Rent by ZIP · Jefferson Parish
Rent in New Orleans, LA 70123
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,630 (-1.8% vs FY2026). Renters in this ZIP code pay a median $1,390 a month, including utilities.
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $1,210 | $1,200 | +0.8% | $1,089–1,331 | $1,514 ±$779 |
| 1 bedroom | $1,350 | $1,390 | -2.9% | $1,215–1,485 | $1,308 ±$81 |
| 2 bedrooms | $1,630 | $1,660 | -1.8% | $1,467–1,793 | $1,528 ±$129 |
| 3 bedrooms | $2,090 | $2,120 | -1.4% | $1,881–2,299 | $1,628 ±$258 |
| 4 bedrooms | $2,460 | $2,490 | -1.2% | $2,214–2,706 | – |
Small Area FMRs for the New Orleans-Metairie, LA HUD Metro FMR Area. Fair Market Rents include utilities. The voucher range is the typical 90–110% band; your housing authority sets the actual payment standard.
Area-wide FMR for New Orleans-Metairie, LA HUD Metro FMR Area, 2 bedrooms: $1,480.
What renters pay in 70123
How rents are spread
Share of renter households paying cash rent, by monthly gross rent (rent plus utilities).
Nearby ZIP codes
| ZIP | Place | 2-bedroom FMR | Census median, 2 bedrooms |
|---|---|---|---|
| 70122 | New Orleans | $1,590 | $1,244 |
| 70124 | New Orleans | $2,180 | $1,708 |
| 70121 | New Orleans | $1,360 | $1,258 |
| 70125 | New Orleans | $1,620 | $1,372 |
| 70126 | New Orleans | $1,400 | $1,070 |
| 70119 | New Orleans | $1,750 | $1,472 |
Fair Market Rents across Jefferson Parish, LA · All LA counties · What is Fair Market Rent?
Sources: HUD Small Area and county Fair Market Rents, FY2027 (effective October 1, 2026); U.S. Census Bureau, 2020–2024 ACS 5-year estimates. Census figures are survey estimates (±90% margin of error) and trail today's market. Place name from GeoNames. About the data.