New Orleans
Housing in New Orleans, LA: Rent, Home Prices & Property Tax
$2,440 left/mo
$1,223/mo (1 bd) in New Orleans. Median home $248,000. Property tax 0.59%.
- Rent (1-bedroom)
- $1,223
- /mo
- Buy
- $1,701
- Mortgage, tax, insurance
- Buying costs more
- $478
- /mo
To buy
- 20% down payment$49,600
- Mortgage at 7.24%$1,352
- Property tax (0.59% of value)$122/mo · $1,463/yr
- Insurance and upkeep$227
- Monthly total$1,701
Months to 20% down
$2,440 left each month. About 21 months (1.8 years) to save $49,600.
Rent is Zillow asking rent. The price is the Census median home value. The mortgage is a 30-year fixed at 7.24%, the Freddie Mac PMMS average for the week of Oct 29, 2026, with 20% down.
Guide: state tax and rent when you compare cities
Take-home by job in New Orleans
- Registered nurse
- Software developer
- Elementary school teacher
- High school teacher
- Accountant / auditor
- Truck driver (heavy)
- Electrician
- Civil engineer
- Lawyer
- Police officer
- Financial analyst
- Pharmacist
- Product / project manager
- Physical therapist
- Nurse practitioner
- Physician
- Construction manager
- Data scientist
- Firefighter
- Mechanical engineer
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