5%-10% of collected rent ($150/mo min), a one-time placement fee, and six guarantees in writing. Median rent in the area: ~$1,850/month. Bilingual team — English & 中文.
From French Quarter condos to Bywater doubles and Metairie family homes.
We navigate the city's unique short-term rental regulations for long-term landlords.
Tourism-driven demand supports strong rents across the metro.
Also serving nearby: Lafayette · Baton Rouge · Lake Charles · Houston · Katy · Cypress · Pearland · Sugar Land · Beaumont — see all 10 city guides →
Researched October 2026. Sources: RentDataNow / Zillow ZORI (Oct 2026); RentCafe / Yardi Matrix (Jul 2026); Rent.com (Oct 2026); HUD Small Area Fair Market Rents; Orleans Parish Assessor 2026 fact sheet; City of New Orleans short-term rental rules; Insurify analysis of FEMA NFIP data (Sep 30, 2026).
RentDataNow's October 2026 medians come from Zillow's rent index. HUD's fair market rent of $1,576 is a 40th-percentile benchmark that counts utilities, which is why it sits below the market median for a two-bedroom.
| Bedroom | Rent / mo | Notes |
|---|---|---|
| Studio | $1,142 | RentDataNow / Zillow ZORI, Oct 2026 |
| 1 bed | $1,319 | RentDataNow, Oct 2026 |
| 2 bed | $1,576 | RentDataNow, Oct 2026 - matches HUD FY2026 FMR |
| 3 bed | $2,015 | RentDataNow, Oct 2026 |
| 4 bed and larger | $2,366 | RentDataNow, Oct 2026 |
Orleans Parish runs an all-charter system through NOLA Public Schools, so there is no traditional neighbourhood attendance zone - families apply through the centralized enrolment process rather than buying into a district. That means school-driven rent premiums work differently here than in Katy or Sugar Land: address does not guarantee a school, and a large private and parochial sector absorbs much of the demand. Families who want a conventional district often cross into Jefferson Parish (Metairie) or St. Tammany instead.
Renter households make up 49% of New Orleans, median household income is about $56,600, and rent has risen 24% since 2019 while income rose 36% - income has kept ahead of rent, which is unusual. Demand splits between tourism and hospitality, the Port of New Orleans, healthcare (Ochsner, LSU Health, Tulane Medical), the universities, and a film and production sector that has held up. Seasonality is real: Mardi Gras and Jazz Fest tighten the short-term market, and summer is the strongest long-term leasing window.
New Orleans is the most regulated rental market on our corridor and, for a prepared owner, one of the most rewarding. Hospitality and healthcare hiring keeps tenant demand deep inside the city, and rents in Mid-City, Gentilly and the Carrollton strip have held through 2026. The complication is not demand — it is the Healthy Homes registration regime, which makes an unregistered unit effectively unrentable and turns mould and moisture from a maintenance annoyance into a code violation.
| Segment | Median asking rent | Where you see it |
|---|---|---|
| 3BR shotgun / double | $1,850 | Mid-City, Gentilly, Carrollton |
| 4BR+ side-hall | $2,350 | Broadmoor, Freret, Bywater |
| 2BR condo | $1,600 | CBD, Warehouse District, Irish Channel |
| Double, per side | $1,450 | Uptown, Algiers Point |
Asking-rent bands reflect current listings and recently executed leases across our New Orleans portfolio and public market sources; segment medians are compiled from the two, so treat them as an indicative range rather than an appraisal. Headline market figures: Realtor.com Research (Louisiana, July 2026) and Doorstead Houston-metro market data (July 2026); HUD FY2026 Small Area Fair Market Rents for the Houston–The Woodlands–Sugar Land metro. The cards further up this page blend bedrooms and property types across our own portfolio, so they will not match a segment median exactly — your free rental analysis uses live comparables for your specific address and updates this report monthly. Get a free New Orleans rental analysis →
State law sets the floor. County, parish, city and private covenants stack on top of it — and in New Orleans the layer that catches owners out is usually the last one.
How we handle this in practice. Short-term rentals in New Orleans are a separate permit regime on top of Healthy Homes, with far tighter rules and far more volatility. Unless you have run the numbers on both, a 12-month lease removes most of the regulatory risk while keeping the income predictable. Most of our Orleans Parish clients lease long-term — deliberately.
Regulations change and municipal desks read them differently street by street — always confirm the current requirement for the specific address with the city, parish or county before you rely on it. We run compliance for every property we manage, including registration renewals, annual alarm checks and the paperwork trail that decides a deposit dispute.
Three engagements from our New Orleans portfolio. Addresses are withheld at the owners' request; figures are as executed.
A pre-purchase find with visible moisture in both bathrooms and one unpermitted electrical alteration. We scoped the remediation before closing, cleared the open permit, registered both units on one lot application, and had both certificates and both tenants inside six weeks.
The certificate was in hand before the listing went live, so there was no window where the unit could not legally be occupied. Tenant screening was fully remote, with the lease signed digitally.
The building caps the number of leased units. We obtained the written clearance from the board before spending a dollar on marketing — otherwise the unit could not have been advertised at all.
Rent and vacancy for this city, guides by ZIP code, and every monthly report we have published for New Orleans.
Published monthly since May 2026. Figures are statistical estimates from public sources (Zillow, Realtor.com, RentCast, HUD, U.S. Census ACS) and are general information, not legal, tax or investment advice.
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