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New Orleans city, LA

ZIP 70125 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Working ClassLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 70125

Median Home Value
$428,600
Median Rent
$1,060
Affordability Snapshot
$118,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$2,753/mo PITI).

22%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

7.3x
Home Price-to-Income Ratio

Well above the 3-5x guideline — challenging for first-time buyers.

33.7 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 70125 in New Orleans city, LA, a household would need roughly $118,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $2,753. That is about 100% above the local median household income ($58,956), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 19% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
45.6%-30% vs US avg
x
Vacancy Rate
18.6%+81% vs US avg
x
Broadband Access
82.4%-5% vs US avg
x
4+ Bedrooms
4.1%-72% vs US avg
x
Built Pre-1939
17.1%+34% vs US avg
x
Built Post-2014
0.1%-98% vs US avg
x
Rent Burden >30%
37.9%-24% vs US avg
x
Mortgage-Free
39.7%+4% vs US avg
x
$428,600
Home Value
$1,060
Rent
1949
Year Built
2014
Moved In

Residents have lived here since ~2014 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached37.4%
  • 1-unit attached11.8%
  • 2-9 units44.3%
  • 10+ units6.5%
  • Mobile home & other0.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$428,600
Median rent$1,060
Owner-occupied45.6%
Vacant18.6%
Price-to-income7.3x
Est. income to buy$118,000