold
IRR
23.0%
Equity multiple
7.22×
Total profit
$311,733
Equity at exit
$347,758

Cash invested: $50,120 (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
5-day notice; no state rent control; civil-law jurisdiction; landlord-favorable.

ZIP-level market 70113

Rents YoY
6.0%
Active inventory
137
Price-to-rent
9.6×

Monthly cashflow live

Estimated rent
$1,547 high interval (Pro) →
Mortgage (P&I)
$939
Tax from tax record
$145 /mo · $1,746/yr
Insurance
$75
Flood insurance flood zone
−$66 /mo · $798/yr
HOA
$0
Vacancy / Maint / Mgmt
$325
Net cashflow
$-3

Break-even live

Break-even rent $1,551
Max offer price $178,447
Occupancy floor 95%

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
$44,750
Closing costs
$5,370
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

AddressBedsBaths SqftRent$/sqft DOM Units Dist
2213 Clara St New Orleans, LA 1.0 1.0 750 $900 $1.20 12d 1 0.11mi
2429 Freret St New Orleans, LA 2.0 1.0 725 $1,300 $1.79 3d 1 0.14mi
2503 First St New Orleans, LA 2.0 1.0 741 $1,200 $1.62 3d 1 0.14mi
2503 First St New Orleans, LA 2.0 1.0 741 $1,200 $1.62 3d 1 0.14mi
2814 Josephine St Unit B New Orleans, LA 2.0 1.0 800 $1,149 $1.44 24d 1 0.20mi
2818 Saint Andrew St New Orleans, LA 2.0 1.0 900 $1,550 $1.72 24d 1 0.22mi
3108 Second St New Orleans, LA 3.0 3.0 1216 $2,100 $1.73 3d 1 0.28mi
2628 S Derbigny St New Orleans, LA 3.0 1.0 900 $1,500 $1.67 3d 1 0.28mi
2822 Martin L King Bl New Orleans, LA 1.0 1.0 715 $1,190 $1.66 24d 1 0.28mi
2722 Martin L King Bl New Orleans, LA 3.0 2.5 1350 $1,800 $1.33 24d 1 0.29mi
3120 Second St New Orleans, LA 3.0 3.0 1256 $2,050 $1.63 24d 1 0.29mi
3122 2nd St New Orleans, LA 3.0 3.0 1206 $2,075 $1.72 24d 1 0.30mi
2123 S Liberty St Unit 2125 New Orleans, LA 3.0 2.0 1500 $2,100 $1.40 3d 1 0.30mi
2003 Rev John Raphael Jr Way New Orleans, LA 1.0 1.0 750 $1,175 $1.57 24d 1 0.30mi
2001 Reverend John Raphael Junior Way Unit 2003 New Orleans, LA 1.0 1.0 750 $1,175 $1.57 21d 1 0.31mi
2329 Felicity St New Orleans, LA 1.0 1.0 717 $1,175 $1.64 24d 1 0.31mi
2225 2nd St New Orleans, LA 3.0 2.0 1100 $1,800 $1.64 24d 1 0.32mi
2227 Second St New Orleans, LA 2.0 2.0 1100 $1,900 $1.73 24d 1 0.32mi
2526 Martin Luther King Junior Blvd New Orleans, LA 3.0 2.0 1200 $2,200 $1.83 3d 1 0.33mi
2341 S Roman St Unit U New Orleans, LA 3.0 2.0 1000 $1,850 $1.85 24d 1 0.33mi
3204 2nd St New Orleans, LA 3.0 2.0 850 $1,295 $1.52 24d 1 0.33mi
2013 S Liberty St Apt 202 New Orleans, LA 2.0 1.0 750 $1,075 $1.43 12d 1 0.34mi
2013 S Liberty St Unit 304 New Orleans, LA 2.0 1.0 700 $1,095 $1.56 15d 1 0.34mi
1614 Rev John Raphael Jr Way New Orleans, LA 3.0 2.0 1000 $1,500 $1.50 24d 1 0.35mi
2222 Fourth St New Orleans, LA 2.0 1.5 937 $1,550 $1.65 24d 1 0.36mi
1527 Reverend John Raphael Junior Way Unit A New Orleans, LA 1.0 1.0 700 $1,175 $1.68 3d 1 0.36mi
1527 Reverend John Raphael Junior Way Unit A New Orleans, LA 1.0 1.0 700 $1,175 $1.68 12d 1 0.36mi
2220 4th St New Orleans, LA 1.0 1.0 937 $1,650 $1.76 24d 1 0.37mi
2833 S Derbigny St New Orleans, LA 3.0 2.0 1500 $1,795 $1.20 24d 1 0.38mi
2717 Loyola Ave New Orleans, LA 3.0 2.0 1250 $2,300 $1.84 2d 1 0.40mi
2717 Loyola Ave New Orleans, LA 3.0 2.0 1232 $2,300 $1.87 24d 1 0.40mi
2223 Saint Andrew St New Orleans, LA 1.0 1.0 800 $1,250 $1.56 24d 1 0.40mi
2318 Martin Luther King Junior Blvd New Orleans, LA 3.0 2.0 1400 $1,700 $1.21 24d 1 0.42mi
3218 Jackson Ave New Orleans, LA 3.0 2.0 1267 $1,750 $1.38 24d 1 0.42mi
3322 Third St New Orleans, LA 3.0 2.0 950 $1,450 $1.53 24d 1 0.43mi
2119 Josephine St New Orleans, LA 3.0 1.0 1017 $950 $0.93 21d 1 0.43mi
2107 Fourth St New Orleans, LA 3.0 1.0 1292 $1,775 $1.37 17d 1 0.44mi
2615 S Johnson St New Orleans, LA 2.0 1.0 1200 $1,400 $1.17 24d 1 0.46mi
2615 S Johnson St New Orleans, LA 2.0 1.0 1200 $1,350 $1.12 17d 1 0.46mi
2617 S Johnson St New Orleans, LA 2.0 1.0 1500 $1,300 $0.87 24d 1 0.47mi

Listing history 35 events

  1. 2026-06-18
    days on market $179,000 Active 55 DOM
  2. 2026-06-17
    days on market $179,000 Active 54 DOM
  3. 2026-06-16
    days on market $179,000 Active 53 DOM
  4. 2026-06-15
    days on market $179,000 Active 52 DOM
  5. 2026-06-13
    days on market $179,000 Active 50 DOM
  6. 2026-06-10
    days on market $179,000 Active 47 DOM
  7. 2026-06-09
    days on market $179,000 Active 46 DOM
  8. 2026-06-08
    days on market $179,000 Active 45 DOM
  9. 2026-06-07
    days on market $179,000 Active 44 DOM
  10. 2026-06-05
    days on market $179,000 Active 41 DOM
  11. 2026-06-03
    days on market $179,000 Active 40 DOM
  12. 2026-06-02
    days on market $179,000 Active 39 DOM
  13. 2026-06-01
    days on market $179,000 Active 38 DOM
  14. 2026-05-31
    days on market $179,000 Active 37 DOM
  15. 2026-04-25
    price $189,000 1441-char remark
    Show marketing remark (1441 chars)

    Income-Producing Double with rents of total of $1800.00 or $900.00 on each side. in the Heart of Central City! Looking for a smart investment or a home that helps pay for itself? This well-maintained double in Central City is your answer! Live on one side and let the other unit generate rental income to help cover your monthly payment. Each unit is in great condition, offering comfortable living spaces, separate entrances, and strong income potential. Whether you're a first-time buyer or seasoned investor, this property is a win-win opportunity. Located just minutes from Downtown, public transportation, and local amenities--this is an ideal location for convenience and value. Don't miss your chance to own a property that pays you back! !Propiedad Doble Generadora de Ingresos en el Corazon de Central City! ?Buscas una inversion inteligente o una casa que se pague sola? Esta propiedad doble bien cuidada en Central City es perfecta para ti. Vive en un lado y deja que el otro lado genere ingresos por renta para ayudarte a cubrir el pago mensual. Cada unidad esta en excelente condicion, con entradas independientes, espacios comodos y gran potencial de ingresos. Ya seas comprador primerizo o inversionista, esta es una oportunidad que no puedes dejar pasar. Ubicada a solo minutos del centro de Nueva Orleans, transporte publico y tiendas locales. !Ubicacion ideal con mucho valor! !Aprovecha esta propiedad que trabaja para ti!

  16. 2026-04-24
    listed $179,000 Active 1058-char remark
    Show marketing remark (1058 chars)

    This awesome 2-bedroom home, renovated just a years ago, is ready for you! It features a nicely sized living room, a cozy kitchen, and a backyard on point for relaxing or entertaining. With central air and heat, comfort is a given. Best of all, you may qualify to buy this home with very little down and affordable monthly payments. Don't wait--call NOW! CASAS BUENAS, BONITAS, BARATAS Y FEAS -- We have them all! this propertycan be sold with dbl next door for a awesome package deal. ********************************************************************************************************* !Esta increible casa de 2 habitaciones, renovada hace pocos anos, esta lista para ti! Cuenta con una sala amplia, una cocina acogedora y un patio trasero ideal para relajarse o compartir en familia. Con aire central y calefaccion, la comodidad esta garantizada. Lo mejor de todo: puedes calificar para comprar esta casa con muy poco de enganche y pagos mensuales accesibles. !No esperes mas! !Llama YA! CASAS BUENAS, BONITAS, BARATAS Y FEAS -- !Aqui tenemos de todo!

  17. 2026-04-24
    listed $179,000 Active
    Show marketing remark (1058 chars)

    This awesome 2-bedroom home, renovated just a years ago, is ready for you! It features a nicely sized living room, a cozy kitchen, and a backyard on point for relaxing or entertaining. With central air and heat, comfort is a given. Best of all, you may qualify to buy this home with very little down and affordable monthly payments. Don't wait--call NOW! CASAS BUENAS, BONITAS, BARATAS Y FEAS -- We have them all! this propertycan be sold with dbl next door for a awesome package deal. ********************************************************************************************************* !Esta increible casa de 2 habitaciones, renovada hace pocos anos, esta lista para ti! Cuenta con una sala amplia, una cocina acogedora y un patio trasero ideal para relajarse o compartir en familia. Con aire central y calefaccion, la comodidad esta garantizada. Lo mejor de todo: puedes calificar para comprar esta casa con muy poco de enganche y pagos mensuales accesibles. !No esperes mas! !Llama YA! CASAS BUENAS, BONITAS, BARATAS Y FEAS -- !Aqui tenemos de todo!

  18. 2026-04-22
    listed $179,711 Active 1441-char remark
    Show marketing remark (1441 chars)

    Income-Producing Double with rents of total of $1800.00 or $900.00 on each side. in the Heart of Central City! Looking for a smart investment or a home that helps pay for itself? This well-maintained double in Central City is your answer! Live on one side and let the other unit generate rental income to help cover your monthly payment. Each unit is in great condition, offering comfortable living spaces, separate entrances, and strong income potential. Whether you're a first-time buyer or seasoned investor, this property is a win-win opportunity. Located just minutes from Downtown, public transportation, and local amenities--this is an ideal location for convenience and value. Don't miss your chance to own a property that pays you back! !Propiedad Doble Generadora de Ingresos en el Corazon de Central City! ?Buscas una inversion inteligente o una casa que se pague sola? Esta propiedad doble bien cuidada en Central City es perfecta para ti. Vive en un lado y deja que el otro lado genere ingresos por renta para ayudarte a cubrir el pago mensual. Cada unidad esta en excelente condicion, con entradas independientes, espacios comodos y gran potencial de ingresos. Ya seas comprador primerizo o inversionista, esta es una oportunidad que no puedes dejar pasar. Ubicada a solo minutos del centro de Nueva Orleans, transporte publico y tiendas locales. !Ubicacion ideal con mucho valor! !Aprovecha esta propiedad que trabaja para ti!

  19. 2025-10-15
    price $173,000
  20. 2025-10-15
    price $173,000
  21. 2025-07-28
    price $199,999
  22. 2025-07-28
    price $199,999
  23. 2025-07-17
    listed $209,000 Active
  24. 2025-03-20
    listed $1,500
  25. 2012-10-09
    listed $26,400
  26. 2012-10-09
    listed $26,400
  27. 2011-09-26
    listed $80,000
  28. 2011-09-26
    listed $80,000
  29. 2010-08-24
    listed $115,000
  30. 2007-07-30
    soldstatus $45,000
  31. 2007-03-07
    listed $60,000
  32. 2007-03-07
    listed $60,000
  33. 2004-04-29
    soldstatus $130,000
  34. 2004-02-12
    listed $79,900
  35. 2004-02-12
    listed $79,900

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast LA · Resets to sale price

Current annual tax
$1,746 · $145/mo
Projected year-2 tax
$1,746 · $145/mo
Expected delta
$0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

  • 🌊 Flood 8/10 Severe FEMA zone X (shaded) · 60% chance over 30 yrs
  • 🔥 Wildfire 1/10 Low
  • 🌡 Heat 10/10 Extreme 7 d/yr ≥108°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
$18,564
− Mortgage interest
−$10,027
− Property taxes
−$1,746
− Insurance
−$1,692
− Repairs & maintenance
−$1,485
− Management
−$1,485
− Depreciation
−$5,207
Taxable loss
−$3,079
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$739
After-tax cash flow
$701/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

Amenities A+ Commute A+ Cost of living B+ Crime C- Employment D Housing B- Health & safety A+ User ratings D-

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)
9,387
Household income
$39,333
Rent vs Own
75.4% rent · 24.6% own
Severe rent burden
714.0

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 0.57)
Race & ethnicity
Black 61% White 20% Hispanic / Latino 13% Two or more races 11% Asian 2%
Hispanic origin (detail)
Mexican 2%
Common ancestry
Lithuanian 2% Portuguese 1% Slovak 1%
Foreign-born
13% · Canada, Vietnam, China
Languages at home
86% English-only · Spanish 11% Other Indo-European 1% Vietnamese 1%

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
▲ 65.92%
Current HPI
229.3968
Rent YoY
▲ 5.98%
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

Price history

-98.1% since first listed
22 events — show timeline
  • 2026-06-17 Rental Removed $1,500 REDFIN
  • 2026-04-25 Price Changed $189,000 AcadianaMLS
  • 2026-04-24 Listed $179,000 GSREIN
  • 2026-04-24 Listed $179,000 AcadianaMLS
  • 2026-04-22 Listed $179,711 AcadianaMLS
  • 2025-10-15 Price Changed $173,000 AcadianaMLS
  • 2025-10-15 Price Changed $173,000 GSREIN
  • 2025-07-28 Price Changed $199,999 AcadianaMLS
  • 2025-07-28 Price Changed $199,999 GSREIN
  • 2025-07-17 Listed $209,000 AcadianaMLS
  • 2025-03-20 Listed for Rent $1,500 REDFIN
  • 2012-10-09 Listed $26,400 GSREIN
  • 2012-10-09 Listed $26,400 AcadianaMLS
  • 2011-09-26 Listed $80,000 GSREIN
  • 2011-09-26 Listed $80,000 AcadianaMLS
  • 2010-08-24 Listed $115,000 AcadianaMLS
  • 2007-07-30 Sold (MLS) $45,000 GSREIN
  • 2007-03-07 Listed $60,000 GSREIN
  • 2007-03-07 Listed $60,000 AcadianaMLS
  • 2004-04-29 Sold (MLS) $130,000 GSREIN
  • 2004-02-12 Listed $79,900 GSREIN
  • 2004-02-12 Listed $79,900 AcadianaMLS

Property tax history

+1.9%/yr

Latest (2026): $1,746 · +1.1% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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