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New Orleans city, LA

ZIP 70130 — Housing & Real Estate

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

Middle ClassLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 70130

Median Home Value
$529,300
Median Rent
$1,313
Affordability Snapshot
$146,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$3,400/mo PITI).

19%
Rent-to-Income Ratio

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

6.4x
Home Price-to-Income Ratio

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

33.6 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 70130 in New Orleans city, LA, a household would need roughly $146,000 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 $3,400. That is about 76% above the local median household income ($82,758), 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 35% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
37.1%-43% vs US avg
x
Vacancy Rate
34.6%+236% vs US avg
x
Broadband Access
89.2%+3% vs US avg
x
4+ Bedrooms
1.4%-91% vs US avg
x
Built Pre-1939
2.3%-82% vs US avg
x
Built Post-2014
0.7%-90% vs US avg
x
Rent Burden >30%
18.0%-64% vs US avg
x
Mortgage-Free
44.8%+17% vs US avg
x
$529,300
Home Value
$1,313
Rent
1938
Year Built
2018
Moved In

Residents have lived here since ~2018 on average

Housing Structure

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

  • 1-unit detached10.9%
  • 1-unit attached5.4%
  • 2-9 units31.7%
  • 10+ units51.8%
  • Mobile home & other0.2%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$529,300
Median rent$1,313
Owner-occupied37.1%
Vacant34.6%
Price-to-income6.4x
Est. income to buy$146,000